Current Account in Taiwan

Taiwan Current Account | Economic News & Forecasts

Taiwan - Current Account

A preliminary estimate revealed growth hit a one-year high in the second quarter, supported by accelerating household spending and export growth. In addition, fixed investment remained strong despite concerns over the U.S.-China trade war, partly due to some Taiwanese companies returning activities from the mainland. That said, the positive reading is expected to be a one-off. Early data for the third quarter is mixed, while subdued electronics demand amid the escalating U.S.-China trade war continues to eat into growth. Exports swung back to contraction in July, and the U.S. announcement that it would implement fresh tariffs on China in August will likely further hurt exports ahead. Moreover, on 31 July, China announced a surprise travel ban on solo travelers to Taiwan, which will dent the island’s tourism sector and increases tensions across the strait.

Taiwan - Current Account Data

2013  2014  2015  2016  2017  
Current Account (% of GDP)9.7  11.4  14.1  13.4  14.5  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.

Download

Taiwan Current Account Chart


Taiwan Current Account
Note: Current account balance as % of GDP.
Source: Central Bank of China and FocusEconomics calculations.

Taiwan Facts

ValueChangeDate
Bond Yield0.681.28 %Sep 04
Exchange Rate31.270.07 %Sep 04
Stock Market10,6570.37 %Sep 04

Sample Report

Get a sample report showing our regional, country and commodities data and analysis.

Download

Request a Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

Search form