2022 Q1
Summary of current season's economic situation analysis —2022Q1
¢International Economic Outlook
According to EIU, IMF, OECD and other institutions to observe the economic growth forecast for the world's major economies in 2022Q1: U.S. real GDP will grow by 3.5 % , Japan's real GDP will decline by 1.0%, China`s real GDP will grow by 4.8% , the real GDP of the euro area will grow by 5.1%.
2022 Global Economic Growth Forecast Compiled Chart
Unit:%
|
IMF
|
UN
|
IHS Markit
|
OECD
|
EIU
|
WB
|
|
2022.04
|
2022.05
|
2022.05
|
2021.12
|
2022.05
|
2022.01
|
|
(2022.01)
|
(2022.01)
|
(2022.04)
|
(2021.09)
|
(2022.04)
|
(2021.06)
|
|
2022
|
2023
|
2022
|
2023
|
2022
|
2023
|
2022
|
2023
|
2022
|
2023
|
2022
|
2023
|
Global
|
3.6
|
3.6
|
3.1
|
3.1
|
2.9
|
3.1
|
4.5
|
3.2
|
3.0
|
2.9
|
4.1
|
3.2
|
(4.4)
|
(3.8)
|
(4.0)
|
(3.5)
|
(3.2)
|
(3.3)
|
(4.5)
|
(-)
|
(3.3)
|
(3.1)
|
(4.3)
|
(3.1)
|
USA
|
3.7
|
2.3
|
2.6
|
1.8
|
2.4
|
2.4
|
3.7
|
2.4
|
2.5
|
1.9
|
3.7
|
2.6
|
(4.0)
|
(2.6)
|
(3.5)
|
(2.4)
|
(3.0)
|
(2.8)
|
(3.9)
|
(-)
|
(3.0)
|
(1.9)
|
(4.2)
|
(2.3)
|
JAPAN
|
2.4
|
2.3
|
2.7
|
2.2
|
2.3
|
1.8
|
3.4
|
1.1
|
2.8
|
1.4
|
2.9
|
1.2
|
(3.3)
|
(1.8)
|
(3.3)
|
(2.7)
|
(2.4)
|
(1.8)
|
(2.1)
|
(-)
|
(2.8)
|
(1.4)
|
(2.6)
|
(1.0)
|
EURO
|
2.8
|
2.3
|
2.7
|
2.3
|
2.5
|
1.8
|
4.3
|
2.5
|
2.3
|
1.7
|
4.2
|
2.1
|
(3.9)
|
(2.5)
|
(4.0)
|
(2.5)
|
(2.5)
|
(1.8)
|
(4.6)
|
(-)
|
(2.9)
|
(2.3)
|
(4.4)
|
(2.4)
|
CHINA
|
4.4
|
5.1
|
4.5
|
5.2
|
4.3
|
5.3
|
5.1
|
5.1
|
5.0
|
5.1
|
5.1
|
5.3
|
(4.8)
|
(5.2)
|
(5.2)
|
(5.5)
|
(5.1)
|
(5.2)
|
(5.8)
|
(-)
|
(5.2)
|
(5.0)
|
(5.4)
|
(5.3)
|
WORLD
|
5.0
|
4.4
|
4.1
|
4.8
|
-
|
-
|
4.9
|
4.5
|
4.2
|
4.8
|
5.8
|
4.7
|
TRADE
|
(6.0)
|
(4.9)
|
(9.4)
|
(4.0)
|
(-)
|
(-)
|
(-)
|
(-)
|
(4.9)
|
(4.7)
|
(6.3)
|
(4.4)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Note:: ( ) advance estimate。
Source:
1. IMF:World Economic Outlook(April 19th 2022)
2. UN:World Economic Situation and Prospects 2022(May 18th 2022)
3. IHS Markit:Economic Outlook(May 17th 2022)
4. OECD:OECD Economic Outlook(December 1st 2021)
5. EIU:EIU Country Forecast World June 2022(forecast closing date:May 16th 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 2022Q1:real GDP grew by 3.14%. Export orders recorded double-digit growth for 7 consecutive quarters, a year-on-year increase of 16.22%. Export orders rose by more than 20% for 5 consecutive quarters, a year-on-year increase of 23.49%. The industrial production index and manufacturing industry production index climbed to 130.96 and 133.78, respectively. This represents a year-on-year rise of 6.40% and 6.55%.
Indicator
|
Statistical interval
|
Data
|
YoY
|
GDP (%)
|
2022Q1
|
3.14
|
—
|
Export Orders
(US$ billion)
|
2022Q1
|
173.13
|
▲16.22%
|
Custom Exports
(US$ billion)
|
2022Q1
|
120.93
|
▲23.49%
|
Industrial Production Index in Taiwan
|
2022Q1
|
130.96
|
p6.40%
|
¢Taipei Econ Overview
As of the end of March 2022, a total of 236,877 businesses were registered in Taipei City. This number declines by 3,041 compared to the previous year, which represents a year-on-year declines of 1.27%. The capital of enterprises in Taipei City reached 13.74 trillion, an increase of 3.96% over the same period last year. The number of registered factories in Taipei City reached981, an annual declines of 1.27%
The number of he Profit-seeking Enterprise in Taipei City is 242,566, and the amount of the Profit-seeking Enterprise Income are 2.63 trillion, an annual increase of 11.24%. The tertiary industry had a sales volume of 2.12trillion, an annual increase of 10.37%. Approved foreign investments in Taipei City amount to US$ 1,276 million, an annual increase of 118.49%.The number of newly established foreign companies in Taipei City is 40, an decrease of 38.46% over the same period last year
Indicator
|
Statistical interval
|
Data
|
YoY
|
Industry & Business Registration
(Number)
|
March 2022 (bottom value)
|
236,877
|
q1.27%
|
Total Capital of Companies Registered
(NT$ trillion))
|
March 2022 (bottom value)
|
13.74
|
▲3.96%
|
Factory Registration
(Number)
|
March 2022 (bottom value)
|
981
|
q1.27%
|
The Number of the Profit-seeking Enterprise
(Number)
|
March 2022 (bottom value)
|
242,566
|
p1.20%
|
The Amount of the Profit-seeking Enterprise Income
(NT$ trillion)
|
Jan.–Mar.2022
(Cumulative value)
|
2.63
|
p11.24%
|
Sales of Tertiary Industry
(NT$ trillion)
|
Jan.–Mar.2022
(Cumulative value)
|
2.12
|
p10.37%
|
Foreign Direct Investment
(US$ hundred million)
|
Jan.–Mar.2022
(Cumulative value)
|
12.76
|
p118.49%
|
Number of Newly Established Foreign Companies
(Number)
|
Jan.–Mar.
(Cumulative value)
|
40
|
q38.46%
|