2021q4

2021 Q4

Summary of current season's economic situation analysis —2021Q4

¢International Economic Outlook

According to EIU, IMF, OECD and other institutions to observe the economic growth forecast for the world's major economies in 2022: U.S. real GDP will grow by 6.9 % , Japan's real GDP will grow by 5.4%, China`s real GDP will grow by 4.0% , the real GDP of the euro area will grow by 4.6%.

2022 Global Economic Growth Forecast Compiled Chart

Unit:%

 

IMF

UN

IHS Markit

OECD

EIU

WB

 

2022.01

2022.01

2022.01

2021.12

2022.02

2022.01

 

(2021.10)

(2021.05)

(2021.12)

(2021.09)

(2022.01)

(2021.06)

 

2021

2022

2021

2022

2021

2022

2021

2022

2021

2022

2021

2022

Global

5.9

4.4

5.5

4.0

5.6

4.2

5.6

4.5

5.6

3.9

5.5

4.1

(5.9)

(4.9)

(5.4)

(4.1)

(5.6)

(4.3)

(5.7)

(4.5)

(5.5)

(4.0)

(5.6)

(4.3)

USA

5.6

4.0

5.5

3.5

5.7

4.1

5.6

3.7

5.7

3.4

5.6

3.7

(6.0)

(5.2)

(6.2)

(3.2)

(5.7)

(4.3)

(6.0)

(3.9)

(5.5)

(3.8)

(6.8)

(4.2)

JAPAN

1.6

3.3

2.2

3.3

1.9

3.4

1.8

3.4

1.8

3.0

1.7

2.9

(2.4)

(3.2)

(3.3)

(2.2)

(1.9)

(3.6)

(2.5)

(2.1)

(2.0)

(3.2)

(2.9)

(2.6)

EURO

5.2

3.9

4.7

4.0

5.2

3.7

5.2

4.3

5.3

4.0

5.2

4.2

(5.0)

(4.3)

(4.2)

(3.9)

(5.2)

(3.7)

(5.3)

(4.6)

(5.1)

(3.9)

(4.2)

(4.4)

CHINA

8.1

4.8

7.8

5.2

8.1

5.4

8.1

5.1

7.9

5.2

8.0

5.1

(8.0)

(5.6)

(8.2)

(5.8)

(8.1)

(5.5)

(8.5)

(5.8)

(7.9)

(5.3)

(8.5)

(5.4)

WORLD

9.3

6.0

11.0

5.7

-

-

9.3

4.9

9.9

5.5

9.5

5.8

TRADE

(9.7)

(6.7)

(9.4)

(5.7)

( )

( )

( )

( )

(9.9)

(5.5)

(8.3)

(6.3)

                                   

Note:: ( ) advance estimate。

Source:

1. IMF:World Economic Outlook(January 25th 2022)

2. UN:World Economic Situation and Prospects 2022(January 13th 2022)

3. IHS Markit:Economic Outlook(January 18th 2022)

4. OECD:OECD Economic Outlook(December 1st 2021)

5. EIU:EIU Country Forecast World March 2022(forecast closing date:February 14th 2022)

6. WB:Global Economic Prospects(January 2022)

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

¢ Taiwan Economic Overview

Key domestic economic indicators for 2021:For the whole 2021, real GDP grew by 6.45%.The export order volume reached a new high of US$ 674.13 billion, a year-on-year increase of 26.32%.The export trade value reached a new high of US$ 446.448 billion, a year-on-year increase of 29.36%. The industrial production index and manufacturing industry production index climbed to 131.48 and 133.62, respectively. This represents a year-on-year rise of 13.22% and 14.06%.

Indicator

Statistical interval

Data

YoY

GDP (%)

2021

(whole year)

6.45

Export Orders

(US$ billion)

2021

(whole year)

674.13

▲26.32%

Custom Exports

(US$ hundred Million)

2021

(whole year)

4,464.48

▲29.36%

Industrial Production Index in Taiwan

2021

(whole year)

131.48

▲13.22%

¢Taipei Econ Overview

As of the end of December 2021, a total of 237,401 businesses were registered in Taipei City. This number declines by 2,033 compared to the previous year, which represents a year-on-year declines of 0.85%. The capital of enterprises in Taipei City reached 13.67 trillion, an increase of 4.13% over the same period last year. The number of registered factories in Taipei City reached 1,006, an annual increase of 2.52%

The number of he Profit-seeking Enterprise in Taipei City is 242,274, and the amount of the Profit-seeking Enterprise Income are 15.49 trillion, an annual increase of 12.53%. The tertiary industry had a sales volume of 12.51 trillion, an annual increase of 11.81%. Approved foreign investments in Taipei City amount to US$ 5,092 million, an annual decrease of 3.74%.The number of newly established foreign companies in Taipei City is 243, an decrease of 9.33% over the same period last year

Indicator

Statistical interval

Data

YoY

Industry & Business Registration

(Number)

December (bottom value)

237,401

q0.85%

Total Capital of Companies Registered

(NT$ trillion))

December (bottom value)

13.67

▲4.13%

Factory Registration

(Number)

December (bottom value)

1,006

q2.52%

The Number of the Profit-seeking Enterprise

(Number)

December (bottom value)

242,274

p1.34%

The Amount of the Profit-seeking Enterprise Income

(NT$ trillion)

2021

(whole year)

15.49

p12.53%

Sales of Tertiary Industry

(NT$ trillion)

2021

(whole year)

12.51

p11.81%

Foreign Direct Investment

(US$ hundred million)

2021

(whole year)

50.92

q3.74%

Number of Newly Established Foreign Companies

(Number)

2021

(whole year)

243

q9.33%