National Statistics, Republic of China (Taiwan)

August 14, 2015 In 2015Q2, Taiwan's real gross domestic product (GDP) grew by 0.52% from the same quarter of the previous year, according to the latest preliminary estimation by DGBAS. The GDP is predicted to grow 1.56% and 2.70% in 2015 and 2016, respectively.

Preliminary Estimation of GDP in 2015Q2

        Taiwan's export plummeted due to the sluggish demand in global consuming electronic products, the crowding out effects from the expanded supply chain in Mainland China and the falling prices of crude oil. Coupling with the rise in domestic demand, Taiwan's real GDP is estimated to grow by 0.52% in 2015Q2. In the meantime, the economic growth rate of 2015Q1 is revised up to 3.84% (formerly 3.37%), compared to the same quarter of 2014.

Forecast for 2015

        Because the weak exports of goods and services, Taiwan's real GDP is predicted to grow by 1.56% (formerly 3.28%) in the whole 2015. CPI is expected to decline by 0.19% (formerly grow by 0.13%).

Outlook for 2016

        The world economy is anticipated to have a better performance in 2016, which will sustain Taiwan's export growth. The 2016 growth forecast, Taiwan's real GDP will grow by 2.70%. CPI will increase by 0.74%.

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)
• Table  14  Major Figures of Family Income and Expenditure (1/2) (EXCEL) (ODF)
• Table  14  Major Figures of Family Income and Expenditure (2/2) (EXCEL) (ODF)
• Table  15  The Change of Disposable Income per Household Occurred by Current Transfers between Households and Government (EXCEL) (ODF)
• Table  16  Household Income Distribution of Major Countries(Area) (EXCEL) (ODF)
• Table  17  Household Facilities and Housing in Taiwan Area (EXCEL) (ODF)
• Table  18  Government Social Transfers In Kind Effect on Income Distribution, by Income Quintile (EXCEL) (ODF)