The International Monetary Fund (IMF) has raised Taiwan's 2025 GDP growth forecast to 2.9% for 2025 from a previous estimate of 2.7%, citing IMF's April 2025 World Economic Outlook report.
The higher projection is attributable to the strong performance and demand for tech exports. This places Taiwan ahead of regional peers like Japan, South Korea, and Singapore.
The global growth outlook, however, was trimmed to 2.8% for 2025, due to trade tensions driven by U.S. tariffs, the report said.
Taiwan's inflation is expected to stay low at 1.8% in 2025, dropping to 1.6% in 2026, with unemployment steady at 3.4%, the publication added.
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