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.

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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

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GDP annual growth rate by Country

Country	Last		Previous	Highest	Lowest
Turkey	7.30	Dec/17	11.3	11.7	-14.4	%	Quarterly
India	7.20	Dec/17	6.5	11.4	-5.2	%	Quarterly
China	6.80	Mar/18	6.8	15.4	3.8	%	Quarterly
Indonesia	5.06	Mar/18	5.19	7.16	1.56	%	Quarterly
Canada	2.90	Dec/17	3	8.8	-4.1	%	Quarterly
Spain	2.90	Mar/18	3.1	5.6	-4.3	%	Quarterly
United States	2.90	Mar/18	2.6	13.4	-4.1	%	Quarterly
Netherlands	2.80	Mar/18	2.9	6.1	-4.9	%	Quarterly
South Korea	2.80	Mar/18	2.8	19.6	-7.4	%	Quarterly
Euro Area	2.50	Mar/18	2.8	5	-5.5	%	Quarterly
Australia	2.40	Dec/17	2.9	9	-3.5	%	Quarterly
Germany	2.30	Mar/18	2.9	7.2	-6.8	%	Quarterly
Brazil	2.10	Dec/17	1.4	10.1	-5.6	%	Quarterly
France	2.10	Mar/18	2.6	12.5	-3.8	%	Quarterly
Switzerland	1.90	Dec/17	1.2	5.8	-3.4	%	Quarterly
Italy	1.40	Mar/18	1.6	10.3	-7.2	%	Quarterly
Mexico	1.30	Mar/18	1.5	9	-9.1	%	Quarterly
Russia	1.30	Mar/18	0.9	12.1	-11.2	%	Quarterly
United Kingdom	1.20	Mar/18	1.4	9.7	-5.9	%	Quarterly
Japan	0.90	Mar/18	1.8	9.4	-8.8	%	Quarterly