Industrial production in Taiwan surged 9.9 percent year-on-year in December of 2020, following a downwardly revised 7.56 percent rise in the previous month. It was the 11th consecutive month of growth in industrial activity, as manufacturing output rose faster (10.41 percent vs 7.83 percent in November). Meanwhile, production advanced at a slower pace for mining & quarrying (13.48 percent vs 16.26 percent) and electricity, gas and water supply (4.39 percent vs 4.60 percent). On a monthly basis, industrial production increased 1.9 percent, following a downwardly revised 1.1 percent rise in the previous month. source: Ministry of Economic Affairs (MOEA), Taiwan

Industrial Production in Taiwan averaged 4.87 percent from 1997 until 2020, 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 February of 2021.

Industrial Production in Taiwan is expected to be 1.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Taiwan to stand at 2.00 in 12 months time. In the long-term, the Taiwan Industrial Production is projected to trend around 2.00 percent in 2022, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
Taiwan Industrial Production

Actual Previous Highest Lowest Dates Unit Frequency
9.90 7.56 75.71 -43.30 1997 - 2020 percent Monthly
NSA, 2016=100


Calendar GMT Actual Previous Consensus TEForecast
2020-10-23 08:00 AM Sep 10.73% 3.6% 5.5%
2020-11-23 08:00 AM Oct 7.06% 11.62% 6.5%
2020-12-23 08:00 AM Nov 7.84% 6.44% 5.5%
2021-01-25 08:00 AM Dec 9.9% 7.56% 6.5%
2021-02-24 08:00 AM Jan 9.9% 8.8%
2021-03-23 08:00 AM Feb 1.5%
2021-04-23 08:00 AM Mar
2021-05-25 08:00 AM Apr
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Taiwan Industrial Output Growth Quickens in December
Industrial production in Taiwan surged 9.9 percent year-on-year in December of 2020, following a downwardly revised 7.56 percent rise in the previous month. It was the 11th consecutive month of growth in industrial activity, as manufacturing output rose faster (10.41 percent vs 7.83 percent in November). Meanwhile, production advanced at a slower pace for mining & quarrying (13.48 percent vs 16.26 percent) and electricity, gas and water supply (4.39 percent vs 4.60 percent). On a monthly basis, industrial production increased 1.9 percent, following a downwardly revised 1.1 percent rise in the previous month.
2021-01-25
Industrial Production in Taiwan Remains Robust
Industrial production in Taiwan increased 7.84 percent year-on-year in November of 2020, following a downwardly revised 6.44 percent rise in October. Faster increases were seen in manufacturing (8.2 percent vs 6.9 percent) and electricity and gas supply (4.6 percent vs 1 percent). On the other hand, mining and quarrying (6.3 percent vs 9.6 percent) rose at a slower pace. On a monthly basis, industrial output went up 1.4 percent.
2020-12-23
Taiwan Industrial Output Rises at Robust Pace
Industrial production in Taiwan increased 7.06 percent year-on-year in October of 2020, following an upwardly revised 11.62 percent rise in September. Slower increases were seen in manufacturing (7.6 percent vs 12.2 percent); mining (3.5 percent vs 24.5 percent); electricity and gas supply (0.6 percent vs 4.2 percent) while water supply rose faster (1.6 percent vs 1 percent). On a monthly basis, industrial output shrank 1.4 percent.
2020-11-23
Taiwan Industrial Output Rises the Most in 6 Months
Industrial production in Taiwan increased 10.73 percent year-on-year in September 2020, following a downwardly revised 3.6 percent gain in the previous month. It was the biggest rise in six months, as output went up further for manufacturing (11.32 percent from 4.06 percent in August) and mining & quarrying (21.85 percent from 21.64 percent). Additionally, production of electricity & gas supply rebounded (4.1 percent vs -2.76 percent). Meanwhile, water supply output growth eased (0.95 percent from 1.43 percent). On a seasonally adjusted monthly basis, industrial production advanced 2.18 percent, slowing from a downwardly revised 2.62 percent increase in the prior month.
2020-10-23

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.