Korea Posts Record-High Current Account Surplus Again in June on Strong Chip Exports
8 Articles
8 Articles
AI-Driven Chip Boom Lifts Korean Current Account to Fresh Record
The Bank of Korea announced on the 6th that the current account surplus for June reached $49.73 billion. This marks a new all-time high for the second consecutive month, following the previous month ($38.61 billion). The cumulative current account surplus from January to June stood at $191.01 billion, surpassing last year's record high of $123.0528 billion. If this trend continues, it is highly likely to exceed the forecast of $250 billion prese…
(Seoul = Yonhap News) Reporter Han Ji-hoon = Thanks to strong semiconductor exports, South Korea recorded its largest-ever trade surplus of over 70 trillion won last June.
Semiconductor Drives Record Current Account Surplus in June
Kim Young-hwan (second from left), Director General of Economic Statistics Department 1 at the Bank of Korea, speaks at the briefing on the June 2026 Balance of Payments (Preliminary) held at the Bank of Korea in Jung-gu, Seoul, on August 6. Provided by the Bank of Korea. As semiconductor exports enjoy an unprecedented boom, the South Korea’s current account has broken the record for the highest surplus for two consecutive months. With the month…
Coverage Details
Bias Distribution
- 40% of the sources lean Left, 40% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
