Taiwan recorded a Government Budget deficit equal to 1.90 percent of the country's Gross Domestic Product in 2018. Taiwan Government Budget - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Government Budget in Taiwan averaged -1.84 percent of GDP from 1988 until 2018, reaching an all time high of 1.80 percent of GDP in 1990 and a record low of -6.30 percent of GDP in 2001. This page provides - Taiwan Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Budget in Taiwan is expected to reach -1.30 percent of GDP by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Taiwan Government Budget is projected to trend around -1.20 percent of GDP in 2021, according to our econometric models.


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Taiwan Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
-1.90 -2.00 1.80 -6.30 1988 - 2018 percent of GDP Yearly


Taiwan Government Budget
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.