Taiwan raises 2026 growth forecast to 7.7 percent

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Taiwan raises 2026 growth forecast to 7.7 percent
Photo: ChiangYing-ying /AP/TT

Self-governing Taiwan is raising its 2026 growth forecast for its technology-heavy, export-dependent economy to 7.7 percent, compared with a 3.5 percent forecast in November.

The forecast increase is explained by stronger-than-expected demand, according to Tsai Yu-tai, head of statistics at the Directorate General of Budget Affairs in Taipei.

An export increase of 22.2 percent is also forecast, compared with a previous forecast of 6.3 percent for exports in 2026.

During the fourth quarter of last year, growth totaled 12.6 percent. This implies full-year 2025 growth of 8.7 percent, compared with the expected 8.6 percent.

Growth in the first quarter of this year is expected to rise to 11.5 percent.

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By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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