Industrial Production in Taiwan
During the decade leading up to 2022, Taiwan's economy recorded an average industrial production growth rate of 4.4%, slightly above the Asia-Pacific's average of 4.1%. In 2022, industrial production growth was -1.7%. For more industry information, visit our dedicated page.
Taiwan Industry Chart
Taiwan Industry Data
2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Industrial Production (ann. var. %) | 1.0 | 8.8 | 14.7 | -1.7 | -12.5 |
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 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 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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Norway: Industrial output deteriorates in July Industrial output dropped 3.8% in month-on-month seasonally adjusted terms in July, which contrasted June’s 7.7% increase. July’s result marked the... -
Denmark: Manufacturing production increases notably in July Manufacturing production expanded 7.3% month on month in seasonally adjusted terms in July following June’s flat result. Looking at the... -
Portugal: Decline in industrial activity softens in July Industrial production decreased 1.0% month on month in seasonally adjusted terms in July (June: -3.6% s.a. mom). Looking at the... -
Croatia: Industrial output bounces back in July Industrial output expanded 1.7% year on year in working-day adjusted terms in July, which contrasted June’s 8.3% decrease. July’s result... -
Korea: Industrial activity contracts at sharpest pace since December 2022 in July Industrial output decreased 3.6% in month-on-month seasonally adjusted terms in July, which contrasted June’s 0.7% increase and was well below... -
Serbia: Industrial output expands at fastest pace since February in July Industrial production grew 4.6% year on year in July (June: +2.0% yoy). July’s print marked the best reading since February.... -
Thailand: Manufacturing production rebounds in July Manufacturing output expanded 1.8% year on year in July (June: -1.6% yoy). Looking at the details of the release, chemical...