Industrial output in Taiwan rose 2.15 percent year-on-year in March of 2022, slowing sharply from a downwardly revised 9.47 percent climb in the previous month. It was the slowest expansion in the sector since May of 2020, reflecting a drastic slowdown in manufacturing output growth (1.95 percent vs 9.61 percent in February) and, to a lesser extent, in utilities (5.06 percent vs 9.15 percent). Meanwhile, output continued to decline for mining & quarrying (-4-95 percent vs -13.77 percent) and water supply (-2.57 percent vs -3.40 percent). On a seasonally adjusted monthly basis, industrial production contracted 6.50 percent after a downwardly revised 3.36 percent increase in the previous month. source: Ministry of Economic Affairs (MOEA), Taiwan

Industrial Production in Taiwan averaged 5.24 percent from 1997 until 2022, 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 2022.

Industrial Production in Taiwan is expected to be 9.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Taiwan Industrial Production is projected to trend around 6.00 percent in 2023, according to our econometric models.

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Taiwan Industrial Production



Calendar GMT Actual Previous Consensus TEForecast
2022-03-23 08:00 AM Feb 10.01% 8.39% 10.3%
2022-04-25 08:00 AM Mar 2.15% 9.47% 8.8%
2022-05-23 08:00 AM Apr 2.15%


Related Last Previous Unit Reference
Industrial Production 2.15 9.47 percent Mar 2022
Industrial Production Mom 3.70 2.20 percent Feb 2022
Manufacturing Production 1.95 9.61 percent Mar 2022
Mining Production -4.95 -15.40 percent Mar 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
2.15 9.47 75.71 -43.30 1997 - 2022 percent Monthly
NSA, 2016=100

News Stream
Taiwan Industrial Output Growth at 3-Month High
Industrial output in Taiwan jumped 10 percent year-on-year in February of 2022, advancing from a downwardly revised 8.4 percent rise in the previous month. It was the fastest growth in industrial production since November of 2021, driven by the manufacturing sector (10.2 percent vs 8.9 percent in January) and utilities (9.7 percent vs 1 percent). Meanwhile, output continued to decline for mining & quarrying (-15.4 percent vs -8.2 percent) and water supply (-5.5 percent vs -1.8 percent). On a seasonally adjusted monthly basis, industrial production rose 3.7 percent after a revised 2.2 percent increase in the previous month.
2022-03-23
Taiwan Industrial Output Growth Advances in January
Industrial output in Taiwan jumped 10 percent year-on-year in January of 2022, advancing from a downwardly revised 8.7 percent rise in the previous month. Overall growth was mainly driven by the manufacturing sector (10.7 percent vs 9.2 percent in December) and utilities (2 percent vs 3.8 percent), although at a softer rate. Meanwhile, output fell for mining & quarrying (-10.1 percent vs 1.9 percent) and water supply (-1.8 percent vs -3.3 percent). On a seasonally adjusted monthly basis, industrial production rose 3.4 percent after a revised 0.2 percent uptick in December.
2022-02-23
Taiwan Industrial Output Growth Eases
Industrial output in Taiwan jumped 9.98 percent year-on-year in December of 2021, slowing a downwardly revised 11.37 percent rise in the previous month. Overall growth was mainly driven by the manufacturing sector (10.57 percent vs 12.17 percent in November) and utilities (4.17 percent vs 2.51 percent). Meanwhile, output fell in mining & quarrying output (-0.42 percent vs 3.51 percent) and water supply (-2.94 percent vs -5.25 percent). On a seasonally adjusted monthly basis, industrial production bounced back by 1.19 percent after a revised 0.43 percent decline in November.
2022-01-24