Makrognosis

South Korea Korea: Local Government (BOK ECOS)

MonthlyNot seasonally adjustedCode KR.CONSTR.M.NSA.ITEM-I42AAAB

Latest (y/y)12.6%September 2026
Previous (y/y)25.4%August 2026
Level873,545 Mil.WonSeptember 2026

South Korea Korea: Local Government (BOK ECOS) was up 12.6% year on year in September 2026, compared with 25.4% in August 2026.

The level stood at 873,545 Mil.Won.

Over the past ten years it has ranged from −56.7% (Jan 2023) to 168.0% (Feb 2021), averaging 14.0%.

South Korea Korea: Local Government (BOK ECOS), annual % change, Jan 2017 – Sep 2026−100%−50%0%50%100%150%20182020202220242026Robomacro
South Korea Korea: Local Government (BOK ECOS), annual % change, Jan 2017 – Sep 2026. Source: Bank of Korea.
South Korea Korea: Local Government (BOK ECOS), level (Mil.Won)0M1M2M3M201620182020202220242026Robomacro
South Korea Korea: Local Government (BOK ECOS), level (Mil.Won).

Showing the full history (downsampled for display). Open the interactive chart to zoom and switch transforms.

Recent data

PeriodValueY/Y %
September 2026873,545 Mil.Won12.6
August 2026860,431 Mil.Won25.4
July 2026860,026 Mil.Won73.5
June 20261,333,423 Mil.Won38.2
May 2026415,012 Mil.Won−6.1
April 2026554,752 Mil.Won−3.6
March 2026659,635 Mil.Won7.9
February 2026507,116 Mil.Won6.5
January 2026444,828 Mil.Won−5.5
December 20252,193,195 Mil.Won−19.0
November 20251,072,529 Mil.Won16.0
October 20251,627,974 Mil.Won47.8
September 2025775,605 Mil.Won16.8
August 2025686,070 Mil.Won23.3
July 2025495,813 Mil.Won−33.8
June 2025965,072 Mil.Won−22.0
May 2025441,847 Mil.Won−43.6
April 2025575,228 Mil.Won10.7
March 2025611,437 Mil.Won−3.7
February 2025476,289 Mil.Won19.5
January 2025470,528 Mil.Won−38.8
December 20242,707,606 Mil.Won−18.4
November 2024924,414 Mil.Won3.0
October 20241,101,474 Mil.Won88.8

Last 24 observations. The full history (129 observations) is available through the API.

Get South Korea Korea: Local Government (BOK ECOS) in your code or spreadsheet

One guessable code, agency-direct, updated on release. Free tier available.

curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/KR.CONSTR.M.NSA.ITEM-I42AAAB"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/KR.CONSTR.M.NSA.ITEM-I42AAAB",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
Get a free API key → · API docs

About this series

Latest observationSeptember 2026
First observationJanuary 2016
Observations129
FrequencyMonthly
UnitsMil.Won
AdjustmentNot seasonally adjusted
10-year high168.0% (Feb 2021)
10-year low−56.7% (Jan 2023)
10-year average14.0%
Source agencyBank of Korea
Makrognosis codeKR.CONSTR.M.NSA.ITEM-I42AAAB

More South Korea CONSTR series

South Korea Korea: Building (BOK ECOS)South Korea Korea: Central Government (BOK ECOS)South Korea Korea: Civil Engineering (BOK ECOS)South Korea Korea: Dwellings (BOK ECOS)South Korea Korea: Factory and Storage (BOK ECOS)South Korea Korea: Foreign / Current Price (BOK ECOS)South Korea Korea: Foreign Organization in Korea (BOK ECOS)South Korea Korea: Manufacturing (BOK ECOS)South Korea Korea: Non-Manufacturing (BOK ECOS)South Korea Korea: Offices and Stores (BOK ECOS)South Korea Korea: Other Public Body (BOK ECOS)South Korea Korea: Others (BOK ECOS)South Korea Korea: Private (BOK ECOS)South Korea Korea: Private / Current Price (BOK ECOS)South Korea Korea: Private / Current Price(Seasonally Adjusted) (BOK ECOS)South Korea Korea: Private Capital Inducement Project (BOK ECOS)South Korea Korea: Public (BOK ECOS)South Korea Korea: Public / Current Price (BOK ECOS)South Korea Korea: Public / Current Price(Seasonally Adjusted) (BOK ECOS)South Korea Korea: Public Corporation (BOK ECOS)

Other South Korea indicators

South Korea GDP (Gross Domestic Product)South Korea Korea: GDP at market prices, SA, current prices (BOK ECOS)South Korea Inflation Rate (CPI)South Korea Core Inflation RateSouth Korea Unemployment RateSouth Korea 10-Year Government Bond YieldSouth Korea Credit Rating & Sovereign Risk ScoreSouth Korea Industrial ProductionSouth Korea Korea industrial production index, original (not seasonally adjusted), 2020=100 (KOSTAT via BOK ECOS)South Korea Producer Price Inflation (PPI)South Korea Korea: Current Account, monthly, NSA (BOK ECOS, USD mn)South Korea Korea: Current Account, monthly, SA (BOK ECOS, USD mn)South Korea Korea: Exports of Goods (Korea Customs Service final, BOK ECOS 901Y092 E100; thousand USD x 0.001 = USD mn)South Korea Korea: Imports of Goods (Korea Customs Service final, BOK ECOS 901Y092 I100; thousand USD x 0.001 = USD mn)South Korea Korea consumer sentiment index (KOSTAT via BOK ECOS 511Y002 FME 99988)South Korea M2 Money Stock

FAQ

What is the current korea: Local Government (BOK ECOS) in South Korea?
The latest reading is 12.6% year on year for September 2026, published by Bank of Korea.
Where does this data come from?
It is collected directly from Bank of Korea and is available through the Makrognosis API under the code KR.CONSTR.M.NSA.ITEM-I42AAAB.

Last updated 2026-10-31. Source: Bank of Korea. Original title: “Korea: Local Government (BOK ECOS)”.