Industrial production in Taiwan jumped 16.78 percent from a year earlier in March of 2021, following a downwardly revised 2.52 percent increase in the previous month. It was the 14th straight month of growth in industrial activity, as production quickened significantly in manufacturing (18.05 percent vs 3.29 percent), and rebounded for mining (9.45 percent vs -2.51 percent) and electricity & gas supply (2.17 percent vs -6.98 percent). Nevertheless, output continued to decline for water supply (-1.05 percent vs -1.55 percent). On a seasonally adjusted monthly basis, industrial production edged down 1.05 percent, after a downwardly revised 3.94 percent advance in the prior month. source: Ministry of Economic Affairs (MOEA), Taiwan

Industrial Production in Taiwan averaged 4.92 percent from 1997 until 2021, reaching an all time high of 75.71 percent in January of 2010 and a record low of -43.30 percent in January of 2009. This page provides the latest reported value for - Taiwan Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Taiwan Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on May of 2021.

Industrial Production in Taiwan is expected to be 6.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Taiwan to stand at 1.50 in 12 months time. In the long-term, the Taiwan Industrial Production is projected to trend around 2.00 percent in 2022, according to our econometric models.

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Taiwan Industrial Production

Actual Previous Highest Lowest Dates Unit Frequency
16.78 2.52 75.71 -43.30 1997 - 2021 percent Monthly
NSA, 2016=100


Calendar GMT Actual Previous Consensus TEForecast
2021-01-25 08:00 AM Dec 9.9% 7.56% 6.5%
2021-02-25 08:00 AM Jan 18.81% 10.3% 8.8%
2021-03-23 08:00 AM Feb 2.96% 19.04% 3.5%
2021-04-23 08:00 AM Mar 16.78% 2.52% 5.5%
2021-05-25 08:00 AM Apr 16.78%
2021-06-23 08:00 AM May
2021-07-23 08:00 AM Jun
2021-08-24 08:00 AM Jul


News Stream
Taiwan Industrial Output Growth Quickens in March
Industrial production in Taiwan jumped 16.78 percent from a year earlier in March of 2021, following a downwardly revised 2.52 percent increase in the previous month. It was the 14th straight month of growth in industrial activity, as production quickened significantly in manufacturing (18.05 percent vs 3.29 percent), and rebounded for mining (9.45 percent vs -2.51 percent) and electricity & gas supply (2.17 percent vs -6.98 percent). Nevertheless, output continued to decline for water supply (-1.05 percent vs -1.55 percent). On a seasonally adjusted monthly basis, industrial production edged down 1.05 percent, after a downwardly revised 3.94 percent advance in the prior month.
2021-04-23
Taiwan Industrial Output Growth at 9-Month Low
Industrial production in Taiwan rose 2.96 percent from a year earlier in February of 2021, following an upwardly revised 19.04 percent jump in the previous month. It was the 13th straight month of growth in industrial activity although the weakest since last May, as production slowed sharply in manufacturing (3.79 percent vs 19.97 percent in January). In addition, output shrank in mining & quarrying (-3.68 percent vs 30.29 percent); electricity & gas supply (-7.03 percent vs 8.24 percent) and water supply (-1.54 percent vs 0.76 percent). On a seasonally adjusted monthly basis, industrial production increased 4.37 percent, after an upwardly revised 3.16 percent rise in the prior month.
2021-03-23
Taiwan Industrial Output Growth at Near 1-Year High
Industrial production in Taiwan jumped 18.81 percent year-on-year in January of 2021, following an upwardly revised 10.29 percent rise in the previous month. It was the 12th consecutive month of growth in industrial activity and the strongest since last February, mainly boosted by manufacturing (19.67 percent vs 10.80 percent in December) and mining & quarrying (17.68 percent vs 13.31 percent). Output also advanced faster for electricity & gas supply (8.36 percent vs 4.39 percent) and water supply (0.76 percent vs 0.68 percent). On a seasonally adjusted monthly basis, industrial activity grew 3 percent, the biggest increase in a year. Taiwan's 2020 industrial production growth was revised upwards to 7.08 percent from an earlier 6.81 percent.
2021-02-25
Taiwan Industrial Output Growth Quickens in December
Industrial production in Taiwan surged 9.9 percent year-on-year in December of 2020, following a downwardly revised 7.56 percent rise in the previous month. It was the 11th consecutive month of growth in industrial activity, as manufacturing output rose faster (10.41 percent vs 7.83 percent in November). Meanwhile, production advanced at a slower pace for mining & quarrying (13.48 percent vs 16.26 percent) and electricity, gas and water supply (4.39 percent vs 4.60 percent). On a monthly basis, industrial production increased 1.9 percent, following a downwardly revised 1.1 percent rise in the previous month.
2021-01-25

Taiwan Industrial Production
In Taiwan, industrial production measures the output of businesses integrated in industrial sector of the economy. Manufacturing is the most important sector and accounts for 92.7 percent of total production. The biggest segments within manufacturing are: electronic parts and components (29.4 percent); chemical materials (10.8 percent); basic metals (9 percent); computers, electronic and optical products (8.8 percent) and machinery and equipment (5.1 percent). Electricity and gas supply accounts for 4.6 percent of total output, water supply for 0.5 percent, construction for 1.5 percent and mining and quarrying for 0.6 percent.