Macro - Country Economic Forecasts - Taiwan

Macro - Country Economic Forecasts - Taiwan

We expect Russia's invasion of Ukraine will cause commodity prices to stay higher for longer, pushing up inflation further and weakening growth given Taiwan's exposed position in global trade. We have therefore cut our 2022 GDP growth forecast by 0.4ppts to 2.6% and have nudged down our expectation for 2023 by 0.1ppt to 2.7% expansion.


Taiwan: GDP forecast for 2022 lowered to 2.6%
Forecast overview -Recent developments
Short-term outlook
Key drivers of our short-term forecast
Economic risk -Economic risk evaluation
Risk warnings
What to watch out for
Exposure to key global risks
Long-term prospects
Background
Economic development
Structure of the economy
Balance of payments and structure of trade
Politics

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