Taiwan's Economy Under Pressure As Trade Woes Continue

Detail of the national flag of Taiwan - Republic of China waving in the wind on a clear day

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By Iris Pang, Chief Economist, Greater China

Taiwan: At a glance

Taiwan’s economy has been showing signs of weakness since September 2022, when global semiconductor demand slumped. That was mostly due to high inflation and therefore weaker demand

GDP and inflation outlooks

CEIC, ING estimates

Taiwan forecast

CEIC, ING estimates