South Korea achieved a historic milestone in February, recording its largest-ever monthly current account surplus. This remarkable economic performance was primarily fueled by a robust semiconductor upcycle and surging export demand, as confirmed by central bank data released on Wednesday.
According to the latest figures from the Bank of Korea, the total current account surplus for February reached an impressive $23.19 billion. This marks a significant increase from the $13.26 billion reported in January, highlighting accelerated growth in South Korea’s trade balance.
This outstanding February surplus not only sets a new monthly record but also comfortably surpasses the previous peak of $18.7 billion, which was established in December 2025. This continuous positive trend underscores the strength of the nation’s export-driven economy.
Demonstrating sustained economic resilience, South Korea has now maintained a positive current account balance for 34 consecutive months since May 2023. This impressive winning streak ranks as the second longest in the country’s history, reflecting its consistent global trade competitiveness and robust economic fundamentals.
