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

The Taiwanese economy grew 3.02 percent year-on-year in the first quarter of 2018, easing from an upwardly revised 3.42 percent expansion in the previous period and slightly below the preliminary reading of 3.04 percent. The contribution from net export declined further than expected as imports jumped 6.12 percent (5.61 percent in the preliminary estimate) and exports grew 6.69 percent, slightly above the estimated 6.03 percent. Also, private consumption increased 2.73 percent in Q1, which stands below the predicted 3.02 percent rise. On the other hand, government spending rebounded higher than expected (6.58 percent from 6.27 percent), and gross capital formation increased 0.55 percent, well above the initial estimate of a 1.7 percent decline. On a seasonally adjusted basis, the economy advanced 0.2 percent on quarter, below an upwardly revised 1.19 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
2018-02-13 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 3.02% 3.42% 3%
2018-07-31 08:00 AM GDP Growth Rate YoY Adv 3.02% 2.90%
2018-08-24 08:30 AM GDP Growth Rate YoY Final
2018-10-31 08:00 AM GDP Growth Rate YoY Adv 2.4%


Taiwan GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.20 1.19 5.64 -5.07 percent [+]
GDP Annual Growth Rate 3.02 3.42 17.06 -8.12 percent [+]
GDP 529.58 525.24 530.52 42.30 USD Billion [+]
GDP Constant Prices 4158657.00 4146901.00 4158657.00 604229.00 TWD Million [+]
Gross National Product 4375681.00 4673326.00 4673326.00 99800.00 TWD Million [+]
Gross Fixed Capital Formation 916804.00 890088.00 961140.00 8907.00 TWD Million [+]
GDP From Agriculture 49459.00 62946.00 72053.00 39800.00 TWD Million [+]
GDP From Construction 98999.00 81093.00 121071.00 41088.00 TWD Million [+]
GDP From Manufacturing 1192870.00 1304828.00 1346718.00 130647.00 TWD Million [+]
GDP From Mining 3258.00 3902.00 15925.00 2701.00 TWD Million [+]
GDP From Public Administration 268752.00 254366.00 280931.00 85791.00 TWD Million [+]
GDP From Services 2635779.00 2760119.00 2760119.00 317742.00 TWD Million [+]
GDP From Transport 125304.00 123615.00 125304.00 20691.00 TWD Million [+]
GDP From Utilities 29922.00 41818.00 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 July of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
3.02 3.42 17.06 -8.12 1962 - 2018 percent Quarterly




GDP annual growth rate by Country
Country Last
India 7.70 Mar/18
Turkey 7.40 Mar/18
China 6.70 Jun/18
Indonesia 5.06 Mar/18
Australia 3.10 Mar/18
Spain 3.00 Mar/18
Netherlands 2.80 Mar/18
South Korea 2.80 Mar/18
United States 2.80 Mar/18
Euro Area 2.50 Mar/18
Canada 2.30 Mar/18
Germany 2.30 Mar/18
France 2.20 Mar/18
Switzerland 2.20 Mar/18
Italy 1.40 Mar/18
Mexico 1.30 Mar/18
Russia 1.30 Mar/18
Brazil 1.20 Mar/18
United Kingdom 1.20 Mar/18
Japan 1.10 Mar/18


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