Taiwan recorded a Current Account surplus of 11.60 percent of the country's Gross Domestic Product in 2018. Current Account to GDP in Taiwan averaged 7.80 percent from 1980 until 2018, reaching an all time high of 21 percent in 1986 and a record low of -1.90 percent in 1980.

Current Account to GDP in Taiwan is expected to be 6.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Taiwan Current Account to GDP is projected to trend around 12.40 percent in 2020, according to our econometric models.

Taiwan Current Account to GDP
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Taiwan Trade Last Previous Highest Lowest Unit
Balance of Trade 3871.39 4492.95 6662.67 -847.44 USD Million [+]
Current Account 17089.00 20720.00 28019.00 -851.00 USD Million [+]
Current Account to GDP 11.60 14.70 21.00 -1.90 percent [+]
Imports 24514.18 23224.14 27132.35 1203.70 USD Million [+]
Exports 28385.57 27717.09 29985.19 1406.50 USD Million [+]
External Debt 195030.00 191161.00 202611.00 31705.00 USD Million [+]
Terms of Trade 91.80 91.30 169.30 85.30 Index Points [+]
Capital Flows 17380.00 21872.00 28065.00 -1029.00 USD Million [+]
Tourist Arrivals 1101.39 974.26 1125.11 40.30 Thousand [+]
Gold Reserves 423.60 423.60 423.89 421.23 Tonnes [+]
Foreign Direct Investment 1060.04 971.46 3953.79 81.58 USD Million [+]
Crude Oil Production 0.20 0.20 1.30 0.20 BBL/D/1K [+]
Terrorism Index 0.94 0.50 0.94 0.00 [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Taiwan Current Account to GDP

The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Taiwan Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Taiwan Current Account to GDP - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
11.60 14.70 21.00 -1.90 1980 - 2018 percent Yearly




Country Last Previous
Singapore 17.70 Dec/18
Netherlands 10.80 Dec/18
Switzerland 10.20 Dec/18
Saudi Arabia 9.20 Dec/18
Germany 7.30 Dec/18
Russia 7.00 Dec/18
South Korea 4.70 Dec/18
Japan 3.50 Dec/18
Euro Area 3.00 Dec/18
Italy 2.50 Dec/18
Spain 0.90 Dec/18
China 0.40 Dec/18
France -0.30 Dec/18
Brazil -0.77 Dec/18
Australia -1.50 Dec/18
Mexico -1.80 May/19
India -2.30 Dec/18
United States -2.40 Dec/18
Canada -2.60 Dec/18
Indonesia -3.00 Dec/18
South Africa -3.50 Dec/18
Turkey -3.50 Dec/18
United Kingdom -3.90 Dec/18
Argentina -5.40 Dec/18


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