Key facts
- South Korea's current account surplus hit a record high in May.
- The record surplus in May was $38.61 billion.
- This marks the 37th consecutive month of surplus for South Korea.
- Strong semiconductor exports were the main driver of the surplus.
- The surplus indicates strong international trade and investment flows.
South Korea's current account surplus reached an unprecedented $38.61 billion in May, setting a new all-time high. This achievement signifies the 37th consecutive month that the nation has maintained a surplus, underscoring a consistent positive balance in its international transactions. The primary engine behind this record surplus was a significant increase in semiconductor exports. These exports have become a critical component of South Korea's economic strength, driving the nation's trade performance. The sustained surplus reflects a healthy international trade environment and positive investment flows for South Korea.