South Korea's current account surplus to gross domestic product came in fifth among OECD nations.
According to the OECD report on Monday, the nation's current account surplus to GDP stood at 8 percent in the third quarter of last year.
Switzerland came in first with 14.4 percent, followed by Slovenia(9.0%), Germany(8.7%) and Netherland(8.2%). Japan's figure was 2.9 percent.
The U.S. has continued to see current account deficit compared to GDP. Its figure in the third quarter stood at negative 2.7 percent, lower than the second quarter's negative 2.5 percent.
The Bank of Korea predicted through its economic report last month that the last year's current account surplus to GDP would stand at 7 percent.
Considering the volume of last year's GDP which was $1.4 trillion, the central bank estimated the current account surplus to be around 7.32 percent.
Industry watchers said this figure is still relatively higher than the average of other OECD nations.
The high volume of current account surplus means a nation possess abundant dollars so that it has strong shield against foreign capital outflow.
However, if the figure is too high, it can be pressured to appreciate its currency from other countries.
"Korea's high proportion of current account surplus to GDP can be used as a tool to question the manipulation of currency," an industry expert said.
