Taiwan GDP Annual Growth Rate  1962-2018 | Data | Chart | Calendar

The Taiwanese economy grew 3.04 percent year-on-year in the first quarter of 2018, easing from a 3.28 percent expansion in the previous period and above market expectations of 2.84 percent. The contribution from net export declined as imports jumped 5.61 percent (1.78 percent in Q4) and exports grew 6.03 percent, nearly the same as in Q4. On the other hand, private consumption increased faster (3.02 percent vs 2.89 percent), boosted by higher spending on transport, recreation & culture and financial services. In addition, government spending rebounded (6.27 percent vs -1.32 percent) and gross capital formation declined less (-1.7 percent vs -4.69 percent). On a seasonally adjusted basis, the economy advanced 0.33 percent on quarter, below 1.07 percent in the previous period. . GDP Annual Growth Rate in Taiwan averaged 6.82 percent from 1962 until 2018, 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 Actual Previous Consensus TEForecast
2018-01-31 08:00 AM GDP Growth Rate YoY Adv 3.28% 3.10% 2.5% 2.6%
2018-02-13 08:30 AM GDP Growth Rate YoY Final 3.28% 3.18% 3.15%
2018-04-27 08:00 AM GDP Growth Rate YoY Adv 3.04% 3.28% 2.84% 2.5%
2018-05-25 08:00 AM GDP Growth Rate YoY Final 3.28% 3%
2018-07-31 08:00 AM GDP Growth Rate YoY Adv 2.90%
2018-08-24 08:30 AM GDP Growth Rate YoY Final


Taiwan GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.33 1.07 5.64 -5.07 percent [+]
GDP Annual Growth Rate 3.04 3.28 17.06 -8.12 percent [+]
GDP 529.58 525.24 530.52 42.30 USD Billion [+]
GDP Constant Prices 4145932.00 4108349.00 4145932.00 604229.00 TWD Million [+]
Gross National Product 4673326.00 4514433.00 4673326.00 99800.00 TWD Million [+]
Gross Fixed Capital Formation 939213.00 926046.00 961140.00 8907.00 TWD Million [+]
GDP From Agriculture 62946.00 45261.00 72053.00 39800.00 TWD Million [+]
GDP From Construction 81093.00 98906.00 121071.00 41088.00 TWD Million [+]
GDP From Manufacturing 1304828.00 1347014.00 1347014.00 130647.00 TWD Million [+]
GDP From Mining 3902.00 3197.00 15925.00 2701.00 TWD Million [+]
GDP From Public Administration 254366.00 272039.00 280931.00 85791.00 TWD Million [+]
GDP From Services 2760119.00 2600590.00 2760119.00 317742.00 TWD Million [+]
GDP From Transport 123615.00 118116.00 123615.00 20691.00 TWD Million [+]
GDP From Utilities 41818.00 33646.00 61237.00 5349.00 TWD Million [+]


Taiwan GDP Annual Growth Rate

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 May of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
3.04 3.28 17.06 -8.12 1962 - 2018 percent Quarterly




GDP annual growth rate by Country
Country Last
Turkey 7.30 Dec/17
India 7.20 Dec/17
China 6.80 Mar/18
Indonesia 5.06 Mar/18
Canada 2.90 Dec/17
Spain 2.90 Mar/18
United States 2.90 Mar/18
Netherlands 2.80 Mar/18
South Korea 2.80 Mar/18
Euro Area 2.50 Mar/18
Australia 2.40 Dec/17
Germany 2.30 Mar/18
Brazil 2.10 Dec/17
France 2.10 Mar/18
Switzerland 1.90 Dec/17
Italy 1.40 Mar/18
Mexico 1.30 Mar/18
Russia 1.30 Mar/18
United Kingdom 1.20 Mar/18
Japan 0.90 Mar/18


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