The current account surplus in Taiwan narrowed to USD 17.09 billion in the first quarter of 2019 from USD 22.18 billion in the same period of the previous year. The goods surplus dropped to USD 12.43 billion from USD 16.53 billion in the first quarter of 2018 and the primary income surplus fell to USD 6.22 billion from USD 7.76 billion. In addition, the services gap shrank to USD 0.76 billion from USD 1.19 billion a year earlier and the secondary income deficit declined to USD 0.80 billion from USD 0.92 billion. Current Account in Taiwan averaged 6121.37 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 20800.00 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 24790.00 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
2018-08-20 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 $17.09B $20.72B $21.5B
2019-08-20 08:20 AM Current Account $17.09B $20.8B
2019-11-20 08:20 AM Current Account $20.0B


Taiwan Trade Last Previous Highest Lowest Unit
Balance of Trade 4490.00 2690.00 6662.67 -847.44 USD Million [+]
Current Account 17089.00 20720.00 28019.00 -851.00 USD Million [+]
Current Account to GDP 11.60 14.70 21.00 -1.90 percent [+]
Imports 23224.14 23148.95 27132.35 1203.70 USD Million [+]
Exports 27717.09 25834.08 29985.19 1406.50 USD Million [+]
External Debt 195030.00 191161.00 202611.00 31705.00 USD Million [+]
Terms of Trade 91.30 91.90 169.30 85.30 Index Points [+]
Capital Flows 17380.00 21872.00 28065.00 -1029.00 USD Million [+]
Tourist Arrivals 1101.39 974.26 1125.11 40.30 Thousand [+]
Gold Reserves 423.60 423.60 423.89 421.23 Tonnes [+]
Foreign Direct Investment 971.46 466.33 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 June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
17089.00 20720.00 28019.00 -851.00 1981 - 2019 USD Million Quarterly




Country Last Previous
Argentina -2317.00 Dec/18
Australia -2900.00 Mar/19
Brazil -62.00 Apr/19
Canada -17347.00 Mar/19
China 586.00 Mar/19
Euro Area 35.10 Mar/19
France -846.00 Apr/19
Germany 22600.00 Apr/19
India -16899.55 Dec/18
Indonesia -6966.00 Mar/19
Italy 4040.10 Mar/19
Japan 1707.39 Apr/19
Mexico -5634.10 Mar/19
Netherlands 27505.30 Dec/18
Russia 32800.00 Mar/19
Saudi Arabia 18521.00 Dec/18
Singapore 20296.50 Mar/19
South Africa -142495.00 Mar/19
South Korea -660.00 Apr/19
Spain 26.00 Mar/19
Switzerland 15181.70 Dec/18
Turkey -1334.00 Apr/19
United Kingdom -23707.00 Dec/18
United States -134377.00 Dec/18


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