Taiwan GDP Annual Growth Rate

The Gross Domestic Product (GDP) in Taiwan expanded 2.95 percent in the fourth quarter of 2013 over the same quarter of the previous year. GDP Annual Growth Rate in Taiwan is reported by the National Statistics, Republic of China. GDP Annual Growth Rate in Taiwan averaged 7.17 Percent from 1962 until 2013, reaching an all time high of 17.06 Percent in the third quarter of 1978 and a record low of -8.12 Percent in the first quarter of 2009. Taiwan’s economy is export oriented. As such, manufacturing is crucial and accounts for around 31 percent of GDP. Like in most advanced economies, the services sector is the biggest and constitutes nearly 65 percent of GDP. Within services, the most important are wholesale and retail trade (17.3 percent of GDP); real estate (8 percent of GDP); and public administration and defence (6.4 percent of GDP). This page provides - Taiwan GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-25

Actual Previous Highest Lowest Forecast Dates Unit Frequency
2.95 1.66 17.06 -8.12 2.17 | 2014/06 1962 - 2013 Percent Quarterly

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Taiwan GDP Annual Growth Rate
LIST BY COUNTRY


CALENDAR GMT Country Event Reference Actual Previous Consensus Forecast
2013-10-31 12:30 AM Taiwan
GDP Growth Rate YoY
Q3 2013 (A) 1.58% 2.49% 2.43%
2013-11-29 09:00 AM Taiwan
GDP Growth Rate YoY - Final
Q3 2013 (F) 1.66% 2.69% (R) 1.58% 1.58%
2014-01-28 12:30 AM Taiwan
GDP Growth Rate YoY Adv
Q4 2013 2.92% 1.66% 1.83% 1.37%
2014-02-18 08:00 AM Taiwan
GDP Growth Rate YoY Final
Q4 2013 2.95% 2.92% 2.92% 2.92%
2014-04-30 01:30 AM Taiwan
GDP Growth Rate YoY Adv
Q1 2014 2.95% 1.87%
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GDP Last Previous Highest Lowest Forecast Unit
GDP 473.97 2012-12-31 466.83 473.97 42.23 500.50 2014-06-30 USD Billion [+]
GDP Constant Prices 3898337.00 2013-11-15 3830554.00 3898337.00 672100.00 3898683.70 2014-03-31 TWD Million [+]
GDP Growth Rate 2.43 2013-12-31 0.27 5.64 -5.07 1.58 2014-06-30 Percent [+]
GDP Annual Growth Rate 2.95 2013-12-31 1.66 17.06 -8.12 2.17 2014-06-30 Percent [+]
Gross Fixed Capital Formation 684546.00 2013-11-15 643010.00 767687.00 8877.00 663229.62 2014-03-31 TWD Million [+]
Gross National Product 4162937.00 2013-11-15 3980762.00 4162937.00 99800.00 4097153.81 2014-03-31 TWD Million [+]
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GDP Annual Growth Rate | Notes
The annual growth rate in Gross Domestic Product measures the increase in value of the goods and services produced by an economy over the period of a year. Therefore, unlike the commonly used quarterly GDP growth rate the annual GDP growth rate takes into account a full year of economic activity, thus avoiding the need to make any type of seasonal adjustment.


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Taiwan Consumer Confidence at 80.96  
Consumer Confidence in Taiwan decreased to 80.96 in March of 2014 from 82.93 in February of 2014. Consumer Confidence in Taiwan is reported by the Research Center for Taiwan Economic Development (RCTED).
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Bankruptcies in Taiwan decreased to 1386 Companies in February of 2014 from 2031 Companies in January of 2014. Bankruptcies in Taiwan is reported by the Ministry of Economic Affairs, R.O.C.
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Taiwan recorded a Current Account surplus of 17138 USD Million in the fourth quarter of 2013. Current Account in Taiwan is reported by the Central Bank of the Republic of China (Taiwan).
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Car Registrations in Taiwan decreased to 21535.01 Thousand in March of 2014 from 21583.38 Thousand in February of 2014. Car Registrations in Taiwan is reported by the Ministry of Transportation, R.O.C.
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Changes in Inventories in Taiwan decreased to -21242 TWD Million in the fourth quarter of 2013 from -12404 TWD Million in the third quarter of 2013. Changes in Inventories in Taiwan is reported by the DGBAS, Taiwan.
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Consumer Price Index (CPI) in Taiwan increased to 103.05 Index Points in March of 2014 from 102.85 Index Points in February of 2014. Consumer Price Index (CPI) in Taiwan is reported by the DGBAS, Taiwan.
Taiwan Consumer Spending at 2071523.00 TWD Million  
Consumer Spending in Taiwan increased to 2071523 TWD Million in the fourth quarter of 2013 from 2050880 TWD Million in the third quarter of 2013. Consumer Spending in Taiwan is reported by the DGBAS, Taiwan.
Taiwan Core Consumer Prices at 102.18 Index Points  
Core Consumer Prices in Taiwan increased to 102.18 Index Points in March of 2014 from 102.16 Index Points in February of 2014. Core Consumer Prices in Taiwan is reported by the DGBAS, Taiwan.
Taiwan Inflation Rate at 1.61 Percent  
The inflation rate in Taiwan was recorded at 1.61 percent in March of 2014. Inflation Rate in Taiwan is reported by the National Statistics, Republic of China.
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