Taiwan BIP Veränderung zum Vorjahr

The Taiwanese economy expanded by 4.17% year-on-year in the third quarter of 2024, up from the preliminary estimate of a 3.97% increase, although slowing from a downwardly revised 4.89% gain in the previous three-month period. Domestic demand contributed to the slowdown in GDP, particularly household consumption (2.31% vs. 2.94% in Q2). However, government spending increased (4.05% vs. 2.03%), along with gross fixed capital formation (8.62% vs. 6.9%). Net external demand also expanded, as both exports (8.92% vs. 7.65%) and imports (14.71% vs. 11.51%) accelerated. On a seasonally adjusted quarterly basis, the country's GDP growth eased to 0.23% in the third quarter of 2024 from a 0.67% rise in the previous three-month period.