USDTWD.ai Taiwan Macro Atlas

Taiwan Balance-of-Payments Mix, 2024

Goods and primary income drove the US$113.8bn current-account surplus.

What the Data Shows

This breakdown shows what sits beneath Taiwan’s headline current-account surplus. Goods produced a US$100.7bn surplus and primary income added US$30.3bn, while services and secondary income offset part of the gain. The resulting US$113.8bn current-account surplus was the second-highest on record according to CBC.

Data table

Current account US$113.8bn 2024 surplus
Goods balance +US$100.7bn surplus
Services -US$12.4bn deficit
Primary income +US$30.3bn surplus
Secondary inc. -US$4.8bn deficit
GDP ratio 14.3% current acct.

Sources

Source 1: CBC Annual Report 2024 - Balance of Payments

Publisher: Central Bank of the Republic of China (Taiwan)

Dataset/table: Balance of payments table

Units: US$ million

Date checked: 2026-05-12

Evidence: CBC reports 2024 goods balance, services balance, primary income balance, secondary income balance and current-account balance.

Note: CBC reports 2024 goods balance, services balance, primary income balance, secondary income balance and current-account balance.

Data notes & caveats

Positive bars add to the surplus; negative bars offset it. Values may not sum visually after rounding but the unrounded component total equals the current-account balance.

Methodology

Uses CBC Balance of Payments Quarterly figures in the Annual Report 2024. Components are shown on a balance-of-payments basis, not customs trade basis, and are measured in current U.S. dollars.

Source consistency notes

All component balances come from the same CBC balance-of-payments table for 2024.