Taiwan GDP Growth Rate (YoY)
Taiwan's GDP Growth Rate (YoY) reached 8.01% in Q2 2025, an increase from 5.45% in Q1 2025. This growth is driven by strong exports particularly in AI and technology products with the semiconductor industry, led by TSMC, experiencing increased AI-driven demand. Government initiatives and private investment in AI infrastructure also support this positive economic outlook. Taiwan's record low GDP Growth Rate (YoY) was -3.47% in Q1 2023 and record high was 9.62% in Q1 2021.
Quarterly Historical Data (2015-2025)
(in %)Taiwan GDP Growth Rate (YoY) : Definition
Taiwan's quarterly year-on-year GDP growth rate measures the percentage change in total economic output compared to the same quarter in the previous year. It is calculated by comparing the current quarter's GDP value to the prior year's same quarter value. Growth is influenced by domestic demand like consumption and investment and external demand through exports with electronics being a key export sector.