Key data points
Last release
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Observation period
Q2 2024
Next release
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Forecast
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Highest
17.26 % on Sep 30, 1978
Lowest
−7.88 % on Mar 31, 2009
About Taiwan GDP YoY
Taiwan’s economy is export oriented. As such, manufacturing is crucial and accounts for around 31 percent of GDP. Like in most advanced economies, the services sector is the biggest and constitutes nearly 65 percent of GDP. Within services, the most important are wholesale and retail trade (17.3 percent of GDP); real estate (8 percent of GDP); and public administration and defense (6.4 percent of GDP).