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

South Korea Korea: (Services) (BOK ECOS) was up 16.0% year on year in Q2 2026, compared with 6.5% in Q1 2026.
The level stood at 155.1 2020=100.
That is the highest reading since Q2 2022.
Over the past ten years it has ranged from −13.5% (Q3 2023) to 31.2% (Q4 2021), averaging 5.3%.

- Source agency: Bank of Korea
- Makrognosis code: `KR.GDPDEF.Q.NSA.ITEM-1030120`
- 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-not-seasonally-adjusted-quarterly

## Recent data

| Period | Value | Y/Y % |
|---|---:|---:|
| Q2 2026 | 155.1 2020=100 | 16.0 |
| Q1 2026 | 145.9 2020=100 | 6.5 |
| Q4 2025 | 137.5 2020=100 | 1.7 |
| Q3 2025 | 137.3 2020=100 | −4.1 |
| Q2 2025 | 133.7 2020=100 | −0.6 |
| Q1 2025 | 137.0 2020=100 | 6.2 |
| Q4 2024 | 135.2 2020=100 | 6.7 |
| Q3 2024 | 143.2 2020=100 | 12.2 |
| Q2 2024 | 134.6 2020=100 | 2.7 |
| Q1 2024 | 129.0 2020=100 | 0.2 |
| Q4 2023 | 126.7 2020=100 | −7.1 |
| Q3 2023 | 127.6 2020=100 | −13.5 |
| Q2 2023 | 131.0 2020=100 | −12.4 |
| Q1 2023 | 128.8 2020=100 | −8.0 |
| Q4 2022 | 136.4 2020=100 | 4.1 |
| Q3 2022 | 147.6 2020=100 | 14.1 |
| Q2 2022 | 149.5 2020=100 | 30.6 |
| Q1 2022 | 140.0 2020=100 | 29.1 |
| Q4 2021 | 131.0 2020=100 | 31.2 |
| Q3 2021 | 129.3 2020=100 | 28.0 |
| Q2 2021 | 114.5 2020=100 | 14.9 |
| Q1 2021 | 108.5 2020=100 | 9.0 |
| Q4 2020 | 99.85 2020=100 | 5.2 |
| Q3 2020 | 101.0 2020=100 | 5.5 |

## API

```
curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/KR.GDPDEF.Q.NSA.ITEM-1030120"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/KR.GDPDEF.Q.NSA.ITEM-1030120",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
```
