Government Budget in Taiwan decreased to -4.50 percent of GDP in 2020 from -1.30 percent of GDP in 2019. source: National Statistics Republic of China (Taiwan)

Government Budget in Taiwan averaged -1.83 percent of GDP from 1988 until 2021, 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. Taiwan Government Budget - values, historical data and charts - was last updated on June of 2023.

Government Budget in Taiwan is expected to reach -0.50 percent of GDP by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Taiwan Government Budget is projected to trend around -1.50 percent of GDP in 2023, according to our econometric models.

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Taiwan Government Budget



Related Last Previous Unit Reference
Government Budget -0.50 -2.90 percent of GDP Dec 2021

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.
Actual Previous Highest Lowest Dates Unit Frequency
-0.50 -2.90 1.80 -6.30 1988 - 2021 percent of GDP Yearly