Taiwan Current Account to GDP

Taiwan recorded a Current Account surplus of 10.50 percent of the countrys Gross Domestic Product in 2012. Current Account to GDP in Taiwan is reported by the Central Bank of the Republic of China (TAIWAN). From 1980 until 2012, Taiwan Current Account to GDP averaged 6.9 Percent reaching an all time high of 21.0 Percent in December of 1986 and a record low of -1.9 Percent in December of 1980. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Taiwan Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-23

Actual Previous Highest Lowest Forecast Dates Unit Frequency
10.50 8.40 21.00 -1.90 11.85 | 2014/06 1980 - 2012 Percent Yearly

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Taiwan Current Account to GDP
LIST BY COUNTRY

Trade Last Previous Highest Lowest Forecast Unit
Balance of Trade 59225.00 2014-03-15 47593.00 136891.00 -21150.00 65919.94 2014-06-30 TWD Million [+]
Current Account 17138.00 2013-11-15 14914.00 17138.00 -851.00 16809.91 2014-06-30 USD Million [+]
Exports 841600.00 2014-03-15 644571.00 841600.00 50577.00 787708.67 2014-06-30 TWD Million [+]
External Debt 160848.00 2013-09-30 141996.00 160848.00 31705.00 169035.05 2014-06-30 USD Million [+]
Imports 782375.00 2014-03-15 596978.00 782375.00 48050.00 731121.51 2014-06-30 TWD Million [+]
Remittances 36.00 2013-11-15 36.00 49.00 8.00 37.09 2014-06-30 USD Million [+]
Terms of Trade 103.00 2014-03-15 102.50 182.80 98.50 102.49 2014-06-30 Index Points [+]
Tourist Arrivals 364.95 2014-02-15 335.30 457.63 35.20 396.66 2014-06-30 Thousand [+]
Current Account to GDP 10.50 2012-12-31 8.40 21.00 -1.90 11.85 2014-06-30 Percent [+]
[+]


Current Account to GDP | Notes
The Current account balance as a percent of GDP provides an indication on the level of international competiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.


RELATED NEWS

Taiwan Manufacturing PMI at 52.70  
Manufacturing PMI in Taiwan decreased to 52.70 in March of 2014 from 54.70 in February of 2014.
Taiwan Industrial Production at 3.05 Percent  
Industrial Production in Taiwan increased 3.05 percent in March of 2014 over the same month in the previous year. Industrial Production in Taiwan is reported by the Ministry of Economic Affairs, R.O.C.
Taiwan Unemployment Rate at 4.06 Percent  
Unemployment Rate in Taiwan increased to 4.06 percent in March of 2014 from 4.05 percent in February of 2014. Unemployment Rate in Taiwan is reported by the National Statistics, Republic of China.
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Productivity in Taiwan increased to 102.11 Index Points in January of 2014 from 97.35 Index Points in December of 2013. Productivity in Taiwan is reported by the DGBAS, Taiwan.
Taiwan Producer Prices at 97.00 Index Points  
Producer Prices in Taiwan decreased to 97 Index Points in March of 2014 from 97.39 Index Points in February of 2014. Producer Prices in Taiwan is reported by the DGBAS, Taiwan.
Taiwan Remittances at 36.00 USD Million  
Remittances in Taiwan remained unchanged at 36 USD Million in the fourth quarter of 2013 from 36 USD Million in the third quarter of 2013. Remittances in Taiwan is reported by the Central Bank of the Republic of China (Taiwan).
Taiwan Terms of Trade at 103.00 Index Points  
Terms of Trade in Taiwan increased to 103 Index Points in March of 2014 from 102.50 Index Points in February of 2014. Terms of Trade in Taiwan is reported by the DGBAS, Taiwan.
Taiwan Tourist Arrivals at 364.95 Thousand  
Tourist Arrivals in Taiwan increased to 364.95 Thousand in February of 2014 from 335.30 Thousand in January of 2014. Tourist Arrivals in Taiwan is reported by the DGBAS, Taiwan.
Taiwan Unemployed Persons at 466.00 Thousand  
The number of unemployed persons in Taiwan decreased to 466 Thousand in February of 2014 from 468 Thousand in January of 2014. Unemployed Persons in Taiwan is reported by the DGBAS, Taiwan.
Taiwan Average Monthly Wages in Manufacturing at 81895.00 TWD  
Wages in Manufacturing in Taiwan increased to 81895 TWD in January of 2014 from 44034 TWD in December of 2013. Wages in Manufacturing in Taiwan is reported by the DGBAS, Taiwan.
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