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

South Korea Korea: Gross value added at basic prices (BOK ECOS) was up 3.5% year on year in Q3 2026, compared with 3.9% in Q2 2026.
The level stood at 564,093 ₩ billion.
Over the past ten years it has ranged from −3.1% (Q2 2020) to 6.8% (Q2 2021), averaging 2.5%.

- Source agency: Bank of Korea
- Makrognosis code: `KR.GDP.Q.REAL.ITEM-1200`
- Frequency: quarterly
- Units: ₩ billion
- Coverage: 2016-01-01 to 2026-07-01 (43 observations)
- Page: https://makrognosis.robomacro.com/data/south-korea/korea-gross-value-added-at-basic-prices-bok-ecos

## Recent data

| Period | Value | Y/Y % |
|---|---:|---:|
| Q3 2026 | 564,093 ₩ billion | 3.5 |
| Q2 2026 | 558,351 ₩ billion | 3.9 |
| Q1 2026 | 553,743 ₩ billion | 3.8 |
| Q4 2025 | 543,908 ₩ billion | 1.8 |
| Q3 2025 | 544,822 ₩ billion | 2.2 |
| Q2 2025 | 537,333 ₩ billion | 0.9 |
| Q1 2025 | 533,342 ₩ billion | 0.2 |
| Q4 2024 | 534,290 ₩ billion | 1.2 |
| Q3 2024 | 533,293 ₩ billion | 1.7 |
| Q2 2024 | 532,484 ₩ billion | 2.7 |
| Q1 2024 | 532,516 ₩ billion | 3.5 |
| Q4 2023 | 527,792 ₩ billion | 2.9 |
| Q3 2023 | 524,315 ₩ billion | 2.0 |
| Q2 2023 | 518,508 ₩ billion | 1.2 |
| Q1 2023 | 514,481 ₩ billion | 1.5 |
| Q4 2022 | 512,808 ₩ billion | 1.9 |
| Q3 2022 | 513,911 ₩ billion | 3.9 |
| Q2 2022 | 512,420 ₩ billion | 3.9 |
| Q1 2022 | 506,676 ₩ billion | 3.8 |
| Q4 2021 | 503,031 ₩ billion | 4.7 |
| Q3 2021 | 494,611 ₩ billion | 4.6 |
| Q2 2021 | 493,183 ₩ billion | 6.8 |
| Q1 2021 | 488,087 ₩ billion | 2.6 |
| Q4 2020 | 480,406 ₩ billion | −0.6 |

## API

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

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