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Taiwan Government Budget: Revenues and Spending

Taiwan Government Budget Data

Indicator Data Period
Government Budget Value -375 TWD Billion | -11.692 B USD 2023
Government Spending 725920 TWD Million | 22.633 B USD 2Q/23
Government Revenues 3472 TWD Billion | 108.253 B USD 2023
Government Budget to GDP -0.5 % 2021


Latest data on Government Budget Value (TWD Billion)

Government Budget Value
                     Taiwan - Historical Data (TWD Billion)

How much is Taiwan Government Budget?

  • The deficit of government budget in Taiwan decreased to 375 TWD Billion (11.692 B USD) in 2023. The maximum surplus was 60.87 TWD Billion and deficit was -557 TWD Billion.
  • Data published Yearly by Ministry of Finance.

Historical Data (TWD Billion) by years

Data
Period
Date
-375 2023 29.04.2023
-313 2022 02.07.2022
-456 2021 01.05.2021
-134 2020 19.04.2021
-244.2 2016 11.08.2017
-256.61 2015 31.12.2015
-331.24 2014 31.12.2014
660.5 2013 31.12.2013


Historical Chart by prime ministers (TWD Billion)

Government Budget Value in Taiwan by prime ministers

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Tsai Ing-wen 26.05.2016 - -244.2000 -244.2000 -244.2000 -244.2000 0.00%
Ma Ying-jeou 20.05.2008 - 26.05.2016 1004.8000 -256.6100 1004.8000 -331.2400 -125.54%
Chen Shui-bian 20.05.2000 - 20.05.2008 377.4000 1094.0000 1094.0000 377.4000 189.88%


Latest data on Government Spending (TWD Million)

Government Spending
                     Taiwan - Historical Data (TWD Million)

What is current Taiwan Government Spending?

  • Government Spending in Taiwan increased to 725920 TWD Million (22.633 B USD) in the second quarter of 2023. The maximum volume was 680361 TWD Million and minimum was 133471 TWD Million
  • Data published Quarterly by Directorate General of Budget, Accounting and Statistics.

Historical Data (TWD Million) by years

Data
Period
Date
725920 2Q/23 19.08.2023
719721 1Q/23 26.05.2023
731494 4Q/22 25.02.2023
714117 3Q/22 03.12.2022
709658 2Q/22 12.08.2022
686228 1Q/22 27.05.2022
699079 4Q/21 25.02.2022
696877 3Q/21 18.01.2022


Historical Chart by prime ministers (TWD Million)

Government Spending in Taiwan by prime ministers

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Tsai Ing-wen 26.05.2016 - 578876.0000 588658.0000 592153.0000 570809.0000 1.69%
Ma Ying-jeou 20.05.2008 - 26.05.2016 507338.0000 598708.0000 598708.0000 505128.0000 18.01%
Chen Shui-bian 20.05.2000 - 20.05.2008 478028.0000 505968.0000 512502.0000 464739.0000 5.84%


Latest data on Government Revenues (TWD Billion)

Government Revenues
                     Taiwan - Historical Data (TWD Billion)

How much is Taiwan Government Revenue?

  • Government Revenues in Taiwan increased to 3472 TWD Billion (108.253 B USD) in 2023. The maximum volume was 2942 TWD Billion and minimum was 110 TWD Billion
  • Data published Yearly by Ministry of Finance.

Historical Data (TWD Billion) by years

Data
Period
Date
3472 2023 29.04.2023
3123 2022 02.07.2022
2875 2021 01.05.2021
2942 2020 09.05.2020
2802 2019 04.05.2019
2731.2 2018 21.06.2018


Historical Chart by prime ministers (TWD Billion)

Government Revenues in Taiwan by prime ministers

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Tsai Ing-wen 26.05.2016 - 2731.2000 2731.2000 2731.2000 2731.2000 0.00%


Latest data on Government Budget to GDP (%)

Government Budget to GDP
                     Taiwan - Historical Data (%)

What is the deficit of Taiwan Government Budget?

  • The deficit of Current Account to GDP in Taiwan increased to 0.5 % in 2021. The maximum surplus was 1.8 % and deficit was -6.3 %.
  • Data published Yearly by National Statistics.

Historical Data (%) by years

Data
Period
Date
-0.5 2021 14.11.2022
-4.5 2020 28.02.2021
-1.3 2019 10.08.2020
-1.9 2018 29.10.2019
-1.4 2016 04.07.2019


Historical Chart by prime ministers (%)

Government Budget to GDP in Taiwan by prime ministers

Name Period Start Data End Data Max Value Min Value CHG% Start/End

Other budget indicators in Taiwan

Index Updated Actual Previous
Government Debt to GDP 2019 28.2 % 29.3
Fiscal Expenditure  2023 119.976 B USD 107.099
Military Expenditure 2022 12.509 B USD 12.894

Government Budget to GDP in other countries

Country Updated Actual Previous
Bangladesh 2022 5.06 % -6.23
Jordan 2022 -4.6 % -5.4
Kyrgyzstan 2022 -1.1 % -0.2
Mongolia 2022 -1.9 % -6.8
Nepal 2022 -5.4 % -6.1
Palestine 2022 3.6 % 1.9
Tajikistan 2022 0.3 % 0.2
Cambodia 2021 -7.3 % -3.7
China 2022 -7.4 % -6.1
Georgia 2022 -3 % -6
India 2022 -6.44 % -6.72
Israel 2022 0.6 % -4.4
Pakistan 2022 -7.9 % -6.1
South Korea 2022 -7 % -5.2
Taiwan 2021 -0.5 % -2.9
Vietnam 2021 -3.41 % -3.2
Maldives 2022 -14.3 % -13.8
Armenia 2022 -2.5 % -4.6
Hong Kong 2022 -5 % -3.6
Indonesia 2022 -2.38 % -4.65
Japan 2022 -6.4 % -5.1
Kazakhstan 2022 -2.3 % -5
Lebanon 2020 -3.5 % -10.4
Malaysia 2022 -5.6 % -6.4
Philippines 2022 -7.3 % -8.6
Qatar 2022 0 % 0.2
Singapore 2022 -0.3 % -0.9
Sri Lanka 2022 -10.2 % -11.7
Thailand 2022 -4.9 % -9.1
Oman 2022 2.6 % -3.6
Iran 2022 -4 % -4.2
Laos 2022 -0.3 % -1.3
Azerbaijan 2022 -1 % -1.1
Kuwait 2022 11.6 % 2.3
Saudi Arabia 2022 2.5 % -2.3
Bahrain 2022 -5.6 % -11.6
United Arab Emirates 2021 0.8 % -4.9
Yemen 2018 -4.4 % -4.8
Turkmenistan 2022 1 % -0.3
Uzbekistan 2022 -4 % -6
Iraq 2022 6.4 % -0.4
Syria 2012 -11.4 % -1.14
Afghanistan 2021 -4.5 % -3.4
Bhutan 2022 -7.8 % -6.3
Brunei 2021 -5.4 % -19.6
Mauritius 2021 -5.4 % -5.6