South Korea's current account surplus reached a record $49.73 billion in June, marking the second consecutive month of all-time highs, according to data from the Bank of Korea. The June result widened from $38.61 billion in May and compares with $13.97 billion in the same month a year earlier. For the first six months, the cumulative surplus rose to $191.01 billion, the highest ever for the period and equal to 76 percent of the central bank's full-year target of $250 billion. The goods account supplied the main thrust with a monthly record $47.89 billion surplus, as exports jumped 84.5% year on year to $112.37 billion — past the $100 billion mark for the first time. Semiconductor exports surged 196.9%, while computer peripherals climbed 282.7%. Korea's current account has stayed in surplus for 38 straight months dating back to May 2023. The services account deficit widened to $1.29 billion, chiefly on higher intellectual-property-related payments; the travel account surplus stood at $440 million, the second-highest since October 2008. For full-year 2025, the surplus came to a record $123.05 billion.
South Korea's current account surplus hit a record $49.73 billion in June, extending the streak of all-time monthly highs to two straight months, the Bank of Korea said.
The June figure widened from $38.61 billion in May and stands well above the $13.97 billion recorded a year earlier. For the first half of the year, the cumulative surplus reached $191.01 billion — the highest on record for the period, equal to 76% of the central bank's full-year target of $250 billion.
The goods account delivered the bulk of the improvement, posting a monthly record surplus of $47.89 billion. Exports surged 84.5% year on year to $112.37 billion, crossing the $100 billion mark for the first time. Semiconductor shipments jumped 196.9% from a year earlier, while computer peripherals rose 282.7%.
Korea's current account has now remained in surplus for 38 consecutive months since May 2023.
On the services side, the deficit widened to $1.29 billion, largely reflecting higher payments related to intellectual property. The travel account, in contrast, posted a surplus of $440 million — the second-highest reading since October 2008.
For full-year 2025, Korea's current account surplus came in at a record $123.05 billion.
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