International Reserves in Taiwan

Taiwan International Reserves | Economic News & Forecasts

Taiwan - International Reserves

Economic growth accelerated in the fourth quarter, according to preliminary estimates, ending 2019 on a bright note and putting estimated growth for the year on a similar footing to 2018. The strong reading was spurred by a sharp rebound in investment, likely driven by returning capital from overseas companies, while private consumption also accelerated. However, government spending growth halved since the previous quarter, while increasing imports saw the external sector drag on overall growth. In other news, incumbent Tsai Ing-wen retained the presidency in a landslide election victory in January, with her Democratic Progressive Party maintaining a majority in the legislature. This will ensure a continuation of current pro-growth economic policies. In particular, infrastructure development plans and ongoing efforts to encourage Taiwanese companies to re-shore capital should boost investment.

Taiwan - International Reserves Data

2014   2015   2016   2017   2018  
International Reserves (USD)419  426  434  452  462  

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Taiwan International Reserves Chart

Taiwan International Reserves
Note: International reserves in months of imports.
Source: Central Bank of China.

Taiwan Facts

Value Change Date
Bond Yield0.691.28 %Dec 31
Exchange Rate29.910.07 %Jan 01

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Economic News

  • Taiwan: Growth accelerates in Q4 2019

    February 12, 2020

    The economy expanded 3.3% in the fourth quarter compared to the same quarter a year earlier, according to a second GDP release.

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  • Taiwan: Exports and imports slump in January, trade surplus widens

    February 7, 2020

    Merchandise exports slumped 7.6% in annual terms in January, contrasting December’s 4.0% expansion.

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  • Taiwan: Manufacturing PMI rises to 17-month high in January

    February 3, 2020

    The manufacturing Purchasing Managers’ Index (PMI), reported by IHS Markit, climbed to 51.8 in January from 50.8 in December, thus moving further above the 50-threshold and signaling the fastest pace of improvement in operating conditions since August 2018. The improvement came amid stronger growth of both output and new work received by manufacturers, while export sales returned to expansionary territory for the first time in 17 months.

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  • Taiwan: Industrial production soars in December

    January 22, 2020

    Industrial output increased 6.0% in December compared to the same month a year earlier, quickening from the 1.8% increase recorded in November. The acceleration in December was chiefly driven by strong output growth in the manufacturing sector, which represents more than 90% of total industrial production, while a return to expansion in electricity and gas supply supported the overall figure.

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  • Taiwan: Economic activity accelerates in Q4

    January 21, 2020

    The economy grew 3.4% in the final quarter of 2019 compared to the same period a year earlier, according to an advance GDP estimate, up from the third quarter’s 3.0% increase.

    Read more

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