Government Spending in Taiwan increased to 651172 TWD Million in the third quarter of 2019 from 645247 TWD Million in the second quarter of 2019. Government Spending in Taiwan averaged 437893.39 TWD Million from 1981 until 2019, reaching an all time high of 661290 TWD Million in the second quarter of 2018 and a record low of 133471 TWD Million in the first quarter of 1981.

Government Spending in Taiwan is expected to be 637253.00 TWD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Taiwan to stand at 666800.00 in 12 months time. In the long-term, the Taiwan Government Spending is projected to trend around 695100.00 TWD Million in 2020, according to our econometric models.

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Taiwan Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
651172.00 645247.00 661290.00 133471.00 1981 - 2019 TWD Million Quarterly
Constant Prices, SA

Taiwan Government Spending
Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth.

Taiwan Government Last Previous Highest Lowest Unit
Government Debt to GDP 30.90 30.80 34.00 11.19 percent [+]
Government Budget -1.90 -2.00 1.80 -6.30 percent of GDP [+]
Government Spending 651172.00 645247.00 661290.00 133471.00 TWD Million [+]
Government Revenues 2801.78 2731.20 2801.78 110.05 TWD Billion [+]
Fiscal Expenditure 2978.49 2958.10 3140.94 87.04 TWD Billion [+]
Military Expenditure 10458.00 10480.00 13820.00 4501.00 USD Million [+]
Credit Rating 83.00 [+]