Taiwan M2 Growth

1993 - 2025 | Monthly | % | CEIC Data

Key information about Taiwan M2 Growth

  • Taiwan Money Supply M2 increased 4.9 % YoY in Oct 2025, compared with a growth of 5.3 % in the previous month
  • Taiwan Money Supply M2 growth data is updated monthly, available from Jan 1993 to Oct 2025
  • The data reached an all-time high of 19.1 % in Jan 1993 and a record low of 0.9 % in Jan 2008

CEIC calculates M2 Growth Rate from monthly M2. The Central Bank of the Republic of China provides M2 in local currency. Average M2 is used.


Further information about Taiwan M2 Growth

  • In the latest reports, Taiwan Foreign Exchange Reserves was measured at 600.2 USD bn in Oct 2025
  • The Foreign Exchange Reserves equaled 15.3 Months of Import in Oct 2025
  • Taiwan Domestic Credit reached 1,719.4 USD bn in Oct 2025, representing an increased of 6.0 % YoY
  • The country's Non Performing Loans Ratio stood at 0.1 % in Sep 2025, compared with the ratio of 0.1 % in the previous month
  • Household Debt of Taiwan reached 723.6 USD bn in Dec 2023, accounting for 95.5 % of the country's Nominal GDP

View Taiwan's M2 Growth from Jan 1993 to Oct 2025 in the chart:

Taiwan M2 Growth

What was Taiwan's M2 Growth in Oct 2025?

Taiwan Money Supply M2 increased 4.9 % YoY in Oct 2025, compared with a growth of 5.3 % in the previous month See the table below for more data.

Last Previous Min Max Unit Frequency Range
4.9 Oct 2025 5.3 Sep 2025 0.9 Jan 2008 19.1 Jan 1993 % monthly Jan 1993 - Oct 2025

