S. Korea posts record high current account surplus of over $60 bil. in Sept. on chip supercycle
South Korea posted an all-time high current account surplus of over $60 billion won in September on strong exports of semiconductors, central bank data showed Thursday. The current account surplus totaled $61.46 billion in September, up from $46.11 billion the previous month, according to the data from the Bank of Korea (BOK). It marked the largest monthly current account surplus ever, renewing…
South Korea recorded an unprecedented current account surplus of more than $60 billion won in September, according to data released by the Bank of Korea. The surplus, which stood at $61.46 billion for the month, surpassed the previous monthly record of $49.73 billion set in June. The figure marked a significant increase compared to September 2023, when the surplus was only $14.22 billion.
Over the first nine months of the year, the current account surplus reached a cumulative total of $340.66 billion, more than triple the $83.89 billion recorded in the same period last year. South Korea has maintained a current account surplus for 41 consecutive months since May 2023, making September the 41st consecutive month with a surplus.
In 2025, the nation achieved its largest annual surplus on record, with a surplus of $123.05 billion, exceeding the previous high of $105.1 billion set in 2015. The Bank of Korea attributed the record surplus in September to a surge in exports, particularly of semiconductors.
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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