Taiwan Q2 GDP Growth Revised Higher

Taiwan’s annual economic growth in Q2 2025 was revised upward to 8.01% from an initial estimate of 7.96%, accelerating from a downwardly revised 5.45% in Q1.

This marked the fastest economic expansion since Q2 2021, driven by a 35.02% surge in exports (vs 19.38% in Q1), primarily fueled by strong demand for AI and emerging technologies.

Imports also rose significantly, increasing 31.29% compared to 23.71% in the previous quarter.

Meanwhile, government spending grew notably (2.85% vs 0.52%), while private consumption slowed (0.49% vs 1.32%), as did gross fixed capital formation (13.87% vs 18.48%).

On the production side, the manufacturing sector expanded by 17.24% in Q2 2025, following a 10.18% increase in Q1, mainly due to strong output growth in semiconductors, computers, electronics, and optical products.

On a seasonally adjusted basis, GDP rose 3.05% in Q2, accelerating from a downwardly revised 1.51% expansion in the previous quarter.