US EditionPublished • loading... • Updated
Taiwan raises 2025 GDP growth forecast on surge in AI demand
Taiwan's 2025 GDP growth forecast jumps 2.92 points to 7.37% due to surging AI-related exports, investment, and a NT$10,000 cash handout boosting consumption.
- On Nov. 28, the DGBAS sharply revised Taiwan's 2025 GDP forecast to 7.37, a 2.92 percentage-point increase from its August estimate of 4.45.
- DGBAS officials said soaring AI demand and the NT$10,000 cash handout to Taiwan residents, which began earlier this month, are expected to boost exports, investment, and consumption.
- Q4 data show merchandise shipments rising to NT$5.41 trillion , while full‑year exports and imports are expected to increase 31.14% and 28.47%, respectively.
- The DGBAS is looking at fourth‑quarter growth of 7.91, with cash payouts contributing about one percentage point to that quarter, and private consumption is now projected to grow 1.5%.
- The agency warned risks persist into next year even as strong AI demand and sovereign AI initiatives should continue to support Taiwan's supply chain, with exports expected to reach US$664.4 billion next year and growth moderating to 3.54% in 2026.
Insights by Ground AI
13 Articles
13 Articles
Taiwan 2025 GDP growth forecast hits 15-year high on surge in AI demand
Taiwan's tech-heavy economy is expected to grow at its fastest pace in 15 years, riding the wave of demand for artificial intelligence (AI) technology, the statistics office said on Friday, though U.S. tariffs are likely to cloud the outlook next year.
·United Kingdom
Read Full Article
Taiwan Raises 2025 GDP Growth Forecast on Surge in AI Demand
·New York, United States
Read Full Article
Focus Taiwan+2 Reposted by 2 other sources
Taiwan revises 2025 growth forecast to 7.37%, on rising AI demand
Taipei, Nov. 28 (CNA) Soaring demand for artificial intelligence (AI) is boosting both exports and investment, prompting the Directorate-General of Budget, Accounting and Statistics (DGBAS) on Friday to sharply revise up Taiwan's 2025 economic growth forecast to 7.37 percent.
·Taiwan
Read Full ArticleCoverage Details
Total News Sources13
Leaning Left5Leaning Right2Center4Last UpdatedBias Distribution46% Left
Bias Distribution
- 46% of the sources lean Left
46% Left
L 46%
C 36%
R 18%
Factuality
To view factuality data please Upgrade to Premium