M2 Growth by Country Comparison

country/region Last Frequency Range
Albania (%) 14.5 Oct 2025 monthly Dec 1994 - Oct 2025
Algeria (%) 9.0 Dec 2024 monthly Jan 2002 - Dec 2024
Argentina (%) 37.9 Sep 2025 monthly Jan 1991 - Sep 2025
Armenia (%) 22.1 Sep 2025 monthly Jan 2003 - Sep 2025
Australia (%) 7.1 Oct 2025 monthly Mar 1966 - Oct 2025
Austria (%) 2.2 Oct 2025 monthly Sep 1998 - Oct 2025
Azerbaijan (%) 6.9 Oct 2025 monthly Dec 1996 - Oct 2025
Bahrain (%) 0.4 Oct 2025 monthly Dec 1975 - Oct 2025
Bangladesh (%) 8.1 Sep 2025 monthly Jun 1987 - Sep 2025
Belarus (%) 23.9 Oct 2025 monthly Dec 1990 - Oct 2025
Belgium (%) 2.2 Oct 2025 monthly Dec 1997 - Oct 2025
Bolivia (%) 18.1 Sep 2025 monthly Dec 1988 - Sep 2025
Bosnia and Herzegovina (%) 9.2 Sep 2025 monthly Aug 1998 - Sep 2025
Botswana (%) -0.5 Sep 2025 monthly Jan 2002 - Sep 2025
Brazil (%) 12.0 Oct 2025 monthly Jan 1971 - Oct 2025
Bulgaria (%) 7.7 Oct 2025 monthly Dec 1996 - Oct 2025
Cambodia (%) 16.7 Oct 2025 monthly Jan 1996 - Oct 2025
Canada (%) 5.2 Sep 2025 monthly Jan 1969 - Sep 2025
Chile (%) 2.4 Oct 2025 monthly Jan 1987 - Oct 2025
China (%) 8.2 Oct 2025 monthly Mar 1997 - Oct 2025
Colombia (%) 11.2 Oct 2025 monthly Dec 1980 - Oct 2025
Croatia (%) 8.1 Oct 2025 monthly Jun 1995 - Oct 2025
Cyprus (%) -5.2 2014 yearly 2006 - 2014
Czech Republic (%) 2.3 Oct 2025 monthly Jan 2003 - Oct 2025
Denmark (%) 3.4 Aug 2017 monthly Jan 1996 - Aug 2017
Ecuador (%) 14.1 Sep 2025 monthly Dec 2007 - Sep 2025
Egypt (%) 22.9 Sep 2025 monthly Jan 1997 - Sep 2025
Estonia (%) 4.8 Oct 2025 monthly Jan 2012 - Oct 2025
European Union (%) 3.1 Oct 2025 monthly Jan 1981 - Oct 2025
Finland (%) 3.6 Oct 2025 monthly Jan 1981 - Oct 2025
France (%) 1.1 Oct 2025 monthly Dec 1978 - Oct 2025
Georgia (%) 17.9 Oct 2025 monthly Oct 1996 - Oct 2025
Germany (%) 3.3 Oct 2025 monthly Jan 1970 - Oct 2025
Ghana (%) 30.3 Jun 2025 quarterly Mar 1991 - Jun 2025
Greece (%) 4.2 Oct 2025 monthly Jan 2002 - Oct 2025
Hong Kong SAR, China (%) 10.6 Oct 2025 monthly Dec 1981 - Oct 2025
Hungary (%) 6.0 Oct 2025 monthly Jan 1999 - Oct 2025
Iceland (%) 7.7 Oct 2025 monthly Sep 1987 - Oct 2025
India (%) 11.3 Sep 2025 monthly Mar 1995 - Sep 2025
Indonesia (%) 7.7 Oct 2025 monthly Feb 1969 - Oct 2025
Iran (%) 32.4 Jun 2025 monthly Dec 2000 - Jun 2025
Ireland (%) 4.7 Oct 2025 monthly Jan 2000 - Oct 2025
Israel (%) 6.0 Aug 2025 monthly Apr 1982 - Aug 2025
Italy (%) 2.6 Oct 2025 monthly Dec 1975 - Oct 2025
Ivory Coast (%) 22.5 Sep 2025 monthly Jan 2005 - Sep 2025
Japan (%) 1.8 Nov 2025 monthly Jan 1968 - Nov 2025
Jordan (%) 5.7 Oct 2025 monthly Jan 1991 - Oct 2025
Kazakhstan (%) 16.6 Oct 2025 monthly Dec 1994 - Oct 2025
Kenya (%) 27.8 Sep 2025 monthly Dec 1996 - Sep 2025
South Korea (%) 8.9 Sep 2025 monthly Jan 1971 - Sep 2025
Kosovo (%) 12.4 2024 yearly 2002 - 2024
Kuwait (%) 3.5 Oct 2025 monthly Jan 1995 - Oct 2025
Kyrgyzstan (%) 50.5 Sep 2025 monthly Jan 1995 - Sep 2025
Laos (%) 15.7 Sep 2025 quarterly Dec 2000 - Sep 2025
Latvia (%) 6.2 Oct 2025 monthly Jan 2015 - Oct 2025
Lebanon (%) 33.9 Sep 2025 monthly Dec 1980 - Sep 2025
Lithuania (%) 8.4 Oct 2025 monthly Dec 1994 - Oct 2025
Luxembourg (%) 6.5 Oct 2025 monthly Jan 2000 - Oct 2025
Macau SAR, China (%) 7.3 Oct 2025 monthly Jun 1985 - Oct 2025
North Macedonia (%) 11.8 Oct 2025 monthly Jan 2004 - Oct 2025
Malawi (%) 51.0 Sep 2025 monthly Jan 1976 - Sep 2025
Malaysia (%) 4.5 Oct 2025 monthly Dec 1970 - Oct 2025
Malta (%) 5.8 Oct 2025 monthly Jan 2009 - Oct 2025
Mauritius (%) 10.1 Oct 2025 monthly Jul 1977 - Oct 2025
Mexico (%) 8.1 Oct 2025 monthly Dec 1986 - Oct 2025
Moldova (%) 10.7 Oct 2025 monthly Jan 2001 - Oct 2025
Mongolia (%) 7.0 Oct 2025 monthly Dec 1997 - Oct 2025
Montenegro (%) 9.9 2024 yearly 2003 - 2024
Morocco (%) 9.1 Oct 2025 monthly Jan 1986 - Oct 2025
Mozambique (%) 12.6 Aug 2025 monthly Dec 2002 - Aug 2025
Myanmar (%) 20.0 Mar 2025 quarterly Dec 2002 - Mar 2025
Nepal (%) 12.4 Sep 2025 monthly Jan 2002 - Sep 2025
Netherlands (%) 2.8 Oct 2025 monthly Dec 1957 - Oct 2025
New Zealand (%) 5.6 Oct 2025 monthly Mar 1989 - Oct 2025
Nigeria (%) 10.2 Oct 2025 monthly Apr 1991 - Oct 2025
Norway (%) 6.1 Oct 2025 monthly Dec 1993 - Oct 2025
Oman (%) 4.3 Sep 2025 monthly Jan 2000 - Sep 2025
Pakistan (%) 12.9 Sep 2025 monthly Jan 1989 - Sep 2025
Palestinian Territory (%) 16.7 Sep 2025 monthly Jul 2003 - Sep 2025
Panama (%) 9.7 Sep 2025 monthly Dec 2003 - Sep 2025
Paraguay (%) 12.9 Oct 2025 monthly Dec 1989 - Oct 2025
Peru (%) 2.4 Oct 2025 monthly Jan 1993 - Oct 2025
Philippines (%) 8.8 Oct 2025 monthly Dec 1989 - Oct 2025
Poland (%) 10.6 Oct 2025 monthly Dec 1997 - Oct 2025
Portugal (%) 6.0 Oct 2025 monthly Dec 1980 - Oct 2025
Qatar (%) 0.9 Oct 2025 monthly Jan 1983 - Oct 2025
Romania (%) 7.3 Oct 2025 monthly Dec 2002 - Oct 2025
Russia (%) 13.0 Oct 2025 monthly Dec 1992 - Oct 2025
Saudi Arabia (%) 7.4 Oct 2025 monthly Jan 1994 - Oct 2025
Serbia (%) 12.5 Oct 2025 monthly Aug 2002 - Oct 2025
Singapore (%) 6.4 Oct 2025 monthly Mar 2005 - Oct 2025
Slovakia (%) 5.6 Oct 2025 monthly Dec 2001 - Oct 2025
Slovenia (%) 6.1 Oct 2025 monthly Jan 2008 - Oct 2025
South Africa (%) 8.1 Oct 2025 monthly Mar 1966 - Oct 2025
Spain (%) 5.3 Oct 2025 monthly Jan 1963 - Oct 2025
Sri Lanka (%) 10.8 Sep 2025 monthly Jan 1995 - Sep 2025
Sudan (%) 90.6 Dec 2024 monthly Dec 2004 - Dec 2024
Sweden (%) 4.1 Oct 2025 monthly Jan 1999 - Oct 2025
Switzerland (%) 16.2 Oct 2025 monthly Dec 1985 - Oct 2025

