Taiwan's Economic Growth Forecast Adjusted Upwards to 7.37%

TaiwanPlus News

The Directorate-General of Budget, Accounting and Statistics has revised their economic outlook for 2025 to 7.37 percent. That's up from their August forecast of 4.45 percent.  They say this is due to the global demand for AI.

Transcript

00:00Taiwan's yearly economic growth is exceeding expectations, prompting revision to its 2025

00:05forecast.

00:07Economic research officials originally predicted in August that total annual growth would be

00:114.45 percent, but now are increasing that to a growth of 7.37 percent.

00:17They say this is due to the global AI boom, of which Taiwan is a key producer of chips

00:22and other electronics.

00:24If the economy developed as expected, it would be the country's biggest growth in 15 years.

00:29For next year, the office issued a forecast of 3.54 percent growth due to uncertainty about

00:35U.S. tariffs on semiconductors.

Category

Transcript

Be the first to comment

Recommended