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Macro - Country Economic Forecasts - Taiwan

Publisher Oxford Economics
Published Apr 30, 2024
Length 9 Pages
SKU # OFE18743558

Description

Macro - Country Economic Forecasts - Taiwan



We continue to expect Taiwan’s growth outlook will be supported by the upward trend of the global tech cycle and the surging demand for AI chips. The impact of the recent earthquake on the local economy is likely to be only temporary and will not alter the uptrend in growth. We forecast Taiwan’s economy will expand by 2.8% this year and 2.9% in 2025.

Table of Contents

9 Pages
Taiwan: the upward trend in the tech cycle will support growth
Forecast overview
Recent developments
Short-term outlook
Key drivers of our Short-term Forecast
Economic risk
Economic risk evaluation
risk warnings
What to watch out for
Exposure to Key global risks
Long-term prospects
Background
Economic development
Structure of the economy
Balance of payments and Structure of trade
Politics
How Do Licenses Work?
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