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BackThe latest forecast from the Taiwan Academy of Economics: Taiwan’s economic growth will be 12.34% this year and 6.45% next year.
The latest forecast from the Taiwan Academy of Economics: Taiwan’s economic growth will be 12.34% this year and 6.45% next year.
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自由时报19 minutes agoBusiness2 min readChinaView original

The latest forecast from the Taiwan Academy of Economics: Taiwan’s economic growth will be 12.34% this year and 6.45% next year.

Taiwan Economic Academyeconomic growth rateProspects for 2027

Quick Look

  • The National Taiwan Academy of Economics released its business outlook for 2027, revising Taiwan's economic growth rate this year to 12.34%, and predicting a growth rate of 6.45% in 2027, showing steady growth; the growth in the first three quarters of 2026 will reach 15.4% respectively.
  • 3%, 12.93%, 14.36%, mainly trade and investment; the forecast CPI annual growth rate in 2027 is 1.94%, a decrease of 0.11 percentage points from the revised 2.05% in 2026.

AI-generated summary

Why It Matters

The Taiwan Economic Research Institute held a 2027 Business Outlook and Industrial Trends Seminar on September 9, 2026, and announced the latest economic forecast.

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The Taiwan Institute of Economic Research (TWEE) held a 2027 Business Outlook and Industrial Trends Seminar today (9th). The Taiwan Institute of Economics released its latest forecast, revising Taiwan's economic growth rate this year to 12.34%, and forecasting economic growth of 6.45% in 2027. Although the pace of growth in 2027 will slow down from 2026 under a high base period, it will still show "steady growth."

The Taiwan Academy of Economics pointed out that Taiwan's economic performance will be outstanding in 2026, with growth rates in the first three quarters reaching 15.43%, 12.93%, and 14.36% respectively. The growth momentum is mainly trade and investment, mainly due to the continued global artificial intelligence (AI) investment boom. Taiwan's exports of electronic information products and manufacturers' equipment investment have been boosted. In addition, the stock market's highs have led to wealth effects, and the auto market's buying sentiment has rebounded as the impact of tariffs has weakened. Private consumption growth has accelerated significantly, but demand from non-AI industries has remained weak, and the performance of various industries has shown clear differences.

In terms of prices, the Taiwan Academy of Economics pointed out that international oil prices will remain relatively high in 2026, driving fuel costs and international air ticket fuel surcharges to increase. In addition, the cost of eating out continues to rise, making Taiwan's price increase larger than the previous year. The average annual growth rate of CPI in the first nine months of this year was 1.94%. Since May, the annual growth rate in a single month has been more than 2%, rising to 2.73% in September; the average annual growth rate of core CPI in the first nine months was 2.15%.

Looking forward to prices in 2027, the Taiwan Economic Academy pointed out that corporate salary increases and minimum wage increases may push up service prices, and the expansion of AI demand may also push up the prices of some electronic products. However, international oil prices and raw material prices are expected to stabilize, and consumer demand is moderate, which will help ease inflationary pressures. Taking into account risks such as geopolitics and extreme weather, it is predicted that the annual CPI growth rate in 2027 will be 1.94%, a decrease of 0.11 percentage points from the revised 2.05% in 2026, and the overall inflation will remain moderate.

Open Questions

  • What is the specific value of this year's economic growth rate after the upward revision?
  • What is the forecast for the economic growth rate for the whole year of 2026?
  • What are the specific industries with weak demand in non-AI industries?

Related Topics

Taiwan Economic Academy
PeopleZhang Jianyi
OrganizationsTaiwan Economic Research Institute
PlacesTaipeiTaiwan
Topicseconomic growth rateProspects for 2027CPIartificial intelligencetradeinvestment
This article was originally published by 自由时报.

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