Tuesday, October 13, 2026

Taiwan’s GDP [growth] to reach 10.7%, IMF says

If they keep this up they'll be able to buy that big land mass to their west.

From the Taipei Times, October 14: 

BIG SURGE: Taiwan, the only economy projected to post double-digit percentage growth this year, and South Korea account for 62% of net trade in AI-related computing hardware  

The IMF has sharply raised its forecast for Taiwan’s GDP growth to 10.7 percent this year, the highest projected rate in the Asia-Pacific region, amid the ongoing artificial intelligence (AI) boom.

In its latest World Economic Outlook report released yesterday at its annual meetings in Bangkok, the IMF raised its forecast for Taiwan’s growth from the 5.2 percent it projected in April, making Taiwan the only economy in the world projected to post double-digit percentage growth this year.

Taiwan’s projected growth far outpaces that of neighbors in the Asia-Pacific region, including Japan at 0.7 percent, South Korea at 3.3 percent, Singapore at 5 percent and Hong Kong at 3.8 percent, the report says....

....MUCH MORE