Taiwan Forecast: Current Account Balance

1984 - 2029 | Yearly | USD bn | International Monetary Fund

Key information about Taiwan Forecast: Current Account Balance

  • Taiwan Current Account Balance is forecasted to be 114.458 USD bn in Dec 2024 as reported by International Monetary Fund.
  • It records an increase from the last reported number of 104.086 USD bn in Dec 2023.
  • Looking ahead, Taiwan Current Account Balance is projected to stand at 170.549 USD bn in Dec 2029.
  • The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: BPM6: Current Account: USD.

View Taiwan's Forecast: Current Account Balance from 1984 to 2029 in the chart:

Taiwan Forecast: Current Account Balance

What is Taiwan's Forecast: Current Account Balance in 2029?

Taiwan Current Account Balance is forecasted to be 114.458 USD bn in Dec 2024 as reported by International Monetary Fund. See the table below for more data.

Last Previous Min Max Unit Frequency Range
170.549 2029 151.022 2028 3.129 1998 170.549 2029 USD bn yearly 1984 - 2029

Forecast: Current Account Balance by Country Comparison

country/region Last Frequency Range
Afghanistan (USD bn) 2.814 2020 yearly 2002 - 2020
Albania (USD bn) -0.217 2029 yearly 1980 - 2029
Algeria (USD bn) -7.532 2029 yearly 1980 - 2029
Andorra (USD bn) 0.814 2029 yearly 2019 - 2029
Angola (USD bn) 1.605 2029 yearly 1980 - 2029
Antigua and Barbuda (USD bn) -0.253 2029 yearly 2014 - 2029
Argentina (USD bn) 10.560 2029 yearly 1980 - 2029
Armenia (USD bn) -1.665 2029 yearly 1992 - 2029
Aruba (USD bn) 0.152 2029 yearly 1999 - 2029
Australia (USD bn) -28.731 2029 yearly 1980 - 2029
Austria (USD bn) 14.304 2029 yearly 1980 - 2029
Azerbaijan (USD bn) 0.418 2029 yearly 1992 - 2029
Bahamas (USD bn) -1.207 2029 yearly 1980 - 2029
Bahrain (USD bn) 1.690 2029 yearly 1980 - 2029
Bangladesh (USD bn) -9.885 2029 yearly 1980 - 2029
Barbados (USD bn) -0.445 2029 yearly 1980 - 2029
Belarus (USD bn) -2.218 2029 yearly 1992 - 2029
Belgium (USD bn) 6.520 2029 yearly 1980 - 2029
Belize (USD bn) -0.098 2029 yearly 1980 - 2029
Benin (USD bn) -1.412 2029 yearly 1980 - 2029
Bhutan (USD bn) -0.728 2029 yearly 1980 - 2029
Bolivia (USD bn) -3.985 2029 yearly 1980 - 2029
Bosnia and Herzegovina (USD bn) -1.411 2029 yearly 1998 - 2029
Botswana (USD bn) 0.062 2029 yearly 1980 - 2029
Brazil (USD bn) -44.939 2029 yearly 1980 - 2029
Brunei (USD bn) 2.412 2029 yearly 1981 - 2029
Bulgaria (USD bn) -0.401 2029 yearly 1980 - 2029
Burkina Faso (USD bn) -0.678 2029 yearly 1980 - 2029
Burundi (USD bn) -0.585 2029 yearly 1980 - 2029
Cambodia (USD bn) -2.164 2029 yearly 1992 - 2029
Cameroon (USD bn) -2.355 2029 yearly 1980 - 2029
Canada (USD bn) -73.006 2029 yearly 1980 - 2029
Cape Verde (USD bn) -0.121 2029 yearly 1980 - 2029
Central African Republic (USD bn) -0.155 2029 yearly 1980 - 2029
Chad (USD bn) -0.328 2029 yearly 1980 - 2029
Chile (USD bn) -13.126 2029 yearly 1980 - 2029
China (USD bn) 285.473 2029 yearly 1997 - 2029
Colombia (USD bn) -17.950 2029 yearly 1980 - 2029
