Fiscal Balance in Taiwan

Taiwan Fiscal Balance | Economic News & Forecasts

Taiwan - Fiscal Balance

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

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