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Taiwan Raises 2024 GDP Forecast, Citing AI Demand
TaiwanPlus News
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12/2/2024
Taiwan's government statistics office has raised the country's GDP growth forecast to 4.27%, citing strong exports and investment driven by demand for AI. The office previously predicted 3.97% growth.
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00:00
Taiwan's government statistics office has raised its forecast for the country's GDP
00:04
growth this year.
00:06
The office expects the economy to grow by 4.27 percent, up sharply from its previous
00:12
forecast of 3.97 percent.
00:15
It cited better-than-expected exports and private investment for the revised figure,
00:20
supported by growing demand for AI.
00:22
The office says Taiwan has a good chance of maintaining high growth into next year.
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