2024 Q1
Summary of current season's economic situation analysis —2024Q1
¢International Economic Outlook
According to EIU, IMF, OECD and other institutions to observe the economic growth forecast for the world's major economies in 2024: U.S. real GDP will grow by 2.7%, Japan's real GDP will grow by 1.3%, China's real GDP will grow by 4.7%, the real GDP of the euro area will grow by 1.1%.
2024 Global Economic Growth Forecast Compiled Chart
Unit:%
|
IMF
|
UN
|
S&P Global
|
OECD
|
EIU
|
WB
|
|
2024.04
|
2024.01
|
2024.04
|
2024.02
|
2024.04
|
2024.04
|
|
(2024.01)
|
(2023.10)
|
(2024.03)
|
(2023.11)
|
(2024.03)
|
(2024.01)
|
|
2024
|
2025
|
2024
|
2025
|
2024
|
2025
|
2024
|
2025
|
2024
|
2025
|
2024
|
2025
|
Global
|
3.2
|
3.2
|
2.4
|
2.7
|
2.6
|
2.7
|
2.9
|
3.0
|
2.4
|
2.6
|
3.2
|
3.2
|
全球
|
(3.1)
|
(3.2)
|
(2.5)
|
(-)
|
(2.6)
|
(2.6)
|
(2.7)
|
(3.0)
|
(2.4)
|
(2.6)
|
(3.1)
|
(3.2)
|
USA
|
2.7
|
1.9
|
1.4
|
1.7
|
2.5
|
1.7
|
2.1
|
1.7
|
2
|
1.6
|
2.7
|
1.9
|
美國
|
(2.1)
|
(1.7)
|
(1.9)
|
(-)
|
(2.5)
|
(1.4)
|
(1.5)
|
(1.7)
|
(1.8)
|
(1.6)
|
(2.1)
|
(1.7)
|
JAPAN
|
0.9
|
1.0
|
1.2
|
1.1
|
0.8
|
1.2
|
1.0
|
1.0
|
1.3
|
1.2
|
0.9
|
1.0
|
日本
|
(0.9)
|
(0.8)
|
(0.9)
|
(-)
|
(0.7)
|
(1.1)
|
(1.0)
|
(1.2)
|
(1.3)
|
(1.2)
|
(0.9)
|
(0.8)
|
EURO
|
0.8
|
1.5
|
1.1
|
1.5
|
0.6
|
1.4
|
0.6
|
1.3
|
0.8
|
1.5
|
0.8
|
1.5
|
歐元區
|
(0.9)
|
(1.7)
|
(1.2)
|
(-)
|
(0.5)
|
(1.5)
|
(0.9)
|
(1.5)
|
(0.8)
|
(1.5)
|
(0.9)
|
(1.7)
|
CHINA
|
4.6
|
4.1
|
4.7
|
4.5
|
4.7
|
4.5
|
4.7
|
4.2
|
4.7
|
4.5
|
4.6
|
4.1
|
中國大陸
|
(4.6)
|
(4.1)
|
(4.8)
|
(-)
|
(4.7)
|
(4.5)
|
(4.7)
|
(4.2)
|
(4.7)
|
(4.7)
|
(4.6)
|
(4.1)
|
WORLD
|
3.0
|
3.3
|
2.4
|
3.2
|
-
|
-
|
-
|
-
|
2.5
|
3.5
|
3.0
|
3.3
|
TRADE
|
(3.3)
|
(3.6)
|
(-)
|
(-)
|
(-)
|
(-)
|
(2.7)
|
(3.3)
|
(2.4)
|
(3.3)
|
(3.3)
|
(3.6)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Note:: ( ) advance estimate。
Source:
- IMF:World Economic Outlook(April 16th 2024)
- UN:World Economic Situation and Prospects 2024(January 04th 2024)
- S&P Global(April 15th 2024)
- OECD:OECD Economic Outlook(February 2024)
- EIU:One-click Report:World(forecast closing date:March 12th 2024)
- WB:Global Economic Prospects(January 2024)
7. Organized by the Department of Industrial Development of the Taiwan Institute of Economic Research.
|
¢ Taiwan Economic Overview
Key Domestic Economic Indicators in 2024Q1: The real GDP grew by 6.56%. The value of export orders reached US$133.32 billion, marking a year-on-year decrease of 2.13%. Total exports were valued at US$110.33 billion, reflecting a year-on-year increase of 12.91%. The industrial production index and the manufacturing industry production index increased to 87.54 and 87.21, respectively, indicating a year-on-year increase of 6.01% and 6.16%.
Indicator
|
Statistical interval
|
Data
|
YoY
|
GDP (%)
|
2024Q1
|
6.56
|
—
|
Export Orders
(US$ billion)
|
2024Q1
|
133.32
|
q2.13%
|
Custom Exports
(US$ billion)
|
2024Q1
|
110.33
|
p12.91%
|
Industrial Production Index in Taiwan
|
2024Q1
|
87.54
|
p6.01%
|
¢Taipei Econ Overview
As of the end of March 2024, a total of 240,233 businesses were registered in Taipei City. This represents an increase of 4,335 businesses from the previous year, marking a year-on-year growth of 1.84%. The registered capital of enterprises in Taipei City reached 14.82 trillion, up by 4.50% over the same period last year. The number of registered factories in Taipei City stood at 919, showing an annual decrease of 5.06%.
The number of profit-seeking enterprises in Taipei City amounted to 248,827, with total income from these enterprises reaching 2.84 trillion, an annual increase of 11.44%. The tertiary sector reported sales of 2.30 trillion, achieving an annual growth of 11.83%. Approved foreign investments in Taipei City totaled US$7.98 billion, an annual decrease of 61.28%. The number of newly established foreign companies in Taipei City was 46, an annual increase of 2.22%.
Indicator
|
Statistical interval
|
Data
|
YoY
|
Industry & Business Registration
(Number)
|
March 2024 (bottom value)
|
240,233
|
p1.84%
|
Total Capital of Companies Registered
(NT$ trillion))
|
March 2024 (bottom value)
|
14.82
|
▲4.50%
|
Factory Registration
(Number)
|
March 2024 (bottom value)
|
919
|
q5.06%
|
The Number of the Profit-seeking Enterprise
(Number)
|
March 2024 (bottom value)
|
248,827
|
▲1.69%
|
The Amount of the Profit-seeking Enterprise Income
(NT$ trillion)
|
Jan.-Mar. 2024
(Cumulative value)
|
2.84
|
▲11.44%
|
Sales of Tertiary Industry
(NT$ trillion)
|
Jan.-Mar. 2024
(Cumulative value)
|
2.30
|
▲11.83%
|
Foreign Direct Investment
(US$ hundred million)
|
Jan.-Mar. 2024
(Cumulative value)
|
7.98
|
q61.28%
|
Number of Newly Established Foreign Companies
(Number)
|
Jan.-Mar. 2024
(Cumulative value)
|
46
|
▲2.22%
|