National Statistics, Republic of China (Taiwan)

February 17, 2016 According to the latest preliminary estimation by DGBAS, Taiwan's real gross domestic product (GDP) decreased by 0.52% in 2015Q4, compared to the same quarter of the previous year. On a quarter - on quarter seasonally – adjusted annualized basis, the economy grew by 2.18%, ending two consecutive quarters of contraction. For the whole 2015, the economic growth rate was 0.75%, the lowest growth since the financial crisis. Meanwhile, the GDP is projected to grow by 1.47% in 2016.

Preliminary Estimation of GDP in 2015Q4 and 2015

        The continuing slump of exports brought Taiwan's real GDP 0.52% contraction in 2015Q4. Meanwhile, the economic growth rate of 2015Q3 was revised to -0.80% (formerly -0.63%). For 2015 as a whole, real GDP grew by 0.75% and CPI lowered 0.31%.

Outlook for 2016

        In 2016, the weak global economy will restrain Taiwan's export momentum. Coupling with the fragile domestic demand, real GDP will only grow by 1.47% in 2016. CPI will increase by 0.69%.

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)