Taiwan Private Sector Investment Rises
Taiwan Private Sector Investment Rises

Taiwan Private Sector Investment Rises

Taiwan Private Sector Investment Rises

The private sector has contributed more to Taiwan’s total investment from year to year, while contribution from the government to capital formation has been on the decline, according to the directorate general of budget, accounting and statistics.
In the first half of this year, private investment accounted for 84.2% of Taiwan’s capital formation, up from 82.4% for the whole of 2016, data compiled by the DGBAS shows, CNA reported.
On the other hand, government investment made up 11.5% of the country’s capital formation in the first six months of the year, down from 12.4% recorded last year, the statistics indicate.
The private sector has been getting more and more important in the country’s capital formation, with the percentage in yearly contribution on the rise, the DGBAS said, citing data showing that the percentage in 2011 stood at 76.4% and has grown year by year.
The ratio rose to 78.2% in 2012, to 79.5% in 2013, to 80.7% in 2014, to 81.9% in 2015, and to 82.4% in 2016, the DGBAS said.
With the government’s contribution to the country’s capital formation falling, the percentage fell from 17% in 2011 to 15.6% in 2012, to 14.6% in 2013, to 13.2% in 2014, to 12.6% in 2015 and to 12.4% in 2016, the DGBAS added.
Even including investment made by state-run enterprises, the combined public investment has not surpassed 20% of the country’s capital formation since 2014, the DGBAS said. In the first half of this year, the percentage stood at 15.8%, the DGBAS data shows.
Capital formation made up 20.5% of Taiwan’s gross domestic product in the first half of this year, down 2.9 percentage points from a year earlier, the DGBAS said. In 2016, the ratio was 20.9%.



Short URL : https://goo.gl/vmBsyp
  1. https://goo.gl/C1e85T
  • https://goo.gl/fG4Dmv
  • https://goo.gl/BMFSLB
  • https://goo.gl/mZx3Pm
  • https://goo.gl/TKSA3Z

You can also read ...

India Hits Back at US With Tariffs
Responding to the US import tariffs on certain steel and...
American farmers are losing sales as trading partners hit back with duties of their own.
Only a few months ago, the global economy appeared to be...
Ministers Fired After Argentina Currency Collapse
Argentina’s President Mauricio Macri has replaced two cabinet...
Few Will Want to Invest in High-Risk North Korea
US President Donald Trump dangled the carrot of foreign...
Refugees now comprise about 20% of Jordan’s population.
Saudi Arabia, the United Arab Emirates and Kuwait pledged $2.5...
Businesses in Gaza are cutting back production as a result of falling consumer demand, the prevailing financial sanctions, restricted access to goods and materials, and lack of freedom of movement.
Humanitarian, socioeconomic, political and security conditions...
Greece Creditors Debate Extensions on Bailout Loans
Greek bailout talks are reaching the final stretch and...
Eurozone Reform Agreement
Paris and Berlin are very close to an agreement on eurozone...

Add new comment

Read our comment policy before posting your viewpoints