2022q2

2022 Q2

Summary of current season's economic situation analysis —2022Q2

¢International Economic Outlook

According to EIU, IMF, OECD and other institutions to observe the economic growth forecast for the world's major economies in 2022Q2: U.S. real GDP will grow by1.6%, Japan's real GDP will decline by 2.2%, China`s real GDP will grow by 0.4%, the real GDP of the euro area will grow by 4.0%.

2022 Global Economic Growth Forecast Compiled Chart

Unit%

 

IMF

UN

IHS Markit

OECD

EIU

WB

 

2022.07

2022.05

2022.08

2022.06

2022.08

2022.06

 

(2022.04)

(2022.01)

(2022.07)

(2021.12)

(2022.07)

(2022.01)

 

2022

2023

2022

2023

2022

2023

2022

2023

2022

2023

2022

2023

Global

3.2 

2.9 

3.1 

3.1 

2.7 

2.3 

3.0 

2.8 

2.8 

2.1 

2.9 

3.0 

(3.6)

(3.6)

(4.0)

(3.5)

(2.7)

(2.6)

(4.5)

(3.2)

(2.8)

(2.5)

(4.1)

(3.2)

USA

2.3 

1.0 

2.6 

1.8 

1.5 

1.0 

2.5 

1.2 

1.7 

1.2 

2.5 

2.4 

(3.7)

(2.3)

(3.5)

(2.4)

(1.4)

(1.3)

(3.7)

(2.4)

(2.3)

(1.3)

(3.7)

(2.6)

JAPAN

1.7 

1.7 

2.7 

2.2 

1.5 

1.6 

1.7 

1.8 

2.0 

1.0 

1.7 

1.3 

(2.4)

(2.3)

(3.3)

(2.7)

(1.7)

(1.7)

(3.4)

(1.1)

(2.1)

(1.1)

(2.9)

(1.2)

EURO

2.6 

1.2

2.7 

2.3 

2.9 

0.8 

2.6 

1.6 

2.8 

0.0 

2.5 

1.9 

(2.8)

(2.3)

(4.0)

(2.5)

(2.5)

(1.2)

(4.3)

(2.5)

(2.6)

(1.6)

(4.2)

(2.1)

CHINA

3.3 

4.6 

4.5 

5.2 

3.8 

4.9 

4.4 

4.9 

4.0 

5.3 

4.3 

5.2 

(4.4)

(5.1)

(5.2)

(5.5)

(4.0)

(5.2)

(5.1)

(5.1)

(4.0)

(5.5)

(5.1)

(5.3)

WORLD

4.1 

3.2 

4.1 

4.8 

 -

-

4.9 

3.9 

3.9 

3.3 

4.0 

4.3 

TRADE

(5.0)

(4.4)

(5.7)

(4.0)

()

()

(4.9)

(4.5)

(4.0)

(3.5)

(5.8)

(4.7)

                                   

 

 

 

Note: ( ) advance estimate

Source

  1. IMFWorld Economic OutlookJuly 26th 2022
  2. UNWorld Economic Situation and Prospects 2022May 18th 2022
  3. IHS MarkitEconomic OutlookAugust 15th 2022
  4. OECDOECD Economic OutlookJune 8th 2022
  5. EIUEIU Country Forecast World September 2022forecast closing dateAugust 15th 2022
  6. WBGlobal Economic ProspectsJune 2022
  7. Organized by the Department of Industrial Development of the Taiwan Institute 

of Economic Research.

 

 

 

¢ Taiwan Economic Overview

Key domestic economic indicators for 2022Q2: real GDP grew by 3.05%. Inflation expectations affect the global consumer market, and the growth of export orders slows down, a year-on-year increase of 3.24%. Affected by rising raw material prices, the total value of exports hit a record high, a year-on-year increase of 23.49%. The industrial production index and manufacturing industry production index climbed to 134.15 and 136.26, respectively. This represents a year-on-year rise of 3.68% and 3.86%.

Indicator

Statistical interval

Data

YoY

GDP (%)

2022Q2

3.05

Export Orders 

(US$ billion)

2022Q2

166.17

▲3.24%

Custom Exports

 (US$ billion)

2022Q2

125.74

▲15.41%

Industrial Production Index in Taiwan

2022Q2

136.26

p3.86%

 

¢Taipei Econ Overview

As of the end of June 2022, a total of 236,044 businesses were registered in Taipei City. This number declines by 4,182 compared to the previous year, which represents a year-on-year declines of 1.74%. The capital of enterprises in Taipei City reached 13.81 trillion, an increase of 4.05% over the same period last year. The number of registered factories in Taipei City reached 982, an annual declines of 3.44%.

The number of he Profit-seeking Enterprise in Taipei City is 243,443 and the amount of the Profit-seeking Enterprise Income are 5.20 trillion, an annual increase of 13.15%. The tertiary industry had a sales volume of 4.19 trillion, an annual increase of 13.77%. Approved foreign investments in Taipei City amount to US$ 3,071 million, an annual increase of 372.46 %.The number of newly established foreign companies in Taipei City is 57, an increase of 5.56% over the same period last year.

 

 

 

 

 

 

 

 

 

 

Indicator

Statistical interval

Data

YoY

Industry & Business Registration

(Number)

June 2022 (bottom value)

236,044

q1.74%

Total Capital of Companies Registered 

(NT$ trillion))

June 2022 (bottom value)

13.81

4.05%

Factory Registration

 (Number)

June 2022 (bottom value)

982

q3.44% 

The Number of the Profit-seeking Enterprise

(Number)

June 2022 (bottom value)

243,443

p1.13% 

The Amount of the Profit-seeking Enterprise Income  

(NT$ trillion)

 Apr.Jun.2022
 (Cumulative value)

5.20

p13.15%

Sales of Tertiary Industry

(NT$ trillion)

Apr.Jun.2022
 (Cumulative value)

4.19

p13.77%

Foreign Direct Investment 

(US$ hundred million)

Apr.Jun.2022
 (Cumulative value)

30.71

p372.46%

Number of Newly Established Foreign Companies

 (Number)

Apr.Jun.2022
 (Cumulative value)

57

p5.56%