East Asia & Pacific · GDP rank #20

Taiwan

TW · TWD @ 0.0318/USD

Tab 04

Economics

The macro backdrop that actually bends payment behaviour. Nominal GDP, real growth, CPI, policy rate, and FX volatility set the backdrop; interchange, MDR, FX regime, and capital-control posture set the industry-specific dynamics.

TWD appreciated 2.1% vs USD in Q1 2026 as TSMC-driven export surplus persisted.

Nominal GDP

$790B

Real GDP growth

3.8%

CPI inflation

1.9%

Policy rate

Unemployment

3.4%

30-day FX volatility

1.1%

Remittance inflows

$1.4B

Remittance outflows

$3.8B

FX posture

How the currency is managed

The FX regime and capital-control posture together determine how much of cross-border flow is priced against the interbank and how much is administratively steered.

FX regime: managed float — CBC intervenes to smooth volatility but allows underlying trend
Capital controls: partial — outbound capital reporting above NT$500k; inbound remittance above US$50k reporting

30-day currency volatility

0.0%benchmark 2.5%1.1%

Scale 0-15%. Benchmark 2.5% marks the approximate median across G10 majors.