The central bank of Taiwan held its key policy rate at 1.375 percent on December 19th 2019, as widely expected. Policymakers raised its 2020 economic growth forecast to 2.57 percent from 2.34 percent amid an improving export outlook. In November, annual inflation rate rose to 0.6 percent from 0.4 percent in the precious month.
Interest Rate in Taiwan averaged 1.85 percent from 2000 until 2019, reaching an all time high of 4.63 percent in December of 2000 and a record low of 1.25 percent in February of 2009. This page provides the latest reported value for - Taiwan Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
Interest Rate in Taiwan is expected to be 1.38 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Taiwan to stand at 1.38 in 12 months time. In the long-term, the Taiwan Interest Rate is projected to trend around 1.38 percent in 2020, according to our econometric models.