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

South Korea Korea: (Services) (BOK ECOS) was up 13.8% year on year in Q2 2026, compared with 8.6% in Q1 2026.
The level stood at 72,150 ₩ billion.
Over the past ten years it has ranged from −22.2% (Q3 2020) to 40.0% (Q4 2021), averaging 9.4%.

- Source agency: Bank of Korea
- Makrognosis code: `KR.GDP.Q.NOM.ITEM-1040120`
- 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-1040120

## Recent data

| Period | Value | Y/Y % |
|---|---:|---:|
| Q2 2026 | 72,150 ₩ billion | 13.8 |
| Q1 2026 | 67,693 ₩ billion | 8.6 |
| Q4 2025 | 68,432 ₩ billion | 14.6 |
| Q3 2025 | 64,058 ₩ billion | 8.2 |
| Q2 2025 | 63,414 ₩ billion | 13.1 |
| Q1 2025 | 62,321 ₩ billion | 14.4 |
| Q4 2024 | 59,702 ₩ billion | 13.3 |
| Q3 2024 | 59,198 ₩ billion | 17.8 |
| Q2 2024 | 56,089 ₩ billion | 12.4 |
| Q1 2024 | 54,490 ₩ billion | 11.0 |
| Q4 2023 | 52,687 ₩ billion | 10.3 |
| Q3 2023 | 50,253 ₩ billion | 3.2 |
| Q2 2023 | 49,885 ₩ billion | 9.3 |
| Q1 2023 | 49,112 ₩ billion | 22.9 |
| Q4 2022 | 47,769 ₩ billion | 17.9 |
| Q3 2022 | 48,681 ₩ billion | 31.1 |
| Q2 2022 | 45,646 ₩ billion | 25.3 |
| Q1 2022 | 39,970 ₩ billion | 25.4 |
| Q4 2021 | 40,501 ₩ billion | 40.0 |
| Q3 2021 | 37,141 ₩ billion | 29.0 |
| Q2 2021 | 36,436 ₩ billion | 25.3 |
| Q1 2021 | 31,867 ₩ billion | −7.7 |
| Q4 2020 | 28,932 ₩ billion | −20.6 |
| Q3 2020 | 28,787 ₩ billion | −22.2 |

## API

```
curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/KR.GDP.Q.NOM.ITEM-1040120"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/KR.GDP.Q.NOM.ITEM-1040120",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
```