Taiwan Q2 GDP revised up to 12.92%, driven by AI and export surge

The sharp upward revision underscores the island's deep integration with global AI infrastructure demand, contrasting with softer growth elsewhere in Asia.

By Handelsavisen Newsroom · Automated 2026-07-31 08:42 UTC · 1 min read

Taiwan’s economy expanded at a robust 12.92% annualized pace in the second quarter, significantly exceeding earlier forecasts.

The Directorate-General of Budget, Accounting and Statistics (DGBAS) revised the figure up by 2.09 percentage points from its May estimate, marking the third consecutive quarter of double-digit growth.

73% year-on-year increase in dollar-denominated goods exports, with strong performance in triangular trade flows.

The acceleration was fueled by stronger-than-expected performance across investment, consumption, and exports.

Demand for artificial intelligence, high-performance computing, and cloud services continued to drive shipments of electronic and information products.

Additionally, price adjustments contributed to a 43.73% year-on-year increase in dollar-denominated goods exports, with strong performance in triangular trade flows.

For the first half of the year, Taiwan’s GDP grew by 13.72%, the highest rate for the same period in 50 years.