Comoros (USD bn) -0.093 2029 yearly 1980 - 2029
Congo (USD bn) -0.221 2029 yearly 1980 - 2029
Costa Rica (USD bn) -1.809 2029 yearly 1980 - 2029
Croatia (USD bn) 0.502 2029 yearly 1992 - 2029
Cyprus (USD bn) -3.624 2029 yearly 1980 - 2029
Czech Republic (USD bn) 2.915 2029 yearly 1995 - 2029
Democratic Republic of Congo (USD bn) -2.988 2029 yearly 1980 - 2029
Denmark (USD bn) 42.035 2029 yearly 1980 - 2029
Djibouti (USD bn) 0.380 2029 yearly 1991 - 2029
Dominica (USD bn) -0.136 2029 yearly 2000 - 2029
Dominican Republic (USD bn) -4.947 2029 yearly 1980 - 2029
Ecuador (USD bn) 3.608 2029 yearly 1980 - 2029
Egypt (USD bn) -22.028 2029 yearly 1980 - 2029
El Salvador (USD bn) -1.305 2029 yearly 1980 - 2029
Equatorial Guinea (USD bn) -0.968 2029 yearly 1987 - 2029
Eritrea (USD bn) 0.257 2019 yearly 1992 - 2019
Estonia (USD bn) -1.545 2029 yearly 1993 - 2029
Swaziland (USD bn) 0.066 2029 yearly 1980 - 2029
Ethiopia (USD bn) -6.377 2029 yearly 1980 - 2029
Fiji (USD bn) -0.568 2029 yearly 1980 - 2029
Finland (USD bn) -3.245 2029 yearly 1980 - 2029
France (USD bn) -4.507 2029 yearly 1980 - 2029
Gabon (USD bn) -1.367 2028 yearly 1980 - 2028
Gambia (USD bn) -0.046 2029 yearly 1980 - 2029
Georgia (USD bn) -2.751 2029 yearly 1995 - 2029
Germany (USD bn) 310.516 2029 yearly 1980 - 2029
Ghana (USD bn) -2.128 2029 yearly 1980 - 2029
Greece (USD bn) -10.465 2029 yearly 1980 - 2029
Grenada (USD bn) -0.152 2029 yearly 2014 - 2029
Guatemala (USD bn) 0.184 2029 yearly 1980 - 2029
Guinea (USD bn) -2.577 2029 yearly 1980 - 2029
Guinea-Bissau (USD bn) -0.127 2029 yearly 1980 - 2029
Guyana (USD bn) 8.231 2029 yearly 1980 - 2029
Haiti (USD bn) -0.463 2029 yearly 1980 - 2029
Honduras (USD bn) -1.912 2029 yearly 1980 - 2029
Hong Kong SAR, China (USD bn) 43.397 2029 yearly 1980 - 2029
Hungary (USD bn) 4.539 2029 yearly 1980 - 2029
Iceland (USD bn) 0.224 2029 yearly 1980 - 2029
India (USD bn) -139.437 2029 yearly 1980 - 2029
Indonesia (USD bn) -29.041 2029 yearly 1980 - 2029
Iran (USD bn) 17.997 2029 yearly 1980 - 2029
Iraq (USD bn) -22.319 2029 yearly 2001 - 2029
Ireland (USD bn) 53.932 2029 yearly 1980 - 2029
Israel (USD bn) 27.247 2029 yearly 1980 - 2029
Italy (USD bn) 68.336 2029 yearly 1980 - 2029
Ivory Coast (USD bn) -3.091 2029 yearly 1980 - 2029
Jamaica (USD bn) -0.506 2029 yearly 1980 - 2029
Japan (USD bn) 156.819 2029 yearly 1980 - 2029
Jordan (USD bn) -2.793 2029 yearly 1980 - 2029
Kazakhstan (USD bn) -13.182 2029 yearly 1992 - 2029
Kenya (USD bn) -5.665 2029 yearly 1980 - 2029
Kiribati (USD bn) 0.035 2029 yearly 1980 - 2029
South Korea (USD bn) 97.775 2029 yearly 1980 - 2029
Kosovo (USD bn) -1.071 2029 yearly 2000 - 2029
Kuwait (USD bn) 25.453 2029 yearly 1980 - 2029
Kyrgyzstan (USD bn) -1.291 2029 yearly 1992 - 2029
Laos (USD bn) 0.176 2029 yearly 1980 - 2029
Latvia (USD bn) -1.914 2029 yearly 1992 - 2029
Lebanon (USD bn) -5.647 2023 yearly 1980 - 2023
Lesotho (USD bn) -0.060 2029 yearly 1980 - 2029
Liberia (USD bn) -1.080 2029 yearly 2000 - 2029
Libya (USD bn) 5.770 2029 yearly 1980 - 2029

