Taiwan GDP Annual Growth Rate

Last Release

Jun 30, 2025

Actual

8.01

Units In

5.48

Frequency

Quarterly

Next Release

Nov 28, 2025

Time to Release

N/A

Highest	Lowest	Average	Date Range	Source
17.26 Sep 1978	-7.88 Mar 2009	6.96 %	1962-2025	N/A

Taiwan’s economy is export oriented. As such, manufacturing is crucial and accounts for around 31 percent of GDP. Like in most advanced economies, the services sector is the biggest and constitutes nearly 65 percent of GDP. Within services, the most important are wholesale and retail trade (17.3 percent of GDP); real estate (8 percent of GDP); and public administration and defense (6.4 percent of GDP).

Latest Updates

Taiwan’s annual economic growth in Q3 2025 was revised up to 8.21% from an initial estimate of 7.64%, accelerating from a downwardly revised 7.71% in Q2. The expansion was the fastest since Q2 2021, driven by a 31.95% surge in exports (vs 36.26% in Q2), supported by emerging technologies such as artificial intelligence (AI) and strong demand for new consumer electronics products. Imports also rose sharply, increasing 26.09% (vs 32.99%). Private consumption accelerated (1.19% vs 0.17%), while growth moderated in government spending (0.3% vs 3.25%) and gross fixed capital formation slowed (9.34% vs 11.51%). On the production side, Taiwan’s manufacturing sector expanded 13.44% in Q3 2025, led by output growth in semiconductors, computers, electronics, and optical products. On a seasonally adjusted basis, GDP rose 1.71% quarter-on-quarter, following a 2.54% expansion in the previous quarter.