Industrial production in Taiwan dropped 1.22 percent year-on-year in December of 2018, following an upwardly revised 2.36 percent rise in November. It is the first annual decline in industrial output in ten months, due to a fall in manufacturing (-1.45 percent vs 2.49 percent in November). On the other hand, production rose faster for mining and quarrying (5.24 percent vs 1.39 percent) and electricity and gas supply (1.05 percent vs 0.37 percent) and rebounded for water supply (1.98 percent vs -3.22 percent). On a seasonally adjusted monthly basis, industrial activity edged down 0.4 percent. Considering full 2018, industrial production rose 3.65 percent, below a 5 percent jump in 2017. Industrial Production in Taiwan averaged 5.01 percent from 1997 until 2018, reaching an all time high of 75.71 percent in January of 2010 and a record low of -43.30 percent in January of 2009.

Industrial Production in Taiwan is expected to be 8.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Taiwan to stand at 3.50 in 12 months time. In the long-term, the Taiwan Industrial Production is projected to trend around -1.10 percent in 2020, according to our econometric models.

Taiwan Industrial Production
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Calendar GMT Actual Previous Consensus TEForecast
2018-10-23 08:00 AM Industrial Production YoY 1.54% 1.07% 4.2%
2018-11-23 08:00 AM Industrial Production YoY 8.25% 1.64% 1.6%
2018-12-24 08:00 AM Industrial Production YoY 2.09% 8.31% 1.8%
2019-01-23 08:00 AM Industrial Production YoY -1.22% 2.36% 2%
2019-02-26 08:00 AM Industrial Production YoY -1.22% -1.5%
2019-03-25 08:00 AM Industrial Production YoY
2019-04-23 08:00 AM Industrial Production YoY 8.5%


Taiwan Business Last Previous Highest Lowest Unit
Manufacturing PMI 47.50 47.70 56.90 45.60 [+]
Industrial Production -1.22 2.36 75.71 -43.30 percent [+]
Industrial Production Mom -0.40 -2.11 9.75 -16.01 percent [+]
Manufacturing Production -1.45 2.49 84.23 -45.43 percent [+]
New Orders 40489.00 43382.00 48986.00 2278.00 USD Million [+]
Changes in Inventories 46707.00 25698.00 82252.00 -139605.00 TWD Million [+]
Bankruptcies 4790.00 2675.00 7810.00 1144.00 Companies [+]
Car Production 21876.00 18923.00 436732.00 7620.00 Units [+]
Car Registrations 21887.55 21871.24 22456.11 15439.63 Thousand [+]
Leading Economic Index 109.10 110.30 113.60 20.80 Index Points [+]
Internet Speed 16869.04 15640.45 16869.04 2728.96 KBps [+]
IP Addresses 7115844.00 7090423.00 12042415.00 4219872.00 IP [+]
Mining Production 5.24 1.39 48.10 -37.70 percent [+]
Steel Production 2020.00 1880.00 2092.00 243.00 Thousand Tonnes [+]
Cement Production 1000.43 955.94 2201.45 751.19 Thousands of Tonnes [+]
Coincident Index 109.05 109.93 114.86 20.48 Index Points [+]
Competitiveness Index 79.25 79.15 79.25 5.20 Points [+]
Competitiveness Rank 13.00 13.00 17.00 12.00 [+]
Ease Of Doing Business 13.00 15.00 15.00 10.00 [+]
Corruption Index 63.00 63.00 63.00 49.80 Points [+]
Corruption Rank 31.00 29.00 39.00 25.00 [+]


Taiwan Industrial Production

In Taiwan, industrial production measures the output of businesses integrated in industrial sector of the economy. Manufacturing is the most important sector and accounts for 92.7 percent of total production. The biggest segments within manufacturing are: electronic parts and components (29.4 percent); chemical materials (10.8 percent); basic metals (9 percent); computers, electronic and optical products (8.8 percent) and machinery and equipment (5.1 percent). Electricity and gas supply accounts for 4.6 percent of total output, water supply for 0.5 percent, construction for 1.5 percent and mining and quarrying for 0.6 percent. This page provides the latest reported value for - Taiwan Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Taiwan Industrial Production - actual data, historical chart and calendar of releases - was last updated on February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-1.22 2.36 75.71 -43.30 1997 - 2018 percent Monthly
NSA, 2016=100




Country Last Previous
Argentina -14.70 Dec/18
Australia 2.80 Sep/18
Brazil -3.60 Dec/18
Canada 4.20 Oct/18
China 5.70 Dec/18
Euro Area -4.20 Dec/18
France -1.40 Dec/18
Germany -3.90 Dec/18
India 2.40 Dec/18
Indonesia 0.60 Oct/18
Italy -5.50 Dec/18
Japan -1.90 Dec/18
Mexico -2.50 Dec/18
Netherlands 0.40 Nov/18
Russia 1.10 Jan/19
Saudi Arabia 5.84 Jun/18
Singapore 2.70 Dec/18
South Africa 0.10 Dec/18
South Korea 1.60 Dec/18
Spain -6.20 Dec/18
Switzerland 5.10 Dec/18
Turkey -9.80 Dec/18
United Kingdom -0.90 Dec/18
United States 3.80 Jan/19


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