# South Korea Korea: Local Government (BOK ECOS)

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%.

- Source agency: Bank of Korea
- Makrognosis code: `KR.CONSTR.M.NSA.ITEM-I42AAAB`
- Frequency: monthly
- Units: Mil.Won
- Coverage: 2016-01-01 to 2026-09-01 (129 observations)
- Page: https://makrognosis.robomacro.com/data/south-korea/korea-local-government-bok-ecos

## Recent data

| Period | Value | Y/Y % |
|---|---:|---:|
| September 2026 | 873,545 Mil.Won | 12.6 |
| August 2026 | 860,431 Mil.Won | 25.4 |
| July 2026 | 860,026 Mil.Won | 73.5 |
| June 2026 | 1,333,423 Mil.Won | 38.2 |
| May 2026 | 415,012 Mil.Won | −6.1 |
| April 2026 | 554,752 Mil.Won | −3.6 |
| March 2026 | 659,635 Mil.Won | 7.9 |
| February 2026 | 507,116 Mil.Won | 6.5 |
| January 2026 | 444,828 Mil.Won | −5.5 |
| December 2025 | 2,193,195 Mil.Won | −19.0 |
| November 2025 | 1,072,529 Mil.Won | 16.0 |
| October 2025 | 1,627,974 Mil.Won | 47.8 |
| September 2025 | 775,605 Mil.Won | 16.8 |
| August 2025 | 686,070 Mil.Won | 23.3 |
| July 2025 | 495,813 Mil.Won | −33.8 |
| June 2025 | 965,072 Mil.Won | −22.0 |
| May 2025 | 441,847 Mil.Won | −43.6 |
| April 2025 | 575,228 Mil.Won | 10.7 |
| March 2025 | 611,437 Mil.Won | −3.7 |
| February 2025 | 476,289 Mil.Won | 19.5 |
| January 2025 | 470,528 Mil.Won | −38.8 |
| December 2024 | 2,707,606 Mil.Won | −18.4 |
| November 2024 | 924,414 Mil.Won | 3.0 |
| October 2024 | 1,101,474 Mil.Won | 88.8 |

## API

```
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"]
```