The ratio of government expenditure to GDP in Taiwan was forecast to continuously increase between 2024 and 2029 by in total 1.9 percentage points. After the fifth consecutive increasing year, the ratio is estimated to reach 19.44 percent and therefore a new peak in 2029. Depicted here is the general government expenditure as a share of the national gross domestic product. According to the International Monetary Fund, the general government expenditure consists of total expense and the net acquisition of nonfinancial assets. The gross domestic product represents the total value of final goods and services produced during a year.
Find more key insights for the ratio of government expenditure to GDP in countries like China, Mongolia, and South Korea.
Taiwan: Ratio of government expenditure to gross domestic product (GDP) from 2019 to 2029
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
IMF. (October 22, 2024). Taiwan: Ratio of government expenditure to gross domestic product (GDP) from 2019 to 2029 [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/727604/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-taiwan/
IMF. "Taiwan: Ratio of government expenditure to gross domestic product (GDP) from 2019 to 2029." Chart. October 22, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/727604/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-taiwan/
IMF. (2024). Taiwan: Ratio of government expenditure to gross domestic product (GDP) from 2019 to 2029. Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/727604/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-taiwan/
IMF. "Taiwan: Ratio of Government Expenditure to Gross Domestic Product (Gdp) from 2019 to 2029." Statista, Statista Inc., 22 Oct 2024, https://www.statista.com/statistics/727604/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-taiwan/
IMF, Taiwan: Ratio of government expenditure to gross domestic product (GDP) from 2019 to 2029 Statista, https://www.statista.com/statistics/727604/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-taiwan/ (last visited December 21, 2024)
Taiwan: Ratio of government expenditure to gross domestic product (GDP) from 2019 to 2029 [Graph], IMF, October 22, 2024. [Online]. Available: https://www.statista.com/statistics/727604/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-taiwan/