Taiwan Government Debt: % of GDP

1996 - 2023 | Yearly | % | CEIC Data

Key information about Taiwan Government Debt: % of GDP

  • Taiwan Government debt accounted for 29.0 % of the country's Nominal GDP in Dec 2023, compared with the ratio of 29.5 % in the previous year.
  • Taiwan government debt to GDP ratio data is updated yearly, available from Dec 1996 to Dec 2023.
  • The data reached an all-time high of 39.2 % in Dec 2012 and a record low of 23.7 % in Dec 1998.

CEIC calculates Government Debt as % of Nominal GDP from annual Government Debt and annual Nominal GDP. The Ministry of Finance provides Government Debt in local currency. The Directorate-General of Budget, Accounting and Statistics, Executive Yuan provides Nominal GDP in local currency. Government Debt covers Non Self-Redeeming Debt with Maturity of One Year and Above.


Related information about Taiwan Government Debt: % of GDP

  • In the latest reports, Taiwan National Government Debt reached 223.8 USD bn in Dec 2023.
  • The country's Nominal GDP reached 237.8 USD bn in Sep 2025.

View Taiwan's Government Debt: % of GDP from 1996 to 2023 in the chart:

Taiwan Government Debt: % of GDP

What was Taiwan's Government Debt: % of GDP in 2023?

Taiwan Government debt accounted for 29.0 % of the country's Nominal GDP in Dec 2023, compared with the ratio of 29.5 % in the previous year. See the table below for more data.

Last Previous Min Max Unit Frequency Range
29.0 2023 29.5 2022 23.7 1998 39.2 2012 % yearly 1996 - 2023

