# South Korea Korea: Gross value added at basic prices (BOK ECOS)

South Korea Korea: Gross value added at basic prices (BOK ECOS) was up 27.4% year on year in Q2 2026, compared with 17.1% in Q1 2026.
The level stood at 784,384 ₩ billion.
That is the highest reading since the series began in Q1 2016.
Over the past ten years it has ranged from −1.5% (Q2 2020) to 27.4% (Q2 2026), averaging 5.4%.

- Source agency: Bank of Korea
- Makrognosis code: `KR.GDP.Q.NOM.ITEM-1200`
- Frequency: quarterly
- Units: ₩ billion
- Coverage: 2016-01-01 to 2026-04-01 (42 observations)
- Page: https://makrognosis.robomacro.com/data/south-korea/korea-gross-value-added-at-basic-prices-bok-ecos-nominal-quarterly

## Recent data

| Period | Value | Y/Y % |
|---|---:|---:|
| Q2 2026 | 784,384 ₩ billion | 27.4 |
| Q1 2026 | 711,147 ₩ billion | 17.1 |
| Q4 2025 | 644,932 ₩ billion | 6.7 |
| Q3 2025 | 623,900 ₩ billion | 5.1 |
| Q2 2025 | 615,808 ₩ billion | 3.8 |
| Q1 2025 | 607,105 ₩ billion | 3.0 |
| Q4 2024 | 604,676 ₩ billion | 5.2 |
| Q3 2024 | 593,857 ₩ billion | 5.4 |
| Q2 2024 | 593,425 ₩ billion | 7.5 |
| Q1 2024 | 589,346 ₩ billion | 8.1 |
| Q4 2023 | 574,517 ₩ billion | 7.0 |
| Q3 2023 | 563,382 ₩ billion | 5.0 |
| Q2 2023 | 552,164 ₩ billion | 2.8 |
| Q1 2023 | 545,432 ₩ billion | 2.4 |
| Q4 2022 | 536,741 ₩ billion | 2.3 |
| Q3 2022 | 536,552 ₩ billion | 3.9 |
| Q2 2022 | 536,961 ₩ billion | 6.6 |
| Q1 2022 | 532,735 ₩ billion | 7.8 |
| Q4 2021 | 524,733 ₩ billion | 8.4 |
| Q3 2021 | 516,607 ₩ billion | 8.3 |
| Q2 2021 | 503,950 ₩ billion | 8.9 |
| Q1 2021 | 494,414 ₩ billion | 5.9 |
| Q4 2020 | 483,957 ₩ billion | 1.7 |
| Q3 2020 | 477,060 ₩ billion | 1.3 |

## API

```
curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/KR.GDP.Q.NOM.ITEM-1200"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/KR.GDP.Q.NOM.ITEM-1200",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
```