Fiscal Balance in Taiwan
The fiscal balance averaged -1.4% of GDP in the decade to 2023, above the East & South Asia average of -1.4% of GDP. The fiscal balance in Taiwan in 2023 was -0.6% of GDP. For more information on fiscal balance, visit our dedicated page
Taiwan Fiscal Balance Chart
Note: This chart displays Fiscal Balance (% of GDP) for Taiwan from 2024 to 2014.
Source: Macrobond.
Taiwan Fiscal Balance Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Fiscal Balance (% of GDP) | -1.0 | -0.2 | 0.2 | -0.6 | 0.4 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Taiwanese fiscal balance projections for the next ten years from a panel of 12 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable fiscal balance forecast available for Taiwanese fiscal balance.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Taiwanese fiscal balance projections.
Want to get access to the full dataset of Taiwanese fiscal balance forecasts? Send an email to info@focus-economics.com.