Government Debt: % of GDP by Country Comparison

country/region Last Frequency Range
Albania (%) 53.6 Jun 2025 quarterly Sep 2010 - Jun 2025
Algeria (%) 47.8 2024 yearly 1997 - 2024
Argentina (%) 73.3 Jun 2025 quarterly Dec 2004 - Jun 2025
Armenia (%) 50.0 Sep 2025 quarterly Dec 2013 - Sep 2025
Australia (%) 38.3 2024 yearly 1999 - 2024
Austria (%) 82.3 Jun 2025 quarterly Mar 2000 - Jun 2025
Azerbaijan (%) 16.8 2021 yearly 2008 - 2021
Bahrain (%) 96.6 Jun 2025 quarterly Dec 2007 - Jun 2025
Bangladesh (%) 23.8 2025 yearly 2010 - 2025
Belarus (%) 35.9 Mar 2022 quarterly Dec 2003 - Mar 2022
Belgium (%) 106.2 Jun 2025 quarterly Dec 1980 - Jun 2025
Bolivia (%) 27.2 2014 yearly 1998 - 2014
Bosnia and Herzegovina (%) 18.7 2024 yearly 2007 - 2024
Botswana (%) 27.6 Jun 2025 quarterly Jun 2014 - Jun 2025
Brazil (%) 78.1 Sep 2025 quarterly Dec 2006 - Sep 2025
Bulgaria (%) 26.3 Jun 2025 quarterly Mar 2007 - Jun 2025
Cambodia (%) 26.0 2024 yearly 2013 - 2024
Canada (%) 69.3 2025 yearly 1962 - 2025
Chile (%) 43.3 Jun 2025 quarterly Mar 2002 - Jun 2025
China (%) 27.6 Jun 2025 quarterly Mar 2014 - Jun 2025
Colombia (%) 64.0 Jun 2025 quarterly Dec 2005 - Jun 2025
Croatia (%) 57.5 Jun 2025 quarterly Dec 1995 - Jun 2025
Cyprus (%) 60.5 Sep 2025 quarterly Dec 2010 - Sep 2025
Czech Republic (%) 43.8 Jun 2025 quarterly Mar 2000 - Jun 2025
Denmark (%) 29.6 Jun 2025 quarterly Mar 2000 - Jun 2025
Ecuador (%) 65.5 Jun 2025 quarterly Dec 2005 - Jun 2025
Egypt (%) 63.3 Jun 2025 quarterly Jun 2006 - Jun 2025
Estonia (%) 23.2 Jun 2025 quarterly Mar 2000 - Jun 2025
European Union (%) 81.9 Jun 2025 quarterly Mar 2000 - Jun 2025
Finland (%) 88.5 Jun 2025 quarterly Mar 2000 - Jun 2025
France (%) 110.6 Dec 2023 quarterly Dec 1995 - Dec 2023
Georgia (%) 35.3 Jun 2025 quarterly Mar 2006 - Jun 2025
Germany (%) 62.3 Jun 2025 quarterly Mar 2000 - Jun 2025
Ghana (%) 61.8 2024 yearly 2006 - 2024
Greece (%) 151.2 Jun 2025 quarterly Dec 1999 - Jun 2025
Hong Kong SAR, China (%) 49.1 2024 yearly 2003 - 2024
Hungary (%) 75.1 Sep 2025 quarterly Dec 1990 - Sep 2025
Iceland (%) 60.3 2024 yearly 1998 - 2024
India (%) 56.5 Jun 2025 quarterly Mar 2012 - Jun 2025
Indonesia (%) 39.2 Dec 2024 quarterly Jun 2015 - Dec 2024
Iran (%) 5.4 Mar 2025 quarterly Mar 1998 - Mar 2025
Ireland (%) 33.4 Jun 2025 quarterly Mar 2000 - Jun 2025
Israel (%) 66.5 2024 yearly 1995 - 2024
Italy (%) 138.0 Sep 2025 quarterly Dec 1995 - Sep 2025
Ivory Coast (%) 8.6 2015 yearly 1975 - 2015
Japan (%) 203.0 Sep 2025 quarterly Dec 1994 - Sep 2025
Jordan (%) 91.3 Jun 2025 quarterly Mar 2002 - Jun 2025
Kazakhstan (%) 23.0 Dec 2024 quarterly Mar 2005 - Dec 2024
Kenya (%) 69.0 Jun 2025 quarterly Dec 2009 - Jun 2025
