Taiwan current account to gdp

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Taiwan current account to gdp: 11.8 (-11.28%)
Last Update: December 31, 2023

Taiwan current account to gdp closed down 11.8 as of December 31, 2023 from 13.3 from the previous month and 8.4 from last year.


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Taiwan current account to gdp

Date Values
2023-12-31 11.8
2022-12-31 13.3
2021-12-31 15.2
2020-12-31 14.2
2019-12-31 10.5
2018-12-31 11.6
2017-12-31 14.7
2016-12-31 13.7
2015-12-31 14.3
2014-12-31 12
2013-12-31 10.8
2012-12-31 9.8
2011-12-31 8.4
2010-12-31 9.3
2009-12-31 11.4
2008-12-31 6.9
2007-12-31 8.9
2006-12-31 7
2005-12-31 4.8
2004-12-31 5.8
2003-12-31 9.8
2002-12-31 8.8
2001-12-31 6.4
2000-12-31 2.7

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Taiwan current account to gdp Statistics


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
current account to gdp tw.currentaccountgdp 11.8 13.3 -11 40 Down UP 0 2023-12-31

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Taiwan current account to gdp Historical Data

The MacroVar database offers free access to historical data for the Taiwan current account to gdp, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Taiwan current account to gdp data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Taiwan current account to gdp

The current account to GDP ratio in Taiwan is a crucial indicator of the country's economic health and its ability to sustain growth. This ratio measures the balance of trade in goods and services, as well as income and transfers, relative to the size of the economy. A positive current account balance indicates that a country is exporting more than it is importing, which can lead to increased economic growth and stability. In Taiwan's case, a strong current account to GDP ratio reflects the country's competitive exports and efficient use of resources, which can attract foreign investment and support domestic industries. Additionally, a healthy current account balance can help to maintain a stable currency and reduce the risk of economic crises.

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