Taiwan recorded a Government Budget deficit equal to 1.40 percent of the country's Gross Domestic Product in 2016. Government Budget in Taiwan averaged -1.83 percent of GDP from 1988 until 2016, 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.
Government Budget in Taiwan is expected to be -2.10 percent of GDP by the end of this quarter, 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 2020, according to our econometric models.