South Korea’s current account surplus narrowed to USD 42.08 billion in July 2026, down from a record high of USD 49.73 billion in June. The goods account surplus fell to USD 40.43 billion in July from USD 47.89 billion in June, with exports soaring 65.3% yoy to USD 100.45 billion, while imports rose 21.7% to USD 60.02 billion. Exports surged, boosted by strong growth in semiconductor exports amid the global AI boom. The primary income account surplus increased to USD 4.35 billion from USD 3.27 billion, driven by higher income on equity. Additionally, the secondary income deficit widened to USD 0.73 billion from USD 0.14 billion, reflecting higher secondary income payments. Meanwhile, the services account deficit rose to USD 1.97 billion from USD 1.209 billion, due to larger deficits in manufacturing services and the use of intellectual property. For the 1st seven months of 2026, the current account surplus jumped to USD 233.09 billion from USD 59.82 billion in the same period of 2025. source: The Bank of Korea

South Korea recorded a Current Account surplus of 42080 USD Million in July of 2026. Current Account in South Korea averaged 2603.81 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 September of 2026.

South Korea recorded a Current Account surplus of 42080 USD Million in July 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
2026-08-05 11:00 PM
Current Account
Jun $49.73B $38.61B $ 34.7B
2026-09-03 11:00 PM
Current Account
Jul $42.08B $49.73B $50.0B
2026-10-07 11:00 PM
Current Account
Aug $42.08B


Related Last Previous Unit Reference
Balance of Trade 34750.00 30320.00 USD Million Aug 2026
Capital Flows 40364.10 46702.90 USD Million Jul 2026
Current Account 42080.00 49730.00 USD Million Jul 2026
Current Account to GDP 6.60 5.30 percent of GDP Dec 2025
Exports 98250.00 98890.00 USD Million Aug 2026
External Debt 812831.90 774390.20 USD Million Jun 2026
Imports 63510.00 68560.00 USD Million Aug 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
42080.00 49730.00 49730.00 -4204.80 1900 - 2026 USD Million Monthly
Current Prices, NSA

News Stream
South Korea Current Account Surplus Narrows in July
South Korea’s current account surplus narrowed to USD 42.08 billion in July 2026, down from a record high of USD 49.73 billion in June. The goods account surplus fell to USD 40.43 billion in July from USD 47.89 billion in June, with exports soaring 65.3% yoy to USD 100.45 billion, while imports rose 21.7% to USD 60.02 billion. Exports surged, boosted by strong growth in semiconductor exports amid the global AI boom. The primary income account surplus increased to USD 4.35 billion from USD 3.27 billion, driven by higher income on equity. Additionally, the secondary income deficit widened to USD 0.73 billion from USD 0.14 billion, reflecting higher secondary income payments. Meanwhile, the services account deficit rose to USD 1.97 billion from USD 1.209 billion, due to larger deficits in manufacturing services and the use of intellectual property. For the 1st seven months of 2026, the current account surplus jumped to USD 233.09 billion from USD 59.82 billion in the same period of 2025.
2026-09-03
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