Taiwan GDP Annual Growth Rate  1962-2017 | Data | Chart | Calendar

The Taiwanese economy expanded 2.88 percent year-on-year in the December quarter of 2016, higher than a preliminary figure of a 2.58 percent expansion and an upwardly revised 2.12 percent growth in the September quarter, final data showed. It was the strongest expansion since Q1 2015, driven by a faster rise in investment (8.13 percent from 3.11 percent in Q3) and exports (8.02 percent from 3.59 percent) while private consumption eased (1.62 percent from 2.46 percent). On the production side, most sectors grew: manufacturing (6.16 percent), transportation (8.59 percent), wholesale & retail trade (3.36 percent), information and communication (1.94 percent), electricity and gas supply (2.54 percent, and real estate and ownership of dwellings (1.18 percent). In contrast, a decline was seen for construction (-2.03 percent), and mining and quarrying (-11.48 percent). GDP Annual Growth Rate in Taiwan averaged 6.91 percent from 1962 until 2016, 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 GDP Annual Growth Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-11-25 08:15 AM Q3 2.03% 0.7% 1.9%
2017-01-25 12:30 AM Q4 2.58% 2.03% 3.1% 2.3%
2017-02-15 08:00 AM Q4 2.88% 2.12% 2.58% 2.63%
2017-04-28 12:30 AM Q1 2.88% 3.3%
2017-05-27 08:00 AM Q1 2.88%
2017-07-29 12:30 AM Q2 2.6%




Taiwan GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.45 0.98 5.64 -5.07 percent [+]
GDP Annual Growth Rate 2.88 2.12 17.06 -8.12 percent [+]
GDP 523.01 530.04 530.04 42.30 USD Billion [+]
GDP Constant Prices 4004048.00 3986074.00 4004048.00 604229.00 TWD Million [+]
Gross National Product 4594814.00 4451262.00 4594814.00 99800.00 TWD Million [+]
Gross Fixed Capital Formation 972388.00 964529.00 972388.00 8907.00 TWD Million [+]
GDP From Agriculture 60384.00 47500.00 72053.00 39800.00 TWD Million [+]
GDP From Construction 79420.00 97726.00 121071.00 41088.00 TWD Million [+]
GDP From Manufacturing 1241636.00 1276085.00 1276085.00 130647.00 TWD Million [+]
GDP From Mining 3733.00 3015.00 15925.00 2701.00 TWD Million [+]
GDP From Public Administration 252902.00 270402.00 280931.00 85791.00 TWD Million [+]
GDP From Services 2682294.00 2533509.00 2682294.00 317742.00 TWD Million [+]
GDP From Transport 120678.00 111776.00 120678.00 20691.00 TWD Million [+]
GDP From Utilities 41533.00 33204.00 61237.00 5349.00 TWD Million [+]


Taiwan GDP Annual Growth Rate Notes

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. Taiwan GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on April of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
2.88 2.12 17.06 -8.12 1962 - 2016 percent Quarterly



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