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Taiwan Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 1.9 2022 yearly 1981 - 2022
Consolidated Fiscal Balance (USD mn) 14,792.683 2022 yearly 1984 - 2022
Tax Revenue (USD mn) 10,832.953 Oct 2024 monthly Oct 1983 - Oct 2024
Tax Revenue: % of GDP (%) 12.2 Sep 2024 quarterly Mar 1975 - Sep 2024
National Government Debt (USD mn) 223,824.2 2023 yearly 1996 - 2023
Government Debt: % of GDP (%) 29.0 2023 yearly 1996 - 2023
Forecast: Government Expenditure (NTD bn) 5,932.852 2029 yearly 1980 - 2029
Forecast: Government Net Debt (NTD bn) 5,303.438 2029 yearly 1997 - 2029
Forecast: Government Revenue (NTD bn) 5,591.601 2029 yearly 1980 - 2029
General Government Revenue (NTD mn) 4,489,271.000 2018 yearly 1981 - 2018
General Government Revenue: Taxes on Production and Imports (NTD mn) 1,119,106.000 2018 yearly 1981 - 2018
General Government Expenditure (NTD mn) 4,373,926.000 2018 yearly 1981 - 2018
General Government Savings (NTD mn) 115,345.000 2018 yearly 1981 - 2018
General Government Net Expenditure: Current (NTD mn) 3,275,399.000 2023 yearly 1974 - 2023
General Govt Financing: Net Borrowing (NTD mn) 117,371.000 2023 yearly 1974 - 2023
General Government Net Expenditure: Capital (NTD mn) 759,309.000 2023 yearly 1974 - 2023
General Govt Net Rev: Current: Taxes: Direct (NTD mn) 2,375,496.772 2023 yearly 1974 - 2023
General Govt Net Rev: Current: Taxes: Indirect (NTD mn) 1,080,661.145 2023 yearly 1974 - 2023
Govt Debt: Outstanding: Non Self-Redeeming Debt Maturity >=1 Yr (NS) (NTD mn) 6,853,497.000 2023 yearly 1996 - 2023
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 3.724 2029 yearly 1980 - 2029
Trade Balance (USD mn) 7,039.3 Oct 2024 monthly Jan 2008 - Oct 2024
Total Exports (USD mn) 40,465.0 Oct 2024 monthly Jan 2008 - Oct 2024
Total Exports Growth (%) 9.5 Oct 2024 monthly Jan 2009 - Oct 2024
Aluminum: Exports (USD th) 879,417.551 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 564,813.385 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 271,952.564 2022 yearly 1995 - 2022
Total Imports (USD mn) 33,425.7 Oct 2024 monthly Jan 2008 - Oct 2024
Total Imports Growth (%) 10.0 Oct 2024 monthly Jan 2009 - Oct 2024
Imports: Medicament (USD th) 11,058,516.684 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 3,465,170.025 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 8,653.456 Oct 2024 monthly Jan 1988 - Oct 2024
Total Imports from USA (USD mn) 3,392.934 Oct 2024 monthly Jan 1986 - Oct 2024
Total Exports to China (USD mn) 8,684.701 Oct 2024 monthly Aug 1992 - Oct 2024
Total Imports from China (USD mn) 7,055.954 Oct 2024 monthly Jul 1991 - Oct 2024
Trade Balance: Custom Clearance: Include Re Export & Re Import (NTD mn) 254,836.400 Nov 2024 monthly Jan 1981 - Nov 2024
