Seoul: South Korea posted its largest-ever current account surplus for any November, supported by strong exports, central bank data showed Friday. The country's current account surplus totaled US$12.24 billion in November, up sharply from $6.81 billion a month earlier, according to the data from the Bank of Korea (BOK).
According to Yonhap News Agency, South Korea has recorded a current account surplus every month since May 2023, marking the second-longest surplus streak on record. During the first 11 months of last year, the cumulative surplus totaled $101.82 billion, compared with $86.68 billion during the same period in 2024, marking the largest amount ever recorded for the cited period, the BOK said.