Latest reading: Industrial production was up 0.9% in calendar-adjusted month-on-month terms in May, following a 0.2% rise in the previous...
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 slows in May
Latest reading: Industrial production was up 11.8% on a year-on-year basis in May, following a 14.9% rise in the prior month. May's reading was the weakest since January 2025. Relative to the previous month's figures, readings in May softened for manufacturing (+12.7% on a year-on-year basis vs +16.0% in April) and electricity and gas supply (-1.3% vs -1.1% in April). In contrast, readings improved for water supply (+3.5% vs +2.7% in April) and mining and quarrying (-7.6% vs -8.7% in April). In seasonally adjusted month-on-month terms, industrial production increased 1.5% in May, following a 0.9% increase in the prior month.
Consensus Forecasts and Projections for the next ten years
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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Germany: Industrial production speeds up in May -
Denmark: Manufacturing production falls at a faster clip in May Latest reading: Manufacturing production fell 3.9% in seasonally adjusted month-on-month terms in May, following a 1.0% drop in the previous... -
Estonia: Industrial production shrinks more quickly in May Latest reading: Industrial production declined 5.3% on a year-on-year basis in May, following a 3.8% decline in the prior month.... -
Latvia: Industrial production decelerates in May Latest reading: Industrial production was up 6.2% on a calendar-adjusted year-on-year basis in May, following 7.0% growth in the prior... -
Vietnam: Industrial production gains steam in June Latest reading: Industrial production increased 12.7% on a year-on-year basis in June, following a 8.8% rise in the previous month.... -
Portugal: Industrial production returns to growth in May Latest reading: Industrial production increased 0.9% on a calendar and seasonally adjusted month-on-month basis in May, following a 2.7% fall... -
Thailand: Manufacturing production shrinks more slowly in May Latest reading: Manufacturing production was down 0.8% on a year-on-year basis in May, following a 0.9% fall in the previous...