South Korea Korea: Residential building construction (BOK ECOS)
QuarterlyNominalCode KR.GDP.Q.NOM.ITEM-11051
Latest (y/y)−8.3%Q2 2026
Previous (y/y)−4.9%Q1 2026
Level6,978.5 ₩ billionQ2 2026
South Korea Korea: Residential building construction (BOK ECOS) was down 8.3% year on year in Q2 2026, compared with −4.9% in Q1 2026.
The level stood at 6,978.5 ₩ billion.
Over the past ten years it has ranged from −19.3% (Q1 2025) to 27.6% (Q1 2017), averaging −0.3%.
Showing the full history (downsampled for display). Open the interactive chart to zoom and switch transforms.
Recent data
| Period | Value | Y/Y % |
|---|---|---|
| Q2 2026 | 6,978.5 ₩ billion | −8.3 |
| Q1 2026 | 7,273.1 ₩ billion | −4.9 |
| Q4 2025 | 7,311.8 ₩ billion | −11.0 |
| Q3 2025 | 7,514.9 ₩ billion | −8.7 |
| Q2 2025 | 7,607.6 ₩ billion | −15.3 |
| Q1 2025 | 7,644.1 ₩ billion | −19.3 |
| Q4 2024 | 8,212.8 ₩ billion | −13.0 |
| Q3 2024 | 8,227.6 ₩ billion | −17.7 |
| Q2 2024 | 8,980.3 ₩ billion | −10.6 |
| Q1 2024 | 9,474.1 ₩ billion | −7.4 |
| Q4 2023 | 9,442.7 ₩ billion | −6.9 |
| Q3 2023 | 9,998.9 ₩ billion | −1.3 |
| Q2 2023 | 10,041 ₩ billion | 2.2 |
| Q1 2023 | 10,227 ₩ billion | 8.6 |
| Q4 2022 | 10,147 ₩ billion | 3.9 |
| Q3 2022 | 10,131 ₩ billion | 9.2 |
| Q2 2022 | 9,826.2 ₩ billion | 11.7 |
| Q1 2022 | 9,420.0 ₩ billion | 8.4 |
| Q4 2021 | 9,766.7 ₩ billion | 9.4 |
| Q3 2021 | 9,277.8 ₩ billion | 0.6 |
| Q2 2021 | 8,795.4 ₩ billion | −2.0 |
| Q1 2021 | 8,692.8 ₩ billion | −1.8 |
| Q4 2020 | 8,925.8 ₩ billion | 1.1 |
| Q3 2020 | 9,218.1 ₩ billion | 2.5 |
Last 24 observations. The full history (42 observations) is available through the API.
Get South Korea Korea: Residential building construction (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.GDP.Q.NOM.ITEM-11051"
# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/KR.GDP.Q.NOM.ITEM-11051",
headers={"X-API-Key": KEY})
obs = r.json()["observations"]About this series
| Latest observation | Q2 2026 |
|---|---|
| First observation | Q1 2016 |
| Observations | 42 |
| Frequency | Quarterly |
| Units | ₩ billion |
| Adjustment | Nominal |
| 10-year high | 27.6% (Q1 2017) |
| 10-year low | −19.3% (Q1 2025) |
| 10-year average | −0.3% |
| Source agency | Bank of Korea |
| Makrognosis code | KR.GDP.Q.NOM.ITEM-11051 |
More South Korea GDP series
South Korea GDP (Gross Domestic Product)South Korea Korea: (Goods) F.O.B. basis (BOK ECOS)South Korea Korea: (Goods) F.O.B. basis (BOK ECOS)South Korea Korea: (Goods) F.O.B. basis (BOK ECOS)South Korea Korea: (Goods) F.O.B. basis (BOK ECOS)South Korea Korea: (Services) (BOK ECOS)South Korea Korea: (Services) (BOK ECOS)South Korea Korea: (Services) (BOK ECOS)South Korea Korea: (Services) (BOK ECOS)South Korea Korea: (less) Imports of goods and services (BOK ECOS)South Korea Korea: (less) Imports of goods and services (BOK ECOS)South Korea Korea: Accommodation and food services (BOK ECOS)South Korea Korea: Accommodation and food services (BOK ECOS)South Korea Korea: Agriculture, forestry and fishing (BOK ECOS)South Korea Korea: Agriculture, forestry and fishing (BOK ECOS)South Korea Korea: Arts, sports and recreation (BOK ECOS)South Korea Korea: Arts, sports and recreation (BOK ECOS)South Korea Korea: Basic metals (BOK ECOS)South Korea Korea: Basic metals (BOK ECOS)South Korea Korea: Building construction and repair (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: Residential building construction (BOK ECOS) in South Korea?
- The latest reading is −8.3% 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.GDP.Q.NOM.ITEM-11051.
Last updated 2026-10-11. Source: Bank of Korea. Original title: “Korea: Residential building construction (BOK ECOS)”.