USDTWD.ai Taiwan Macro Atlas

Taiwan External Surplus vs GDP, 2024

Current-account surplus hit 14.3% of GDP; goods surplus was about 10.1%.

Economy
Taiwan External Surplus vs GDP, 2024: Current-account surplus hit 14.3% of GDP; goods surplus was about 10.1%.

What the Data Shows

Taiwan’s 2024 external surplus was large relative to the size of its economy. The current-account surplus reached 14.3% of GDP, while the goods-trade surplus was about 10.1% of implied GDP. The same view separates the broader balance-of-payments surplus from the narrower customs goods surplus.

Data table

CA surplus/GDP 14.3% CBC BOP
Goods surplus/GDP 10.1% Derived
CA surplus US$113.8bn CBC BOP
Goods surplus US$80.5bn MOF customs
Derived GDP US$796.0bn CA surplus ÷ 14.3%

Data notes & caveats

Goods trade uses customs exports and imports. GDP is implied from CBC’s official current-account surplus-to-GDP ratio, so the goods-surplus/GDP measure is derived.

Methodology

MOF goods surplus = exports minus imports. Implied nominal GDP = CBC current-account surplus divided by CBC’s 14.3% GDP ratio. Values are rounded.