FX.co ★ Taiwan Posts Largest Current Account Surplus on Record

Taiwan recorded a current account surplus of USD 69.93 billion in the fourth quarter of 2025, more than double the USD 33.91 billion posted in the same period a year earlier. This was the highest quarterly surplus since records began in 1981.

The goods trade surplus surged to USD 63.64 billion from USD 25.75 billion a year ago, driven primarily by robust export growth underpinned by sustained demand for AI-related products and other emerging technologies.

By contrast, the services deficit widened to USD 2.47 billion from USD 1.82 billion, reflecting reduced freight service receipts earned by resident carriers and an increase in travel-related expenditures.

The primary income surplus narrowed to USD 10.59 billion from USD 11.35 billion in the previous year, mainly due to higher outward payments on nonresidents’ direct investment income.

The secondary income deficit expanded to USD 1.83 billion from USD 1.37 billion, largely on account of higher outward workers’ remittances.