The current account surplus in Taiwan rose by USD 4.85 billion to USD 30.68 billion in the first quarter of 2022 from USD 25.83 billion a year ago. It was the second-largest current account surplus ever recorded, as the goods surplus increased by USD 1.70 billion to USD 20.47 billion, owing to the global economic recovery and sustained demand for digital transformation and emerging technology applications. The services account surplus also widened by USD 1.54 billion to USD 4.34 billion, mainly reflecting an increase in freight proceeds. source: Central Bank of the Republic of China (Taiwan)
Current Account in Taiwan averaged 7412.95 USD Million from 1981 until 2022, reaching an all time high of 32073 USD Million in the fourth quarter of 2021 and a record low of -851 USD Million in the first quarter of 1981. This page provides - Taiwan Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Taiwan Current Account - data, historical chart, forecasts and calendar of releases - was last updated on July of 2022.
Current Account in Taiwan is expected to be 22500.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Taiwan Current Account is projected to trend around 21600.00 USD Million in 2023, according to our econometric models.