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Korea's Q2 current account surplus ranks 2nd globally on chip boom
South Korea posted the world's second-largest current account surplus in the second quarter, at $116.6 billion, trailing only China ($193.72 billion), according to the Bank of Korea data reported by Chosun Ilbo. Yonhap reports the surplus ranked second among major economies, while Korea Times and KBS World note it exceeded the combined surpluses of Germany and Japan for the first time on record, fueled by rising semiconductor exports. President Lee Jae Myung said Sunday that Korea has emerged as a leading player in the global economy, citing the record surplus.
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- S. Korea's Q2 current account surplus ranks 2nd on robust chip exports
- Korea's Q2 current account surplus tops Germany, Japan combined on chip boom
- S. Korea’s Q2 Current Account Surplus Tops Germany, Japan Combined for First Time
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