South Korea (%) 47.0 Jun 2025 quarterly Sep 2002 - Jun 2025
Kosovo (%) 19.9 2022 yearly 2009 - 2022
Kuwait (%) 1.1 Jun 2025 quarterly Dec 2010 - Jun 2025
Kyrgyzstan (%) 44.6 Jun 2025 quarterly Mar 2011 - Jun 2025
Latvia (%) 48.0 Jun 2025 quarterly Mar 2000 - Jun 2025
Lebanon (%) 23.6 2022 yearly 1998 - 2022
Lithuania (%) 39.1 Jun 2025 quarterly Mar 2000 - Jun 2025
Luxembourg (%) 25.1 Jun 2025 quarterly Dec 1997 - Jun 2025
North Macedonia (%) 53.4 Jun 2025 quarterly Dec 2009 - Jun 2025
Malawi (%) 66.0 2014 yearly 2010 - 2014
Malaysia (%) 66.1 Sep 2025 quarterly Dec 2010 - Sep 2025
Malta (%) 46.8 Jun 2025 quarterly Mar 2000 - Jun 2025
Mauritius (%) 80.6 Sep 2025 quarterly Jun 2003 - Sep 2025
Mexico (%) 60.2 Sep 2025 quarterly Dec 2005 - Sep 2025
Moldova (%) 38.0 Jun 2025 quarterly Mar 2007 - Jun 2025
Mongolia (%) 38.6 Jun 2025 quarterly Dec 2017 - Jun 2025
Montenegro (%) 58.3 Sep 2025 quarterly Dec 2010 - Sep 2025
Morocco (%) 71.4 2022 yearly 1994 - 2022
Nepal (%) 39.9 2021 yearly 1990 - 2021
Netherlands (%) 42.7 Jun 2025 quarterly Dec 1999 - Jun 2025
New Zealand (%) 46.7 Jun 2025 quarterly Dec 2006 - Jun 2025
Nigeria (%) 37.5 Jun 2025 quarterly Dec 2010 - Jun 2025
Norway (%) 53.3 2024 yearly 1995 - 2024
Oman (%) 35.4 2024 yearly 1990 - 2024
Pakistan (%) 68.4 2025 yearly 2000 - 2025
Palestinian Territory (%) 151.6 Jun 2025 quarterly Dec 2010 - Jun 2025
Panama (%) 63.7 Jun 2025 quarterly Dec 2007 - Jun 2025
Paraguay (%) 38.3 Jun 2025 quarterly Dec 2014 - Jun 2025
Peru (%) 31.0 Sep 2025 quarterly Mar 1999 - Sep 2025
Philippines (%) 63.1 Sep 2025 quarterly Mar 1993 - Sep 2025
Poland (%) 58.1 Sep 2025 quarterly Mar 2000 - Sep 2025
Portugal (%) 97.4 Sep 2025 quarterly Dec 1995 - Sep 2025
Qatar (%) 15.0 2012 yearly 2006 - 2012
Romania (%) 57.3 Jun 2025 quarterly Dec 2011 - Jun 2025
Russia (%) 14.7 Jun 2025 quarterly Dec 2011 - Jun 2025
Saudi Arabia (%) 30.8 Sep 2025 quarterly Dec 2016 - Sep 2025
Serbia (%) 43.7 Sep 2025 quarterly Sep 2004 - Sep 2025
Singapore (%) 173.4 Sep 2025 quarterly Mar 1990 - Sep 2025
Slovakia (%) 63.2 Mar 2025 quarterly Mar 2000 - Mar 2025
Slovenia (%) 69.3 Jun 2025 quarterly Dec 1999 - Jun 2025
South Africa (%) 78.9 Sep 2025 quarterly Dec 1960 - Sep 2025
Spain (%) 103.4 Jun 2025 quarterly Mar 1995 - Jun 2025
Sri Lanka (%) 95.7 Jun 2025 quarterly Mar 2014 - Jun 2025
Sweden (%) 33.3 Jun 2025 quarterly Mar 1996 - Jun 2025
Switzerland (%) 23.0 2028 yearly 1990 - 2028
Taiwan (%) 29.0 2023 yearly 1996 - 2023
Tajikistan (%) 36.3 2021 yearly 1999 - 2021
Thailand (%) 58.3 Sep 2025 quarterly Dec 1997 - Sep 2025
Tunisia (%) 81.2 2024 yearly 2016 - 2024
Turkey (%) 24.1 Jun 2025 quarterly Dec 2001 - Jun 2025
Ukraine (%) 89.9 Jun 2025 quarterly Dec 2010 - Jun 2025

