Overseas direct investment rose 26-point-eight percent on-year in the second quarter amid the fallout of the COVID-19 pandemic. 

According to the Ministry of Economy and Finance on Friday, the value of overseas investments made by South Korean companies came to 16-point-five billion U.S. dollars in the April to June period.

A ministry official said that the rise is attributed to the base effect, noting a sharp fall in the second quarter of last year due to the pandemic. 

By sector, the country's overseas investment in the manufacturing sector rose 59 percent on-year, while that in the science and technology sector soared 622-point-four percent.

Finance and insurance took up the largest portion of the country's overseas investment at 34-point-four percent, while manufacturing accounted for 21 percent, followed by science and technology and the wholesale and retail industries. 

By country, direct investment in the United States and China jumped 173 percent and 202-point-nine percent, respectively.