The Bank of Korea released data on Wednesday, showing that foreigners' bank card spending in South Korea rose sharply in the second quarter of this year, setting a historical record, driven by the increase in inbound visitors. According to data from the Bank of Korea, non-residents spent 4.86 billion US dollars on credit cards and debit cards in South Korea from April to June, an increase of 36.1% over the previous quarter. This is the highest value in a single quarter since the Bank of Korea compiled this data in 2012, surpassing the record of 3.79 billion US dollars set in the second quarter of 2025.

Zhitongcaijing · 2d ago
The Bank of Korea released data on Wednesday, showing that foreigners' bank card spending in South Korea rose sharply in the second quarter of this year, setting a historical record, driven by the increase in inbound visitors. According to data from the Bank of Korea, non-residents spent 4.86 billion US dollars on credit cards and debit cards in South Korea from April to June, an increase of 36.1% over the previous quarter. This is the highest value in a single quarter since the Bank of Korea compiled this data in 2012, surpassing the record of 3.79 billion US dollars set in the second quarter of 2025.