Primary Taiwanese news agency Central News Agency (CNA) recently reported that, benefiting from the explosive growth of artificial intelligence (AI) business opportunities, and with a high base of 8.76 percent economic growth last year, the Taiwanese Directorate-General of Budget, Accounting and Statistics (DGBAS) significantly revised its economic growth forecast for this year upward to 9.64 percent, a 16-year high. This includes upward revisions to imports and exports, private consumption, and private investment. DGBAS Director-General Chen Shu-Tzu stated that the economic growth momentum is extremely strong.
Taiwan’s current economic boom is driven by exports, which boost investment and consumption. Major global cloud service providers (CSPs) continue to increase capital expenditures, coupled with the mass production of next-generation high-end servers. Demand was stronger than expected. DGBAS estimates that the total value of merchandise exports this year will reach US$894.5 billion, a significant upward revision of more than US$100 billion, setting a new record. The annual growth rate of merchandise exports is 39.77 percent, also the highest level in 50 years.
Source: CNA, May 29, 2026
https://www.cna.com.tw/news/afe/202605290275.aspx