Taiwan current account

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Taiwan current account: 29110 (-16.45%)
Last Update: March 31, 2024

Taiwan current account closed down 29110 as of March 31, 2024 from 34840 from the previous month and 26093 from last year.


Taiwan current account Analytics & Data




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Taiwan current account

DateValues
2024-03-31 29110
2023-12-31 34840
2023-09-30 27220
2023-06-30 22287
2023-03-31 19245
2022-12-31 23074
2022-09-30 22124
2022-06-30 24132
2022-03-31 31694
2021-12-31 31720
2021-09-30 27013
2021-06-30 29640
2021-03-31 26093
2020-12-31 27355
2020-09-30 29697
2020-06-30 21769
2020-03-31 18110
2019-12-31 16969
2019-09-30 13638
2019-06-30 17415
2019-03-31 17119
2018-12-31 20512
2018-09-30 10901
2018-06-30 17570

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Taiwan current account Statistics


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlopePercentileUpdate
current accounttw.currentaccount29110.034840-1612UPUP362024-03-31

Taiwan current account Factors

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Taiwan current account Historical Data

The MacroVar database offers free access to historical data for the Taiwan current account, 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 data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Taiwan current account

The Taiwan current account is a measure of the country's financial position in terms of its international trade and investment. It includes the balance of trade, which measures the value of exports versus imports, as well as income from investments abroad and payments to foreign investors. A positive current account balance indicates that a country is earning more from its exports and investments than it is spending on imports and foreign investments, whereas a negative balance indicates the opposite. Taiwan has historically maintained a significant current account surplus due to its strong export-oriented economy, particularly in electronics and technology products. This surplus has allowed Taiwan to accumulate foreign reserves and invest in foreign assets, contributing to its overall economic stability and growth.

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