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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) 13,566.322 Oct 2025 monthly Oct 1983 - Oct 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 Revenue: Taxes on Production and Imports (NTD mn) 1,119,106.000 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 Net Expenditure: Current (NTD mn) 3,275,399.000 2023 yearly 1974 - 2023
General Govt Net Rev: Current: Taxes: Direct (NTD mn) 2,375,496.772 2023 yearly 1974 - 2023
General Govt Net Rev: Current: Taxes: Indirect (NTD mn) 1,080,661.145 2023 yearly 1974 - 2023
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
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
BoP: Net Errors and Omissions (USD mn) 441.000 Dec 2024 quarterly Mar 1984 - Dec 2024
BoP: FA: Reserve Assets (USD mn) 4,138.000 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: GS: Goods: Debit (USD mn) 83,473.000 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: Secondary Income: Debit (USD mn) 3,649.000 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 (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: GS: Goods (USD mn) 26,321.000 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: 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: Current Account (CU) (USD mn) 34,397.000 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: FA: OI: Net Acquisition of Financial Assets (NA) (USD mn) 7,199.000 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
BoP: FA: Other Investment (OI) (USD mn) 1,020.000 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: PI: Net Incurrence of Liabilities (NI) (USD mn) -6,598.000 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: Direct Investment (DI) (USD mn) 4,177.000 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: DI: Net Acquisition of Financial Assets (NA) (USD mn) 7,032.000 Dec 2024 quarterly Mar 1984 - Dec 2024
IIP: Liabilities (Liab) (USD mn) 1,174,265.000 2023 yearly 2000 - 2023
International Investment Position (IIP): Assets (USD mn) 2,909,567.000 2023 yearly 2000 - 2023
IIP: Net (USD mn) 1,735,302.000 2023 yearly 2000 - 2023
Cross-Strait Finance: All Banks: Outward Remittance (USD mn) 52,823.000 Dec 2024 monthly Jan 2005 - Dec 2024
Cross-Strait Finance: All Banks: Inward Remittance (USD mn) 35,672.000 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: DB: House Purchasing (NTD mn) 6,784,321.00 Jun 2018 monthly Jul 1988 - Jun 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
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

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