TaipeiEcon
Inventory of all articles of TaipeiEcon
Inventory of all articles of TaipeiEcon
Comprehensive analysis of the International Economic Outlook, Taiwan Economic Overview, and Taipei Econ Overview in the 2021Q3.
According to EIU, IMF, OECD and other institutions to observe the performance of economic data in the third quarter of 2021: the annual GDP growth rate of the United States was 2.0 % , Japan's annual GDP growth rate declines by 3.6%, the annual GDP growth rate of the China was 4.9% ,the annual GDP growth rate of the Eurozone was 3.7%.
Unit：%
| IMF 2021.10 (2021.07) |
UN 2021.05 (2021.01) |
IHS Markit 2021.11 (2021.10) |
OECD 2021.12 (2021.09) |
EIU 2021.11 (2021.10) |
WB 2021.06 (2021.01) |
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|---|---|---|---|---|---|---|---|---|---|---|---|---|
| region | 2021 | 2022 | 2021 | 2022 | 2021 | 2022 | 2021 | 2022 | 2021 | 2022 | 2021 | 2022 |
| Global | 5.9 | 4.9 | 5.4 | 4.1 | 5.5 | 4.2 | 5.6 | 4.5 | 5.4 | 4.0 | 5.6 | 4.3 |
| (6.0) | (4.9) | (4.7) | (3.4) | (5.5) | (4.3) | (5.7) | (4.5) | (5.4) | (4.1) | (4.0) | (3.8) | |
| USA | 6.0 | 5.2 | 6.2 | 3.2 | 5.5 | 4.3 | 5.6 | 3.7 | 5.5 | 3.8 | 6.8 | 4.2 |
| (7.0) | (4.9) | (3.4) | (2.7) | (5.4) | (4.3) | (6.0) | (3.9) | (5.7) | (3.8) | (3.5) | (3.3) | |
| JAPAN | 2.4 | 3.2 | 3.3 | 2.2 | 2.2 | 2.7 | 1.8 | 3.4 | 2.3 | 3.2 | 2.9 | 2.6 |
| (2.8) | (3.0) | (3.0) | (1.8) | (2.3) | (2.6) | (2.5) | (2.1) | (2.3) | (3.0) | (2.5) | (2.3) | |
| EURO | 5.0 | 4.3 | 4.2 | 3.9 | 5.1 | 3.7 | 5.2 | 4.3 | 4.9 | 4.3 | 4.2 | 4.4 |
| (4.6) | (4.3) | (5.0) | (2.6) | (5.0) | (4.0) | (5.3) | (4.6) | (4.8) | (4.3) | (3.6) | (4.0) | |
| CHINA | 8.0 | 5.6 | 8.2 | 5.8 | 8.1 | 5.5 | 8.1 | 5.1 | 7.9 | 5.3 | 8.5 | 5.4 |
| (8.1) | (5.7) | (7.2) | (5.8) | (8.2) | (5.7) | (8.5) | (5.8) | (7.9) | (5.3) | (7.9) | (5.2) | |
|
World Trade |
9.7 | 6.7 | 9.4 | 5.7 | - | - | 9.3 | 4.9 | 9.0 | 5.9 | 8.3 | 6.3 |
| (9.7) | (7.0) | (6.9) | (3.7) | (-) | (-) | (-) | (-) | (9.0) | (5.8) | (5.0) | (5.1) | |
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Note：( )advance estimate.
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Key domestic economic indicators for the third quarter of 2021：The real economic growth rate (GDP) is 3.70%.The export order volume reached a new high of US$ 171.71 billion, a year-on-year increase of 21.71%.The export trade value reached a new high of US$ 117.153 billion, a year-on-year increase of 30.13%. The industrial production index and manufacturing industry production index climbed to 136.44 and 137.96, respectively. This represents a year-on-year rise of 13.33% and 14.17%.
| Indicator | Statistical interval | Data | YoY |
|---|---|---|---|
| GDP (％) | 2021Q3 | 3.70 | — |
| Export Orders (US$ billion) |
2021Q3 | 171.71 | ▲21.71％ |
| Custom Exports (US$ hundred million) |
2021Q3 | 1,171.53 | ▲30.13％ |
| Industrial Production Index in Taiwan | 2021Q3 | 136.44 | ▲13.33％ |
As of the end of September 2021, a total of 238,624 businesses were registered in Taipei City. This number declines by 444 compared to the previous year, which represents a year-on-year declines of 0.19%. Firms registered in Taipei account for 14.47% of all businesses in Taiwan. The total registered capital of the Taipei City companies reaches13.4731 trillion, constituting 51.53%of the aggregate capital of all firms in Taiwan. 1,005 factories are currently registered in Taipei City, which is 32 less than last year.
The total actual number of companies and firms in Taipei City totals 240,946 had a sales volume of 9.5525 trillion in the third quarter of 2021, representing an increase of 11.43% compared to the previous year and accounts for 29.43% of the total sales volume of all Taiwanese businesses. The tertiary industry had a sales volume of 7.6686 trillion, making up 43.65% of the total sales of all tertiary businesses in Taiwan. Approved foreign investments in Taipei City amount to US$ 1520 million, a decrease by 15.51% over 2020Q3. This amount accounts for 73.15% of all foreign investments in Taiwan. 61 newly established foreign companies were registered in Taipei City, which is 7 less than in 2020Q3.
| Indicator | Statistical interval | Data | YoY | Percentage of total for the whole country |
|---|---|---|---|---|
| Industry & Business Registration (Number) |
September (bottom value) |
238,624 | ▼0.19% | 14.47% |
| Total Capital of Companies Registered (NT$ hundred million) |
September (bottom value) |
134,731 | ▲3.87% | 51.53% |
| Factory Registration (Number) |
September (bottom value) |
1,005 | ▼32 | 1.01% |
| Number of Companies and Firms (Number) |
September (bottom value) |
240,946 | ▲3,874 | 15.63% |
| Sales of Companies and Firms (NT$ hundred million) |
Jan.–Sep. (Cumulative value) |
95,525 | ▲11.43% | 29.43% |
| Sales of Tertiary Industry (NT$ hundred million) |
Jan.–Sep. (Cumulative value) |
76,686 | ▲9.26% | 43.65% |
| Foreign Direct Investment (US$ million) |
2021Q3 | 1,520 | ▼15.51% | 73.15% |
| Number of Newly Established Foreign Companies (Number) |
2021Q3 | 61 | ▼7 | X |