30-May-2026
Economy News
 
Taiwan Raises 2026 GDP Growth Outlook to 16-Year High on Strong AI Demand
30-May-2026

Taiwan's tech-driven economy is expected to grow at its fastest pace in 16 years in 2026, the government statistics agency said on Friday, thanks to booming demand for artificial intelligence-related technologies. Gross domestic product is now expected to be 9.64% higher than a year earlier, the agency said, the quickest pace since 10.25% was recorded in 2010 and revising up the 7.71% forecast it issued in February.

News Source:- https://money.usnews.com/investing/news/articles/2026-05-29/taiwan-raises-2026-gdp-growth-outlook-to-9-64