2023 Q2
Summary of current season's economic situation analysis —2023Q2
¢International Economic Outlook
According to EIU, IMF, OECD and other institutions to observe the economic growth forecast for the world's major economies in 2023: U.S. real GDP will grow by 1.8 %, Japan's real GDP will grow by 1.4%, China`s real GDP will grow by 5.6%, the real GDP of the euro area will grow by 0.9%.
2023 Global Economic Growth Forecast Compiled Chart
Unit:%
|
IMF
|
UN
|
S&P Global
|
OECD
|
EIU
|
WB
|
|
2023.07
|
2023.05
|
2023.08
|
2023.06
|
2023.08
|
2023.06
|
|
(2023.04)
|
(2023.01)
|
(2023.07)
|
(2023.03)
|
(2023.07)
|
(2023.01)
|
|
2023
|
2024
|
2023
|
2024
|
2023
|
2024
|
2023
|
2024
|
2023
|
2024
|
2023
|
2024
|
Global
|
3.0
|
3.0
|
2.3
|
2.5
|
2.5
|
2.4
|
2.7
|
2.9
|
2.3
|
2.4
|
2.1
|
2.4
|
(2.8)
|
(3.0)
|
(1.9)
|
(2.7)
|
(2.4)
|
(2.4)
|
(2.6)
|
(2.9)
|
(2.2)
|
(2.4)
|
(1.7)
|
(2.7)
|
USA
|
1.8
|
1.0
|
1.1
|
1.0
|
2.2
|
1.4
|
1.6
|
1.0
|
1.8
|
0.9
|
1.1
|
0.8
|
(1.6)
|
(1.1)
|
(0.4)
|
(1.7)
|
(1.8)
|
(1.2)
|
(1.5)
|
(0.9)
|
(1.3)
|
(0.8)
|
(0.5)
|
(1.6)
|
JAPAN
|
1.4
|
1.0
|
1.2
|
1.0
|
1.3
|
0.9
|
1.3
|
1.1
|
1.3
|
1.1
|
0.8
|
0.7
|
(1.3)
|
(1.0)
|
(1.5)
|
(1.3)
|
(1.3)
|
(1.0)
|
(1.4)
|
(1.1)
|
(1.3)
|
(1.1)
|
(1.0)
|
(0.7)
|
EURO
|
0.9
|
1.5
|
0.9
|
1.4
|
0.7
|
0.7
|
0.9
|
1.5
|
0.9
|
1.3
|
0.4
|
1.3
|
(0.8)
|
(1.4)
|
(0.1)
|
(1.6)
|
(0.7)
|
(0.8)
|
(0.8)
|
(1.5)
|
(0.8)
|
(1.4)
|
(0.0)
|
(1.6)
|
CHINA
|
5.2
|
4.5
|
5.3
|
4.5
|
5.2
|
4.8
|
5.4
|
5.1
|
5.2
|
5.1
|
5.6
|
4.6
|
(5.2)
|
(4.5)
|
(4.8)
|
(4.5)
|
(5.2)
|
(4.8)
|
(5.3)
|
(4.9)
|
(5.5)
|
(5.0)
|
(4.3)
|
(5.0)
|
WORLD
|
2.0
|
3.7
|
2.3
|
3.6
|
-
|
-
|
1.6
|
3.8
|
1.6
|
3.2
|
1.7
|
2.8
|
TRADE
|
(2.4)
|
(3.5)
|
(-0.4)
|
(2.5)
|
(-)
|
(-)
|
(-)
|
(-)
|
(1.9)
|
(3.1)
|
(1.6)
|
(3.4)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Note:: ( ) advance estimate。
Source:
1. IMF:World Economic Outlook(July 25th 2023)
2. UN:World Economic Situation and Prospects 2023(May 16th 2023)
3. S&P Global(August 15th 2023)
4. OECD:OECD Economic Outlook(June 7th 2023)
5. EIU:One-click Report:World(forecast closing date:August 14th 2023)
6. WB:Global Economic Prospects(June 2023)
7. Organized by the Department of Industrial Development of the Taiwan Institute of Economic Research.
|
¢ Taiwan Economic Overview
Key domestic economic indicators in 2023Q2:The real GDP increase by 1.36%.The value of export orders is US$132.35 billion, a year-on-year decrease of 20.35%.The total export value is 104.39 billion US dollars, a year-on-year decrease of 16.95%.The industrial production index and manufacturing industry production index climbed to 81.86 and 81.13, respectively. This represents a year-on-year decrease of 18.29% and 18.91%.
Indicator
|
Statistical interval
|
Data
|
YoY
|
GDP (%)
|
2023Q2
|
1.36
|
—
|
Export Orders
(US$ billion)
|
2023Q2
|
132.35
|
q20.35%
|
Custom Exports
(US$ billion)
|
2023Q2
|
104.39
|
q16.95%
|
Industrial Production Index in Taiwan
|
2023Q2
|
81.86
|
q18.29%
|
¢Taipei Econ Overview
As of the end of June 2023, a total of 237,320 businesses were registered in Taipei City. This number increases by 1,276 compared to the previous year, which represents a year-on-year increases of 0.54%. The capital of enterprises in Taipei City reached 14.46 trillion, an increase of 4.62% over the same period last year. The number of registered factories in Taipei City reached 958, an annual declines of 2.44%.
The number of he Profit-seeking Enterprise in Taipei City is 246,436 and the amount of the Profit-seeking Enterprise Income are 5.18 trillion, an annual decrease of 0.45%. The tertiary industry had a sales volume of 4.18 trillion, an annual decrease of 0.36%. Approved foreign investments in Taipei City amount to US$ 3.29 billion, an annual decrease of 7.13%. The number of newly established foreign companies in Taipei City is 62, an increase of 8.77% over the same period last year.
Indicator
|
Statistical interval
|
Data
|
YoY
|
Industry & Business Registration
(Number)
|
June 2023 (bottom value)
|
237,320
|
p0.54%
|
Total Capital of Companies Registered
(NT$ trillion))
|
June 2023 (bottom value)
|
14.46
|
▲4.62%
|
Factory Registration
(Number)
|
June 2023 (bottom value)
|
958
|
q2.44%
|
The Number of the Profit-seeking Enterprise
(Number)
|
June 2023 (bottom value)
|
246,436
|
p1.23%
|
The Amount of the Profit-seeking Enterprise Income
(NT$ trillion)
|
Apr.-Jun. 2023
(Cumulative value)
|
5.18
|
q0.45%
|
Sales of Tertiary Industry
(NT$ trillion)
|
Apr.-Jun. 2023
(Cumulative value)
|
4.18
|
q0.36%
|
Foreign Direct Investment
(US$ hundred million)
|
Apr.-Jun. 2023
(Cumulative value)
|
32.90
|
p7.13%
|
Number of Newly Established Foreign Companies
(Number)
|
Apr.-Jun. 2023
(Cumulative value)
|
62
|
p8.77%
|