# South Korea Korea: Gross fixed capital formation (government) (BOK ECOS)

South Korea Korea: Gross fixed capital formation (government) (BOK ECOS) was down 5.3% year on year in Q2 2026, compared with 1.8% in Q1 2026.
The level stood at 28,383 ₩ billion.
That is the lowest reading since Q4 2020.
Over the past ten years it has ranged from −9.0% (Q4 2020) to 33.4% (Q1 2020), averaging 5.0%.

- Source agency: Bank of Korea
- Makrognosis code: `KR.GDP.Q.NOM.ITEM-1020115`
- Frequency: quarterly
- Units: ₩ billion
- Coverage: 2016-01-01 to 2026-04-01 (42 observations)
- Page: https://makrognosis.robomacro.com/data/south-korea/korea-gross-fixed-capital-formation-government-bok-ecos-nominal

## Recent data

| Period | Value | Y/Y % |
|---|---:|---:|
| Q2 2026 | 28,383 ₩ billion | −5.3 |
| Q1 2026 | 30,621 ₩ billion | 1.8 |
| Q4 2025 | 30,003 ₩ billion | −0.07 |
| Q3 2025 | 30,392 ₩ billion | 0.5 |
| Q2 2025 | 29,979 ₩ billion | 1.2 |
| Q1 2025 | 30,084 ₩ billion | 1.2 |
| Q4 2024 | 30,024 ₩ billion | −0.5 |
| Q3 2024 | 30,251 ₩ billion | 2.2 |
| Q2 2024 | 29,628 ₩ billion | 4.6 |
| Q1 2024 | 29,728 ₩ billion | 11.5 |
| Q4 2023 | 30,166 ₩ billion | 6.8 |
| Q3 2023 | 29,605 ₩ billion | 11.8 |
| Q2 2023 | 28,320 ₩ billion | 11.4 |
| Q1 2023 | 26,650 ₩ billion | 6.0 |
| Q4 2022 | 28,243 ₩ billion | 5.2 |
| Q3 2022 | 26,472 ₩ billion | 1.7 |
| Q2 2022 | 25,415 ₩ billion | −1.3 |
| Q1 2022 | 25,148 ₩ billion | −3.9 |
| Q4 2021 | 26,838 ₩ billion | 10.5 |
| Q3 2021 | 26,034 ₩ billion | 3.2 |
| Q2 2021 | 25,758 ₩ billion | −0.9 |
| Q1 2021 | 26,181 ₩ billion | −4.7 |
| Q4 2020 | 24,284 ₩ billion | −9.0 |
| Q3 2020 | 25,225 ₩ billion | −3.9 |

## API

```
curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/KR.GDP.Q.NOM.ITEM-1020115"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/KR.GDP.Q.NOM.ITEM-1020115",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
```