Trade Balance: Custom Clearance: USD: Seasonally Adjusted (USD mn) 7,039.300 Oct 2024 monthly Jan 2008 - Oct 2024
Export: Include Re Export: Singapore (NTD mn) 90,030.000 Oct 2024 monthly Jan 1988 - Oct 2024
Import: Include Re Import: Saudi Arabia (NTD mn) 17,675.000 Oct 2024 monthly Jan 1988 - Oct 2024
Net Terms of Trade: Reference Year=2016: Chain Linked (2016=100) 92.93 Jun 2018 monthly Jan 2011 - Jun 2018
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 10,658.0 Sep 2024 quarterly Mar 1981 - Sep 2024
Current Account Balance (USD mn) 27,477.0 Sep 2024 quarterly Mar 1974 - Sep 2024
Current Account Balance: % of GDP (%) 13.8 Sep 2024 quarterly Mar 1974 - Sep 2024
Foreign Direct Investment (USD mn) 2,647.0 Sep 2024 quarterly Mar 1981 - Sep 2024
Foreign Direct Investment: % of GDP (%) 1.3 Sep 2024 quarterly Mar 1981 - Sep 2024
Foreign Portfolio Investment (USD mn) -17,812.000 Sep 2024 quarterly Mar 1981 - Sep 2024
Foreign Portfolio Investment: % of GDP (%) -8.9 Sep 2024 quarterly Mar 1981 - Sep 2024
Foreign Portfolio Investment: Equity Securities (USD mn) -18,881.0 Sep 2024 quarterly Mar 1981 - Sep 2024
Foreign Portfolio Investment: Debt Securities (USD mn) 1,069.000 Sep 2024 quarterly Mar 1981 - Sep 2024
External Debt (USD mn) 212,533.0 Sep 2024 quarterly Jun 1999 - Sep 2024
External Debt: % of GDP (%) 27.3 2023 yearly 1999 - 2023
External Debt: Short Term (USD mn) 193,498.0 Sep 2024 quarterly Jun 1999 - Sep 2024
External Debt: Short Term: % of GDP (%) 25.2 2023 yearly 1999 - 2023
Total Debt: % of GDP (%) 876.7 2022 yearly 2000 - 2022
Forecast: Current Account Balance (USD bn) 170.549 2029 yearly 1984 - 2029
Net International Investment Position (USD mn) 1,735,302.000 2023 yearly 2000 - 2023
BoP: Net Errors and Omissions (USD mn) -1,359.000 Sep 2024 quarterly Mar 1984 - Sep 2024
BoP: FA: Reserve Assets (USD mn) 1,610.000 Sep 2024 quarterly Mar 1984 - Sep 2024
BoP: CU: GS: Goods: Credit (USD mn) 109,703.000 Sep 2024 quarterly Mar 1984 - Sep 2024
BoP: CU: GS: Goods: Debit (USD mn) 80,533.000 Sep 2024 quarterly Mar 1984 - Sep 2024
BoP: CU: GS: Services (SV) (USD mn) -4,600.000 Sep 2024 quarterly Mar 1984 - Sep 2024
BoP: CU: PI: Credit (USD mn) 15,405.000 Sep 2024 quarterly Mar 1984 - Sep 2024
BoP: CU: GS: SV: Credit (USD mn) 14,927.000 Sep 2024 quarterly Mar 1984 - Sep 2024
BoP: CU: Primary Income (PI) (USD mn) 4,280.000 Sep 2024 quarterly Mar 1984 - Sep 2024
BoP: CU: GS: SV: Debit (USD mn) 19,527.000 Sep 2024 quarterly Mar 1984 - Sep 2024
Bop: CU: Secondary Income (USD mn) -1,373.000 Sep 2024 quarterly Mar 1984 - Sep 2024
Bop: CU: Secondary Income: Debit (USD mn) 3,602.000 Sep 2024 quarterly Mar 1984 - Sep 2024
BoP: CU: PI: Debit (USD mn) 11,125.000 Sep 2024 quarterly Mar 1984 - Sep 2024
Bop: CU: Secondary Income: Credit (USD mn) 2,229.000 Sep 2024 quarterly Mar 1984 - Sep 2024
BoP: CU: GS: Goods (USD mn) 29,170.000 Sep 2024 quarterly Mar 1984 - Sep 2024
