Makrognosis

South Korea Korea: Research and experimental development (BOK ECOS)

QuarterlyReal (inflation-adjusted)Code KR.INVEST.Q.REAL.ITEM-1010531

Latest (y/y)5.0%Q2 2026
Previous (y/y)4.2%Q1 2026
Level30,567 ₩ billionQ2 2026

South Korea Korea: Research and experimental development (BOK ECOS) was up 5.0% year on year in Q2 2026, compared with 4.2% in Q1 2026.

The level stood at 30,567 ₩ billion.

That is the highest reading since Q4 2024.

Over the past ten years it has ranged from −1.9% (Q3 2023) to 9.8% (Q3 2022), averaging 4.4%.

South Korea Korea: Research and experimental development (BOK ECOS), annual % change, Q1 2017 – Q2 2026−2.5%0.0%2.5%5.0%7.5%10.0%20182020202220242026Robomacro
South Korea Korea: Research and experimental development (BOK ECOS), annual % change, Q1 2017 – Q2 2026. Source: Bank of Korea.
South Korea Korea: Research and experimental development (BOK ECOS), level (₩ billion)17.5k20.0k22.5k25.0k27.5k30.0k201620182020202220242026Robomacro
South Korea Korea: Research and experimental development (BOK ECOS), level (₩ billion).

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

Recent data

PeriodValueY/Y %
Q2 202630,567 ₩ billion5.0
Q1 202630,033 ₩ billion4.2
Q4 202529,436 ₩ billion2.7
Q3 202529,309 ₩ billion4.2
Q2 202529,117 ₩ billion4.1
Q1 202528,833 ₩ billion4.0
Q4 202428,659 ₩ billion7.4
Q3 202428,134 ₩ billion4.9
Q2 202427,969 ₩ billion5.3
Q1 202427,728 ₩ billion5.9
Q4 202326,695 ₩ billion−1.0
Q3 202326,826 ₩ billion−1.9
Q2 202326,560 ₩ billion0.5
Q1 202326,190 ₩ billion−0.4
Q4 202226,977 ₩ billion5.7
Q3 202227,348 ₩ billion9.8
Q2 202226,419 ₩ billion7.1
Q1 202226,306 ₩ billion6.8
Q4 202125,521 ₩ billion4.2
Q3 202124,901 ₩ billion4.1
Q2 202124,670 ₩ billion4.1
Q1 202124,637 ₩ billion6.7
Q4 202024,485 ₩ billion6.7
Q3 202023,917 ₩ billion3.7

Last 24 observations. The full history (42 observations) is available through the API.

Get South Korea Korea: Research and experimental development (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.INVEST.Q.REAL.ITEM-1010531"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/KR.INVEST.Q.REAL.ITEM-1010531",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
Get a free API key → · API docs

About this series

Latest observationQ2 2026
First observationQ1 2016
Observations42
FrequencyQuarterly
Units₩ billion
AdjustmentReal (inflation-adjusted)
10-year high9.8% (Q3 2022)
10-year low−1.9% (Q3 2023)
10-year average4.4%
Source agencyBank of Korea
Makrognosis codeKR.INVEST.Q.REAL.ITEM-1010531

More South Korea INVEST series

South Korea Korea: Buildings (BOK ECOS)South Korea Korea: Buildings (BOK ECOS)South Korea Korea: Changes in inventories and acquisitions less disposals of valuables (BOK ECOS)South Korea Korea: Changes in inventories and acquisitions less disposals of valuables (BOK ECOS)South Korea Korea: Civil engineering (BOK ECOS)South Korea Korea: Civil engineering (BOK ECOS)South Korea Korea: Construction (BOK ECOS)South Korea Korea: Construction (BOK ECOS)South Korea Korea: Facilities (BOK ECOS)South Korea Korea: Facilities (BOK ECOS)South Korea Korea: Gross capital formation (BOK ECOS)South Korea Korea: Gross capital formation (BOK ECOS)South Korea Korea: Gross fixed capital formation (BOK ECOS)South Korea Korea: Gross fixed capital formation (BOK ECOS)South Korea Korea: Intellectual property products (BOK ECOS)South Korea Korea: Intellectual property products (BOK ECOS)South Korea Korea: Machinery and equipment (BOK ECOS)South Korea Korea: Machinery and equipment (BOK ECOS)South Korea Korea: Non-residential buildings (BOK ECOS)South Korea Korea: Non-residential buildings (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: Research and experimental development (BOK ECOS) in South Korea?
The latest reading is 5.0% year on year for Q2 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.INVEST.Q.REAL.ITEM-1010531.

Last updated 2026-10-11. Source: Bank of Korea. Original title: “Korea: Research and experimental development (BOK ECOS)”.