2023q2

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. IMFWorld Economic OutlookJuly 25th 2023

2. UNWorld Economic Situation and Prospects 2023May 16th 2023

3. S&P GlobalAugust 15th 2023

4. OECDOECD Economic OutlookJune 7th 2023

5. EIUOne-click ReportWorldforecast closing dateAugust 14th 2023

 6. WBGlobal Economic ProspectsJune 2023  

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

 

¢ Taiwan Economic Overview

Key domestic economic indicators in 2023Q2The 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