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

South Korea Korea: Machinery and equipment (BOK ECOS) was up 3.7% year on year in Q2 2026, compared with −1.2% in Q1 2026.
The level stood at 14,092 ₩ billion.
That is the highest reading since Q4 2022.
Over the past ten years it has ranged from −10.5% (Q3 2023) to 27.2% (Q2 2017), averaging 3.0%.

- Source agency: Bank of Korea
- Makrognosis code: `KR.GDP.Q.REAL.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

## Recent data

| Period | Value | Y/Y % |
|---|---:|---:|
| Q2 2026 | 14,092 ₩ billion | 3.7 |
| Q1 2026 | 13,122 ₩ billion | −1.2 |
| Q4 2025 | 13,062 ₩ billion | −3.8 |
| Q3 2025 | 13,366 ₩ billion | −2.8 |
| Q2 2025 | 13,584 ₩ billion | −1.6 |
| Q1 2025 | 13,275 ₩ billion | −4.3 |
| Q4 2024 | 13,574 ₩ billion | −1.0 |
| Q3 2024 | 13,754 ₩ billion | 1.9 |
| Q2 2024 | 13,806 ₩ billion | 2.9 |
| Q1 2024 | 13,871 ₩ billion | −1.0 |
| Q4 2023 | 13,710 ₩ billion | −8.3 |
| Q3 2023 | 13,491 ₩ billion | −10.5 |
| Q2 2023 | 13,418 ₩ billion | −7.9 |
| Q1 2023 | 14,015 ₩ billion | −4.1 |
| Q4 2022 | 14,952 ₩ billion | 7.0 |
| Q3 2022 | 15,074 ₩ billion | 8.3 |
| Q2 2022 | 14,564 ₩ billion | 4.5 |
| Q1 2022 | 14,614 ₩ billion | 9.1 |
| Q4 2021 | 13,980 ₩ billion | 9.8 |
| Q3 2021 | 13,921 ₩ billion | 14.7 |
| Q2 2021 | 13,943 ₩ billion | 18.5 |
| Q1 2021 | 13,396 ₩ billion | 5.7 |
| Q4 2020 | 12,731 ₩ billion | 0.4 |
| Q3 2020 | 12,133 ₩ billion | 0.9 |

## API

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

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