Latest reading: Industrial production increased 3.8% on a year-on-year basis in March, following a 3.8% decline in the previous month....
Industrial Production in Taiwan
The Taiwanese economy recorded an average industrial production growth rate of 3.6% in the decade to 2024. In 2024, industrial production growth was 11.6%. For more industry information, visit our dedicated page.
Taiwan Industry Chart
Note: This chart displays Industrial Production (annual variation in %) for Taiwan from 2014 to 2025.
Source: Macrobond.
Taiwan Industry Data
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Industrial Production (ann. var. %) | 14.7 | -1.7 | -12.5 | 11.6 | 18.4 |
Industrial production speeds up in March
Latest reading: Industrial production increased 28.7% on a year-on-year basis in March, following 16.6% growth in the prior month. March's reading was the strongest since May 2010. As in past months, production was driven chiefly by booming manufacturing output as rising global AI demand boosted IT and electronics sales. Relative to the prior month's data, readings in March improved for manufacturing (+30.7% on a year-on-year basis vs +18.3% in February), electricity and gas supply (-1.8% vs -10.2% in February), water supply (-0.1% vs -0.5% in February) and mining and quarrying (-10.6% vs -14.3% in February). In seasonally adjusted month-on-month terms, industrial production rose 1.6% in March, following a 4.6% increase in the prior month.
Consensus Forecasts and Projections for the next ten years
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Taiwanese industry projections for the next ten years from a panel of 7 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable industry forecast available for Taiwanese industry.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Taiwanese industry projections.
Want to get access to the full dataset of Taiwanese industry forecasts? Send an email to info@focus-economics.com.
Latest Global Industrial production News
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Sweden: Industrial production shrinks in March Latest reading: Industrial production—excluding energy—declined 1.5% in calendar- and seasonally adjusted month-on-month terms in March, following a 4.6% rise in... -
Vietnam: Industrial production speeds up in April Latest reading: Industrial production was up 9.9% on a year-on-year basis in April, following a 6.9% increase in the prior... -
Denmark: Manufacturing production returns to growth in March Latest reading: Manufacturing production was up 8.6% in seasonally adjusted month-on-month terms in March, following a 4.5% fall in the... -
Argentina: Manufacturing production rebounds in March Latest reading: Manufacturing production was up 5.0% on a year-on-year basis in March, following a 8.6% decline in the prior... -
France: Industrial production returns to growth in March Latest reading: Industrial production—excluding construction—was up 1.0% on a working-day and seasonally adjusted month-on-month basis in March, following a 0.9%... -
Portugal: Industrial production returns to growth in March Latest reading: Industrial production rose 3.2% in calendar and seasonally adjusted month-on-month terms in March, following a 0.3% drop in...