Fiscal Situation of General Government: Gross Debt Position for Taiwan Province of China
TWNGGXWDGG01GDPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
26.02
Year-over-Year Change
-28.05%
Date Range
1/1/2016 - 1/1/2024
Summary
This economic trend measures Taiwan's general government gross debt position, which is a key indicator of the country's fiscal health and sustainability.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The general government gross debt position represents the total outstanding debt owed by Taiwan's central, state, and local governments. It is a widely tracked metric used by economists, policymakers, and investors to assess the government's fiscal management and ability to service its obligations.
Methodology
The data is collected and calculated by Taiwan's Directorate-General of Budget, Accounting and Statistics.
Historical Context
Taiwan's gross debt position is closely monitored as it influences the country's credit ratings, borrowing costs, and overall economic stability.
Key Facts
- Taiwan's general government gross debt was 33.2% of GDP in 2021.
- The debt position has increased from 23.0% of GDP in 2011.
- Taiwan's debt-to-GDP ratio remains low compared to many other developed economies.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total outstanding debt owed by Taiwan's central, state, and local governments, known as the general government gross debt position.
Q: Why is this trend relevant for users or analysts?
A: The general government gross debt position is a key indicator of Taiwan's fiscal health and sustainability, influencing the country's credit ratings, borrowing costs, and overall economic stability.
Q: How is this data collected or calculated?
A: The data is collected and calculated by Taiwan's Directorate-General of Budget, Accounting and Statistics.
Q: How is this trend used in economic policy?
A: Taiwan's gross debt position is closely monitored by policymakers, economists, and investors as it provides insights into the government's fiscal management and ability to service its obligations.
Q: Are there update delays or limitations?
A: The data is published regularly by the Taiwanese government, but there may be some delays in reporting or revisions to historical figures.
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Citation
U.S. Federal Reserve, Fiscal Situation of General Government: Gross Debt Position for Taiwan Province of China (TWNGGXWDGG01GDPPT), retrieved from FRED.