South Korea’s current account surplus widened sharply to a new record high of USD 49.73 billion in June 2026, up from USD 38.61 billion in May, driven by robust growth in semiconductor exports. The goods account surplus climbed to USD 47.89 billion in June from USD 37.86 billion in May, as exports surged 84.5% year-on-year to USD 112.37 billion, outpacing the 38.6% rise in imports to USD 64.48 billion. The primary income account surplus rose to USD 3.27 billion from USD 2.17 billion, driven by higher income on equity. Additionally, the secondary income deficit narrowed to USD 0.14 billion from USD 0.33 billion, reflecting lower secondary income payments. Meanwhile, the services account deficit widened to USD 1.29 billion from USD 1.09 billion, due to larger deficits in other business services and manufacturing services. For the first half of the year, the current account surplus surged to USD 191.01 billion from USD 47.87 billion in the same period of 2025. source: The Bank of Korea

South Korea recorded a Current Account surplus of 49730 USD Million in June of 2026. Current Account in South Korea averaged 2533.19 USD Million from 1900 until 2026, reaching an all time high of 49730.00 USD Million in June of 2026 and a record low of -4204.80 USD Million in January of 2023. This page provides the latest reported value for - South Korea Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. South Korea Current Account - data, historical chart, forecasts and calendar of releases - was last updated on August of 2026.

South Korea recorded a Current Account surplus of 49730 USD Million in June of 2026. Current Account in South Korea is expected to be 40000.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Korea Current Account is projected to trend around 60700.00 USD Million in 2027 and 55000.00 USD Million in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-07-07 11:00 PM
Current Account
May $38.61B $28.29B $33.0B
2026-08-05 11:00 PM
Current Account
Jun $49.73B $38.61B $ 34.7B
2026-09-03 11:00 PM
Current Account
Jul $49.73B


Related Last Previous Unit Reference
Balance of Trade 30320.00 36087.59 USD Million Jul 2026
Capital Flows 46702.90 30905.40 USD Million Jun 2026
Current Account 49730.00 38610.00 USD Million Jun 2026
Current Account to GDP 6.60 5.30 percent of GDP Dec 2025
Exports 98890.00 102165.51 USD Million Jul 2026
External Debt 774390.20 770153.30 USD Million Mar 2026
Imports 68560.00 66077.93 USD Million Jul 2026
Terms of Trade 119.09 116.68 points Jul 2026


South Korea Current Account
Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).
Actual Previous Highest Lowest Dates Unit Frequency
49730.00 38610.00 49730.00 -4204.80 1900 - 2026 USD Million Monthly
Current Prices, NSA

News Stream
South Korea Current Account Surplus Hits Fresh Record High
South Korea’s current account surplus widened sharply to a new record high of USD 49.73 billion in June 2026, up from USD 38.61 billion in May, driven by robust growth in semiconductor exports. The goods account surplus climbed to USD 47.89 billion in June from USD 37.86 billion in May, as exports surged 84.5% year-on-year to USD 112.37 billion, outpacing the 38.6% rise in imports to USD 64.48 billion. The primary income account surplus rose to USD 3.27 billion from USD 2.17 billion, driven by higher income on equity. Additionally, the secondary income deficit narrowed to USD 0.14 billion from USD 0.33 billion, reflecting lower secondary income payments. Meanwhile, the services account deficit widened to USD 1.29 billion from USD 1.09 billion, due to larger deficits in other business services and manufacturing services. For the first half of the year, the current account surplus surged to USD 191.01 billion from USD 47.87 billion in the same period of 2025.
2026-08-05
South Korea Posts Record Current Account Surplus
South Korea’s current account surplus widened sharply to a record high of USD 38.61 billion in May 2026, up from USD 28.29 billion in April, driven by robust growth in semiconductor exports. The goods surplus rose to USD 37.86 billion in May from USD 33.88 billion in April, as exports rose 62.9% yoy to USD 94.34 billion, outpacing the 22.2% increase in imports to USD 56.48 billion. Additionally, the primary income account swung to a surplus of USD 2.17 billion from a deficit of USD 2.53 billion, due to an increase in income on equity. Meanwhile, the services account deficit narrowed to USD 1.09 billion from USD 2.42 billion, due to smaller deficits in other business services and manufacturing services. Also, the secondary income deficit narrowed to USD 0.33 billion from USD 0.64 billion, due to a decrease in payments on secondary income. For the first five months of the year, the current account surplus surged to USD 141.28 billion from USD 33.90 billion in the same period of 2025.
2026-07-07
South Korea Current Account Surplus Narrows in April
South Korea’s current account surplus declined to USD 28.29 billion in April 2026, the second-largest monthly surplus on record, down from a marginally revised all-time high of USD 37.93 billion in the previous month. The decline was mainly driven by a narrowing of the goods surplus to USD 33.88 billion in April from USD 35.68 billion in March, although exports surged 54.5% from a year earlier, outpacing the 16.1% increase in imports. Additionally, the services account deficit widened to USD 2.42 billion from USD 1.31 billion, while the primary income account swung to a deficit of USD 2.53 billion from a surplus of USD 3.59 billion. Meanwhile, the secondary income deficit widened to USD 0.64 billion from USD 0.03 billion, due to a decrease in the income on equity. For the first four months of the year, the current account surplus surged to USD 102.67 billion from USD 24.00 billion in the same period of 2025.
2026-06-04