Industrial output in Taiwan increased 13.69 percent year-on-year in August of 2021, easing from an upwardly revised 14.36 percent rise in the previous month. It was the slowest increase in industrial activity in 6 months, due to a slowdown in manufacturing output growth (14.62 percent vs 15.52 percent in July) and a decline in mining and quarrying (-7.41 percent vs 1.73 percent).Meanwhile, production increased at a faster pace for electricity and water supply (4.39 percent vs 2.22 percent) and fell at a softer pace for water supply (-0.36 percent vs -1.11 percent). On a seasonally adjusted monthly basis, industrial production went down by 0.98 percent improving from a 1.32 percent fall in July source: Ministry of Economic Affairs (MOEA), Taiwan

Industrial Production in Taiwan averaged 5.14 percent from 1997 until 2021, 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. 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 - data, historical chart, forecasts and calendar of releases - was last updated on October of 2021.

Industrial Production in Taiwan is expected to be 13.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Taiwan Industrial Production is projected to trend around 4.00 percent in 2022 and 2.00 percent in 2023, according to our econometric models.

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Taiwan Industrial Production


Calendar GMT Actual Previous Consensus TEForecast
2021-06-23 08:00 AM May 16.51% 14.10% 10%
2021-07-23 08:00 AM Jun 18.37% 16.88% 14%
2021-08-23 08:00 AM Jul 13.93% 18.00% 15%
2021-09-27 08:00 AM Aug 13.69% 14.36% 13%
2021-10-25 08:00 AM Sep 13.69% 11%
2021-11-23 08:00 AM Oct
2021-12-23 08:00 AM Nov


News Stream
Taiwan Industrial Output Growth Slowest in 6 Months
Industrial output in Taiwan increased 13.69 percent year-on-year in August of 2021, easing from an upwardly revised 14.36 percent rise in the previous month. It was the slowest increase in industrial activity in 6 months, due to a slowdown in manufacturing output growth (14.62 percent vs 15.52 percent in July) and a decline in mining and quarrying (-7.41 percent vs 1.73 percent).Meanwhile, production increased at a faster pace for electricity and water supply (4.39 percent vs 2.22 percent) and fell at a softer pace for water supply (-0.36 percent vs -1.11 percent). On a seasonally adjusted monthly basis, industrial production went down by 0.98 percent improving from a 1.32 percent fall in July
2021-09-27
Taiwan Industrial Output Growth Slows in July
Industrial output in Taiwan increased 13.93 percent year-on-year in July of 2021, easing from a downwardly revised 18 percent rise in the previous month. It was the lowest increase in industrial activity in 5 months as output growth slowed for manufacturing industries (15.02 percent vs 19.65 percent in June). On the other hand, industrial production dropped at a softer pace for mining & quarrying (-0.45 percent vs -5.00 percent); water supply (-1.10 percent vs -4.39 percent); while electricity & gas supply output advanced faster (2.20 percent vs 0.93 percent). On a seasonally adjusted monthly basis, industrial production went down 1.65 percent, after a downwardly revised 2.26 percent increase in June.
2021-08-23
Taiwan Industrial Output Gowth at 5-Month High
Industrial production in Taiwan went up 18.37 percent year-on-year in June of 2021, following an upwardly revised 16.88 percent jump in the previous month. It was the 17th straight month of expansion and the steepest increase in industrial activity since January, on the back of manufacturing industries (20.20 percent vs 17.69 percent in May). On the other hand, output fell in mining & quarrying (-5.11 percent vs 6.62 percent); water supply (-4.39 percent vs -4.68 percent); and electricity & gas supply (-0.29 percent vs 9.05 percent). On a seasonally adjusted monthly basis, industrial production went up 2.57 percent, little changed from an upwardly revised 2.54 percent increase in May.
2021-07-23
Taiwan Industrial Output Rises the Most in 4 Months
Industrial production in Taiwan jumped 16.51 percent year-on-year in May of 2021, following an upwardly revised 14.10 percent hike in the previous month. It was the 16th straight month of expansion and the steepest increase in industrial activity since January, primarily bolstered by manufacturing (17.28 percent vs 14.81 percent in April), followed by electricity & gas supply (8.61 percent vs 6.86 percent). Meanwhile, output growth slowed in mining & quarrying (4.52 percent vs 7.01 percent), and continued to decline for water supply (-4.68 percent vs -4.90 percent). On a seasonally adjusted monthly basis, industrial production went up 2.25 percent, rebounding from a downwardly revised 0.9 percent decrease in April.
2021-06-23

Taiwan Last Unit Reference Previous Highest Lowest
Industrial Production Mom -0.98 percent Aug/21 -1.32 9.75 -16.01
Industrial Production 13.69 percent Aug/21 14.36 75.71 -43.30
Manufacturing Production 15.05 percent Jul/21 20.20 84.23 -45.43
Mining Production -0.45 percent Jul/21 -5.11 48.10 -37.66


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.