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GDP forecast raised to 11-year record 5 88 percent
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《TAIPEI TIMES》 GDP forecast raised to 11-year record 5 88 percent - 焦點
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CIER raises GDP growth forecast to 5 16% for 2021
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Elixir random-access memory (RAM) made by Nanya Technology Corp. is arranged for a photograph in Taipei, Taiwan, on Tuesday, Jan. 22,2008. Nanya Technology Corp. is Taiwan s second-biggest computer-memory chipmaker. Photographer: Maurice Tsai/Bloomberg News
TAIPEI: Taiwan’s economy will probably grow at its fastest pace in seven years in 2021, the government said, forecasting that a global scramble for semiconductors will deliver a boost to the island’s exports.
Gross domestic product (GDP) will likely expand 4.64% in 2021, the statistics bureau said, compared to a forecast of 3.83% made late last year. Officials also revised up fourth-quarter GDP expansion to 5.09%.
The government more than doubled its estimate for 2021 export growth to 9.58% from 4.59%.