Taiwan Government Budget

Taiwan recorded a Government Budget deficit equal to 1.60 percent of the countrys Gross Domestic Product in 2012. Government Budget in Taiwan is reported by the Central Bank of the Republic of China (TAIWAN). From 1988 until 2012, Taiwan Government Budget averaged -1.8 Percent of GDP reaching an all time high of 1.8 Percent of GDP in December of 1990 and a record low of -6.3 Percent of GDP in December of 2001. 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. This page provides - Taiwan Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-23

Actual Previous Highest Lowest Forecast Dates Unit Frequency
-1.60 -1.90 1.80 -6.30 -1.11 | 2014/06 1988 - 2012 Percent of GDP Yearly

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Taiwan Government Budget
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Government Last Previous Highest Lowest Forecast Unit
Credit Rating 81.32 [+]
Government Budget -1.60 2012-12-31 -1.90 1.80 -6.30 -1.11 2014-06-30 Percent of GDP [+]
Government Budget Value -281.54 2013-06-30 660.50 1279.60 -281.54 -783.10 2014-06-30 TWD Billion [+]
Government Spending 405018.00 2013-11-15 404002.00 408825.00 133471.00 405108.49 2014-06-30 TWD Million [+]
Government Debt To GDP 42.40 2012-12-31 40.70 42.40 22.60 45.14 2014-06-30 Percent [+]
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Government Budget | Notes
A government budget is a legal document that forecasts the government expenditures and revenues for a specific period of time. The period covered by a budget is usually a year, known as a financial or fiscal year, which may or may not correspond with the calendar year. A government budget is often passed by the legislature, and approved by the chief executive or president.


RELATED NEWS

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.
Taiwan Productivity at 102.11 Index Points  
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.
Taiwan Current Account at 17138.00 USD Million  
Taiwan recorded a Current Account surplus of 17138 USD Million in the fourth quarter of 2013. Current Account in Taiwan is reported by the Central Bank of the Republic of China (Taiwan).
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