Nominal GDP for Taiwan was $796.9bn in 2024, up from $757.4bn in 2023. The Taiwanese population was estimated at 23.2m in 2024 according to the IMF, while China is Taiwan’s biggest trading partner.
Variables Surveyed for Taiwan
Variables covered in our monthly analysis of Taiwan include:
- Gross Domestic Product
- Private Consumption
- Gross Fixed Investment
- Manufacturing Production
- Consumer Prices
- Money Supply
- Unemployment Rate
- Merchandise Exports
- Merchandise Imports
- Trade Balance
- Current Account Balance
- Consolidated Govt Budget Balance
- Interest Rates
- Taiwanese dollar Forecasts
Consensus Forecasts for Taiwan
Individual panellist forecasts are shown for each of the variables surveyed, along with the consensus (mean) forecast. The rows of forecasts are ranked by the GDP growth estimate for the current year, highest to lowest. in the PDF publication, we also show selected “comparison forecasters” including the Asian Development Bank and IMF. The example below is an illustrative historical survey snapshot from September 2022, showing how individual forecasts and the consensus are presented.

Source: Asia Pacific Consensus Forecasts, September 2022
Special Surveys
In addition to the regular surveys for the variables listed above we also undertake a number of Special Surveys for Taiwan on topics such as:- Quarterly Forecasts
- Long-Term 5 and 10 Year Forecasts
- Economic Policy Evaluation
- Real Interest Rates and Foreign Direct Investment
- Forecast Probabilities
- Forecasts of Trade and Current Account Balances
Main Data Sources for Taiwan
- National Statistics, Republic of China (Taiwan): Official Statistics Office of Taiwan
- Central Bank of the Republic of China (Taiwan): The Central Bank of the Republic of China (Taiwan) is the central bank of Taiwan.
Comprehensive Forecasts Coverage
Consensus Economics has collected forecasts for more than 30 years, building up a comprehensive catalogue of historical forecasts data. Please enquire at editors@consensuseconomics.com should you wish to find out more about these data offerings, pricing and the different platforms by which you can access them.Explore forecasts across Asia Pacific
Alongside this country forecast, explore the other economies covered by our Asia Pacific forecast publication.
