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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
South KoreaSouth Korea Current Account climbed to 38.61B in May 2026
FMPMonthlyReleased July 2026
South Korea Current Account climbed to 38.61B in May 2026, released July 2026, up 10.32B from April's 28.29B reading. The print exceeded the 33B consensus by 5.61B. The print is running well above the 12-month average of 16.1B. Over the past 3 months, Current Account averaged 32.81B, vs 18.38B in the prior 3-month window. Current Account is now the highest in 37 months.
Latest Release
38.61
Actual
33
Consensus
28.29
Previous
Median Absolute Error
±4.79 billion
across last 12 releases
Last Call
Jul 2026
Predicted: 30.15
Actual: 38.61
Error: -8.46
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| Nikkei 225 | ▼ Inverse | −0.50 | INDEX | Moves against | → View |
| USD/KRW | ▼ Inverse | −0.49 | FOREX | Moves against | → View |
| KOSPI | ▼ Inverse | −0.30 | INDEX | Moves against | → View |
| BTC/USD | ▼ Inverse | −0.29 | CRYPTO | Moves against | → View |
| XAU/USD | ▼ Inverse | −0.27 | COMMODITIES | Moves against | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Current Account (South Korea) was reported at 38.61 billion in July 2026. This beat the market consensus of 33.00 billion by 5.61 billion. The reading rose from the previous value of 28.29 billion. Trailing 12-month context per ETL data through July 2026. Over the past 12 months, the indicator has averaged 16.56 billion, ranging from 6.81 billion to 38.61 billion across 10 releases.
WHY IT MATTERS
The indicator has been trending upward over the last three releases. The trailing three releases averaged 26.72 billion, up from the prior three at 12.58 billion. Volatility over the past year (σ 9.25 billion) is higher than the prior year (σ 2.74 billion).
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with Nikkei 225 (Bearish Nikkei 225). A secondary relationship exists with USD/KRW, negatively correlated (Bearish USD). Over the last 12 releases, the Sigmacast model's median absolute error is 4.79 billion.
WHAT TO WATCH NEXT
The next release is scheduled for August 5, 2026. Same-country events in the next 14 days include S&P Global Manufacturing PMI (Aug 3) and Inflation Rate YoY (Aug 3).
Auto-generated from current model state · Refreshes on each release · Last update July 2026.
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Current Account - KR
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About Current Account — South Korea
DEFINITION
The Current Account is a financial indicator that measures a country's trade balance, including the value of goods and services exported and imported, as well as income received and payments made to other countries. It provides insight into a nation's economic health and its ability to pay for imports and service its debt. A positive current account balance indicates a surplus, while a negative balance indicates a deficit. This indicator is closely monitored by investors, policymakers, and economists as it can impact a country's currency value and overall economic stability.
WHY THIS INDICATOR MATTERS
Trade-balance and tariff data inform exchange-rate fundamentals and feed directly into GDP via the net-exports channel. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (May 2026): actual 38.61 B, consensus 33 B. Prior reading (Apr 2026): 28.29 B. Before that (Mar 2026): 37.33 B.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a higher reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with Nikkei 225 (Bearish Nikkei 225, r=-0.50) — a useful reference for index-focused traders.
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Economic Calendar - KR Events
| Saturday, August 1, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 00:00 | KR | Exports YoY | 62.8 | 70.7 | 59 | 60.90 | Medium |
| 00:00 | KR | Imports YoY | 26.5 | 30 | 26.6 | 26.55 | Low |
| 00:00 | KR | Balance of Trade | 30.32 | 36.09 | 29.59 | 29.95 | Low |
| Monday, August 3, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 00:30 | KR | S&P Global Manufacturing PMI | 52.1 | 52.5 | 52.80 | Medium | |
| 23:00 | KR | Inflation Rate MoM | 0.1 | 0.3 | 0.30 | Low | |
| 23:00 | KR | Inflation Rate YoY | 3.2 | 3.3 | 3.30 | Medium | |