# South Korea Korea: Residential building construction (BOK ECOS)

South Korea Korea: Residential building construction (BOK ECOS) was down 8.8% year on year in Q2 2026, compared with −6.4% in Q1 2026.
The level stood at 5,854.1 ₩ billion.
Over the past ten years it has ranged from −20.9% (Q1 2025) to 25.0% (Q1 2017), averaging −3.8%.

- Source agency: Bank of Korea
- Makrognosis code: `KR.GDP.Q.REAL.ITEM-11051`
- Frequency: quarterly
- Units: ₩ billion
- Coverage: 2016-01-01 to 2026-04-01 (42 observations)
- Page: https://makrognosis.robomacro.com/data/south-korea/korea-residential-building-construction-bok-ecos

## Recent data

| Period | Value | Y/Y % |
|---|---:|---:|
| Q2 2026 | 5,854.1 ₩ billion | −8.8 |
| Q1 2026 | 6,146.7 ₩ billion | −6.4 |
| Q4 2025 | 6,047.6 ₩ billion | −11.8 |
| Q3 2025 | 6,286.3 ₩ billion | −10.5 |
| Q2 2025 | 6,417.8 ₩ billion | −16.7 |
| Q1 2025 | 6,565.7 ₩ billion | −20.9 |
| Q4 2024 | 6,859.8 ₩ billion | −15.6 |
| Q3 2024 | 7,025.4 ₩ billion | −19.1 |
| Q2 2024 | 7,700.2 ₩ billion | −12.9 |
| Q1 2024 | 8,305.4 ₩ billion | −10.0 |
| Q4 2023 | 8,127.6 ₩ billion | −11.7 |
| Q3 2023 | 8,680.9 ₩ billion | −4.5 |
| Q2 2023 | 8,838.6 ₩ billion | −1.2 |
| Q1 2023 | 9,226.7 ₩ billion | 5.8 |
| Q4 2022 | 9,204.0 ₩ billion | −0.2 |
| Q3 2022 | 9,092.9 ₩ billion | 3.6 |
| Q2 2022 | 8,944.0 ₩ billion | 4.6 |
| Q1 2022 | 8,717.5 ₩ billion | 1.8 |
| Q4 2021 | 9,225.3 ₩ billion | 3.8 |
| Q3 2021 | 8,780.0 ₩ billion | −2.9 |
| Q2 2021 | 8,548.6 ₩ billion | −6.0 |
| Q1 2021 | 8,565.5 ₩ billion | −4.3 |
| Q4 2020 | 8,883.7 ₩ billion | 0.2 |
| Q3 2020 | 9,040.3 ₩ billion | −0.3 |

## API

```
curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/KR.GDP.Q.REAL.ITEM-11051"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/KR.GDP.Q.REAL.ITEM-11051",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
```