Taiwan Economic Forum Raises 2026 GDP Forecast to 12.34%, Projects 2027 Growth at 6.45%

According to Taiwan Economic Forum (TEF), on November 9, the organization raised its 2026 GDP growth forecast to 12.34% and projected 2027 growth at 6.45%. Despite the year-on-year decline, TEF noted the latter represents solid growth on a high base, supported by continued AI demand driving semiconductor exports and investment. TEF expects 2027 private consumption to grow 3.03%, while CPI inflation is projected to moderate to 1.94%.

TEF Chairman Chang Chien-i stated that Taiwan's 2027 economy will be underpinned by steady consumption, stable investment, and export gains, though at a slower pace than 2026. AI-driven infrastructure expansion and sovereign AI initiatives are expected to sustain demand for advanced semiconductor packaging and server solutions, with Taiwan remaining a key player in the supply chain.

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