South Korea Q2 current account surplus tops Germany and Japan combined
Briefing by News4U · First published
Sina Finance reports South Korea’s Q2 current account surplus reached $116.63 billion, exceeding Germany and Japan’s combined total.
Sina Finance reports South Korea’s Q2 current account surplus reached $116.63 billion, exceeding Germany’s $52.276 billion and Japan’s $50.615 billion combined. [1]
The surplus was driven by semiconductor exports lifting the trade balance to a record high and by rising dividend and interest income from overseas investments. [1]
The IMF forecasts South Korea will finish the year with the world’s second-largest current account surplus. [1]
Sources
- 韩国二季度经常账户盈余超德日之和，半导体出口拉动顺差大增
Sina Finance · · Full text