Makrognosis

South Korea Korea: Services (BOK ECOS)

QuarterlyNominalCode KR.HHCONS.Q.NOM.ITEM-10401

Latest (y/y)6.7%Q2 2026
Previous (y/y)5.2%Q1 2026
Level193,092 ₩ billionQ2 2026

South Korea Korea: Services (BOK ECOS) was up 6.7% year on year in Q2 2026, compared with 5.2% in Q1 2026.

The level stood at 193,092 ₩ billion.

That is the highest reading since Q1 2023.

Over the past ten years it has ranged from −7.6% (Q4 2020) to 14.2% (Q3 2022), averaging 4.5%.

South Korea Korea: Services (BOK ECOS), annual % change, Q1 2017 – Q2 2026−10%−5%0%5%10%15%20182020202220242026Robomacro
South Korea Korea: Services (BOK ECOS), annual % change, Q1 2017 – Q2 2026. Source: Bank of Korea.
South Korea Korea: Services (BOK ECOS), level (₩ billion)120k140k160k180k200k201620182020202220242026Robomacro
South Korea Korea: Services (BOK ECOS), level (₩ billion).

Showing the full history (downsampled for display). Open the interactive chart to zoom and switch transforms.

Recent data

PeriodValueY/Y %
Q2 2026193,092 ₩ billion6.7
Q1 2026188,364 ₩ billion5.2
Q4 2025184,631 ₩ billion3.6
Q3 2025183,351 ₩ billion4.5
Q2 2025180,890 ₩ billion3.1
Q1 2025178,984 ₩ billion2.6
Q4 2024178,176 ₩ billion3.8
Q3 2024175,484 ₩ billion3.2
Q2 2024175,463 ₩ billion3.9
Q1 2024174,444 ₩ billion4.4
Q4 2023171,668 ₩ billion3.6
Q3 2023170,114 ₩ billion3.5
Q2 2023168,936 ₩ billion5.9
Q1 2023167,143 ₩ billion11.2
Q4 2022165,701 ₩ billion9.8
Q3 2022164,418 ₩ billion14.2
Q2 2022159,475 ₩ billion10.0
Q1 2022150,322 ₩ billion9.4
Q4 2021150,888 ₩ billion11.9
Q3 2021143,980 ₩ billion7.0
Q2 2021144,946 ₩ billion9.6
Q1 2021137,409 ₩ billion1.7
Q4 2020134,820 ₩ billion−7.6
Q3 2020134,552 ₩ billion−6.4

Last 24 observations. The full history (42 observations) is available through the API.

Get South Korea Korea: Services (BOK ECOS) in your code or spreadsheet

One guessable code, agency-direct, updated on release. Free tier available.

curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/KR.HHCONS.Q.NOM.ITEM-10401"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/KR.HHCONS.Q.NOM.ITEM-10401",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
Get a free API key → · API docs

About this series

Latest observationQ2 2026
First observationQ1 2016
Observations42
FrequencyQuarterly
Units₩ billion
AdjustmentNominal
10-year high14.2% (Q3 2022)
10-year low−7.6% (Q4 2020)
10-year average4.5%
Source agencyBank of Korea
Makrognosis codeKR.HHCONS.Q.NOM.ITEM-10401

More South Korea HHCONS series

South Korea Korea: (less) Final consumption expenditure of non-resident households on the territory (BOK ECOS)South Korea Korea: (less) Final consumption expenditure of non-resident households on the territory (BOK ECOS)South Korea Korea: Durable goods (BOK ECOS)South Korea Korea: Durable goods (BOK ECOS)South Korea Korea: Final consumption expenditure of households on the territory (BOK ECOS)South Korea Korea: Final consumption expenditure of households on the territory (BOK ECOS)South Korea Korea: Final consumption expenditure of resident households (BOK ECOS)South Korea Korea: Final consumption expenditure of resident households (BOK ECOS)South Korea Korea: Final consumption expenditure of resident households abroad (BOK ECOS)South Korea Korea: Final consumption expenditure of resident households abroad (BOK ECOS)South Korea Korea: Non-durable goods (BOK ECOS)South Korea Korea: Non-durable goods (BOK ECOS)South Korea Korea: Semi-durable goods (BOK ECOS)South Korea Korea: Semi-durable goods (BOK ECOS)South Korea Korea: Services (BOK ECOS)

Other South Korea indicators

South Korea GDP (Gross Domestic Product)South Korea Korea: GDP at market prices, SA, current prices (BOK ECOS)South Korea Inflation Rate (CPI)South Korea Core Inflation RateSouth Korea Unemployment RateSouth Korea 10-Year Government Bond YieldSouth Korea Credit Rating & Sovereign Risk ScoreSouth Korea Industrial ProductionSouth Korea Korea industrial production index, original (not seasonally adjusted), 2020=100 (KOSTAT via BOK ECOS)South Korea Producer Price Inflation (PPI)South Korea Korea: Current Account, monthly, NSA (BOK ECOS, USD mn)South Korea Korea: Current Account, monthly, SA (BOK ECOS, USD mn)South Korea Korea: Exports of Goods (Korea Customs Service final, BOK ECOS 901Y092 E100; thousand USD x 0.001 = USD mn)South Korea Korea: Imports of Goods (Korea Customs Service final, BOK ECOS 901Y092 I100; thousand USD x 0.001 = USD mn)South Korea Korea consumer sentiment index (KOSTAT via BOK ECOS 511Y002 FME 99988)South Korea M2 Money Stock

FAQ

What is the current korea: Services (BOK ECOS) in South Korea?
The latest reading is 6.7% year on year for Q2 2026, published by Bank of Korea.
Where does this data come from?
It is collected directly from Bank of Korea and is available through the Makrognosis API under the code KR.HHCONS.Q.NOM.ITEM-10401.

Last updated 2026-10-11. Source: Bank of Korea. Original title: “Korea: Services (BOK ECOS)”.