The Gross Domestic Product (GDP) in Taiwan expanded 2.34 percent in the fourth quarter of 2023 over the previous quarter. GDP Growth Rate in Taiwan averaged 1.29 percent from 1981 until 2023, reaching an all time high of 8.42 percent in the fourth quarter of 2009 and a record low of -4.48 percent in the third quarter of 2008. source: National Statistics, Republic of China

GDP Growth Rate in Taiwan is expected to be 1.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.

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Taiwan GDP Growth Rate


Related Last Previous Unit Reference
GDP Growth Rate 2.34 1.91 percent Dec 2023
GDP Annual Growth Rate 4.93 2.15 percent Dec 2023
GDP 774.70 669.30 USD Billion Dec 2021
GDP Constant Prices 5674333.00 5544557.00 TWD Million Dec 2023
Gross National Product 5963926.00 5697698.00 TWD Million Dec 2023
Gross Fixed Capital Formation 1260451.00 1315377.00 TWD Million Dec 2023
Full Year GDP Growth 1.31 2.59 percent Dec 2023
GDP from Utilities 86983.00 92778.00 TWD Million Dec 2023
GDP from Transport 156954.00 149112.00 TWD Million Dec 2023
GDP from Services 3520420.00 3287693.00 TWD Million Dec 2023
GDP from Public Administration 270850.00 287011.00 TWD Million Dec 2023
GDP from Mining 3666.00 2866.00 TWD Million Dec 2023
GDP from Manufacturing 1910727.00 1989942.00 TWD Million Dec 2023
GDP from Construction 101197.00 121502.00 TWD Million Dec 2023
GDP from Agriculture 88028.00 74328.00 TWD Million Dec 2023

Taiwan GDP Growth Rate
Taiwan's economy, one of the "Four Asian Tigers", is export-oriented and specialized in production of electronics and machinery. Taiwan is one of the world's largest suppliers of computer chips, LCD panels, DRAM computer memory, networking equipment, and consumer electronics.
Actual Previous Highest Lowest Dates Unit Frequency
2.34 1.91 8.42 -4.48 1981 - 2023 percent Quarterly