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GDP: PRELIMINARY ESTIMATION FOR 2014Q4 AND OUTLOOK FOR 2015

Contact Information : Economic Forecast Section, Department of Statistics, Directorate General of Budget, Accounting & Statistics (DGBAS)
Tel : 886-2-2380-3487

February 16, 2015 According to the latest preliminary estimation by DGBAS, Taiwan's real gross domestic product (GDP) increased by 3.35% in 2014Q4, compared to the same quarter of the previous year. For the whole 2014, the economic growth rate was 3.74%. Meanwhile, the GDP is projected to grow 3.78% in 2015.

Preliminary Estimation of GDP in 2014Q4 and 2014

        The moderate growth of exports and private consumption brought Taiwan's real GDP growing by 3.35% in 2014Q4. Meanwhile, the economic growth rate of 2014Q3 was revised to 4.32% (formerly 3.63%). For 2014 as a whole, real GDP grew by 3.74% and CPI raised 1.20%.

Outlook for 2015

        In 2015, the slightly accelerated global economy will be helpful for supporting Taiwan's export momentum. Coupling with the domestic demand, real GDP will grow by 3.78% in 2015. CPI will increase by 0.26%.

Full text and tables (PDF)

【Attachment】

  • Table 1-1 Gross Domestic Product and Economic Growth Rate (EXCEL) (ODF)
  • Table 1-2 GDP、GNI and NI (EXCEL) (ODF)
  • Table   2  Changes in Prices (EXCEL) (ODF)
  • Table 3-1 Expenditures on Gross Domestic Product : At Current Prices (EXCEL) (ODF)
  • Table 3-2 Expenditures on Gross Domestic Product : Composition at Current Prices (EXCEL) (ODF)
  • Table 3-3 Expenditures on Gross Domestic Product : Growth Rates In Chained Volume Indexes(yoy) (EXCEL) (ODF)
  • Table 3-4 Expenditures on Gross Domestic Product : Contributions to Economic Growth Rate(yoy) (EXCEL) (ODF)
  • Table 4-1 Gross Domestic Product by Kind of Activity : At Current Prices (EXCEL) (ODF)
  • Table 4-2 Gross Domestic Product by Kind of Activity : Composition at Current Prices (EXCEL) (ODF)
  • Table 4-3 Gross Domestic Product by Kind of Activity : Growth Rates In Chained Volume Indexes(yoy) (EXCEL) (ODF)
  • Table 4-4 Gross Domestic Product by Kind of Activity : Contributions to Economic Growth Rate (EXCEL) (ODF)
  • Table   5  Gross National Savings and Gross Domestic Investment (EXCEL) (ODF)
  • Table   6  Exports and Imports (EXCEL) (ODF)
  • Table 7-1 Expenditures on GDP, Seasonally Adjusted : Chained dollars (Reference year = 2011) (EXCEL) (ODF)
  • Table 7-2 Expenditures on GDP, Seasonally Adjusted : Growth Rates (EXCEL) (ODF)
  • Table   8  Indicators for Private Final Consumption Expenditure (EXCEL) (ODF)
  • Table   9  Indicators for Private Gross Fixed Capital Formation (EXCEL) (ODF)
  • Table  10  Major Indicators of Consumer Banking (EXCEL) (ODF)
  • Table  11  Economic Growth Rates of Major Countries (EXCEL) (ODF)
  • Table  12  The Changes of Consumer Price Indices for Major Countries (EXCEL) (ODF)
  • Table  13  Summary of Earning and Productivity Statistics in Taiwan Area (EXCEL) (ODF)