Current Account
South Korea logs largest annual current account surplus in 2025
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South Korea posted its largest-ever annual current account surplus in 2025, fueled by robust exports amid strong semiconductor demand. According to Bank of Korea data, the surplus reached $123.05 billion, up from $99.97 billion the previous year. This marks a new record, surpassing the prior high of $105.1 billion set in 2015.
South Korea posted a record $12.24 billion current account surplus in November 2025—the largest for any November on record—supported by robust exports during a semiconductor upcycle, the Bank of Korea said Friday. This marked a sharp rise from October's $6.81 billion and continued monthly surpluses since May 2023. Building on the record $709.7 billion annual exports reported late last year, the January data underscores the year's exceptional external accounts performance.
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Colombia recorded a current account deficit of $2.853 million in the third quarter of 2025, equivalent to 2.4% of GDP. This figure exceeded the previous quarter but fell short of market expectations. The rise was mainly due to a deterioration in the goods trade balance, though remittances helped mitigate it.