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.