Taiwan GDP Growth Rate

How much the economy grew or shrank compared with the previous year, in real terms.

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 Growth Rate

1980 to 2024

Source: IMF World Economic Outlook (NGDP_RPCH) · real GDP, change on the previous year, %, 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 Growth Rate in context

Worked out from the published series shown above.

In Taiwan, the GDP 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 1980 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
IMF
Series
World
Frequency
Annual
Unit
%
Seasonal adjustment
Not applicable, annual data
Latest observation
2024
Revision status
Latest published estimate, subject to revision

Annual only on this page.

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

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