2022q1

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. IMFWorld Economic OutlookApril 19th 2022

   2. UNWorld Economic Situation and Prospects 2022May 18th 2022

   3. IHS MarkitEconomic OutlookMay 17th 2022

   4. OECDOECD Economic OutlookDecember 1st 2021

   5. EIUEIU Country Forecast World June 2022forecast closing dateMay 16th 2022

   6. WBGlobal Economic ProspectsJanuary 2022

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

of Economic Research.

 

¢ Taiwan Economic Overview

Key domestic economic indicators for 2022Q1real 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%