Taiwan (Province of China) - Government Consumption





Taiwan (Province of China): Government Consumption

Mnemonic G.ITWN
Unit Mil. TWD, NSA
Adjustments Not Seasonally Adjusted
Quarterly 0.24 %
Data 2019 Q3 631,722
2019 Q2 630,191

Series Information

Source Directorate General of Budget, Accounting and Statistics (DGBAS) - Taiwan
Release National accounts
Frequency Quarterly
Start Date 3/31/1981
End Date 9/30/2019

Taiwan (Province of China): GDP

Reference Last Previous Units Frequency
Government Consumption 2019 Q3 631,722 630,191 Mil. TWD, NSA Quarterly
Investment 2019 Q3 1,081,719 1,074,991 Mil. TWD, SA Quarterly
Nominal Fixed Investment (gross fixed capital formation) 2019 Q3 1,130,913 1,077,096 Mil. TWD, NSA Quarterly
Nominal Gross Domestic Product 2019 Q3 4,776,048 4,604,248 Mil. TWD, NSA Quarterly
Private Consumption 2019 Q3 2,484,560 2,429,601 Mil. TWD, NSA Quarterly
Real Fixed Investment (gross fixed capital formation) 2019 Q3 1,086,951 1,044,516 Mil. Ch. 2016 TWD, NSA Quarterly
Real Government Consumption 2019 Q3 656,821 626,393 Mil. Ch. 2016 TWD, NSA Quarterly
Real Gross Domestic Product 2019 Q3 4,872,549 4,697,096 Mil. Ch. 2016 TWD, NSA Quarterly
Real Investment 2019 Q3 1,034,328 1,034,085 Mil. Ch. 2016 TWD, SA Quarterly
Real Private Consumption 2019 Q3 2,436,554 2,393,962 Mil. Ch. 2016 TWD, NSA Quarterly

Release Information

Quarterly national accounts for Taiwan, under SNA 2008. From as early as 1961.

Active:

  • National accounts framework: UN SNA 2008
  • Measurements:
    • Millions of new Taiwan dollars at current prices (Mil. TWD)
    • At chained year-2016 prices (Mil. Ch. 2016 TWD)
    • Real growth rate, year-on-year based on 2016 prices (% Y/Y Mil. Ch. 2016 TWD)
    • Quarterly growth rate (% Q/Q)
    • Deflators (Index 2016=100)
  • Adjustments:
    • Not seasonally adjusted (NSA)
    • Seasonally adjusted (SA) - growth rate only
  • Native frequency: Quarterly
  • Start date: As early as 1961Q1

Predecessors:

  • At 2011 prices, 1961 to 2019
  • At 2006 prices
  • At 2001 prices

We produce seasonally-adjusted versions of GDP(E), and of GVA by industry, at current and constant prices.

GDP measures the value generated by all resident units engaged in productive activity before deduction of provisions for the consumption of fixed capital.

Data are disseminated generally in millions of NT dollars on GDP at current prices and constant 2011 prices, together with the implicit deflators.

The current and constant price estimates are compiled using both the production and the expenditure approaches. The full output-based GDP are disseminated showing a breakdown by productive activity as follows:

  • A breakdown by kind of economic activity into: agriculture, forestry, fishing and animal husbandry; mining and quarrying; manufacturing; electricity, gas and water; construction; trade; accommodation and eating-drinking places; transportation, storage and communication; finance and insurance; real estate, rental and leasing; professional, scientific and technical services; educational services; health care and social welfare services; cultural, sporting and recreational services; and other services.

  • The current and constant prices data are broken down by major expenditure category as follows: private consumption expenditure; government consumption expenditure; gross fixed capital formation; increase in inventories; and exports and imports of goods and services.

The data are both seasonally adjusted (SA), not seasonally adjusted (NSA), and seasonally adjusted at an annualized rate (SAAR).

Preliminary quarterly data are released in the following quarter, and revised in the next of the following quarter.

The first annual revision for a given year are released in November of the following year and the second revision will be released in November of the next of the following year.

A comprehensive revision is performed every five years.

Quarterly national accounts are estimated independently from the production side and the expenditure side. This procedure enables cross-checks of both statistics. The results of the estimation are released after the discussion and examination of the National Income Statistics Evaluation Committee