South Korea posts world's second-largest current account surplus

2026-10-26 · Economy · South Korea

President Lee Jae Myung said South Korea has emerged as a leading player in the global economy, citing the country's world's second-largest current account surplus among major economies in the second quarter. The surplus reached $116.63 billion in the April-June period, according to Yonhap. Lee presented the figure as evidence of the country's economic standing.

Why it matters：A record current account surplus strengthens South Korea's external position and gives Seoul more room to manage currency and trade pressures.

Key points

• The current account surplus reached $116.63 billion in April-June.
• Lee described it as the world's second-largest among major economies.
• He cited it as evidence of South Korea's global economic standing.

Sources (original reporting)

• The Korea Herald
• Yonhap

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