Inflation Rate in Taiwan decreased to 1.37 percent in June from 1.55 percent in May of 2025. This dataset provides the latest reported value for - Taiwan Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

In 2024, the average inflation rate in Taiwan amounted to approximately 2.18 percent. Between 1980 and 2024, the figure dropped by around 16.84 percentage points, though the decline followed an uneven course rather than a steady trajectory. The inflation is forecast to decline by about 0.67 percentage points from 2024 to 2030, fluctuating as it trends downward.This indicator measures inflation based upon the year-on-year change in the average consumer price index, expressed in percent. The latter expresses a country's average level of prices based on a typical basket of consumer goods and services.

Key information about Taiwan Consumer Price Index CPI growth

• Taiwan Consumer Price Index (CPI) growth was measured at 2.2 % YoY in Feb 2025, compared with a rate of 2.0 % in the previous month.
• Taiwan Consumer Price Index growth data is updated monthly, available from Jan 1960 to Feb 2025, with an averaged number of 2.0 % YoY.
• The data reached an all-time high of 61.1 % YoY in Mar 1974 and a record low of -3.1 % YoY in Oct 1970.

CEIC calculates Consumer Price Index Growth from monthly Consumer Price Index. The Directorate-General of Budget, Accounting and Statistics, Executive Yuan provides Consumer Price Index with base 2021=100. Consumer Price Index Growth prior to January 1982 is calculated from Consumer Price Index with base 2016=100.

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.