The current account surplus in Taiwan decreased by USD 6.99 billion to USD 18.65 billion in the Q4 2018 from USD 25.64 billion in Q4 2017. The goods surplus went down to USD 17.47 billion from USD 22.92 billion, as exports decreased by USD 6.25 billion affected by the slowdown in global growth and higher base periods while imports shrank by USD 0.80 billion. The primary income surplus also narrowed to USD 2.79 billion from USD 4.99 billion, as foreign direct investment income fell to USD 2.68 billion from USD 4.36 billion. Meanwhile, the services deficit declined to USD 0.78 billion from USD 1.51 billion, mainly due to the decrease in processing fee and the increase in transportation revenue; and the secondary income shortfall rose slightly to USD 0.83 billion from USD 0.77 billion in Q4 2017, explained by the large amount of trade liquidated damages in the same quarter last year. In 2018, the current account surplus shrank to USD 68.26 billion from USD 82.84 billion in 2017. Current Account in Taiwan averaged 6041.74 USD Million from 1981 until 2018, reaching an all time high of 25639 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 21300.00 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 20770.00 in 12 months time. In the long-term, the Taiwan Current Account is projected to trend around 21140.00 USD Million in 2020, according to our econometric models.

Taiwan Current Account
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Calendar GMT Actual Previous Consensus TEForecast
2018-05-21 08:20 AM Current Account $20.08B $25.65B $ 22B
2018-08-20 08:20 AM Current Account $17.82B $20.08B $ 19.8B
2018-11-20 08:20 AM Current Account $14.04B $17.82B $ 21.6B
2019-02-22 08:20 AM Current Account $18.65B $14.04B $11B
2019-05-20 08:20 AM Current Account $18.65B 21300
2019-08-20 08:20 AM Current Account 20800
2019-11-20 08:20 AM Current Account 19980


Taiwan Trade Last Previous Highest Lowest Unit
Balance of Trade 3119.89 4925.51 6662.67 -847.44 USD Million [+]
Current Account 18650.00 14040.00 25639.00 -851.00 USD Million [+]
Current Account to GDP 11.60 14.70 21.00 -1.90 percent [+]
Imports 25559.40 15468.25 27132.35 1203.70 USD Million [+]
Exports 28679.29 20393.76 29985.19 1406.50 USD Million [+]
External Debt 191161.00 202611.00 202611.00 31705.00 USD Million [+]
Terms of Trade 92.10 91.90 169.30 85.30 Index Points [+]
Capital Flows 20157.00 11195.00 24474.00 -1029.00 USD Million [+]
Tourist Arrivals 956.20 875.12 1125.11 40.30 Thousand [+]
Gold Reserves 423.60 423.60 423.89 421.23 Tonnes [+]
Foreign Direct Investment 217.33 340.76 3953.79 81.58 USD Million [+]
Crude Oil Production 0.20 0.20 1.30 0.20 BBL/D/1K [+]
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 April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
18650.00 14040.00 25639.00 -851.00 1981 - 2018 USD Million Quarterly




Country Last Previous
Argentina -2317.00 Dec/18
Australia -7203.00 Dec/18
Brazil -494.20 Mar/19
Canada -15483.00 Dec/18
China 545.99 Dec/18
Euro Area 15.50 Feb/19
France -778.00 Feb/19
Germany 16300.00 Feb/19
India -16899.55 Dec/18
Indonesia -9148.00 Dec/18
Italy 3252.80 Feb/19
Japan 2676.85 Feb/19
Mexico -3424.00 Dec/18
Netherlands 27505.30 Dec/18
Russia 32800.00 Mar/19
Saudi Arabia 18521.00 Dec/18
Singapore 17796.10 Dec/18
South Africa -110158.00 Dec/18
South Korea 3601.90 Feb/19
Spain -1472.00 Jan/19
Switzerland 15181.70 Dec/18
Turkey -718.00 Feb/19
United Kingdom -23707.00 Dec/18
United States -134377.00 Dec/18


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