Accurate Macro & Micro Economic Data You Can Trust

Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.

Learn more about what we do

Taiwan Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 2.7 2023 yearly 1981 - 2023
Consolidated Fiscal Balance (USD mn) 20,719.794 2023 yearly 1984 - 2023
Tax Revenue (USD mn) 9,332.457 Nov 2025 monthly Oct 1983 - Nov 2025
Tax Revenue: % of GDP (%) 20.2 Sep 2025 quarterly Mar 1975 - Sep 2025
National Government Debt (USD mn) 223,824.2 2023 yearly 1996 - 2023
Government Debt: % of GDP (%) 29.0 2023 yearly 1996 - 2023
Forecast: Government Expenditure (NTD bn) 5,782.943 2030 yearly 1980 - 2030
Forecast: Government Net Debt (NTD bn) 3,219.010 2030 yearly 1997 - 2030
Forecast: Government Revenue (NTD bn) 5,935.505 2030 yearly 1980 - 2030
General Government Revenue (NTD mn) 4,489,271.000 2018 yearly 1981 - 2018
General Government Expenditure (NTD mn) 4,373,926.000 2018 yearly 1981 - 2018
General Government Savings (NTD mn) 115,345.000 2018 yearly 1981 - 2018
General Government Revenue: Taxes on Production and Imports (NTD mn) 1,119,106.000 2018 yearly 1981 - 2018
General Government Net Expenditure: Capital (NTD mn) 759,309.000 2023 yearly 1974 - 2023
General Govt Financing: Net Borrowing (NTD mn) 117,371.000 2023 yearly 1974 - 2023
General Government Net Expenditure: Current (NTD mn) 3,275,399.000 2023 yearly 1974 - 2023
General Govt Net Rev: Current: Taxes: Indirect (NTD mn) 1,080,661.145 2023 yearly 1974 - 2023
General Govt Net Rev: Current: Taxes: Direct (NTD mn) 2,375,496.772 2023 yearly 1974 - 2023
Govt Debt: Outstanding: Non Self-Redeeming Debt Maturity >=1 Yr (NS) (NTD mn) 6,853,497.000 2023 yearly 1996 - 2023
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 4.487 2030 yearly 1980 - 2030
Trade Balance (USD mn) 15,898.2 Nov 2025 monthly Jan 2008 - Nov 2025
Total Exports (USD mn) 60,134.1 Oct 2025 monthly Jan 2008 - Oct 2025
Total Exports Growth (%) 56.1 Nov 2025 monthly Jan 2009 - Nov 2025
Aluminum: Exports (USD th) 886,633.170 2024 yearly 1995 - 2024
Exports: Medicament (USD th) 805,900.030 2024 yearly 1995 - 2024
Exports: Medicinal and Pharmaceutical Product (USD th) 329,206.081 2024 yearly 1995 - 2024
Total Imports (USD mn) 36,980.4 Oct 2025 monthly Jan 2008 - Oct 2025
Total Imports Growth (%) 11.5 Oct 2025 monthly Jan 2009 - Oct 2025
Imports: Medicament (USD th) 4,469,639.399 2024 yearly 1995 - 2024
Imports: Medicinal and Pharmaceutical Product (USD th) 2,965,217.574 2024 yearly 1995 - 2024
Total Exports to USA (USD mn) 21,134.697 Oct 2025 monthly Jan 1988 - Oct 2025
Total Imports from USA (USD mn) 4,511.458 Nov 2025 monthly Jan 1986 - Nov 2025
Total Exports to China (USD mn) 8,741.704 Oct 2025 monthly Aug 1992 - Oct 2025
Total Imports from China (USD mn) 7,563.260 Oct 2025 monthly Jul 1991 - Oct 2025
Export: Include Re Export: Singapore (NTD mn) 118,082.938 Oct 2025 monthly Jan 1988 - Oct 2025
Import: Include Re Import: Saudi Arabia (NTD mn) 21,408.000 Nov 2025 monthly Jan 1988 - Nov 2025
Trade Balance: Custom Clearance: USD: Seasonally Adjusted (USD mn) 15,898.176 Nov 2025 monthly Jan 2008 - Nov 2025
Trade Balance: Custom Clearance: Include Re Export & Re Import (NTD mn) 214,694.065 Feb 2025 monthly Jan 1981 - Feb 2025
Net Terms of Trade: Reference Year=2016: Chain Linked (2016=100) 92.93 Jun 2018 monthly Jan 2011 - Jun 2018
