DGBAS raises this year's economic growth forecast to 9.64%, the highest in 16 years
Taiwan's DGBAS has significantly raised its economic growth forecast for this year to 9.64%, driven by stronger-than-expected AI demand, marking a 16-year high.
📋 Article Processing Timeline
- 📰 Published: May 29, 2026 at 17:23
- 🔍 Collected: May 31, 2026 at 23:59 (54h 36m after Published)
- 🤖 AI Analyzed: June 2, 2026 at 00:32 (24h 32m after Collected)
Taiwan's Directorate-General of Budget, Accounting and Statistics (DGBAS) released its latest economic forecast on the 29th. Due to stronger-than-expected demand for AI, high-performance computing, and cloud infrastructure, the annual economic growth forecast has been significantly raised to 9.64%, an increase of 1.93 percentage points from the February forecast, marking the highest level in 16 years. The annual Consumer Price Index (CPI) is estimated to rise by 1.93%. Exports, imports, private consumption, and private investment have all been revised upward.
FAQ
What is the current state of the Taiwanese economy?
It is recording a very high growth rate driven by AI demand.