2022 Q3
Summary of current season’s economic situation analysis —2022Q3
International Economic Outlook
According to EIU, IMF, OECD and other institutions to observe the economic growth forecast for the world`s major economies in 2022Q3: U.S. real GDP will grow by1.8%, Japan`s real GDP will decline by 1.2%, China`s real GDP will grow by3.9%, the real GDP of the euro area will grow by 2.1%.
2022 Global Economic Growth Forecast Compiled Chart
Unit：％
| IMF | UN | IHS Markit | OECD | EIU | WB | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022.10 | 2022.05 | 2022.11 | 2022.09 | 2022.11 | 2022.06 | |||||||
| (2022.07) | (2022.01) | (2022.10) | (2022.06) | (2022.10) | (2022.01) | |||||||
| 2022 | 2023 | 2022 | 2023 | 2022 | 2023 | 2022 | 2023 | 2022 | 2023 | 2022 | 2023 | |
| Global | 3.2 | 2.7 | 3.1 | 3.1 | 2.9 | 1.5 | 3.0 | 2.2 | 2.9 | 1.5 | 2.9 | 3.0 |
| (3.2) | (2.9) | (4.0) | (3.5) | (2.8) | (1.4) | (3.0) | (2.8) | (2.8) | (1.6) | (4.1) | (3.2) | |
| USA | 1.6 | 1.0 | 2.6 | 1.8 | 1.8 | -0.2 | 1.5 | 0.5 | 1.7 | 0.1 | 2.5 | 2.4 |
| (2.3) | (1.0) | (3.5) | (2.4) | (1.7) | (-0.5) | (2.5) | (1.2) | (1.5) | (0.2) | (3.7) | (2.6) | |
| JAPAN | 1.7 | 1.6 | 2.7 | 2.2 | 1.6 | 1.2 | 1.6 | 1.4 | 1.8 | 0.9 | 1.7 | 1.3 |
| (1.7) | (1.7) | (3.3) | (2.7) | (1.6) | (1.2) | (1.7) | (1.8) | (1.8) | (0.9) | (2.9) | (1.2) | |
| EURO | 3.1 | 0.5 | 2.7 | 2.3 | 3.2 | -0.5 | 3.1 | 0.3 | 3.0 | -0.3 | 2.5 | 1.9 |
| (2.6) | (1.2) | (4.0) | (2.5) | (3.1) | (-0.6) | (2.6) | (1.6) | (3.0) | (-0.4) | (4.2) | (2.1) | |
| CHINA | 3.2 | 4.4 | 4.5 | 5.2 | 3.0 | 4.4 | 3.2 | 4.7 | 3.3 | 4.7 | 4.3 | 5.2 |
| (3.3) | (4.6) | (5.2) | (5.5) | (3.0) | (4.4) | (4.4) | (4.9) | (3.3) | (4.7) | (5.1) | (5.3) | |
| WORLD | 4.3 | 2.5 | 4.1 | 4.8 | – | – | – | – | 3.3 | 1.6 | 4.0 | 4.3 |
| TRADE | (4.1) | (3.2) | (5.7) | (4.0) | (－) | (－) | (4.9) | (3.9) | (3.8) | (1.8) | (5.8) | (4.7) |
Note:： ( ) advance estimate。
Source：
- IMF：World Economic Outlook（October 11th 2022）
- UN：World Economic Situation and Prospects 2022（May 18th 2022）
- IHS Markit：Economic Outlook（November 15th 2022）
- OECD：OECD Economic Outlook（September 26th 2022）
- EIU：One-click Report：World（forecast closing date：November 14th 2022）
- WB：Global Economic Prospects（June 2022）
- Organized by the Department of Industrial Development of the Taiwan Institute of Economic Research.
Taiwan Economic Overview
The real GDP grew by 4.01% on a year-on-year basis in 2022Q3. The value of export orders in 2022Q3 was US$169.779 billion, a decrease of 1.12% from the same period last year. The total export value in 2022Q3 was US$121.106 billion, an increase of 3.40% over the same period last year. The industrial production index in 2022Q3 is 136.56, an annual decrease of 0.01%.
| Indicator | Statistical interval | Data | YoY |
|---|---|---|---|
| GDP (%) | 2022Q3 | 4.01 | — |
| Export Orders (US$ billion) | 2022Q3 | 169.78 | q1.12% |
| Custom Exports (US$ billion) | 2022Q3 | 121.11 | ▲3.40% |
| Industrial Production Index in Taiwan | 2022Q3 | 136.56 | q0.01% |
Taipei Econ Overview
As of the end of September 2022, a total of 235,122 businesses were registered in Taipei City. This number declines by 3,502 compared to the previous year, which represents a year-on-year declines of 1.47%. The capital of enterprises in Taipei City reached 14.00 trillion, an increase of 3.88% over the same period last year. The number of registered factories in Taipei City reached 980, an annual declines of 2.49%.
The number of he Profit-seeking Enterprise in Taipei City is 243,902 and the amount of the Profit-seeking Enterprise Income are 2.86 trillion, an annual increase of 10.28%. The tertiary industry had a sales volume of 2.29 trillion, an annual increase of 10.97%. Approved foreign investments in Taipei City amount to US$ 1,870 million, an annual increase of 23.43%.The number of newly established foreign businesses in Taipei City is 61, which remained constant compared with the same period last year.
| Indicator | Statistical interval | Data | YoY |
|---|---|---|---|
| Industry & Business Registration (Number) | Sep 2022 (bottom value) | 235,122 | q1.47% |
| Total Capital of Companies Registered (NT$ trillion)) | Sep 2022 (bottom value) | 14.00 | ▲3.88% |
| Factory Registration (Number) | Sep 2022 (bottom value) | 980 | q2.49% |
| The Number of the Profit-seeking Enterprise (Number) | Sep 2022 (bottom value) | 243,902 | p1.23% |
| The Amount of the Profit-seeking Enterprise Income (NT$ trillion) | Jul.–Sep.2022 (Cumulative value) | 2.86 | p10.28% |
| Sales of Tertiary Industry (NT$ trillion) | Jul.–Sep.2022 (Cumulative value) | 2.29 | p10.97% |
| Foreign Direct Investment (US$ hundred million) | Jul.–Sep.2022 (Cumulative value) | 18.70 | p23.43% |
| Number of Newly Established Foreign Companies (Number) | Jul.–Sep.2022 (Cumulative value) | 61 | — |