Taiwan’s Economy to Grow 3% in 2025 Amid Global Uncertainty
Taiwan: Taiwan’s economy is forecasted to grow by 3% in 2025, following a strong 4.3% expansion in 2024, which outperformed Singapore (4%), Hong Kong (2.5%), and South Korea (2%). Premier Cho Jung-tai emphasized the government's commitment to stabilising prices, creating job opportunities, and fostering an innovative economy. In 2024, private sector domestic investment surpassed TWD 5 trillion (USD 152.7 billion), and exports reached nearly USD 500 billion, the second highest in history. To sustain growth, the government will continue promoting five key industries—AI, military, next-generation communications, security and surveillance, and semiconductors—alongside six regional flagship programs to strengthen Taiwan’s position in global supply chains. Additionally, Taiwan is enhancing trade and security cooperation, with a dedicated panel coordinating affairs with key partners like the U.S.
Source: ROC Taiwan