The Gross Domestic Product (GDP) in Taiwan expanded 8.21 percent in the third quarter of 2025 over the same quarter of the previous year. This dataset provides - Taiwan GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2024, the annual growth rate of the real gross domestic product (GDP) in Taiwan amounted to approximately *** percent. GDP refers to the total market value of all goods and services that are produced within a country per year. It is an important indicator of the economic strength of a country. GDP development in Taiwan The GDP of Taiwan displayed a comparatively stable development over the last decade with growth rates averaging *** percent between 2014 and 2024. This strong economic performance was mainly due to the successful development of high-tech industries, especially in the electronics sector, and the firm integration into global value chains. The industrial sector of Taiwan is still comparatively large and produces many intermediate products for the global market. Despite the island’s small size, Taiwan is among the leading exporters and has one of the highest trade surpluses in the world. GDP per capita reached around ****** U.S. dollars in 2023. Current economic development Taiwan was among few to be able to maintain strong economic growth during the global spread of the coronavirus pandemic in 2020 and 2021. At the end of 2022, the country was hit by the global economic downturn, and quarterly GDP growth dropped to **** percent in the first quarter of 2023. However, the economy rebounded quickly and returned to positive growth in the second quarter.

The Gross Domestic Product (GDP) in Taiwan expanded 1.31 percent in the third quarter of 2025 over the previous quarter. This dataset provides - Taiwan GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2024, the growth of the real gross domestic product (GDP) in Taiwan was 4.84 percent. Between 1980 and 2024, the figure dropped by 3.2 percentage points, though the decline followed an uneven course rather than a steady trajectory. The growth is forecast to decline by 2.65 percentage points from 2024 to 2030, fluctuating as it trends downward.This indicator describes the annual change in the gross domestic product at constant prices, expressed in national currency units. Here the gross domestic product represents the total value of the final goods and services produced during a year.

Full Year GDP Growth in Taiwan increased to 4.84 percent in 2024 from 1.12 percent in 2023. This dataset includes a chart with historical data for Taiwan Full Year Gdp Growth.

The latest data from show economic growth of 7.64 percent, which is a decrease from the rate of growth of 8.01 percent in the previous quarter and
an increase compared to the growth rate of 4.21 percent in the same quarter last year. The economic growth time series for Taiwan cover the period...

In 2024, the gross domestic product (GDP) of Taiwan amounted to around **** trillion New Taiwan dollars or ***** billion U.S. dollars (at current prices). Annual GDP growth increased to *** percent in 2024 and was forecasted to reach *** percent in 2025. Quarterly GDP growth reached *** percent in the fourth quarter of 2024. Taiwan’s economic development Gross domestic product (GDP) measures the value of all goods and services produced in an economy over a certain time, normally a year. It is a primary indicator of economic strength. Although Taiwan is a comparatively small island, it has a highly developed economy with a high per capita GDP in comparison to other economies in Asia-Pacific.Taiwan is highly integrated in international value chains and is well known for its computer and chip industries. Over the last decade, Taiwan experienced stable economic growth averaging more than three percent, and had comparatively low inflation and unemployment rates. Important economic sectors Taiwan maintains a significant industrial sector. Manufacturing alone contributes around one third to the total GDP, while wholesale and retail trade made up for around ** percent in 2023. This is due to a high export orientation of the economy, with electronic parts being the leading export products. The service sector has been stable at around ** percent of the GDP over the last decade.

Taiwan: Economic growth forecast: The latest value from 2030 is 2.08 percent, a decline from 2.24 percent in 2029. In comparison, the world average is 3.25 percent, based on data from 182 countries. Historically, the average for Taiwan from 1980 to 2030 is 5.12 percent. The minimum value, -1.61 percent, was reached in 2009 while the maximum of 12.75 percent was recorded in 1987.

Key information about Taiwan Real GDP Growth

• The Gross Domestic Product (GDP) in Taiwan expanded 8.2 % YoY in Sep 2025, following a growth of 7.9 % in the previous quarter.
• Real GDP Growth YoY data in Taiwan is updated quarterly, available from Mar 1983 to Sep 2025, with an average rate of 11.1 %.
• The data reached an all-time high of 14.4 % in Jun 1987 and a record low of -8.0 % in Mar 2009.

CEIC calculates Real GDP Growth from quarterly Real GDP. The Directorate-General of Budget, Accounting and Statistics, Executive Yuan provides Real GDP in local currency, at chain linked 2021 prices.


Related information about Taiwan Real GDP Growth

• In the latest reports, Nominal GDP of Taiwan reached 237.8 USD bn in Sep 2025.
• Its GDP deflator (implicit price deflator) increased 1.5 % in Sep 2025.
• Its Gross Savings Rate was measured at 43.6 % in Sep 2025.
• For Nominal GDP contributions, Investment accounted for 24.0 % in Sep 2025.
• Public Consumption accounted for 11.9 % in Sep 2025.
• Private Consumption accounted for 43.8 % in Sep 2025.

During the second quarter of 2025, the GDP in Taiwan increased by about **** percent compared to the same quarter of the previous year. GDP refers to the total market value of all goods and services that are produced within a country per quarter. It is an important indicator of the economic strength of a country.

Economic growth, quarterly in Taiwan, September, 2025 The most recent value is 1.31 percent as of Q3 2025, a decline compared to the previous value of 3.05 percent. Historically, the average for Taiwan from Q2 1982 to Q3 2025 is 1.32 percent. The minimum of -4.48 percent was recorded in Q3 2008, while the maximum of 8.42 percent was reached in Q4 2009. | TheGlobalEconomy.com

Historical dataset showing Taiwan economic growth by year from N/A to N/A.

