26.02.202608:20:00UTC+00Taiwan’s Balance of Payments Swings to $1 Billion Deficit in Q4 2025

Taiwan’s external accounts turned negative in the final quarter of 2025, as the country’s balance of payments (BoP) fell to a deficit of USD 1.0 billion, according to data updated on 26 February 2026. This marks a sharp reversal from the previous quarter, when the BoP recorded a surplus of USD 5.12 billion in the third quarter of 2025.

The shift from a solid surplus to a modest deficit in the fourth quarter signals a deterioration in Taiwan’s overall external position over the closing months of the year. While the data release confirms the magnitude and timing of the move, it does not include details on the underlying drivers, such as current account or capital flow developments, that contributed to the Q4 shortfall.

Analysts and market participants are likely to scrutinize subsequent releases and breakdowns of the balance of payments to assess whether the fourth-quarter deficit reflects one-off factors or a more persistent change in Taiwan’s external dynamics heading into 2026.