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 9,920.0 Sep 2025 quarterly Mar 1981 - Sep 2025
Current Account Balance (USD mn) 45,839.0 Sep 2025 quarterly Mar 1974 - Sep 2025
Current Account Balance: % of GDP (%) 19.3 Sep 2025 quarterly Mar 1974 - Sep 2025
Foreign Direct Investment (USD mn) 823.0 Sep 2025 quarterly Mar 1981 - Sep 2025
Foreign Direct Investment: % of GDP (%) 0.3 Sep 2025 quarterly Mar 1981 - Sep 2025
Foreign Portfolio Investment (USD mn) 5,365.000 Sep 2025 quarterly Mar 1981 - Sep 2025
Foreign Portfolio Investment: % of GDP (%) 2.3 Sep 2025 quarterly Mar 1981 - Sep 2025
Foreign Portfolio Investment: Equity Securities (USD mn) 5,740.0 Sep 2025 quarterly Mar 1981 - Sep 2025
Foreign Portfolio Investment: Debt Securities (USD mn) -375.000 Sep 2025 quarterly Mar 1981 - Sep 2025
External Debt (USD mn) 236,510.0 Sep 2025 quarterly Jun 1999 - Sep 2025
External Debt: % of GDP (%) 27.4 2024 yearly 1999 - 2024
External Debt: Short Term (USD mn) 216,419.0 Sep 2025 quarterly Jun 1999 - Sep 2025
External Debt: Short Term: % of GDP (%) 25.0 2024 yearly 1999 - 2024
Total Debt: % of GDP (%) 889.0 2023 yearly 2000 - 2023
Forecast: Current Account Balance (USD bn) 203.121 2030 yearly 1984 - 2030
Net International Investment Position (USD mn) 1,556,225.000 2024 yearly 2000 - 2024
International Investment Position (IIP): Assets (USD mn) 3,034,873.000 2024 yearly 2000 - 2024
BoP: FA: Reserve Assets (USD mn) 4,138.000 Dec 2024 quarterly Mar 1984 - Dec 2024
BoP: Net Errors and Omissions (USD mn) 441.000 Dec 2024 quarterly Mar 1984 - Dec 2024
BoP: CU: GS: Goods (USD mn) 26,321.000 Dec 2024 quarterly Mar 1984 - Dec 2024
BoP: CU: GS: Goods: Credit (USD mn) 109,794.000 Dec 2024 quarterly Mar 1984 - Dec 2024
BoP: CU: PI: Credit (USD mn) 18,254.000 Dec 2024 quarterly Mar 1984 - Dec 2024
BoP: CU: GS: SV: Credit (USD mn) 15,963.000 Dec 2024 quarterly Mar 1984 - Dec 2024
Bop: CU: Secondary Income (USD mn) -1,388.000 Dec 2024 quarterly Mar 1984 - Dec 2024
BoP: CU: Primary Income (PI) (USD mn) 11,454.000 Dec 2024 quarterly Mar 1984 - Dec 2024
BoP: CU: PI: Debit (USD mn) 6,800.000 Dec 2024 quarterly Mar 1984 - Dec 2024
Bop: CU: Secondary Income: Debit (USD mn) 3,649.000 Dec 2024 quarterly Mar 1984 - Dec 2024
Bop: CU: Secondary Income: Credit (USD mn) 2,261.000 Dec 2024 quarterly Mar 1984 - Dec 2024
BoP: CU: GS: Services (SV) (USD mn) -1,990.000 Dec 2024 quarterly Mar 1984 - Dec 2024
BoP: CU: GS: SV: Debit (USD mn) 17,953.000 Dec 2024 quarterly Mar 1984 - Dec 2024
BoP: Current Account (CU) (USD mn) 34,397.000 Dec 2024 quarterly Mar 1984 - Dec 2024
BoP: CU: GS: Goods: Debit (USD mn) 83,473.000 Dec 2024 quarterly Mar 1984 - Dec 2024
BoP: FA: PI: Net Incurrence of Liabilities (NI) (USD mn) -6,598.000 Dec 2024 quarterly Mar 1984 - Dec 2024
BoP: FA: Direct Investment (DI) (USD mn) 4,177.000 Dec 2024 quarterly Mar 1984 - Dec 2024
BoP: FA: DI: Net Incurrence of Liabilities (NI) (USD mn) 2,855.000 Dec 2024 quarterly Mar 1984 - Dec 2024
BoP: FA: Other Investment (OI) (USD mn) 1,020.000 Dec 2024 quarterly Mar 1984 - Dec 2024
BoP: FA: DI: Net Acquisition of Financial Assets (NA) (USD mn) 7,032.000 Dec 2024 quarterly Mar 1984 - Dec 2024
BoP: FA: Portfolio Investment (PI) (USD mn) 25,073.000 Dec 2024 quarterly Mar 1984 - Dec 2024
