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

The Taiwanese economy expanded 3.10 percent year-on-year in the third quarter of 2017, compared to an upwardly revised 2.28 percent growth in the previous period, and slightly below preliminary estimates of 3.11 percent, final figures showed. It was the strongest growth since the first quarter of 2015. On the demand side, private consumption rose faster (2.69 percent compared to 2.05 percent in Q2). Meanwhile, government spending increased slightly less (0.83 percent compared to 0.84 percent in Q2) while gross fixed capital formation fell 3.65 percent (0.80 percent in Q2). Meantime, net trade positively contributed to growth, as exports went up 11.70 percent (from 5.08 percent in Q2) while imports advanced at a softer 6.94 percent (from 5.01 percent). The GDP is predicted to grow 2.58% and 2.29% in 2017 and 2018, respectively. GDP Annual Growth Rate in Taiwan averaged 6.85 percent from 1962 until 2017, 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
2017-08-18 08:30 AM GDP Growth Rate YoY Final 2.13% 2.66% 2.1% 2.1%
2017-10-31 08:00 AM GDP Growth Rate YoY Adv 3.11% 2.13% 2.15% 2.2%
2017-11-24 08:00 AM GDP Growth Rate YoY Final 3.10% 2.28% 3.11% 3.11%
2018-01-31 12:30 AM GDP Growth Rate YoY Adv 3.10% 3.15%
2018-02-23 08:00 AM GDP Growth Rate YoY Final 3.10% 3.15%
2018-04-28 12:30 AM GDP Growth Rate YoY Adv


Taiwan GDP Last Previous Highest Lowest Unit
GDP Growth Rate 1.67 0.37 5.64 -5.07 percent [+]
GDP Annual Growth Rate 3.10 2.28 17.06 -8.12 percent [+]
GDP 523.01 530.04 530.04 42.30 USD Billion [+]
GDP Constant Prices 4108349.00 4040957.00 4108349.00 604229.00 TWD Million [+]
Gross National Product 4514433.00 4317802.00 4582711.00 99800.00 TWD Million [+]
Gross Fixed Capital Formation 926046.00 890366.00 961140.00 8907.00 TWD Million [+]
GDP From Agriculture 45261.00 57159.00 72053.00 39800.00 TWD Million [+]
GDP From Construction 98906.00 96191.00 121071.00 41088.00 TWD Million [+]
GDP From Manufacturing 1347014.00 1215131.00 1347014.00 130647.00 TWD Million [+]
GDP From Mining 3197.00 3352.00 15925.00 2701.00 TWD Million [+]
GDP From Public Administration 272039.00 267884.00 280931.00 85791.00 TWD Million [+]
GDP From Services 2600590.00 2551857.00 2688576.00 317742.00 TWD Million [+]
GDP From Transport 118116.00 114934.00 119146.00 20691.00 TWD Million [+]
GDP From Utilities 33646.00 28545.00 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 December of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
3.10 2.28 17.06 -8.12 1962 - 2017 percent Quarterly




GDP annual growth rate by Country
Country Last
China 6.80 Sep/17
India 6.30 Sep/17
Turkey 5.10 Jun/17
Indonesia 5.06 Sep/17
South Korea 3.80 Sep/17
Spain 3.10 Sep/17
Canada 3.00 Sep/17
Netherlands 3.00 Sep/17
Australia 2.80 Sep/17
Germany 2.80 Sep/17
Euro Area 2.60 Sep/17
United States 2.30 Sep/17
France 2.20 Sep/17
Japan 2.10 Sep/17
Russia 1.80 Sep/17
Italy 1.70 Sep/17
Mexico 1.50 Sep/17
United Kingdom 1.50 Sep/17
Brazil 1.40 Sep/17
Switzerland 1.20 Sep/17