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 2024Q3.
According to EIU, IMF, OECD and other institutions to observe the economic growth forecast for the world's major economies in 2024: U.S. real GDP will grow by 2.6%, Japan's real GDP will grow by 1.2%, China's real GDP will grow by 5.0%, the real GDP of the euro area will grow by 1.0%.
Unit:%
IMF 2024.10 (2024.07) |
UN 2024.09 (2024.05) |
S&P Global 2024.11 (2024.10) |
OECD 2024.09 (2024.05) |
EIU 2024.11 (2024.20) |
WB 2024.06 (2024.01) |
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2024 | 2025 | 2024 | 2025 | 2024 | 2025 | 2024 | 2025 | 2024 | 2025 | 2024 | 2025 | |
Globa |
3.2 | 3.2 | 2.7 | 2.7 | 2.7 | 2.7 | 3.2 | 3.2 | 2.6 | 2.7 | 2.6 | 2.7 |
(3.2) | (3.2) | (2.7) | (2.8) | (2.7) | (2.8) | (3.1) | (3.2) | (2.6) | (2.6) | (2.4) | (2.7) | |
USA |
2.8 | 2.2 | 2.5 | 1.7 | 2.7 | 2.0 | 2.6 | 1.6 | 2.7 | 2.2 | 2.5 | 1.8 |
(2.6) | (1.9) | (2.3) | (1.7) | (2.7) | (2.1) | (2.6) | (1.8) | (2.7) | (1.7) | (1.6) | (1.7) | |
JAPAN |
0.3 | 1.1 | 0.8 | 1.1 | -0.1 | 1.2 | -0.1 | 1.4 | 0.2 | 1.1 | 0.7 | 1.0 |
(0.7) | (1.0) | (1.2) | (1.1) | (0.0) | (1.2) | (0.5) | (1.1) | (0.6) | (1.1) | (0.9) | (0.8) | |
EURO | 0.8 | 1.2 | 0.8 | 1.3 | 0.7 | 1.1 | 0.7 | 1.3 | 0.8 | 1.3 | 0.7 | 1.4 |
(0.9) | (1.5) | (0.8) | (1.4) | (0.7) | (1.2) | (0.7) | (1.5) | (0.9) | (1.4) | (0.7) | (1.6) | |
CHINA | 4.8 | 4.5 | 4.8 | 4.5 | 4.9 | 4.6 | 4.9 | 4.5 | 4.9 | 4.8 | 4.8 | 4.1 |
(5.0) | (4.5) | (4.8) | (4.5) | (4.9) | (4.6) | (4.9) | (4.5) | (4.7) | (4.8) | (4.5) | (4.3) | |
WORLD TRADE | 3.1 | 3.4 | - | - | - | - | - | - | 2.5 | 3.3 | 2.5 | 3.4 |
(3.1) | (3.4) | (3.2) | (3.6) | (-) | (-) | (2.3) | (3.3) | (2.6) | (3.3) | (2.3) | (3.1) | |
Note:: ( ) advance estimate。
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Key Domestic Economic Indicators in 2024Q3: The real GDP grew by 5.06%. The value of export orders reached US$141.54 billion, marking a year-on-year increase of 6.94%. Total exports were valued at US$114.73 billion, reflecting a year-on-year increase of 9.94%. The industrial production index and the manufacturing industry production index increased to 93.20 and 92.75, respectively, indicating a year-on-year increase of 14.48% and 14.86%.
Indicator | Statistical interval | Data | YoY |
---|---|---|---|
GDP (%) | 2024Q3 | 3.97 | — |
Export Orders (US$ billion) |
2024Q3 | 154.04 | ▲6.11% |
Custom Exports (US$ billion) |
2024Q3 | 124.13 | ▲8.05% |
Industrial Production Index in Taiwan | 2024Q3 | 99.36 | ▲12.25% |
As of the end of September 2024, a total of 242,135 businesses were registered in Taipei City, reflecting an increase of 3,693 businesses compared to the previous year, with a year-on-year growth rate of 1.55%. The registered capital of enterprises in Taipei City reached 15.27 trillion, which represents an increase of 4.11% over the same period last year. The number of registered factories in Taipei City was 911, indicating an annual decrease of 2.77%.
The number of profit-seeking enterprises in Taipei City reached 251,129, generating a total revenue of 3.10 trillion, an annual increase of 5.15%. The tertiary sector reported sales of 2.49 trillion, achieving an annual growth of 5.93%. Approved foreign investments in Taipei City totaled US$6.56 billion, reflecting an annual decrease of 8.38%. The number of newly established foreign companies in Taipei City was 53, unchanged from the same period last year.
Indicator | Statistical interval | Data | YoY |
---|---|---|---|
Industry & Business Registration (Number) |
Sep 2024 (bottom value) |
242,135 | ▲1.55% |
Total Capital of Companies Registered (NT$ trillion) |
Sep 2024 (bottom value) |
15.27 | ▲4.11% |
Factory Registration (Number) |
Sep 2024 (bottom value) |
911 | ▼2.77% |
The Number of the Profit-seeking Enterprise (Number) |
Sep 2024 (bottom value) |
251,129 | ▲1.41% |
The Amount of the Profit-seeking Enterprise Income (NT$ trillion) |
Jul. - Sep. 2024 (Cumulative value) |
3.10 | ▲5.15% |
Sales of Tertiary Industry (NT$ trillion) |
Jul. - Sep. 2024 (Cumulative value) |
2.49 | ▲5.93% |
Foreign Direct Investment (US$ hundred million) |
Jul. - Sep. 2024 (Cumulative value) |
6.56 | ▼8.38% |
Number of Newly Established Foreign Companies (Number) |
Jul. - Sep. 2024 (Cumulative value) |
53 | — |