BoP: Current Account (CU) (USD mn) 27,477.000 Sep 2024 quarterly Mar 1984 - Sep 2024
BoP: FA: Direct Investment (DI) (USD mn) 8,011.000 Sep 2024 quarterly Mar 1984 - Sep 2024
BoP: FA: DI: Net Incurrence of Liabilities (NI) (USD mn) 2,647.000 Sep 2024 quarterly Mar 1984 - Sep 2024
BoP: FA: PI: Net Acquisition of Financial Assets (NA) (USD mn) 6,500.000 Sep 2024 quarterly Mar 1984 - Sep 2024
BoP: FA: OI: Net Acquisition of Financial Assets (NA) (USD mn) 2,650.000 Sep 2024 quarterly Mar 1984 - Sep 2024
BoP: FA: OI: Net Incurrence of Liabilities (NI) (USD mn) 10,187.000 Sep 2024 quarterly Mar 1984 - Sep 2024
BoP: FA: DI: Net Acquisition of Financial Assets (NA) (USD mn) 10,658.000 Sep 2024 quarterly Mar 1984 - Sep 2024
BoP: FA: PI: Net Incurrence of Liabilities (NI) (USD mn) -17,812.000 Sep 2024 quarterly Mar 1984 - Sep 2024
BoP: FA: Other Investment (OI) (USD mn) -7,537.000 Sep 2024 quarterly Mar 1984 - Sep 2024
BoP: FA: Portfolio Investment (PI) (USD mn) 24,312.000 Sep 2024 quarterly Mar 1984 - Sep 2024
International Investment Position (IIP): Assets (USD mn) 2,909,567.000 2023 yearly 2000 - 2023
IIP: Liabilities (Liab) (USD mn) 1,174,265.000 2023 yearly 2000 - 2023
IIP: Net (USD mn) 1,735,302.000 2023 yearly 2000 - 2023
Cross-Strait Finance: All Banks: Inward Remittance (USD mn) 26,773.000 Aug 2024 monthly Jan 2005 - Aug 2024
Cross-Strait Finance: All Banks: Outward Remittance (USD mn) 31,294.000 Aug 2024 monthly Jan 2005 - Aug 2024
Approved Foreign Investment: China (USD mn) 0.306 May 2023 monthly Jul 2009 - May 2023
AFI: Manufacturing (Mfg) (USD mn) 139.325 Nov 2024 monthly Jan 2006 - Nov 2024
AFI: Finance and Insurance (USD mn) 227.668 Nov 2024 monthly Jan 2006 - Nov 2024
AFI: Wholesale & Retail Trade (USD mn) 67.746 Nov 2024 monthly Jan 2006 - Nov 2024
AFI: Information & Communication (USD mn) 189.652 Nov 2024 monthly Jan 2006 - Nov 2024
AFI: Real Estate (USD mn) 14.677 Nov 2024 monthly Jan 2006 - Nov 2024
App Outward Investment: China: IN: Incl Supplementary Application (USD mn) 184.407 Nov 2024 monthly Jul 2002 - Nov 2024
No of Company: Registered (RG): Total (Unit) 789,444.000 Oct 2024 monthly Dec 2001 - Oct 2024
No of Company: Newly Registered (NR): Total (Unit) 3,591.000 Oct 2024 monthly Jan 2002 - Oct 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 0.1 Oct 2024 monthly Jan 2004 - Oct 2024
Household Debt: % of GDP (%) 88.1 2022 yearly 2000 - 2022
Non-Performing Loans (USD mn) 2,086.848 Oct 2024 monthly Jan 2004 - Oct 2024
Money Supply M1 (USD mn) 357,743.768 Oct 2024 monthly Jan 1992 - Oct 2024
Money Supply M2 (USD mn) 1,992,539.019 Oct 2024 monthly Jan 1992 - Oct 2024
M2 Growth (%) 5.8 Oct 2024 monthly Jan 1993 - Oct 2024
Reserve Requirement Ratio (%) 5.0 Nov 2024 monthly Dec 1988 - Nov 2024
