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

South Korea Korea: Gross fixed capital formation (government) (BOK ECOS) was down 3.2% year on year in Q3 2026, compared with −10.8% in Q2 2026.
The level stood at 24,663 ₩ billion.
Over the past ten years it has ranged from −13.3% (Q1 2022) to 31.6% (Q1 2020), averaging 1.5%.

- Source agency: Bank of Korea
- Makrognosis code: `KR.GDP.Q.REAL.ITEM-1020115`
- Frequency: quarterly
- Units: ₩ billion
- Coverage: 2016-01-01 to 2026-07-01 (43 observations)
- Page: https://makrognosis.robomacro.com/data/south-korea/korea-gross-fixed-capital-formation-government-bok-ecos

## Recent data

| Period | Value | Y/Y % |
|---|---:|---:|
| Q3 2026 | 24,663 ₩ billion | −3.2 |
| Q2 2026 | 21,751 ₩ billion | −10.8 |
| Q1 2026 | 24,487 ₩ billion | −0.5 |
| Q4 2025 | 24,342 ₩ billion | −1.7 |
| Q3 2025 | 25,487 ₩ billion | 0.1 |
| Q2 2025 | 24,395 ₩ billion | 0.4 |
| Q1 2025 | 24,608 ₩ billion | 0.3 |
| Q4 2024 | 24,754 ₩ billion | −1.9 |
| Q3 2024 | 25,458 ₩ billion | 2.3 |
| Q2 2024 | 24,289 ₩ billion | 2.4 |
| Q1 2024 | 24,543 ₩ billion | 9.1 |
| Q4 2023 | 25,223 ₩ billion | 4.8 |
| Q3 2023 | 24,896 ₩ billion | 10.7 |
| Q2 2023 | 23,716 ₩ billion | 8.4 |
| Q1 2023 | 22,496 ₩ billion | 0.8 |
| Q4 2022 | 24,068 ₩ billion | −0.9 |
| Q3 2022 | 22,498 ₩ billion | −5.4 |
| Q2 2022 | 21,875 ₩ billion | −10.7 |
| Q1 2022 | 22,311 ₩ billion | −13.3 |
| Q4 2021 | 24,294 ₩ billion | −0.03 |
| Q3 2021 | 23,788 ₩ billion | −5.1 |
| Q2 2021 | 24,506 ₩ billion | −6.4 |
| Q1 2021 | 25,726 ₩ billion | −6.1 |
| Q4 2020 | 24,302 ₩ billion | −9.0 |

## API

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

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