Taiwan Economy 2025 GDP to Grow on AI Boom

Taiwan’s economic growth in 2025 is likely to be revised higher, as the AI-driven export boom continues to outperform expectations. The Directorate-General of Budget, Accounting and Statistics (DGBAS), Executive Yuan of Taiwan, is set to release the updated fourth-quarter and full-year GDP figures on the 30th.

According to the Ministry of Finance, exports in December reached US$62.48 billion, up 43.4 percent year-on-year and the second-highest monthly total on record. The growth was led by information and communications technology (ICT) and audiovisual products, which surged 130 percent, and electronic components, up 24.1 percent. The surge underscores sustained AI demands, high-performance computing, and related applications.

While the strength extended through the quarter and the year, fourth-quarter exports totaled US $188.11 billion, a 49.4 percent increase from a year earlier. Full-year exports broke the US$600 billion threshold for the first time, reaching US$640.75 billion, up 34.9 percent, well above DGBAS’s November projection. The trade surplus also hit a record US$157.14 billion.

Officials have further attributed the outperformance to continued capital spending by global cloud service providers and accelerated investment in sovereign AI and computing infrastructure worldwide. Taiwan’s competitive semiconductor and ICT supply chains have been key beneficiaries, reinforcing export growth.

DGBAS previously forecast full-year GDP growth of 7.37 percent but noted these estimates preceded complete data. With exports now surpassing earlier expectations and domestic demand likely to improve, driven partly by policy measures such as cash disbursements, the final GDP figures are expected to be revised upward. The combination of robust exports and policy support indicates continued economic strength going into 2025.