BoP: FA: OI: Net Acquisition of Financial Assets (NA) (USD mn) 7,199.000 Dec 2024 quarterly Mar 1984 - Dec 2024
BoP: FA: OI: Net Incurrence of Liabilities (NI) (USD mn) 6,179.000 Dec 2024 quarterly Mar 1984 - Dec 2024
BoP: FA: PI: Net Acquisition of Financial Assets (NA) (USD mn) 18,475.000 Dec 2024 quarterly Mar 1984 - Dec 2024
IIP: Net (USD mn) 1,735,302.000 2023 yearly 2000 - 2023
IIP: Liabilities (Liab) (USD mn) 1,174,265.000 2023 yearly 2000 - 2023
Cross-Strait Finance: All Banks: Inward Remittance (USD mn) 35,672.000 Dec 2024 monthly Jan 2005 - Dec 2024
Cross-Strait Finance: All Banks: Outward Remittance (USD mn) 52,823.000 Dec 2024 monthly Jan 2005 - Dec 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 0.1 Sep 2025 monthly Jan 2004 - Sep 2025
Household Debt: % of GDP (%) 95.5 2023 yearly 2000 - 2023
Non-Performing Loans (USD mn) 2,242.285 Sep 2025 monthly Jan 2004 - Sep 2025
Money Supply M1 (USD mn) 386,859.805 Oct 2025 monthly Jan 1992 - Oct 2025
Money Supply M2 (USD mn) 2,175,222.699 Oct 2025 monthly Jan 1992 - Oct 2025
M2 Growth (%) 4.9 Oct 2025 monthly Jan 1993 - Oct 2025
Reserve Requirement Ratio (%) 5.0 Nov 2025 monthly Dec 1988 - Nov 2025
Foreign Exchange Reserves (USD mn) 599,791.0 Nov 2025 monthly Mar 1969 - Nov 2025
Foreign Exchange Reserves: % of GDP (%) 5.000 Nov 2025 monthly Dec 1988 - Nov 2025
Foreign Exchange Reserves: Months of Import (NA) 15.3 Oct 2025 monthly Jan 1981 - Oct 2025
Gold Reserves (USD mn) 5,047.700 Oct 2025 monthly Jun 1998 - Oct 2025
Total Deposits (USD mn) 1,757,744.878 Oct 2025 monthly May 1987 - Oct 2025
Total Deposits Growth (%) 5.8 Oct 2025 monthly May 1988 - Oct 2025
Domestic Credit (USD mn) 1,719,408.1 Oct 2025 monthly Oct 1983 - Oct 2025
Domestic Credit Growth (%) 6.0 Oct 2025 monthly Jul 1962 - Oct 2025
Household Debt (USD mn) 723,609.9 2023 yearly 2000 - 2023
Total Loans (USD mn) 1,329,543.610 Oct 2025 monthly Jan 1997 - Oct 2025
Total Loans Growth (%) 6.02 Oct 2025 monthly Jan 1998 - Oct 2025
Private Debt: % of Nominal GDP (%) 140.02 Sep 2025 quarterly Mar 1997 - Sep 2025
Deposits: All Banks: EI: Private Enterprises (NTD mn) 9,560,447.00 May 2018 monthly Jan 1997 - May 2018
Deposits: All Banks: EI: Individuals and Others (NTD mn) 23,230,475.00 May 2018 monthly Jan 1997 - May 2018
Deposits: All Banks: Total (NTD mn) 33,707,077.00 May 2018 monthly Jan 1997 - May 2018
Loans & Discounts (L&D): All Banks: Total (NTD mn) 24,989,912.00 May 2018 monthly Jan 1997 - May 2018
L&D: All Banks: PG: Private Enterprises (NTD mn) 10,921,290.00 May 2018 monthly Jan 1997 - May 2018
Consumer Loans: Outstanding: Domestic Bk, Foreign Bk, Med Bus Bk(DB) (NTD mn) 8,093,874.00 Jun 2018 monthly Jul 1988 - Jun 2018
Consumer Loans: Outstanding: DB: House Purchasing (NTD mn) 6,784,321.00 Jun 2018 monthly Jul 1988 - Jun 2018
Past Due Loan: Total (NTD mn) 76,400.00 May 2018 monthly Jan 2004 - May 2018
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) -3.2 Mar 2018 monthly May 2013 - Mar 2018
Purchasing Manager Index (PMI): Manufacturing: sa (%) 58.30 Jun 2018 monthly Jul 2012 - Jun 2018

More Indicators for Taiwan

Request a demo of CEIC

CEIC’s economic databases cover over 200 global markets. Our Platform offers the most reliable macroeconomic data and advanced analytical tools.

Request a demo
Unlimited access tailored to your data needs
Flexible monthly access to CEIC data