General government net lending/borrowing for Taiwan Province of China
GGNLBATWA188N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-2.50
Year-over-Year Change
-38.03%
Date Range
1/1/1980 - 1/1/2023
Summary
The 'General government net lending/borrowing for Taiwan Province of China' measures the government's fiscal position as a percentage of GDP. This key economic indicator provides insights into a country's overall fiscal health and is closely watched by policymakers and analysts.
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
This trend represents the difference between the government's total revenue and total expenditure, expressed as a percentage of GDP. It serves as an important gauge of a government's fiscal balance and its ability to manage public finances effectively.
Methodology
The data is collected and calculated by national statistical agencies based on established accounting principles.
Historical Context
This metric is widely used by economists, investors, and policymakers to evaluate a country's fiscal policies and overall economic performance.
Key Facts
- Taiwan's government net lending/borrowing was -2.1% of GDP in 2020.
- Positive net lending/borrowing indicates a fiscal surplus, while negative indicates a deficit.
- This metric is an important indicator of a government's fiscal sustainability.
FAQs
Q: What does this economic trend measure?
A: This trend measures the difference between the Taiwanese government's total revenue and total expenditure as a percentage of GDP, providing insights into the country's fiscal position.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for evaluating a government's fiscal health, its ability to manage public finances, and the sustainability of its fiscal policies.
Q: How is this data collected or calculated?
A: The data is collected and calculated by national statistical agencies based on established accounting principles.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and investors closely monitor this metric to assess a country's fiscal position and make informed decisions regarding economic policies and investment strategies.
Q: Are there update delays or limitations?
A: The data may be subject to periodic updates and revisions by the statistical agencies responsible for its collection and publication.
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Citation
U.S. Federal Reserve, General government net lending/borrowing for Taiwan Province of China (GGNLBATWA188N), retrieved from FRED.