Taiwan: Economic growth, quarterly
* indicates monthly or quarterly data series
The latest data from Q3 2024 show economic growth of 4.17 percent,
which is a decrease from the rate of growth of 4.89 percent in the previous quarter and
an increase compared to the growth rate of 1.55 percent in the same quarter last year.
The economic growth time series for Taiwan cover the period from Q1 1962 to Q3 2024.
During that time span, the average growth rate for Taiwan was
6.98 percent. The lowest rate of growth of -7.88 percent was recorded in Q1 2009 while the highest growth rate was 17.26 percent in Q3 1978.
See more information about that indicator and compare to other countries on our Economic growth page.
Select indicator
Download data from our database
* indicates monthly or quarterly data series
- Measure: percent
- Source: National Statistics, Republic of China (Taiwan)
| Recent values | Taiwan: Economic growth, percent change in quarterly real GDP |
|---|---|
| 2024 Q3 | 4.17 |
| 2024 Q2 | 4.89 |
| 2024 Q1 | 6.64 |
| 2023 Q4 | 4.73 |
| 2023 Q3 | 1.55 |
| 2023 Q2 | 1.47 |
| 2023 Q1 | -3.47 |
| 2022 Q4 | -0.43 |
Download data from our database
Definition: The percent change in the Gross Domestic Product from the same quarter last year using constant prices.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Economic growth, quarterly | 4.17 | Q3/2024 | percent |
| Economic growth Q-on-Q | 0.23 | Q3/2024 | percent |
| Gross Domestic Product (GDP) | 6,434.66 | Q3/2024 | billion |