Taiwan GDP Annual Growth Rate

How much bigger or smaller the economy is than a year earlier, adjusted for inflation: each period's real GDP against the same period a year before.

5.3%

+4.2pp vs 2023

2024 · Annual data

Not applicable, annual data

Matches the latest releaseNot refreshed recently, awaiting the next release

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GDP Annual Growth Rate

1981 to 2024

Source: Calculated from real GDP, each period against the same period a year earlier. Real GDP: IMF World Economic Outlook (NGDP_R) · GDP at constant prices, NT$ million, annual · actual years only. The IMF's figures for the years after the one shown are projections, which this site does not publish.

Taiwan GDP Annual Growth Rate in context

Worked out from the published series shown above.

In Taiwan, the GDP annual growth rate rose by 4.2pp in 2024, from 1.1% in 2023.

It is the highest reading since 2021.

Over the past five years it has ranged from 1.1% in 2023 to 6.7% in 2021.

Its average since 1981 is 5.5%, and the latest reading is below that.

How this series is defined

Everything you need to check the figure against the source.

Source
real GDP, each period against the same period a year earlier. Real GDP: IMF World Economic Outlook (NGDP_R)
Series
See the citation below
Frequency
Annual
Unit
%
Seasonal adjustment
Not applicable, annual data
Latest observation
2024
Revision status
Latest published estimate, subject to revision

Data refreshed 2026-10-12. Figures are the latest published observations and can be revised.

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