Rosy Outlook for Taiwan's Economy
REPORTER:
Taiwan's top economic think tank is now projecting 10.38 percent GDP growth in 2026.
The forecast by the Taiwan Institute of Economic Research, or TIER, is the highest prediction so far. TIER’s outlook is based on strong AI demand that is boosting the country's ICT and electronics sectors and driving record-high exports and domestic investment.
But TIER also warned of inflation risks, with the ongoing war in the Middle East and extreme weather around the world pushing up energy and food prices.
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Taiwan's Economy
REPORTER:
Taiwan's top economic think tank, the Taiwan Institute of Economic Research, TIER, has released its latest forecast, projecting Taiwan's economy to grow by 10.38% in 2026, the highest among existing domestic forecasts.
TIER says this is due to strong AI-driven demand, which has continued to boost the country's ICT and electronics sectors, driving record-high export momentum and domestic investment.
Meanwhile, the organization also warned of inflation risks, citing the ongoing war in the Middle East and extreme weather around the world, which continue to push up energy and food prices.