Taiwan’s Excess Savings Skyrocketing
The DGBAS said the excess savings rate will also climb to 29.49 percent as AI-driven exports and investment keep rising.
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3 Articles
Taiwan’s excess savings skyrocketing
Taiwan’s excess savings are expected to reach a record NT$11 trillion (US$345 billion) next year, as the artificial intelligence (AI) boom boosts the country’s exports and current account surplus, the Directorate General of Budget, Accounting and Statistics (DGBAS) said.With excess savings expected
Taiwan's excess savings forecast to top NT$11 trillion in 2027: DGBAS
Taipei, Aug. 17 (CNA) Taiwan's excess savings are expected to reach a record NT$11 trillion (US$345 billion) in 2027, as the current AI boom boosts the country's exports and current account surplus, according to the Directorate General of Budget, Accounting and Statistics (DGBAS).
The Directorate-General of Budget, Accounting and Statistics released its latest economic forecast last week, significantly revising its full-year economic growth rate for 2026 to 11.05%, the highest level in 39 years. It is estimated that excess savings will surpass NT$11 trillion in 2027, with the excess savings rate reaching 29.49%, potentially setting a new historical record.
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