Taiwan Current Account  1981-2017 | Data | Chart | Calendar | Forecast

The current account surplus in Taiwan widened by USD 0.68 billion to USD 17.65 billion in the second quarter of 2017 from a USD 16.97 billion surplus a year earlier. The goods trade surplus widened by USD 0.97 billion to USD 18.28 billion as a continued global economic recovery, steady demand for semiconductors, and a lower base effect combined to drive export growth higher. The primary income account registered a USD 3.31 billion surplus, a modest increase of around USD 2 million, mainly owing to an increase in banks' interest income. On the other hand, the services deficit widened by USD 0.14 billion to USD 2.91 billion, mainly owing to a decrease in travel receipts as well as an increase in travel payments. The secondary income gap went up by USD 0.16 billion to USD 1.04 billion mainly because of increases in workers' outward remittances and in residents' remittances to overseas relatives. Current Account in Taiwan averaged 5573.42 USD Million from 1981 until 2017, reaching an all time high of 21558 USD Million in the first quarter of 2015 and a record low of -851 USD Million in the first quarter of 1981.

Taiwan Current Account
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Calendar GMT Actual Previous Consensus TEForecast
2017-02-20 08:15 AM Current Account $18.3B $16.2B $19B
2017-05-19 08:15 AM Current Account $16.39B $19.5B $18.8B
2017-08-21 08:20 AM Current Account $17.65B $17.34B $ 16.4B
2017-11-21 08:15 AM Current Account $17.65B $ 17B


Taiwan Trade Last Previous Highest Lowest Unit
Balance of Trade 6690.00 5710.00 6690.00 -847.44 USD Million [+]
Exports 28897.05 27768.77 28897.05 1406.50 USD Million [+]
Imports 22208.75 22055.98 27132.35 1203.70 USD Million [+]
Current Account 17650.00 17340.00 21558.00 -851.00 USD Million [+]
Current Account to GDP 13.40 14.30 21.00 -1.90 percent [+]
External Debt 170138.00 182270.00 191703.00 31705.00 USD Million [+]
Terms of Trade 112.40 112.20 182.80 98.50 Index Points [+]
Capital Flows 16661.00 16438.00 24137.00 -8533.00 USD Million [+]
Remittances 52.00 56.00 65.00 8.00 USD Million [+]
Tourist Arrivals 909.38 833.10 1037.10 40.30 Thousand [+]
Gold Reserves 423.63 423.63 423.89 421.23 Tonnes [+]
Foreign Direct Investment 459.05 634.52 3953.79 81.58 USD Million [+]
Crude Oil Production 0.20 0.20 1.30 0.20 BBL/D/1K [+]
Terrorism Index 0.08 0.15 0.31 0.00 [+]

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



Taiwan Current Account

Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides - Taiwan Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Taiwan Current Account - actual data, historical chart and calendar of releases - was last updated on October of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
17650.00 17340.00 21558.00 -851.00 1981 - 2017 USD Million Quarterly




current account by Country

Last
Australia -9562.00 Jun/17
Brazil -302.50 Aug/17
Canada -16319.00 Jun/17
China 508.87 Jun/17
Euro Area 32.50 Jul/17
France -1468.00 Aug/17
Germany 17800.00 Aug/17
India -14300.00 Jun/17
Indonesia -4962.50 Jun/17
Italy 8625.00 Jul/17
Japan 2380.40 Aug/17
Mexico -321.10 Jun/17
Netherlands 15416.30 Jun/17
Russia 1200.00 Sep/17
South Korea 6061.10 Aug/17
Spain 2977.00 Jul/17
Switzerland 18748.00 Jun/17
Turkey -1237.00 Aug/17
United Kingdom -23182.00 Jun/17
United States -123137.00 Jun/17