South Korea Korea: Taxes less subsidies on products (BOK ECOS)
QuarterlyNot seasonally adjustedCode KR.GDPDEF.Q.NSA.ITEM-1300
Latest (y/y)8.3%Q2 2026
Previous (y/y)14.1%Q1 2026
Level118.5 2020=100Q2 2026
South Korea Korea: Taxes less subsidies on products (BOK ECOS) was up 8.3% year on year in Q2 2026, compared with 14.1% in Q1 2026.
The level stood at 118.5 2020=100.
Over the past ten years it has ranged from −5.0% (Q4 2023) to 14.1% (Q1 2026), averaging 2.4%.
Showing the full history (downsampled for display). Open the interactive chart to zoom and switch transforms.
Recent data
| Period | Value | Y/Y % |
|---|---|---|
| Q2 2026 | 118.5 2020=100 | 8.3 |
| Q1 2026 | 122.5 2020=100 | 14.1 |
| Q4 2025 | 113.9 2020=100 | 4.0 |
| Q3 2025 | 111.5 2020=100 | 0.6 |
| Q2 2025 | 109.4 2020=100 | 0.8 |
| Q1 2025 | 107.4 2020=100 | 0.5 |
| Q4 2024 | 109.5 2020=100 | 5.5 |
| Q3 2024 | 110.9 2020=100 | 5.0 |
| Q2 2024 | 108.6 2020=100 | 5.7 |
| Q1 2024 | 106.8 2020=100 | 4.3 |
| Q4 2023 | 103.8 2020=100 | −5.0 |
| Q3 2023 | 105.6 2020=100 | −3.0 |
| Q2 2023 | 102.8 2020=100 | −4.6 |
| Q1 2023 | 102.4 2020=100 | −1.7 |
| Q4 2022 | 109.3 2020=100 | 0.7 |
| Q3 2022 | 108.8 2020=100 | 1.0 |
| Q2 2022 | 107.8 2020=100 | 6.8 |
| Q1 2022 | 104.1 2020=100 | 4.5 |
| Q4 2021 | 108.6 2020=100 | 7.9 |
| Q3 2021 | 107.8 2020=100 | 5.6 |
| Q2 2021 | 100.9 2020=100 | 5.1 |
| Q1 2021 | 99.61 2020=100 | −1.6 |
| Q4 2020 | 100.6 2020=100 | 2.6 |
| Q3 2020 | 102.0 2020=100 | 1.9 |
Last 24 observations. The full history (42 observations) is available through the API.
Get South Korea Korea: Taxes less subsidies on products (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.GDPDEF.Q.NSA.ITEM-1300"
# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/KR.GDPDEF.Q.NSA.ITEM-1300",
headers={"X-API-Key": KEY})
obs = r.json()["observations"]About this series
| Latest observation | Q2 2026 |
|---|---|
| First observation | Q1 2016 |
| Observations | 42 |
| Frequency | Quarterly |
| Units | 2020=100 |
| Adjustment | Not seasonally adjusted |
| 10-year high | 14.1% (Q1 2026) |
| 10-year low | −5.0% (Q4 2023) |
| 10-year average | 2.4% |
| Source agency | Bank of Korea |
| Makrognosis code | KR.GDPDEF.Q.NSA.ITEM-1300 |
More South Korea GDPDEF series
South Korea Korea: (Goods) F.O.B. basis (BOK ECOS)South Korea Korea: (Goods) F.O.B. basis (BOK ECOS)South Korea Korea: (Services) (BOK ECOS)South Korea Korea: (Services) (BOK ECOS)South Korea Korea: (less) Imports of goods and services (BOK ECOS)South Korea Korea: Agriculture, forestry and fishing (BOK ECOS)South Korea Korea: Business activities (BOK ECOS)South Korea Korea: Construction (BOK ECOS)South Korea Korea: Construction (BOK ECOS)South Korea Korea: Cultural and other services (BOK ECOS)South Korea Korea: Education (BOK ECOS)South Korea Korea: Electricity, gas and water supply (BOK ECOS)South Korea Korea: Expenditure on GDP (BOK ECOS)South Korea Korea: Exports of goods and services (BOK ECOS)South Korea Korea: Facilities investment (BOK ECOS)South Korea Korea: Final consumption expenditure (BOK ECOS)South Korea Korea: Finance and insurance (BOK ECOS)South Korea Korea: Government (BOK ECOS)South Korea Korea: Gross capital formation (BOK ECOS)South Korea Korea: Gross domestic product at market prices (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: Taxes less subsidies on products (BOK ECOS) in South Korea?
- The latest reading is 8.3% 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.GDPDEF.Q.NSA.ITEM-1300.
Last updated 2026-10-11. Source: Bank of Korea. Original title: “Korea: Taxes less subsidies on products (BOK ECOS)”.