Government Spending in Taiwan increased to 680361 TWD Million in the first quarter of 2021 from 675450 TWD Million in the fourth quarter of 2020. source: DGBAS, Taiwan

Government Spending in Taiwan averaged 446403.76 TWD Million from 1981 until 2021, reaching an all time high of 680361 TWD Million in the first quarter of 2021 and a record low of 133471 TWD Million in the first quarter of 1981. This page provides - Taiwan Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Taiwan Government Spending - values, historical data and charts - was last updated on June of 2021.

Government Spending in Taiwan is expected to be 681364.00 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 699091.00 in 12 months time. In the long-term, the Taiwan Government Spending is projected to trend around 720039.00 TWD Million in 2022 and 734440.00 TWD Million in 2023, according to our econometric models.

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Taiwan Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
680361.00 675450.00 680361.00 133471.00 1981 - 2021 TWD Million Quarterly
Constant Prices, SA

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 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.