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GDP: Advance Estimate of 2014Q2

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

The seasonally adjusted real gross domestic product (GDP) increased by 5.91% on a quarter-on-quarter annualized basis in 2014Q2, and the year-on-year(yoy) growth rate of unadjusted GDP was 3.84%, according to the advance estimate by DGBAS.

Advance Estimation of GDP in 2014Q2

        Owing to the moderate growth of exports and private consumption, the seasonally adjusted real GDP increased from previous quarter (saqr) by 1.45%, and the seasonally adjusted annualized rate (saar) rose by 5.91%. Meanwhile, the year-on-year (yoy) growth rate of seasonally unadjusted real GDP was 3.84% in 2014Q2, 1.05 percentage points higher than the former prediction (2.79%) in May.

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