TAIPEI (TVBS News) — Academia Sinica's Institute of Economics (中央研究院經濟所) on Monday (Dec. 23) revised Taiwan's 2024 economic growth forecast to 4.23% and projected a 3.1% growth rate for 2025. The report attributes potential impacts on the 2025 growth rate to uncertainties from Trump's policies and challenges in China's economic recovery.
Research fellow Lin Chang-ching (林常青) highlighted the burgeoning development in AI applications, including drones, robots, and low-Earth orbit satellites, which promise further breakthroughs. The institute forecasts a 6.53% real growth rate in Taiwan's exports of goods and services in 2025, driven by demand for high-performance computing and emerging technologies like AI.
In private investment, strong opportunities in AI, low-carbon development, and automation are expected to achieve a 5.46% real growth rate in 2025. The institute also predicts a 2.02% increase in the consumer price index (CPI), marking the highest inflation pressure among major forecasting institutions.
Lin emphasized the global economic and political uncertainties in 2025, noting that Trump's tariff measures could affect Taiwan's economy, necessitating close monitoring. The institute warned of the instability in the U.S. financial environment and China's potential currency devaluation as key uncertainties.
