2021q3

2021 Q3

Summary of current season's economic situation analysis —2021Q3

¢International Economic Outlook

According to EIU, IMF, OECD and other institutions to observe the performance of economic data in the third quarter of 2021: the annual GDP growth rate of the United States was 2.0 % , Japan's annual GDP growth rate declines by 3.6%, the annual GDP growth rate of the China was 4.9% ,the annual GDP growth rate of the Eurozone was 3.7%.

 

2021 Global Economic Growth Forecast Compiled Chart

Unit%

 

IMF

UN

IHS Markit

OECD

EIU

WB

 

2021.10

2021.05

2021.11

2021.12

2021.11

2021.06

 

(2021.07)

(2020.01)

(2021.10)

(2021.09)

(2021.10)

(2021.01)

 

2021

2022

2021

2022

2021

2022

2021

2022

2021

2022

2021

2022

Global

5.9 

4.9 

5.4 

4.1 

5.5 

4.2 

5.6 

4.5 

5.4 

4.0 

5.6 

4.3 

(6.0)

(4.9)

(4.7)

(3.4)

(5.5)

(4.3)

(5.7)

(4.5)

(5.4)

(4.1)

(4.0)

(3.8)

USA

6.0 

5.2 

6.2 

3.2 

5.5 

4.3 

5.6 

3.7 

5.5 

3.8 

6.8 

4.2 

(7.0)

(4.9)

(3.4)

(2.7)

(5.4)

(4.3)

(6.0)

(3.9)

(5.7)

(3.8)

(3.5)

(3.3)

JAPAN

2.4 

3.2 

3.3 

2.2 

2.2 

2.7 

1.8 

3.4 

2.3 

3.2 

2.9 

2.6 

(2.8)

(3.0)

(3.0)

(1.8)

(2.3)

(2.6)

(2.5)

(2.1)

(2.3)

(3.0)

(2.5)

(2.3)

EURO

5.0 

4.3

4.2 

3.9 

5.1 

3.7 

5.2 

4.3 

4.9 

4.3 

4.2 

4.4 

(4.6)

(4.3)

(5.0)

(2.6)

(5.0)

(4.0)

(5.3)

(4.6)

(4.8)

(4.3)

(3.6)

(4.0)

CHINA

8.0 

5.6 

8.2 

5.8 

8.1 

5.5 

8.1 

5.1 

7.9 

5.3 

8.5 

5.4 

(8.1)

(5.7)

(7.2)

(5.8)

(8.2)

(5.7)

(8.5)

(5.8)

(7.9)

(5.3)

(7.9)

(5.2)

WORLD

9.7 

6.7 

9.4 

5.7 

 -

-

9.3 

4.9 

9.0 

5.9 

8.3 

6.3 

TRADE

(9.7)

(7.0)

(6.9)

(3.7)

()

()

()

()

(9.0)

(5.8)

(5.0)

(5.1)

                                   

 

Note: ( ) advance estimate

Source

1. IMFWorld Economic OutlookOctober 12th 2021

2. UNWorld Economic Situation and Prospects of mid-2021May 11th 2021

3. IHS MarkitEconomic OutlookNovember 15th 2021

4. OECDOECD Economic OutlookDecember 1st 2021

5. EIUEIU Country Forecast World December 2021forecast closing dateNovember 15th 2021

6. WBGlobal Economic ProspectsJune 2021

7. Organized by the Department of Industrial Development of the Taiwan Institute of Economic Research.

 

¢ Taiwan Economic Overview

Key domestic economic indicators for the third quarter of 2021The real economic growth rate (GDP) is 3.70%.The export order volume reached a new high of US$ 171.71 billion, a year-on-year increase of 21.71%.The export trade value reached a new high of US$ 117.153 billion, a year-on-year increase of 30.13%. The industrial production index and manufacturing industry production index climbed to 136.44 and 137.96, respectively. This represents a year-on-year rise of 13.33% and 14.17%.

Indicator

Statistical interval

Data

YoY

GDP (%)

2021Q3

3.70

Export Orders 

(US$ billion)

2021Q3

171.71

▲21.71%

Custom Exports

 (US$ hundred Million)

2021Q3

1,171.53

▲30.13%

Industrial Production Index in Taiwan

2021Q3

136.44

▲13.33%

 

¢Taipei Econ Overview

As of the end of September 2021, a total of 238,624 businesses were registered in Taipei City. This number declines by 444 compared to the previous year, which represents a year-on-year declines of 0.19%. Firms registered in Taipei account for 14.47% of all businesses in Taiwan. The total registered capital of the Taipei City companies reaches13.4731 trillion, constituting 51.53%of the aggregate capital of all firms in Taiwan. 1,005 factories are currently registered in Taipei City, which is 32 less than last year.

The total actual number of companies and firms in Taipei City totals 240,946 had a sales volume of 9.5525 trillion in the third quarter of 2021, representing an increase of 11.43% compared to the previous year and accounts for 29.43% of the total sales volume of all Taiwanese businesses. The tertiary industry had a sales volume of 7.6686 trillion, making up 43.65% of the total sales of all tertiary businesses in Taiwan. Approved foreign investments in Taipei City amount to US$ 1520 million, a decrease by 15.51% over 2020Q3. This amount accounts for 73.15% of all foreign investments in Taiwan. 61 newly established foreign companies were registered in Taipei City, which is 7 less than in 2020Q3.

 

Indicator

Statistical interval

Data

YoY

Percentage of total for the whole country

Industry & Business Registration

(Number)

September (bottom value)

238,624

q0.19%

14.47%

Total Capital of Companies Registered 

(NT$ hundred million))

September (bottom value)

134,731

3.87%

51.53%

Factory Registration

 (Number)

September (bottom value)

1,005

q32 

1.01%

Number of Companies and Firms

(Number)

September (bottom value)

240,946

p3,874 

15.63%

Sales of Companies and Firms

 (NT$ hundred million)

 Jan.–Sep. (Cumulative value)

95,525

p11.43%

29.43%

Sales of Tertiary Industry

(NT$ hundred million)

Jan.–Sep. (Cumulative value)

76,686

p9.26%

43.65%

Foreign Direct Investment 

(US$ million)

2021Q3

1520

q15.51%

73.15%

Number of Newly Established Foreign Companies

 (Number)

2021Q3

61

q7

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