Industrial production in Taiwan increased 10.41 percent year-on-year in March 2020, following an upwardly revised 20.69 percent rise in the previous month. Output growth slowed in manufacturing (11.09 percent from 21.48 percent in February); electricity and gas supply (2.15 percent from 11.24 percent); mining and quarrying (18.14 percent from 39.11 percent); and water supply output (1.90 percent from 3.74 percent). On a seasonally adjusted monthly basis, industrial production went up 0.2 percent, rebounding from a downwardly revised 4.93 percent fall in the prior month.

Industrial Production in Taiwan averaged 4.83 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 May of 2020.

Industrial Production in Taiwan is expected to be 4.50 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 1.50 in 12 months time. In the long-term, the Taiwan Industrial Production is projected to trend around 2.00 percent in 2021, according to our econometric models.

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Taiwan Industrial Production

Actual Previous Highest Lowest Dates Unit Frequency
10.41 20.69 75.71 -43.30 1997 - 2020 percent Monthly
NSA, 2016=100


Calendar GMT Actual Previous Consensus TEForecast
2020-01-22 08:00 AM Dec 5.99% 1.79% 3.5%
2020-02-24 08:00 AM Jan -1.51% 6.29% 5.5%
2020-03-23 08:00 AM Feb 20.34% -2.11% 5.6%
2020-04-23 08:00 AM Mar 10.41% 20.69% 7.0%
2020-05-25 08:00 AM Apr 10.41% 5.5%
2020-06-24 08:00 AM May
2020-07-23 08:00 AM Jun 4.5%
2020-08-23 08:00 AM Jul


News Stream
Taiwan Industrial Output Growth Slows in March
Industrial production in Taiwan increased 10.41 percent year-on-year in March 2020, following an upwardly revised 20.69 percent rise in the previous month. Output growth slowed in manufacturing (11.09 percent from 21.48 percent in February); electricity and gas supply (2.15 percent from 11.24 percent); mining and quarrying (18.14 percent from 39.11 percent); and water supply output (1.90 percent from 3.74 percent). On a seasonally adjusted monthly basis, industrial production went up 0.2 percent, rebounding from a downwardly revised 4.93 percent fall in the prior month.
2020-04-23
Taiwan Industrial Output Rises the Most in 9-1/2-Years
Industrial production in Taiwan jumped 20.34 percent over a year earlier in February 2020, following an upwardly revised 2.11 percent decline in the previous month. It was the biggest increase in industrial output since August 2010, as the Lunar New Year fell in late January this year but in early February last year and despite the coronavirus outbreak. Output rebounded in manufacturing (21.12 percent from -1.93 percent in January); electricity and gas supply (11.56 percent from -4.42 percent) and mining and quarrying (26.68 percent from -8.32 percent). Also, water supply output advanced further (3.75 percent from 1.27 percent).
2020-03-23
Taiwan Industrial Output Back to Contraction
Industrial production in Taiwan fell 1.51 percent year-on-year in January of 2020, following an upwardly revised 6.29 percent gain in December, which was the biggest rise since October of 2018. The Lunar New Year holidays fell in January this year, which likely weighed down on industrial output. The sharpest decline was recorded for mining and quarrying (-22.8 percent vs 0.4 percent in December), followed by electricity and gas supply (-4.48 percent vs 1.01 percent) and manufacturing (-1.28 percent). Also, water supply rose at a slower pace (1.27 percent vs 2.72 percent). In 2020, the Lunar New Year fell in January
2020-02-24
Taiwan Industrial Output Rises the Most in Over a Year
Taiwan's industrial production increased 5.99 percent year-on-year in December 2019, following a downwardly revised 1.79 percent rise in the previous month. It was the highest annual gain in industrial activity since October 2018, as manufacturing production advanced faster (6.37 percent vs 1.91 percent in November). Within manufacturing, output accelerated for rubber products (9.56 percent vs 5.04 percent); motor vehicles & parts (15.71 percent vs 5.40 percent) food and prepared animal feeds (3.6 percent vs 2.84 percent) and tobacco products (14.83 percent vs 4.51 percent). In addition, production of electricity and gas supply rebounded (1.01 percent vs -0.51 percent) while that of water supply slowed (2.74 percent vs 5.95 percent). On the other hand, mining & quarrying production declined (-5.14 percent vs 0.44 percent). On a seasonally adjusted monthly basis, industrial production went up 1.35 percent, up from a 2.35 percent increase in November.
2020-01-22

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.