Taiwan recorded a Government Budget deficit equal to 1.50 percent of the country’s Gross Domestic Product in 2015. Government Budget in Taiwan averaged -1.91 percent of GDP from 1988 until 2014, reaching an all time high of 1.80 percent of GDP in 1990 and a record low of -6.30 percent of GDP in 2001. Government Budget in Taiwan is reported by the National Statistics Republic of China (Taiwan). Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides – Taiwan Government Budget – actual values, historical data, forecast, chart, statistics, economic calendar and news.
The post Taiwan Government Budget appeared first on Central bank.