TWD macro coverage

Taiwan Economic Indicators

New Taiwan dollar — managed currency at the heart of the global semiconductor supply chain.

The New Taiwan dollar (TWD) is the official currency of Taiwan. It is closely managed by the Central Bank of the Republic of China (CBC) and serves as a key proxy for the global semiconductor cycle through Taiwan's central role in chip manufacturing.

Taiwan macro brief

The highest-signal pages for Taiwan include Central Bank Policy Rate, Inflation Rate (CPI/HICP), Core Inflation, Gross Domestic Product (GDP) Growth, with each page linking back to the source metadata, release history, and API endpoint.

The CBC sets the discount rate at four scheduled meetings per year and targets broad money growth alongside inflation. Taiwan operates a managed-float regime with active CBC intervention to limit FX volatility.

The pages below are organized by indicator rather than API route. That keeps the public website useful for research while still preserving direct links into the versioned API documentation for developers.

What to watch
  • CBC quarterly policy decision and meeting summary.
  • Taiwan CPI release.
  • Monthly export orders and electronics export data.
  • USD/TWD spot and CBC intervention rhetoric.
  • Quarterly GDP advance estimates.

Key Taiwan indicators

The highest-signal country pages for rates, inflation, growth, labour markets, and external balances.

Central Bank Policy Rate

Primary interest rate set by the Central Bank.

~4-5x/year % Monetary Policy

Inflation Rate (CPI/HICP)

Headline inflation: the year-over-year percentage change in the Consumer Price Index (CPI), the standard measure central banks target.

Monthly %YoY Economy

Core Inflation

CPI excluding volatile items like food and energy.

Quarterly %YoY Economy

Gross Domestic Product (GDP) Growth

GDP growth: the quarterly change in the inflation-adjusted value of all goods and services produced in the economy.

Quarterly %YoY Economy

Unemployment Rate

Percentage of the labor force that is unemployed.

Monthly % Labor Market

Trade Balance

The difference between the value of a country's exports and imports.

Monthly USD Billions Economy

Retail Sales

Measures change in the total value of sales at the retail level.

Monthly %YoY Economy

Producer Price Index (PPI)

Measures the average change over time in the selling prices received by domestic producers for their output.

Monthly %YoY Economy

All Taiwan indicator pages

Filter by indicator name, source, cadence, or category.

Economy 10 pages

Business Confidence

Survey-based measure of business executives' outlook on economic conditions, production, and investment plans.

Monthly Index (0-100 normalized) Coverage metadata updating

Consumer Confidence

Survey-based measure of consumers' confidence in economic conditions, employment prospects, and personal finances.

Monthly Index (0-100 normalized) Coverage metadata updating

Current Account Balance

Measures trade in goods and services and income flows.

Quarterly USD Billions Coverage metadata updating

Gross Domestic Product (GDP) Growth

GDP growth: the quarterly change in the inflation-adjusted value of all goods and services produced in the economy.

Quarterly %YoY Coverage metadata updating

Inflation Rate (CPI/HICP)

Headline inflation: the year-over-year percentage change in the Consumer Price Index (CPI), the standard measure central banks target.

Monthly %YoY Coverage metadata updating

Producer Price Index (PPI)

Measures the average change over time in the selling prices received by domestic producers for their output.

Monthly %YoY Coverage metadata updating

Trade Balance

The difference between the value of a country's exports and imports.

Monthly USD Billions Coverage metadata updating

Trade-Weighted Index (NEER)

Nominal Effective Exchange Rate (NEER) measuring the value of a currency relative to a basket of trading partners' currencies, weighted by trade volumes. Published monthly by the BIS.

Monthly Index Coverage metadata updating
Labor Market 5 pages

Labor Force Participation Rate

Ratio of the labor force to the working-age population.

Monthly % Coverage metadata updating
Money & Credit 3 pages

Narrow Money (M1)

Currency in circulation + transaction deposits. RBNZ column A.

Monthly TWD Billions Coverage metadata updating

M2 Money Supply

M1 + savings deposits (on-call). RBNZ derived: column A + B1.

Monthly TWD Billions Coverage metadata updating

Broad Money (M3)

M1 + savings + term deposits. RBNZ column A+B (broadest aggregate).

Monthly ARS mn Coverage metadata updating
Monetary Policy 3 pages

Foreign Exchange Reserves

Assets held by the central bank in foreign currencies, used to support the exchange rate and manage monetary policy. Key indicator of a country's external financial position.

Monthly USD Billions Coverage metadata updating
Government Bond Yields 5 pages
Additional Indicators 3 pages

TWD market drivers

Evergreen macro forces to keep beside the country data table.

Driver 1

CBC discount rate and quarterly policy statements.

Driver 2

Taiwan CPI and core CPI.

Driver 3

Taiwan export orders and electronics exports.

Driver 4

Global semiconductor demand and TSMC monthly revenue.

Driver 5

USD/CNH and broader Asian FX moves.

Driver 6

Cross-Strait geopolitical news.