The Central Bank of the Republic of Taiwan held its key discount rate at a record low of 1.125 percent on December 17th 2020, as widely expected. Policymakers said would pay close attention to the pandemic outbreak, geopolitical risks and the changing US-China relationship. The central bank also raised GDP growth forecasts for 2020 (2.58 percent vs 1.6 percent predicted in September) and 2021 (3.68 percent vs 3.28 percent). source: Central Bank of the Republic of China (Taiwan)
Interest Rate in Taiwan averaged 1.81 percent from 2000 until 2020, reaching an all time high of 4.63 percent in December of 2000 and a record low of 1.13 percent in March of 2020. This page provides the latest reported value for - Taiwan Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Taiwan Interest Rate - data, historical chart, forecasts and calendar of releases - was last updated on January of 2021.
Interest Rate in Taiwan is expected to be 1.13 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Taiwan to stand at 1.25 in 12 months time. In the long-term, the Taiwan Interest Rate is projected to trend around 1.25 percent in 2021 and 1.38 percent in 2022, according to our econometric models.