Foreign Exchange Reserves (USD mn) 577,974.0 Nov 2024 monthly Mar 1969 - Nov 2024
Foreign Exchange Reserves: % of GDP (%) 5.000 Nov 2024 monthly Dec 1988 - Nov 2024
Foreign Exchange Reserves: Months of Import (NA) 17.5 Nov 2024 monthly Jan 1981 - Nov 2024
Gold Reserves (USD mn) 4,843.000 Oct 2024 monthly Jun 1998 - Oct 2024
Total Deposits (USD mn) 1,595,599.969 Oct 2024 monthly May 1987 - Oct 2024
Total Deposits Growth (%) 6.7 Oct 2024 monthly May 1988 - Oct 2024
Domestic Credit (USD mn) 1,558,591.1 Oct 2024 monthly Oct 1983 - Oct 2024
Domestic Credit Growth (%) 9.0 Oct 2024 monthly Jul 1962 - Oct 2024
Household Debt (USD mn) 674,808.7 2022 yearly 2000 - 2022
Total Loans (USD mn) 1,204,698.907 Oct 2024 monthly Jan 1997 - Oct 2024
Total Loans Growth (%) 9.97 Oct 2024 monthly Jan 1998 - Oct 2024
Private Debt: % of Nominal GDP (%) 143.66 Sep 2024 quarterly Mar 1997 - Sep 2024
Money Supply M1A: Monthly Average: sa (NTD mn) 11,451,378.000 Oct 2024 monthly Jan 1992 - Oct 2024
Money Supply M1B: Monthly Average: sa (NTD mn) 27,884,178.000 Oct 2024 monthly Jan 1992 - Oct 2024
Money Supply M2: Monthly Average (NTD mn) 63,385,514.000 Oct 2024 monthly Jan 1982 - Oct 2024
Money Supply M2: Monthly Average: sa (NTD mn) 63,781,174.000 Oct 2024 monthly Jan 1992 - Oct 2024
Deposits: All Banks: Total (NTD mn) 33,707,077.00 May 2018 monthly Jan 1997 - May 2018
Deposits: All Banks: EI: Private Enterprises (NTD mn) 9,560,447.00 May 2018 monthly Jan 1997 - May 2018
Deposits: All Banks: EI: Individuals and Others (NTD mn) 23,230,475.00 May 2018 monthly Jan 1997 - May 2018
Loans & Discounts (L&D): All Banks: Total (NTD mn) 24,989,912.00 May 2018 monthly Jan 1997 - May 2018
L&D: All Banks: PG: Private Enterprises (NTD mn) 10,921,290.00 May 2018 monthly Jan 1997 - May 2018
Consumer Loans: Outstanding: Domestic Bk, Foreign Bk, Med Bus Bk(DB) (NTD mn) 8,093,874.00 Jun 2018 monthly Jul 1988 - Jun 2018
Consumer Loans: Outstanding: DB: House Purchasing (NTD mn) 6,784,321.00 Jun 2018 monthly Jul 1988 - Jun 2018
Past Due Loan: Total (NTD mn) 76,400.00 May 2018 monthly Jan 2004 - May 2018
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) -3.2 Mar 2018 monthly May 2013 - Mar 2018
Lagging Composite Index: sa (NA) 89.936 Oct 2024 monthly Jan 1982 - Oct 2024
Coincident Composite Index: sa (NA) 96.157 Oct 2024 monthly Jan 1982 - Oct 2024
Leading Composite Index: sa (NA) 94.066 Oct 2024 monthly Jan 1982 - Oct 2024
TIER: Manufacturing Industry Sentiment Index (2006=100) 93.120 Oct 2024 monthly Sep 2007 - Oct 2024
TIER: Service Industry Sentiment Index (2006=100) 92.150 Oct 2024 monthly Dec 2008 - Oct 2024
TIER: Construction Industry Sentiment Index (2006=100) 103.830 Oct 2024 monthly Apr 2010 - Oct 2024
Purchasing Manager Index (PMI): Manufacturing: sa (%) 58.30 Jun 2018 monthly Jul 2012 - Jun 2018

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