This video explains why Taiwan is a great choice to start or expand your business.
Taiwan GDP Annual Growth Rate
At the same time, exports rose faster (5.67% vs 3.33%), amid strong foreign demand for parts of electronic products and information, communication, and audio-video products. Meanwhile, imports fell further (-2.9% vs -3.6%). For full 2020, the GDP was revised up to 3.11% from an earlier forecast of 2.08%. In 2021, the economy is expected to grow by 4.64%, higher than a prior forecast of 3.83% on a strong rebound in exports.
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