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Korea's record $61.46B surplus driven by chip boom

South Korea posted an all-time high current account surplus of $61.46 billion in September, driven by strong semiconductor exports, according to provisional Bank of Korea data reported by Yonhap, the Korea Times, and KBS World. President Lee Jae Myung said the record shows South Korea is emerging as a global economic leader, Yonhap reports. Earlier data showed the Q2 surplus exceeded Germany and Japan's combined for the first time, ranking second globally on robust chip exports, per Yonhap and KBS World. Korean media frame the surplus as a 'chip supercycle' milestone, with outlets highlighting the unprecedented scale and the president's celebratory remarks.

  1. Korea posts record high current account surplus of over $60 bil. in Sept. on chip supercycle Korea Times · 2026-11-05
  2. S. Korea Posts Record Current Account Surplus of $61.46 Billion in September KBS World · 2026-11-05
  3. (LEAD) S. Korea posts record high current account surplus of over US$60 bln in Sept. on chip supercycle Yonhap · 2026-11-05
  4. Lee says S. Korea emerging as global economic leader on record current account surplus Yonhap · 2026-10-25
  5. S. Korea’s Q2 Current Account Surplus Tops Germany, Japan Combined for First Time KBS World · 2026-10-25
  6. S. Korea's Q2 current account surplus ranks 2nd on robust chip exports Yonhap · 2026-10-25

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