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Taiwan lowers 2025 growth forecast to 3.14%

Reporter TVBS News Staff
Release time:2025/02/27 08:00
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Taiwan lowers 2025 growth forecast to 3.14% (TVBS News) Taiwan lowers 2025 growth forecast to 3.14%
Taiwan lowers 2025 growth forecast to 3.14% (TVBS News)

TAIPEI (TVBS News) — The Directorate General of Budget, Accounting and Statistics (DGBAS, 主計總處) revealed on Wednesday (Feb. 26) a revised economic growth forecast for Taiwan, now set at 3.14%. Despite this adjustment, the agency has raised projections for exports, consumption, and investments, signaling continued economic vitality.

The agency attributed the upward revision of last year's annual economic growth rate to 4.59%, an increase of 0.32 percentage points, to stronger-than-expected performance in the fourth quarter. It also forecasted a 1.94% rise in the consumer price index (CPI) for this year.

 

Officials highlighted significant uncertainties affecting global trade activities, particularly the U.S. tariff strategies and the responses from other countries. They also emphasized the importance of developments in information technology, such as artificial intelligence, and the corresponding hardware demand variables.

DGBAS monitors these factors closely, suggesting that Taiwan's economic landscape may evolve as global and technological dynamics shift.

Taiwan Business

#Taiwan economy# economic growth# export projections# consumer price index# global trade# U.S. tariffs# information technology# Taiwan economic forecast 2023# impact of AI on Taiwan economy# Taiwan investment trends

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