Key information about Taiwan Nominal GDP Growth

• Taiwan Nominal GDP Growth was reported at 9.760 % in Sep 2025.
• This records an increase from the previous number of 9.135 % for Jun 2025.
• Taiwan Nominal GDP Growth data is updated quarterly, averaging 10.045 % from Mar 1983 to Sep 2025, with 171 observations.
• The data reached an all-time high of 19.561 % in Dec 1986 and a record low of -8.514 % in Dec 2008.
• Taiwan Nominal GDP Growth data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Nominal GDP: Y-o-Y Growth: Quarterly: Seasonally Adjusted.

CEIC calculates quarterly Nominal GDP Growth from quarterly Nominal GDP. The Directorate-General of Budget, Accounting and Statistics, Executive Yuan provides Nominal GDP in local currency.

This statistic shows the annual growth in the gross domestic product (GDP) of Taiwan from 2014 to 2024, by economic sector. In 2024, Taiwan's value added of the industrial sector increased by about *** percent compared to the previous year.

In 2024, Taiwan’s gross domestic product amounted to around 782.44 billion U.S. dollars. Gross domestic product (GDP) denotes the aggregate value of all services and goods produced within a country in any given year. Taiwan’s GDP is projected to reach 960.13 billion U.S. dollars by 2030. Taiwan has the largest economy of any nation not a member of the United Nations (UN). Analyzing Taiwan’s economy Taiwan’s services sector generates the highest share of its GDP, at around 62 percent, though its industry sector also contributes about 35 percent to overall GDP in Taiwan. During the last decade, Taiwan has consistently held a trade surplus, and is known for its exports of electronics, machinery, and petrochemicals. Taiwan’s population Taiwan is a densely populated state, with a total population of about 23 million people, most of whom are between the ages of 15-64 years. Many members of the population are working; the unemployment rate was at only 3.8 percent in 2017. As one of the world’s technology hardware centers, Taiwan’s work force is comprised of high-skilled workers capable of navigating new technologies, such as artificial intelligence and blockchain.

Taiwan Real(GDP) Gross Domestic Productper Capita data was reported at 60,595.110 USD in 2023. This records an increase from the previous number of 59,497.990 USD for 2022. Taiwan Real(GDP) Gross Domestic Productper Capita data is updated yearly, averaging 36,533.245 USD from Dec 1990 (Median) to 2023, with 34 observations. The data reached an all-time high of 60,595.110 USD in 2023 and a record low of 16,071.240 USD in 1990. Taiwan Real(GDP) Gross Domestic Productper Capita data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Taiwan – Table TW.OECD.GGI: Governance: Economic Environment and Growth: Non OECD Member: Annual.

Quarterly dataset of the Taiwan GDP Growth Rate (YoY), including historical data, latest releases, and long-term trends from 2015-09-30 to 2025-09-30. Available for free download in CSV format.

In 2024, the industrial sector contributed approximately **** percent to the overall gross domestic product (GDP) of Taiwan. This share has been largely stable since 2014. Taiwan’s total GDP was estimated at around *** billion U.S. dollars in 2024. Taiwan’s GDP composition in comparison Like other East Asian countries such as South Korea and Japan, Taiwan maintains a strong industrial sector. This is due to a focus on high-tech production and a deep integration into global value chains, which enables the industrial sector to generate high economic growth rates. Taiwan is an important exporter of electronic products and the largest producer of advanced computer chips in the world. In contrast, many other developed economies such as the U.S. and EU member states have a significantly smaller manufacturing sector and put a stronger emphasis on services. Relevant economic sub-sectors Corresponding to Taiwan’s export-oriented economy, wholesale and retail trade is the most important service sub-sector of the economy. Finance and insurance accounted for less than seven percent of the total value added. A similar sector distribution is reflected in the sectoral employment structure. Both the distribution of value added, and the employment structure have been comparatively stable over the last decade.

Key information about Taiwan GDP Deflator Growth

• Taiwan GDP deflator (implicit price deflator) increased 1.5 % in Sep 2025, compared with an increase of 1.2 % in the previous quarter.
• Taiwan GDP Deflator Growth data is updated quarterly, available from Mar 1962 to Sep 2025, with an average rate of 2.4 %.
• The data reached an all-time high of 40.9 % in Jun 1974 and a record low of -4.8 % in Sep 2008.

CEIC calculates GDP Deflator Growth from quarterly GDP Deflator. The Directorate-General of Budget, Accounting and Statistics, Executive Yuan provides GDP Deflator at chain linked 2021 prices. GDP Deflator Growth prior to Q1 1982 is calculated from GDP Deflator at chain linked 2016 prices.


Related information about Taiwan GDP Deflator Growth

• In the latest reports, Taiwan GDP expanded 8.2 % YoY in Sep 2025.
• Its Nominal GDP reached 237.8 USD bn in Sep 2025.
• Its Gross Savings Rate was measured at 43.6 % in Sep 2025.

FocusEconomics' economic data is provided by official state statistical reporting agencies as well as our global network of leading banks, think tanks and consultancies. Our datasets provide not only historical data, but also Consensus Forecasts and individual forecasts from the aformentioned global network of economic analysts. This includes the latest forecasts as well as historical forecasts going back to 2010. Our global network consists of over 1000 world-renowned economic analysts from which we calculate our Consensus Forecasts. In this specific dataset you will find economic data for Taiwan GDP.