Industrial Production in Taiwan
The Taiwanese economy recorded an average industrial production growth rate of 3.6% in the decade to 2024. In 2024, industrial production growth was 11.6%. For more industry information, visit our dedicated page.
Taiwan Industry Chart
Note: This chart displays Industrial Production (annual variation in %) for Taiwan from 2014 to 2025.
Source: Macrobond.
Taiwan Industry Data
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Industrial Production (ann. var. %) | 14.7 | -1.8 | -12.5 | 11.9 | 18.3 |
Industrial production continues to boom in July
Latest reading: Industrial production was up 25.6% on a year-on-year basis in July, following a 22.6% rise in the previous month. Relative to the previous month's figures, readings in July improved for manufacturing (+26.9% on a year-on-year basis vs +24.0% in June), electricity and gas supply (+5.8% vs +1.5% in June) and mining and quarrying (+0.8% vs -10.8% in June). In contrast, the reading for water supply softened in July (-1.3% vs +1.5% in June). In seasonally adjusted month-on-month terms, industrial production was up 4.2% in July, following a 2.4% increase in the prior month.
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Taiwanese industry projections for the next ten years from a panel of 7 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 industry forecast available for Taiwanese industry.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Taiwanese industry projections.
Want to get access to the full dataset of Taiwanese industry forecasts? Send an email to info@focus-economics.com.
Latest Global Industrial production News
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Estonia: Industrial production rebounds in July Latest reading: Industrial production was up 2.2% on a year-on-year basis in July, following a 2.3% decline in the previous... -
Japan: Industrial production loses momentum in July Latest reading: Industrial production was up 0.1% on a seasonally adjusted month-on-month basis in July, following 1.9% growth in the... -
Thailand: Manufacturing production rebounds in July Latest reading: Manufacturing production rose 0.5% on a year-on-year basis in July, following a 2.4% drop in the prior month.... -
Lithuania: Industrial production growth slows in July Latest reading: Industrial production rose 3.3% on a year-on-year basis in July, following a 9.9% rise in the previous month.... -
Russia: Industrial production decelerates in July Latest reading: Industrial production was up 0.4% in annual terms in July, following a 0.7% rise in the previous month.... -
Taiwan: Industrial production continues to boom in July Latest reading: Industrial production was up 25.6% on a year-on-year basis in July, following a 22.6% rise in the previous...