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ECONOMIC INDICATORS

Taiwan Raises 2026 GDP Outlook to 16-Year High on AI Demand

Taiwan's government raised its 2026 GDP growth forecast to 9.64%, a 16-year high, fueled by AI demand. TSMC leads the semiconductor boom.

Olivia Taylor
ByOlivia Taylor- Senior Editor
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0
Taiwan Raises 2026 GDP Outlook to 16-Year High on AI Demand
Photo: Prepared by Bond.az

Taiwan's government raised its 2026 economic growth forecast to the highest in 16 years, driven by booming demand for AI technologies.

The statistics agency now expects GDP to grow 9.64% year-on-year, the fastest since 2010. The previous forecast was 7.71%.

Taiwan is a key player in the global AI supply chain, home to TSMC, the world's largest contract chipmaker, serving Nvidia and Apple.

The economy expanded 8.76% in 2025, the fastest in 15 years, the agency added.

First-quarter 2026 growth was revised up to 14.55%, the quickest quarterly pace in nearly 48 years.

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