Government Debt to GDP in Taiwan decreased to 28.20 percent in 2019 from 29.30 percent in 2018.

Government Debt to GDP in Taiwan averaged 25.50 percent from 1992 until 2019, reaching an all time high of 34 percent in 2012 and a record low of 11.20 percent in 1992. This page provides - Taiwan Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Taiwan Government Debt to GDP - values, historical data and charts - was last updated on October of 2020.

Government Debt to GDP in Taiwan is expected to reach 32.50 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Taiwan Government Debt to GDP is projected to trend around 33.50 percent in 2021 and 31.00 percent in 2022, according to our econometric models.

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Taiwan Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
28.20 29.30 34.00 11.20 1992 - 2019 percent Yearly

Taiwan Government Last Previous Highest Lowest Unit
Government Debt to GDP 28.20 29.30 34.00 11.20 percent [+]
Government Budget -1.30 -1.90 1.80 -6.30 percent of GDP [+]
Government Spending 644360.00 652330.00 661290.00 133471.00 TWD Million [+]
Government Revenues 2942.28 2811.28 2942.28 110.05 TWD Billion [+]
Fiscal Expenditure 3075.80 2978.49 3140.94 87.04 TWD Billion [+]
Credit Rating 83.00 [+]
Military Expenditure 10458.00 10480.00 13820.00 4501.00 USD Million [+]

Taiwan Government Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.