The current account surplus in Taiwan decreased by USD 0.18 billion to USD 17.56 billion in the Q2 2019 from USD 17.73 billion in the corresponding period of the previous year. The goods surplus went down by USD 3.58 billion to USD 14.42 billion, as exports decreased by USD 8.52 billion affected by an unresolved trade war between the US and China, the slowdown of global economy and lower prices of international raw materials, while imports shrank by USD 0.1 billion. Meanwhile, the services gap decreased by USD 1.16 billion to USD 1.03 billion, mainly amid an increase in travel revenue. In addition, the primary income surplus rose by USD 2.07 billion to USD 4.74 billion while the secondary income shortfall fell by USD 0.17 billion to USD 0.58 billion. Current Account in Taiwan averaged 6197.36 USD Million from 1981 until 2019, reaching an all time high of 28019 USD Million in the fourth quarter of 2017 and a record low of -851 USD Million in the first quarter of 1981.

Current Account in Taiwan is expected to be 19980.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Taiwan to stand at 22800.00 in 12 months time. In the long-term, the Taiwan Current Account is projected to trend around 23600.00 USD Million in 2020, according to our econometric models.

Taiwan Current Account
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Calendar GMT Actual Previous Consensus TEForecast
2018-11-20 08:20 AM Current Account Q3 $14.04B $17.82B $ 21.6B
2019-02-22 08:20 AM Current Account Q4 $18.65B $14.04B $11B
2019-05-20 08:20 AM Current Account Q1 $17.09B $20.72B $21.5B
2019-08-20 08:20 AM Current Account Q2 $17.56B $17.09B $20.8B
2019-11-20 08:20 AM Current Account Q3 $17.56B $20.0B


Taiwan Trade Last Previous Highest Lowest Unit
Balance of Trade 5976.80 3567.53 6662.67 -847.44 USD Million [+]
Current Account 17555.00 17244.00 28019.00 -851.00 USD Million [+]
Current Account to GDP 11.60 14.70 21.00 -1.90 percent [+]
Imports 23022.68 24635.75 27132.35 1203.70 USD Million [+]
Exports 28999.48 28203.28 29985.19 1406.50 USD Million [+]
External Debt 187182.00 195030.00 202611.00 31705.00 USD Million [+]
Terms of Trade 89.60 88.10 169.30 85.30 Index Points [+]
Capital Flows 16151.00 17380.00 28065.00 -1029.00 USD Million [+]
Tourist Arrivals 988.77 932.70 1125.11 40.30 Thousand [+]
Gold Reserves 423.63 423.60 423.89 421.23 Tonnes [+]
Foreign Direct Investment 2535.29 468.90 3953.79 81.58 USD Million [+]
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

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 September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
17555.00 17244.00 28019.00 -851.00 1981 - 2019 USD Million Quarterly




Country Last Previous
Argentina -3849.43 Mar/19
Australia 5853.00 Jun/19
Brazil -9034.90 Jul/19
Canada -6380.00 Jun/19
China 570.00 Jun/19
Euro Area 29.84 Jul/19
France 173.00 Jul/19
Germany 22100.00 Jul/19
India -4600.00 Mar/19
Indonesia -8442.80 Jun/19
Italy 8420.80 Jul/19
Japan 1999.92 Jul/19
Mexico 5142.70 Jun/19
Netherlands 18079.00 Mar/19
Russia 12100.00 Jun/19
Saudi Arabia 11518.00 Mar/19
Singapore 21497.50 Jun/19
South Africa -204100.00 Jun/19
South Korea 6949.40 Jul/19
Spain 2050.00 Jun/19
Switzerland 21272.85 Jun/19
Turkey 1158.00 Jul/19
United Kingdom -30045.00 Mar/19
United States -128188.00 Jun/19


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