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 ...

Dow futures dropped more than 100 points in early trading, as traders returned from the long holiday  weekend to face fresh selling pressure for US stocks.
A six-day rebound in world stocks began to splutter on Tuesday...
ADB Forecasts India Growth at 7.3 Percent
The Asian Development Bank expects India’s growth to pick up...
Chinese ironworks are increasingly  using Australian ore, which has  a high iron content.
Global stock markets are down from their recent peaks and...
London-based Capital Economics expects the German economy to expand by 2.7% this year. This would be above the government’s  more conservative forecast of 2.4%.
The German economy is expected to improve in the next six...
Indonesia Criticizes Trump’s Protectionist Policies
Indonesia is foregoing billions of dollars on offer from...
Ghana Told to Cut High Agro Imports
The World Bank country director for Ghana, Henry Kerali, has...
Goldman Raises Red Flag Over US Gov’t Spending
US fiscal policy is headed for “uncharted territory.” That’s...
Venezuela’s Digital Currency Makes Debut
Venezuela has begun the process of introducing a new digital...

Add new comment

Read our comment policy before posting your viewpoints