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Taiwan: Government expenditure (% of GDP)

Percent of GDP · 1903–2024 · 110 observations · forecasts to 2031 · govexp_GDP

2024
17.7%percent of GDP
Change on 2023
−1.3 pointsfrom 19.0%
Average, 2015–2024
17.7%10 years
Record high and low
32.6% (1989)low 9.08% (1954)

Government expenditure (% of GDP)

Report error
5%10%15%20%25%30%35%192019401960198020002020TaiwanTaiwan
ForecastPercent of GDP

Compare with other countries →Definition of Government expenditure (% of GDP)

Recent values

Percent of GDP

YearValue
203118.0Forecast
203018.0Forecast
202918.0Forecast
202818.0Forecast
202718.0Forecast
202618.0Forecast
202518.0Forecast
202417.7
202319.0
202217.9
202117.3
202018.1
201917.2
201817.3
201717.3
201617.5
201517.4

Sources

This series is derived from other GMD variables.

Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

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