The Central Bank of Taiwan published balance of payments data for Q2 2025, reporting a current account surplus of USD 36.23 billion, a net asset increase of USD 18.53 billion on the financial account, and a USD 16.00 billion increase in the Bank’s reserve assets. Year on year, the current account surplus increased by USD 13.07 billion, driven mainly by a USD 15.04 billion rise in the goods trade surplus to USD 36.18 billion, linked to stronger exports supported by demand for emerging technology applications and inventory front-loading by overseas firms. The services deficit widened slightly to USD 4.27 billion, while the primary income surplus declined to USD 6.32 billion and the secondary income deficit widened to USD 2.00 billion. On the financial account, direct investment posted a net asset increase of USD 16.06 billion, including outward direct investment of USD 19.01 billion and inward direct investment of USD 2.95 billion. Portfolio investment showed a net asset decrease of USD 20.9 billion, alongside a USD 1.34 billion net asset decrease in financial derivatives and a USD 24.80 billion net asset increase in other investment, attributed mainly to higher banks’ deposits with overseas branches; the next balance of payments release is scheduled for November 20, 2025.
Central Bank of Taiwan 2025-08-20
Central Bank of Taiwan reports Q2 2025 balance of payments with US$36.23 billion current account surplus and US$16.00 billion rise in reserve assets
The Central Bank of Taiwan reported a Q2 2025 current account surplus of USD 36.23 billion, with a USD 13.07 billion year-on-year increase driven by a rise in the goods trade surplus. The financial account saw a net asset increase of USD 18.53 billion, with notable movements in direct and portfolio investments. Reserve assets increased by USD 16.00 billion.