# South Korea Korea: (Services) (BOK ECOS)

South Korea Korea: (Services) (BOK ECOS) was up 25.0% year on year in Q2 2026, compared with 15.0% in Q1 2026.
The level stood at 63,600 ₩ billion.
That is the highest reading since Q2 2022.
Over the past ten years it has ranged from −18.0% (Q2 2020) to 52.0% (Q3 2021), averaging 10.9%.

- Source agency: Bank of Korea
- Makrognosis code: `KR.GDP.Q.NOM.ITEM-1030120`
- Frequency: quarterly
- Units: ₩ billion
- Coverage: 2016-01-01 to 2026-04-01 (42 observations)
- Page: https://makrognosis.robomacro.com/data/south-korea/korea-services-bok-ecos-kr-gdp-q-nom-item-1030120

## Recent data

| Period | Value | Y/Y % |
|---|---:|---:|
| Q2 2026 | 63,600 ₩ billion | 25.0 |
| Q1 2026 | 58,346 ₩ billion | 15.0 |
| Q4 2025 | 52,708 ₩ billion | 6.6 |
| Q3 2025 | 51,892 ₩ billion | 8.8 |
| Q2 2025 | 50,869 ₩ billion | 10.6 |
| Q1 2025 | 50,748 ₩ billion | 16.7 |
| Q4 2024 | 49,424 ₩ billion | 16.7 |
| Q3 2024 | 47,699 ₩ billion | 21.5 |
| Q2 2024 | 45,984 ₩ billion | 12.3 |
| Q1 2024 | 43,475 ₩ billion | 13.5 |
| Q4 2023 | 42,354 ₩ billion | 6.2 |
| Q3 2023 | 39,249 ₩ billion | −7.2 |
| Q2 2023 | 40,954 ₩ billion | −1.1 |
| Q1 2023 | 38,315 ₩ billion | −2.4 |
| Q4 2022 | 39,876 ₩ billion | 6.8 |
| Q3 2022 | 42,290 ₩ billion | 21.3 |
| Q2 2022 | 41,408 ₩ billion | 31.8 |
| Q1 2022 | 39,264 ₩ billion | 39.5 |
| Q4 2021 | 37,324 ₩ billion | 49.0 |
| Q3 2021 | 34,864 ₩ billion | 52.0 |
| Q2 2021 | 31,409 ₩ billion | 37.1 |
| Q1 2021 | 28,148 ₩ billion | 3.1 |
| Q4 2020 | 25,057 ₩ billion | −6.0 |
| Q3 2020 | 22,934 ₩ billion | −15.1 |

## API

```
curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/KR.GDP.Q.NOM.ITEM-1030120"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/KR.GDP.Q.NOM.ITEM-1030120",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
```