Taiwan Q2 GDP Growth Revised Slightly Higher
2026-08-14 08:32
By
Czyrill Jean Coloma
1 min. read
Taiwan's economy expanded 12.93% year-on-year in the second quarter of 2026, slightly higher than the preliminary estimate of 12.92% but easing from 15.43% in the previous quarter.
It marked the slowest economic expansion since Q3 2025, as growth in exports slowed sharply to 21.24% from 35.41% in Q1, while imports eased to 18.25% from 25.41%.
In contrast, domestic demand strengthened to 8.83% from 5.73%, supported by stronger household consumption (5.91% vs 4.83%) and gross fixed capital formation (11.45% vs 8.04%), which more than offset slower growth in government spending (3.24% vs 4.29%).
On a seasonally adjusted quarterly basis, the economy expanded 1.39%, easing from 2.46% in the previous quarter and marking the weakest quarterly growth since Q1 2025.
Looking ahead, Taiwan raised its 2026 growth forecast to 11.05%, putting the economy on track for its first double-digit expansion since 2010, as the AI-driven chip sector continues to outperform.