Taiwan's economic growth for third-quarter 2021 is preliminarily estimated at 3.80%, 0.49pp higher than 3.31% forecast in August 2021, according to the Directorate General of Budget, Accounting and Statistics (DGBAS).
The economic growth for January-September 2021 is preliminarily estimated at 6.74%, DGBAS said.
Third-quarter 2021 economic growth is estimated at 4.9% for China, 6.5% for Singapore, 4.0% for South Korea, and 4.9% for the US, DGBAS noted.
DGBAS: Taiwan economic situation | ||||
Economic growth | CPI Y/Y | GDP per capita | GNI per capita | |
3Q21(e) | 3.80% | 2.29% | US$8,307 | US$8,391 |
4Q21(f) | 4.01% | 1.94% | US$8,717 | US$8,850 |
2021(f) | 5.88% | 1.74% | US$32,747 | US$33,310 |
2022(f) | 3.69% | 0.89% | US$34,523 | US$35,073 |
Source: DGBAS, compiled by Digitimes, November 2021