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Taiwan real GDPTaiwan real GDPTaiwan real GDP

Taiwan real GDP

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Key data points


Last release
—
Observation period
Q2 2024
Next release
—
Forecast
—
Highest
‪5.67 T‬ TWD on Dec 31, 2023
Lowest
‪650.01 B‬ TWD on Jun 30, 1982

About Taiwan real GDP


Category
GDP
Source
Directorate-General of Budget, Accounting and Statistics
Frequency
Quarterly
Units
TWD

Related indicators


TWFYGDPG
Full Year GDP Growth
TWGDP
GDP
TWGDPA
GDP From Agriculture
TWGDPC
GDP From Construction
TWGDPMAN
GDP From Manufacturing
TWGDPMIN
GDP From Mining
TWGDPPA
GDP From Public Administration
TWGDPQQ
GDP Growth Rate
TWGDPS
GDP From Services
TWGDPT
GDP From Transport
TWGDPU
GDP From Utilities
TWGDPYY
GDP Growth
TWGFCF
Gross Fixed Capital Formation
TWGNP
Gross National Product

Frequently Asked Questions


Real GDP is calculated using a GDP price deflator, which is the difference in prices between the current year and the base year. Then nominal GDP (GDP adjusted for inflation) is divided by this deflator, yielding real GDP. Nominal GDP is usually higher than real GDP because inflation is typically a positive number.
Since GDP measures an economy's output, it is subject to inflationary pressure. So real GDP is a measure of an economy's output adjusted for inflation.
Last quarter Taiwan real GDP was 5.65 T TWD, and the quarter before that it reached 5.47 T TWD.