Taiwan recorded a government budget deficit of 455.80 TWD Billion in 2021. source: Ministry Of Finance, R.O.C.

Government Budget Value in Taiwan averaged -142.12 TWD Billion from 1974 until 2021, reaching an all time high of 60.87 TWD Billion in 1998 and a record low of -557.25 TWD Billion in 2009. This page provides - Taiwan Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. Taiwan Government Budget Value - values, historical data and charts - was last updated on June of 2021.

Government Budget Value in Taiwan is expected to reach -355.00 TWD Billion by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Taiwan Government Budget Value is projected to trend around -355.00 TWD Billion in 2022, according to our econometric models.

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Taiwan Government Budget Value

Actual Previous Highest Lowest Dates Unit Frequency
-455.80 -133.52 60.87 -557.25 1974 - 2021 TWD Billion Yearly
Current Prices, NSA

Taiwan Government Last Previous Highest Lowest Unit
Government Debt to GDP 28.20 29.30 34.00 11.20 percent of GDP [+]
Government Budget -4.50 -1.30 1.80 -6.30 percent of GDP [+]
Government Budget Value -455.80 -133.52 60.87 -557.25 TWD Billion [+]
Government Spending 680361.00 675450.00 680361.00 133471.00 TWD Million [+]
Government Revenues 2875.41 2942.28 2942.28 110.05 TWD Billion [+]
Fiscal Expenditure 3331.21 3075.80 3331.21 87.04 TWD Billion [+]
Credit Rating 85.00 [+]
Military Expenditure 11597.00 10993.00 13892.00 4524.00 USD Million [+]


Taiwan Government Budget Value
The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues.