Taiwan BIP Veränderung zum Vorjahr

The Taiwanese economy expanded by 3.97% year-on-year in the third quarter of 2024, easily surpassing market expectations of a 3.4% gain, although it slowed from a 5.06% growth in the previous three-month period, preliminary estimates showed. Domestic demand contributed to the slowdown of the country’s GDP, with household consumption easing (1.92% vs. 2.77% in Q2), while government spending increased (3.9% vs. 1.9%). Meanwhile, net external demand rose, as both exports (8.67% vs. 7.65%) and imports (13.33% vs. 10.15%) continued to accelerate. On a seasonally adjusted quarterly basis, the country's GDP climbed 4.38% in the third quarter of 2024, accelerating from an upwardly revised 1.16% rise in the previous three-month period.