# South Korea Korea: Services (BOK ECOS)

South Korea Korea: Services (BOK ECOS) was up 5.5% year on year in Q2 2026, compared with 5.3% in Q1 2026.
The level stood at 398,337 ₩ billion.
That is the highest reading since Q1 2023.
Over the past ten years it has ranged from −0.3% (Q2 2020) to 9.4% (Q4 2021), averaging 4.8%.

- Source agency: Bank of Korea
- Makrognosis code: `KR.GDP.Q.NOM.ITEM-1117`
- 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-nominal-quarterly

## Recent data

| Period | Value | Y/Y % |
|---|---:|---:|
| Q2 2026 | 398,337 ₩ billion | 5.5 |
| Q1 2026 | 392,875 ₩ billion | 5.3 |
| Q4 2025 | 390,405 ₩ billion | 4.5 |
| Q3 2025 | 383,639 ₩ billion | 3.8 |
| Q2 2025 | 377,740 ₩ billion | 3.3 |
| Q1 2025 | 373,072 ₩ billion | 2.6 |
| Q4 2024 | 373,468 ₩ billion | 4.3 |
| Q3 2024 | 369,561 ₩ billion | 3.9 |
| Q2 2024 | 365,638 ₩ billion | 3.2 |
| Q1 2024 | 363,672 ₩ billion | 3.8 |
| Q4 2023 | 358,100 ₩ billion | 4.6 |
| Q3 2023 | 355,559 ₩ billion | 4.8 |
| Q2 2023 | 354,307 ₩ billion | 5.1 |
| Q1 2023 | 350,379 ₩ billion | 5.9 |
| Q4 2022 | 342,496 ₩ billion | 4.8 |
| Q3 2022 | 339,120 ₩ billion | 6.5 |
| Q2 2022 | 337,115 ₩ billion | 7.5 |
| Q1 2022 | 330,721 ₩ billion | 8.4 |
| Q4 2021 | 326,929 ₩ billion | 9.4 |
| Q3 2021 | 318,512 ₩ billion | 8.0 |
| Q2 2021 | 313,609 ₩ billion | 8.8 |
| Q1 2021 | 305,228 ₩ billion | 5.5 |
| Q4 2020 | 298,906 ₩ billion | 0.9 |
| Q3 2020 | 294,979 ₩ billion | 1.1 |

## API

```
curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/KR.GDP.Q.NOM.ITEM-1117"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/KR.GDP.Q.NOM.ITEM-1117",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
```