Taiwan loan growth


Taiwan loan growth: 7.59 (5.42%)
Last Update: April 30, 2024

Taiwan loan growth closed down 7.59 as of April 30, 2024 from 7.2 from the previous month and 5.56 from last year.


Taiwan loan growth Analytics & Data




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Taiwan loan growth

DateValues
2024-04-30 7.59
2024-03-31 7.2
2024-02-29 6.47
2024-01-31 5.56
2023-12-31 5.3
2023-11-30 4.8
2023-10-31 4.48
2023-09-30 4.65
2023-08-31 4.98
2023-07-31 5.13
2023-06-30 4.49
2023-05-31 5.82
2023-04-30 5.56
2023-03-31 6.62
2023-02-28 6.6
2023-01-31 6.78
2022-12-31 7.94
2022-11-30 8.41
2022-10-31 8.34
2022-09-30 8.19
2022-08-31 8.12
2022-07-31 7.85
2022-06-30 7.48
2022-05-31 8.17

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Taiwan loan growth Statistics


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlopePercentileUpdate
loan growthtw.loangrowth7.597.2537UPUP912024-04-30

Taiwan loan growth Factors

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Taiwan loan growth Historical Data

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

What is the Taiwan loan growth

Taiwan has experienced significant loan growth in recent years, with both individuals and businesses taking advantage of low interest rates to borrow money for various purposes. This increase in lending has been driven by strong domestic demand and robust economic growth, as well as government initiatives to stimulate investment and consumption. The banking sector has played a key role in facilitating this loan growth, offering a wide range of products and services to meet the diverse needs of borrowers. As a result, Taiwan's economy has benefited from increased consumer spending, business expansion, and overall financial stability. However, there are concerns about rising levels of household debt and potential risks to the banking system, which will need to be carefully monitored and managed in the years ahead.