# South Korea Korea: Machinery and equipment (BOK ECOS)

South Korea Korea: Machinery and equipment (BOK ECOS) was up 2.1% year on year in Q2 2026, compared with 1.3% in Q1 2026.
The level stood at 14,985 ₩ billion.
That is the highest reading since Q4 2024.
Over the past ten years it has ranged from −5.5% (Q2 2018) to 24.9% (Q2 2017), averaging 3.9%.

- Source agency: Bank of Korea
- Makrognosis code: `KR.GDP.Q.NOM.ITEM-110311`
- Frequency: quarterly
- Units: ₩ billion
- Coverage: 2016-01-01 to 2026-04-01 (42 observations)
- Page: https://makrognosis.robomacro.com/data/south-korea/korea-machinery-and-equipment-bok-ecos-nominal-quarterly

## Recent data

| Period | Value | Y/Y % |
|---|---:|---:|
| Q2 2026 | 14,985 ₩ billion | 2.1 |
| Q1 2026 | 14,448 ₩ billion | 1.3 |
| Q4 2025 | 14,432 ₩ billion | 0.03 |
| Q3 2025 | 14,414 ₩ billion | 1.2 |
| Q2 2025 | 14,670 ₩ billion | 1.8 |
| Q1 2025 | 14,264 ₩ billion | 1.3 |
| Q4 2024 | 14,429 ₩ billion | 5.7 |
| Q3 2024 | 14,239 ₩ billion | 7.3 |
| Q2 2024 | 14,404 ₩ billion | 10.3 |
| Q1 2024 | 14,080 ₩ billion | 7.0 |
| Q4 2023 | 13,656 ₩ billion | −2.6 |
| Q3 2023 | 13,268 ₩ billion | −4.1 |
| Q2 2023 | 13,063 ₩ billion | 3.7 |
| Q1 2023 | 13,154 ₩ billion | 0.8 |
| Q4 2022 | 14,021 ₩ billion | 16.0 |
| Q3 2022 | 13,840 ₩ billion | 12.8 |
| Q2 2022 | 12,602 ₩ billion | 2.3 |
| Q1 2022 | 13,050 ₩ billion | 2.9 |
| Q4 2021 | 12,084 ₩ billion | −3.6 |
| Q3 2021 | 12,265 ₩ billion | −0.3 |
| Q2 2021 | 12,322 ₩ billion | 2.2 |
| Q1 2021 | 12,682 ₩ billion | 2.3 |
| Q4 2020 | 12,538 ₩ billion | −1.6 |
| Q3 2020 | 12,306 ₩ billion | 1.8 |

## API

```
curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/KR.GDP.Q.NOM.ITEM-110311"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/KR.GDP.Q.NOM.ITEM-110311",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
```