The figure represents a 10.2 percent ($8.27 billion) rise from the previous record of $81.15 billion set a year earlier.
The goods account surplus totaled $92.89 billion in 2014, up from $82.78 billion in 2013, according to preliminary data compiled by the Bank of Korea (BOK).
Exports inched up 0.5 percent to $62.15 billion on-year in 2014, while imports decreased 3.4 percent to $53.53 billion over the cited period amid sluggish domestic consumption.
The services account deficit widened to $8.16 billion last year from $6.50 billion a year earlier.
The logistics and construction account surpluses fell from $7.35 billion to $3.75 billion and from $15.52 billion to $13.84 billion on-year in 2014, respectively.
The travel account posted a deficit of $5.32 billion, down from $7.02 billion a year earlier.
In December alone, the country's current account surplus totaled $7.22 billion, down from a revised monthly record high of $11.32 billion tallied in the previous month.