# South Korea Korea: Taxes less subsidies on products (BOK ECOS)

South Korea Korea: Taxes less subsidies on products (BOK ECOS) was up 0.9% year on year in Q3 2026, compared with 1.7% in Q2 2026.
The level stood at 42,205 ₩ billion.
Over the past ten years it has ranged from −5.6% (Q4 2022) to 8.2% (Q2 2021), averaging 0.7%.

- Source agency: Bank of Korea
- Makrognosis code: `KR.GDP.Q.REAL.ITEM-1300`
- Frequency: quarterly
- Units: ₩ billion
- Coverage: 2016-01-01 to 2026-07-01 (43 observations)
- Page: https://makrognosis.robomacro.com/data/south-korea/korea-taxes-less-subsidies-on-products-bok-ecos

## Recent data

| Period | Value | Y/Y % |
|---|---:|---:|
| Q3 2026 | 42,205 ₩ billion | 0.9 |
| Q2 2026 | 42,148 ₩ billion | 1.7 |
| Q1 2026 | 43,020 ₩ billion | 3.1 |
| Q4 2025 | 42,119 ₩ billion | 0.9 |
| Q3 2025 | 41,833 ₩ billion | 1.1 |
| Q2 2025 | 41,444 ₩ billion | −1.1 |
| Q1 2025 | 41,713 ₩ billion | −2.4 |
| Q4 2024 | 41,755 ₩ billion | 0.1 |
| Q3 2024 | 41,384 ₩ billion | 0.8 |
| Q2 2024 | 41,894 ₩ billion | 1.0 |
| Q1 2024 | 42,758 ₩ billion | 2.5 |
| Q4 2023 | 41,710 ₩ billion | −1.0 |
| Q3 2023 | 41,065 ₩ billion | −5.0 |
| Q2 2023 | 41,497 ₩ billion | −4.1 |
| Q1 2023 | 41,697 ₩ billion | −4.2 |
| Q4 2022 | 42,112 ₩ billion | −5.6 |
| Q3 2022 | 43,223 ₩ billion | −0.8 |
| Q2 2022 | 43,279 ₩ billion | −4.0 |
| Q1 2022 | 43,520 ₩ billion | 1.3 |
| Q4 2021 | 44,587 ₩ billion | 5.3 |
| Q3 2021 | 43,573 ₩ billion | 3.1 |
| Q2 2021 | 45,087 ₩ billion | 8.2 |
| Q1 2021 | 42,983 ₩ billion | 3.7 |
| Q4 2020 | 42,326 ₩ billion | 2.5 |

## API

```
curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/KR.GDP.Q.REAL.ITEM-1300"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/KR.GDP.Q.REAL.ITEM-1300",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
```