# South Korea Korea: Government (BOK ECOS)

South Korea Korea: Government (BOK ECOS) was up 5.2% year on year in Q2 2026, compared with 5.7% in Q1 2026.
The level stood at 122,390 ₩ billion.
Over the past ten years it has ranged from 1.9% (Q4 2023) to 10.9% (Q4 2021), averaging 6.5%.

- Source agency: Bank of Korea
- Makrognosis code: `KR.GDP.Q.NOM.ITEM-1010120`
- Frequency: quarterly
- Units: ₩ billion
- Coverage: 2016-01-01 to 2026-04-01 (42 observations)
- Page: https://makrognosis.robomacro.com/data/south-korea/korea-government-bok-ecos-nominal-quarterly

## Recent data

| Period | Value | Y/Y % |
|---|---:|---:|
| Q2 2026 | 122,390 ₩ billion | 5.2 |
| Q1 2026 | 121,097 ₩ billion | 5.7 |
| Q4 2025 | 120,120 ₩ billion | 5.9 |
| Q3 2025 | 118,102 ₩ billion | 4.8 |
| Q2 2025 | 116,358 ₩ billion | 4.4 |
| Q1 2025 | 114,604 ₩ billion | 4.2 |
| Q4 2024 | 113,413 ₩ billion | 5.1 |
| Q3 2024 | 112,676 ₩ billion | 5.5 |
| Q2 2024 | 111,463 ₩ billion | 5.1 |
| Q1 2024 | 109,958 ₩ billion | 2.4 |
| Q4 2023 | 107,896 ₩ billion | 1.9 |
| Q3 2023 | 106,849 ₩ billion | 4.5 |
| Q2 2023 | 106,074 ₩ billion | 4.2 |
| Q1 2023 | 107,330 ₩ billion | 7.4 |
| Q4 2022 | 105,858 ₩ billion | 8.2 |
| Q3 2022 | 102,210 ₩ billion | 6.5 |
| Q2 2022 | 101,830 ₩ billion | 8.3 |
| Q1 2022 | 99,969 ₩ billion | 10.5 |
| Q4 2021 | 97,854 ₩ billion | 10.9 |
| Q3 2021 | 95,942 ₩ billion | 9.4 |
| Q2 2021 | 94,018 ₩ billion | 8.0 |
| Q1 2021 | 90,454 ₩ billion | 4.6 |
| Q4 2020 | 88,271 ₩ billion | 4.0 |
| Q3 2020 | 87,729 ₩ billion | 6.3 |

## API

```
curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/KR.GDP.Q.NOM.ITEM-1010120"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/KR.GDP.Q.NOM.ITEM-1010120",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
```