(MENAFN) South Korea's international investment to boost in the next one or two years as Asia's fourth-largest economy continues its current account surplus streak, according o central bank report, QNA reported.
The Korean economy, with a net external debt of USD4.3 billion as of end-March, is likely to see its net international investment position (NIIP) shift to the black as its debt size is trending lower following the global financial crisis.
NIIP measures the gap between a country's external financial assets and liabilities, or the difference between the value of a country's overseas assets and the value of domestic assets owned by foreigners.
South Korea's NIIP has remained in negative territory since relevant data began to be tallied in 1994 as the growth in foreigners' assets offset the country's current surplus trend due to a strengthening won and the bullish stock market.
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