Analysis by Region - Asia Pacific - Taiwan

Analysis by Region - Asia Pacific - Taiwan



Taiwan’s Q1 GDP beat expectations, growing 6.5% y/y and accelerating for the fourth consecutive quarter. Exports were the biggest driver and contributed 6.4ppts to headline growth. Domestic demand added 2.1ppts to growth, partly assisted by holiday spending. We are reviewing our 2024 GDP growth forecast of 2.8%, acknowledging upside risks.


Taiwan: Better-than-expected M1 growth confirms our optimistic view
Forecast overview
Recent developments
Short-term outlook
Key drivers of our Short-term Forecast
Economic risk
Economic risk eval

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