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

3 Months 11 Days 7 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 annual economic growth in Q2 2025 was revised upward to 8.01% from an initial estimate of 7.96%, accelerating from a downwardly revised 5.45% in Q1. This marked the fastest economic expansion since Q2 2021, driven by a 35.02% surge in exports (vs 19.38% in Q1), primarily fueled by strong demand for AI and emerging technologies. Imports also rose significantly, increasing 31.29% compared to 23.71% in the previous quarter. Meanwhile, government spending grew notably (2.85% vs 0.52%), while private consumption slowed (0.49% vs 1.32%), as did gross fixed capital formation (13.87% vs 18.48%). On the production side, the manufacturing sector expanded by 17.24% in Q2 2025, following a 10.18% increase in Q1, mainly due to strong output growth in semiconductors, computers, electronics, and optical products. On a seasonally adjusted basis, GDP rose 3.05% in Q2, accelerating from a downwardly revised 1.51% expansion in the previous quarter.