# South Korea Korea: Government (BOK ECOS)

South Korea Korea: Government (BOK ECOS) was up 2.6% year on year in Q3 2026, compared with 2.1% in Q2 2026.
The level stood at 106,276 ₩ billion.
Over the past ten years it has ranged from −0.1% (Q1 2024) to 8.1% (Q4 2021), averaging 4.0%.

- Source agency: Bank of Korea
- Makrognosis code: `KR.GDP.Q.REAL.ITEM-1010120`
- Frequency: quarterly
- Units: ₩ billion
- Coverage: 2016-01-01 to 2026-07-01 (43 observations)
- Page: https://makrognosis.robomacro.com/data/south-korea/korea-government-bok-ecos

## Recent data

| Period | Value | Y/Y % |
|---|---:|---:|
| Q3 2026 | 106,276 ₩ billion | 2.6 |
| Q2 2026 | 104,267 ₩ billion | 2.1 |
| Q1 2026 | 104,134 ₩ billion | 3.1 |
| Q4 2025 | 104,603 ₩ billion | 3.6 |
| Q3 2025 | 103,587 ₩ billion | 2.9 |
| Q2 2025 | 102,143 ₩ billion | 2.5 |
| Q1 2025 | 100,968 ₩ billion | 2.0 |
| Q4 2024 | 100,955 ₩ billion | 3.1 |
| Q3 2024 | 100,702 ₩ billion | 3.2 |
| Q2 2024 | 99,687 ₩ billion | 2.7 |
| Q1 2024 | 98,951 ₩ billion | −0.1 |
| Q4 2023 | 97,896 ₩ billion | −0.1 |
| Q3 2023 | 97,587 ₩ billion | 1.8 |
| Q2 2023 | 97,097 ₩ billion | 1.6 |
| Q1 2023 | 99,097 ₩ billion | 4.5 |
| Q4 2022 | 98,037 ₩ billion | 3.7 |
| Q3 2022 | 95,827 ₩ billion | 2.4 |
| Q2 2022 | 95,562 ₩ billion | 3.9 |
| Q1 2022 | 94,809 ₩ billion | 6.4 |
| Q4 2021 | 94,582 ₩ billion | 8.1 |
| Q3 2021 | 93,563 ₩ billion | 6.4 |
| Q2 2021 | 92,010 ₩ billion | 5.3 |
| Q1 2021 | 89,138 ₩ billion | 2.7 |
| Q4 2020 | 87,466 ₩ billion | 2.6 |

## API

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

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