Taiwan recorded a Current Account surplus of 26100 USD Million in the third quarter of 2021. source: Central Bank of the Republic of China (Taiwan)

Current Account in Taiwan averaged 7107.12 USD Million from 1981 until 2021, reaching an all time high of 29697 USD Million in the third quarter of 2020 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 December of 2021.

Current Account in Taiwan is expected to be 19550.00 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 2022, according to our econometric models.

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Taiwan Current Account


Calendar GMT Actual Previous Consensus TEForecast
2021-08-20 08:20 AM Q2 $28.04B $26.11B $30B
2021-11-19 08:20 AM Q3 $26.1B $28.04B $26B
2022-02-25 08:20 AM Q4


Related Last Previous Unit Reference
Current Account 26100.00 28040.00 USD Million Sep/21
Current Account to GDP 9.50 10.50 percent of GDP Dec/20
External Debt 215863.00 209524.00 USD Million Sep/21
Capital Flows 30165.00 28688.00 USD Million Sep/21
Remittances 52.00 56.00 USD Million Dec/15

News Stream
Taiwan Posts 2nd Largest Current Account Surplus On Record
The current account surplus in Taiwan rose by $7.02 billion to $28.04 billion in Q2 of 2021 from $21.02 billion a year ago. It was the second largest current account surplus ever recorded, as the goods surplus increased by $ 5.97 billion to $ 22.17 billion, mainly owing to gradual recovery in the global economy and sustained demand for remote working related products and emerging technology applications. Also, the services surplus rose by $1.58 billion to $2.52 billion, due to an increase in freight proceeds. On the other hand, the primary income account surplus shrank by $0.69 billion to $3.92 billion amid decreases in banks’ overseas interest income and increases in non-residents' income from direct investment. Whereas the secondary income account deficit narrowed by $0.16 billion to $0.56 billion mainly due to an increase in proceeds from gifts and samples.
2021-08-20
Taiwan Current Account Surplus Widens in Q1
The current account surplus in Taiwan rose by $9.03 billion to $25.96 billion in Q1 of 2021 from $16.93 billion a year ago. It was the third largest current account surplus ever recorded, as the goods surplus increased by $6.33 billion to $18.75 billion, mainly owing to orders for emerging technology applications and a rebound in business for manufacturing goods. Meantime, the services account shifted to a $2.83 billion surplus compared to a $0.60 billion deficit, due to an increase in freight surplus and a narrow travel deficit. On the other hand, the primary income account surplus fell by $0.96 billion to $4.99billion, amid decreases in banks’ overseas interest income. The secondary income account gap shrank by $0.24 billion to $0.61 billion deficit, mainly because of decreases in outward remittances both by residents to supplement overseas family and by migrant workers.
2021-05-20
Taiwan Posts 2nd Largest Current Account Surplus on Record
The current account surplus in Taiwan rose by $10.37 billion to $27.33 billion in the Q4 of 2020 from $16.96 billion a year ago. It was the 2nd largest current account surplus ever recorded, as the goods surplus increased by $8.90 billion to $23.04 billion, mainly boosted by orders for emerging technology applications and remote working-related products, as well as rising demand for traditional manufacturing goods. Meantime, the services account shifted to a $1.38 billion surplus compared to a $1.08 billion deficit, due to an increase in freight proceeds and a smaller travel deficit. On the other hand, the primary income account surplus fell by $1.11 billion to $3.66 billion, amid decreases in residents' income from outward foreign direct investment and in banks' overseas interest income. The secondary income gap fell by $0.18 billion to $0.75 billion, on lower expenditures on gifts and samples. In 2020, the country's current account surplus rose by $29.1 billion to $94.3 billion.
2021-02-26

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).