Domestic Demand in Taiwan
The economy of Taiwan recorded an average growth rate of 3.0% in the decade up to 2022. In 2022, the growth rate was 3.8%.
Taiwan Demand Chart
Taiwan Demand Data
|Domestic Demand (ann. var. %)||3.6||3.3||0.9||5.2||4.3|
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Taiwanese demand projections for the next ten years from a panel of 6 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable demand forecast available for Taiwanese demand.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Taiwanese demand projections.
Want to get access to the full dataset of Taiwanese demand forecasts? Send an email to email@example.com.