Services, Debit/Expenditure in Taiwan
Taiwan: Services, Debit/Expenditure was 71.13 billion in 2024. ▲ Rising
Services, Debit/Expenditure in Taiwan, 2010–2024
Source: International Monetary Fund.
Analysis
Taiwan recorded 71.13 billion for services, debit/expenditure in 2024. That is the highest value across all 15 years on record.
Compared with earlier readings it is up 11.1% on the previous year and up 34.4% over ten years.
Over the whole period, services, debit/expenditure in Taiwan peaked at 71.13 billion in 2024 and was at its lowest, 37.49 billion, in 2020.
Taiwan ranks 29th of 198 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 15 years of available data.
Services, Debit/Expenditure in Taiwan, year by year
| Year | Value | Change |
|---|---|---|
| 2010 | 37.71 billion | — |
| 2011 | 41.90 billion | +11.1% |
| 2012 | 52.92 billion | +26.3% |
| 2013 | 51.66 billion | -2.4% |
| 2014 | 52.92 billion | +2.4% |
| 2015 | 51.79 billion | -2.1% |
| 2016 | 51.81 billion | +0.1% |
| 2017 | 53.98 billion | +4.2% |
| 2018 | 56.87 billion | +5.4% |
| 2019 | 56.94 billion | +0.1% |
| 2020 | 37.49 billion | -34.2% |
| 2021 | 39.55 billion | +5.5% |
| 2022 | 44.53 billion | +12.6% |
| 2023 | 64.01 billion | +43.7% |
| 2024 | 71.13 billion | +11.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 50.85 billion | 37.71 billion | 56.94 billion | 10 |
| 2020s | 51.34 billion | 37.49 billion | 71.13 billion | 5 |
Countries ranked near Taiwan
More trade data for Taiwan
- Goods, Debit/Expenditure 315.67 billion (2024)
- Primary income, Debit/Expenditure 34.36 billion (2024)
- Secondary income, Debit/Expenditure 13.74 billion (2024)
- Total capital account debit/expenditure, Debit/Expenditure 24.00 million (2024)
- Exports of goods and services, Volume, Free on board (FOB), Percent 1.61 (2031)
- Exports of goods, Volume, Free on board (FOB), Percent change 3.1 (2031)
- CO2 emissions embodied in gross exports, Metric ton of CO₂ equivalent 222.05 (2021)
- CO2 emissions embodied in gross exports, Trade balance on CO2 69.64 (2021)
- CO2 emissions embodied in gross imports, Metric ton of CO₂ equivalent 152.41 (2021)
- CO2 emissions embodied in final domestic demand, Metric ton of CO₂ 207.16 (2018)
Frequently asked questions
- What is services, debit/expenditure in Taiwan?
- Services, debit/expenditure in Taiwan was 71.13 billion in 2024, according to International Monetary Fund.
- What is the highest services, debit/expenditure recorded in Taiwan?
- The highest recorded value was 71.13 billion in 2024.
- What is the lowest services, debit/expenditure recorded in Taiwan?
- The lowest recorded value was 37.49 billion in 2020.
- How does Taiwan rank for services, debit/expenditure?
- Taiwan ranks 29th out of 198 countries with data for 2024.
- Is services, debit/expenditure rising or falling in Taiwan?
- Over the last ten years it is up 34.4%. The long-run trend across the full record is rising.
- Where does this Taiwan data come from?
- The figures come from International Monetary Fund, published as part of Services, Debit/Expenditure (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.