Taiwan GDP Annual Growth Rate  1962-2016 | Data | Chart | Calendar

The Taiwanese GDP expanded 2.03 percent year-on-year in the three months to September of 2016, compared to a preliminary estimate of a 2.06 percent growth and a 1.1 percent expansion in the June quarter, final figure showed. It was the strongest growth since the March quarter 2015, driven by a rebound in investment (+3.11 percent from -3.10 percent in the June quarter) while private consumption (+2.46 percent from +1.23 percent), government spending (+3.56 percent from +1.96 percent) and exports (+3.59 percent from +0.63 percent) rose at a faster pace. On the production side, manufacturing sector grew the most by 5.17 percent, followed by transportation and storage (+5.12 percent), electricity and gas supply (+3.52 percent) and finance and insurance (+3.25 percent). In contrast, construction fell 2.51 percent. On a quarter-on-quarter seasonally adjusted basis, the economy advanced 0.96 percent, accelerating from a 0.06 percent expansion in the June quarter. GDP Annual Growth Rate in Taiwan averaged 6.93 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)
2016-08-19 08:30 AM Q2 0.7% -0.29% 0.69% 0.69%
2016-10-28 12:30 AM Q3 2.06% 0.7% 1.8% 1.8%
2016-11-25 08:15 AM Q3 2.03% 0.7% 1.9%
2017-01-29 12:30 AM Q4 3.21%
2017-02-17 08:00 AM Q4 3.21%
2017-04-29 12:30 AM Q1 3.84%




Taiwan GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.96 0.06 5.64 -5.07 percent [+]
GDP Annual Growth Rate 2.03 1.13 17.06 -8.12 percent [+]
GDP 523.58 530.04 530.04 42.30 USD Billion [+]
GDP Constant Prices 3980028.00 3942036.00 3980028.00 604229.00 TWD Million [+]
Gross National Product 4438774.00 4232116.00 4438774.00 99800.00 TWD Million [+]
Gross Fixed Capital Formation 961652.00 883781.00 961652.00 8907.00 TWD Million [+]
GDP From Agriculture 47489.00 54874.00 72053.00 39800.00 TWD Million [+]
GDP From Construction 97727.00 96233.00 121071.00 41088.00 TWD Million [+]
GDP From Manufacturing 1276085.00 1161288.00 1276085.00 130647.00 TWD Million [+]
GDP From Mining 3042.00 3316.00 15925.00 2701.00 TWD Million [+]
GDP From Public Administration 270420.00 267671.00 280931.00 85791.00 TWD Million [+]
GDP From Services 2532739.00 2509870.00 2626810.00 317742.00 TWD Million [+]
GDP From Transport 111280.00 112914.00 114749.00 20691.00 TWD Million [+]
GDP From Utilities 32924.00 28958.00 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 December of 2016.

Actual Previous Highest Lowest Dates Unit Frequency
2.03 1.13 17.06 -8.12 1962 - 2016 percent Quarterly



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