# South Korea Korea: Tax on Goods & Services(incl. V.A.T) (BOK ECOS)

South Korea Korea: Tax on Goods & Services(incl. V.A.T) (BOK ECOS) was 82,030 ₩ billion in August 2026, down 2.9% from July 2026 and up 10.3% from a year earlier.
Over the past ten years it has ranged from 18,153 ₩ billion (Feb 2023) to 105,828 ₩ billion (Dec 2022), averaging 59,894 ₩ billion.

- Source agency: Bank of Korea
- Makrognosis code: `KR.GOVBAL.M.NSA.ITEM-A010103`
- Frequency: monthly
- Units: ₩ billion
- Coverage: 2016-01-01 to 2026-08-01 (128 observations)
- Page: https://makrognosis.robomacro.com/data/south-korea/korea-tax-on-goods-and-services-incl-v-a-t-bok-ecos

## Recent data

| Period | Value |
|---|---:|
| August 2026 | 82,030 ₩ billion |
| July 2026 | 84,456 ₩ billion |
| June 2026 | 57,208 ₩ billion |
| May 2026 | 53,708 ₩ billion |
| April 2026 | 53,618 ₩ billion |
| March 2026 | 29,766 ₩ billion |
| February 2026 | 25,748 ₩ billion |
| January 2026 | 28,865 ₩ billion |
| December 2025 | 104,140 ₩ billion |
| November 2025 | 102,281 ₩ billion |
| October 2025 | 101,860 ₩ billion |
| September 2025 | 78,697 ₩ billion |
| August 2025 | 74,354 ₩ billion |
| July 2025 | 76,037 ₩ billion |
| June 2025 | 51,793 ₩ billion |
| May 2025 | 48,710 ₩ billion |
| April 2025 | 48,243 ₩ billion |
| March 2025 | 24,803 ₩ billion |
| February 2025 | 21,268 ₩ billion |
| January 2025 | 25,129 ₩ billion |
| December 2024 | 105,610 ₩ billion |
| November 2024 | 101,325 ₩ billion |
| October 2024 | 100,193 ₩ billion |
| September 2024 | 77,863 ₩ billion |

## API

```
curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/KR.GOVBAL.M.NSA.ITEM-A010103"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/KR.GOVBAL.M.NSA.ITEM-A010103",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
```