Current Account Balance: Taiwan Province of China

Analysis# Taiwan Province of China Current Account Balance Taiwan's current account balance stands at 13.1% of GDP in 2026, reflecting a persistently strong external position. This figure sits well below the all-time peak of 20.8% in 1986 but substantially above the historical low of 1.1% in 1998. Since 1984, the metric has increased by 14.9 percentage points overall, demonstrating Taiwan's sustained competitiveness in global trade despite significant economic shifts over four decades. The most notable inflection occurred around 2017, when the balance hovered at 14% before declining to 10.7% by 2019. A sharp recovery followed in 2020-2021, reaching 15%, likely driven by pandemic-related supply chain disruptions favoring Taiwan's semiconductor exports. Recent years show stabilization in the 13-14% range, with 2026 projections suggesting a mild downward trajectory as the surplus gradually moderates from its post-pandemic peaks.