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

South Korea Korea: (Services) (BOK ECOS) was up 16.9% year on year in Q2 2026, compared with 4.1% in Q1 2026.
The level stood at 154.1 2020=100.
That is the highest reading since Q3 2022.
Over the past ten years it has ranged from −16.3% (Q3 2023) to 30.3% (Q2 2022), averaging 4.9%.

- Source agency: Bank of Korea
- Makrognosis code: `KR.GDPDEF.Q.NSA.ITEM-1040120`
- Frequency: quarterly
- Units: 2020=100
- Coverage: 2016-01-01 to 2026-04-01 (42 observations)
- Page: https://makrognosis.robomacro.com/data/south-korea/korea-services-bok-ecos-kr-gdpdef-q-nsa-item-1040120

## Recent data

| Period | Value | Y/Y % |
|---|---:|---:|
| Q2 2026 | 154.1 2020=100 | 16.9 |
| Q1 2026 | 142.0 2020=100 | 4.1 |
| Q4 2025 | 143.1 2020=100 | 4.0 |
| Q3 2025 | 135.5 2020=100 | −0.4 |
| Q2 2025 | 131.8 2020=100 | 2.1 |
| Q1 2025 | 136.4 2020=100 | 9.3 |
| Q4 2024 | 137.6 2020=100 | 10.0 |
| Q3 2024 | 136.0 2020=100 | 8.9 |
| Q2 2024 | 129.1 2020=100 | −0.5 |
| Q1 2024 | 124.8 2020=100 | −5.0 |
| Q4 2023 | 125.1 2020=100 | −11.7 |
| Q3 2023 | 124.9 2020=100 | −16.3 |
| Q2 2023 | 129.7 2020=100 | −11.2 |
| Q1 2023 | 131.5 2020=100 | −0.3 |
| Q4 2022 | 141.6 2020=100 | 9.3 |
| Q3 2022 | 149.2 2020=100 | 23.0 |
| Q2 2022 | 146.0 2020=100 | 30.3 |
| Q1 2022 | 131.8 2020=100 | 30.2 |
| Q4 2021 | 129.6 2020=100 | 29.3 |
| Q3 2021 | 121.3 2020=100 | 22.6 |
| Q2 2021 | 112.1 2020=100 | 10.8 |
| Q1 2021 | 101.3 2020=100 | 1.5 |
| Q4 2020 | 100.2 2020=100 | −1.7 |
| Q3 2020 | 98.99 2020=100 | −2.9 |

## API

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

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