Fiscal Balance in Taiwan

Taiwan Fiscal Balance | Economic News & Forecasts

Taiwan - Fiscal Balance

After a feeble first quarter, the economy seems to have remained dejected in Q2 as low export demand and the U.S.-China trade war continued to batter Taiwan’s critical tech sector. The manufacturing PMI fell to a seven-year low in June. While exports rebounded marginally in June after seven months of decline, export orders in May suggest demand will remain sluggish heading into Q3. Nevertheless, there are tentative signs the economy might gain steam in H2: The export order contraction softened in April–May; export performance in key markets is rebounding; and soaring machinery imports in June suggest a ramp-up in fixed investment. Moreover, the recent delay of U.S. tariffs on Chinese tech products could support business confidence. In other news, on 9 July the U.S. approved a USD 2.2 billion arms sale to Taiwan, drawing protests from China and fanning cross-strait tensions ahead of next year’s general elections.

Taiwan - Fiscal Balance Data

2013  2014  2015  2016  2017  
Fiscal Balance (% of GDP)-1.4  -0.8  0.1  -0.3  -0.1  

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Taiwan Facts

Bond Yield0.661.28 %Jul 11
Exchange Rate31.030.07 %Jul 11
Stock Market10,8430.37 %Jul 11

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