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

27 Days 8 Hours

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 economy grew by 7.64% year-on-year in the third quarter of 2025, surpassing market expectations of 6% growth but easing from the four-year high of an 8.01% expansion in the previous quarter, advance estimate showed. Still, this marked the tenth consecutive period of economic expansion, significantly supported by the global surge in AI development. Taiwan’s dominance in advanced semiconductor and server production has positioned it as a key beneficiary of AI-related demand, reflected in record export figures in August. Domestic demand slowed to 0.49% from 2.23% in Q2, as the government spending (0.08% vs 2.85%) slowed despite stronger household consumption (0.92% vs 0.49%). On net external demand, exports of goods and services soared 30.64% in Q3, outpacing a 25.27% increase in imports. On a seasonally adjusted quarterly basis, GDP expanded 1.31%, moderating from the 3.05% growth recorded in the second quarter.