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

South Korea Korea: (Services) (BOK ECOS) was up 0.09% year on year in Q3 2026, compared with −2.7% in Q2 2026.
The level stood at 47,354 ₩ billion.
Over the past ten years it has ranged from −22.2% (Q2 2020) to 25.0% (Q4 2023), averaging 4.5%.

- Source agency: Bank of Korea
- Makrognosis code: `KR.GDP.Q.REAL.ITEM-1040120`
- Frequency: quarterly
- Units: ₩ billion
- Coverage: 2016-01-01 to 2026-07-01 (43 observations)
- Page: https://makrognosis.robomacro.com/data/south-korea/korea-services-bok-ecos-kr-gdp-q-real-item-1040120

## Recent data

| Period | Value | Y/Y % |
|---|---:|---:|
| Q3 2026 | 47,354 ₩ billion | 0.09 |
| Q2 2026 | 46,716 ₩ billion | −2.7 |
| Q1 2026 | 47,096 ₩ billion | 4.5 |
| Q4 2025 | 48,450 ₩ billion | 10.3 |
| Q3 2025 | 47,311 ₩ billion | 8.1 |
| Q2 2025 | 47,993 ₩ billion | 10.9 |
| Q1 2025 | 45,055 ₩ billion | 4.8 |
| Q4 2024 | 43,929 ₩ billion | 2.8 |
| Q3 2024 | 43,748 ₩ billion | 8.1 |
| Q2 2024 | 43,275 ₩ billion | 13.0 |
| Q1 2024 | 42,984 ₩ billion | 17.0 |
| Q4 2023 | 42,714 ₩ billion | 25.0 |
| Q3 2023 | 40,472 ₩ billion | 23.0 |
| Q2 2023 | 38,298 ₩ billion | 23.2 |
| Q1 2023 | 36,752 ₩ billion | 23.4 |
| Q4 2022 | 34,173 ₩ billion | 7.9 |
| Q3 2022 | 32,894 ₩ billion | 7.0 |
| Q2 2022 | 31,082 ₩ billion | −3.9 |
| Q1 2022 | 29,784 ₩ billion | −3.8 |
| Q4 2021 | 31,666 ₩ billion | 8.4 |
| Q3 2021 | 30,741 ₩ billion | 4.8 |
| Q2 2021 | 32,357 ₩ billion | 12.9 |
| Q1 2021 | 30,955 ₩ billion | −9.3 |
| Q4 2020 | 29,212 ₩ billion | −19.1 |

## API

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

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