The Gross Domestic Product (GDP) in Taiwan expanded 1.70 percent in the fourth quarter of 2019 over the previous quarter. Taiwan GDP Growth Rate - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

GDP Growth Rate in Taiwan averaged 1.32 percent from 1981 until 2019, reaching an all time high of 8.42 percent in the fourth quarter of 2009 and a record low of -4.48 percent in the third quarter of 2008. This page provides - Taiwan GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP Growth Rate in Taiwan is expected to be 0.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Growth Rate in Taiwan to stand at 1.30 in 12 months time. In the long-term, the Taiwan GDP Growth Rate is projected to trend around 1.30 percent in 2021 and 0.60 percent in 2022, according to our econometric models.


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Taiwan GDP Growth Rate

Actual Previous Highest Lowest Dates Unit Frequency
1.70 0.60 8.42 -4.48 1981 - 2019 percent Quarterly


Taiwan GDP Growth Rate
Taiwan's economy, one of the "Four Asian Tigers", is export-oriented and specialized in production of electronics and machinery. Taiwan is one of the world's largest suppliers of computer chips, LCD panels, DRAM computer memory, networking equipment, and consumer electronics.