2022-04-29
Summary of current season's economic situation analysis —2021Q4
Comprehensive analysis of the International Economic Outlook, Taiwan Economic Overview, and Taipei Econ Overview in the 2021Q4.
作者簡介:Editing by Huang Nuan-Yun
Editor of Taipeiecon
International Economic Outlook
According to EIU, IMF, OECD and other institutions to observe the economic growth forecast for the world's major economies in 2022: U.S. real GDP will grow by 6.9 % , Japan's real GDP will grow by 5.4%, China`s real GDP will grow by 4.0% , the real GDP of the euro area will grow by 4.6%.
Unit:%
2022 Global Economic Growth Forecast Compiled Chart
| IMF 2022.01 (2021.10) | UN 2022.01 (2021.05) | IHS Markit 2022.01 (2021.12) | OECD 2021.12 (2021.09) | EIU 2022.02 (2022.01) | WB 2022.01 (2021.06) |
region | 2021 | 2022 | 2021 | 2022 | 2021 | 2022 | 2021 | 2022 | 2021 | 2022 | 2021 | 2022 |
Global |
5.9 |
4.4 |
5.5 |
4.0 |
5.6 |
4.2 |
5.6 |
4.5 |
5.6 |
3.9 |
5.5 |
4.1 |
(5.9) |
(4.9) |
(5.4) |
(4.1) |
(5.6) |
(4.3) |
(5.7) |
(4.5) |
(5.5) |
(4.0) |
(5.6) |
(4.3) |
USA |
5.6 |
4.0 |
5.5 |
3.5 |
5.7 |
4.1 |
5.6 |
3.7 |
5.7 |
3.4 |
5.6 |
3.7 |
(6.0) |
(5.2) |
(6.2) |
(3.2) |
(5.7) |
(4.3) |
(6.0) |
(3.9) |
(5.5) |
(3.8) |
(6.8) |
(4.2) |
JAPAN |
1.6 |
3.3 |
2.2 |
3.3 |
1.9 |
3.4 |
1.8 |
3.4 |
1.8 |
3.0 |
1.7 |
2.9 |
(2.4) |
(3.2) |
(3.3) |
(2.2) |
(1.9) |
(3.6) |
(2.5) |
(2.1) |
(2.0) |
(3.2) |
(2.9) |
(2.6) |
EURO |
5.2 |
3.9 |
4.7 |
4.0 |
5.2 |
3.7 |
5.2 |
4.3 |
5.3 |
4.0 |
5.2 |
4.2 |
(5.0) |
(4.3) |
(4.2) |
(3.9) |
(5.2) |
(3.7) |
(5.3) |
(4.6) |
(5.1) |
(3.9) |
(4.2) |
(4.4) |
CHINA |
8.1 |
4.8 |
7.8 |
5.2 |
8.1 |
5.4 |
8.1 |
5.1 |
7.9 |
5.2 |
8.0 |
5.1 |
(8.0) |
(5.6) |
(8.2) |
(5.8) |
(8.1) |
(5.5) |
(8.5) |
(5.8) |
(7.9) |
(5.3) |
(8.5) |
(5.4) |
World Trade
|
9.3 |
6.0 |
11.0 |
5.7 |
- |
- |
9.3 |
4.9 |
9.9 |
5.5 |
9.5 |
5.8 |
(9.7) |
(6.7) |
(9.4) |
(5.7) |
(-) |
(-) |
(-) |
(-) |
(9.9) |
(5.5) |
(8.3) |
(6.3) |
|
Note:( )advance estimate.
Source:
- IMF:World Economic Outlook(January 25th 2022)
- UN:World Economic Situation and Prospects 2022(January 13th 2022)
- IHS Markit:Economic Outlook(January 18th 2022)
- OECD:OECD Economic Outlook(December 1st 2021)
- EIU:EIU Country Forecast World March 2022(forecast closing date:February 14th 2022)
- WB:Global Economic Prospects(January 2022)
- Organized by the Department of Industrial Development of the Taiwan Institute of Economic Research.
Taiwan Economic Overview
Key domestic economic indicators for 2021:For the whole 2021, real GDP grew by 6.45%.The export order volume reached a new high of US$ 674.13 billion, a year-on-year increase of 26.32%.The export trade value reached a new high of US$ 446.448 billion, a year-on-year increase of 29.36%. The industrial production index and manufacturing industry production index climbed to 131.48 and 133.62, respectively. This represents a year-on-year rise of 13.22% and 14.06%.
Taiwan Econ Overview
Indicator | Statistical interval | Data | YoY |
GDP (%) |
2021 (Whole Year) |
6.45 |
— |
Export Orders (US$ billion) |
2021 (Whole Year) |
674.13 |
▲26.32% |
Custom Exports (US$ hundred million) |
2021 (Whole Year) |
4,464.48 |
▲29.36% |
Industrial Production Index in Taiwan |
2021 (Whole Year) |
131.48 |
▲13.22% |
Taipei Econ Overview
As of the end of December 2021, a total of 237,401 businesses were registered in Taipei City. This number declines by 2,033 compared to the previous year, which represents a year-on-year declines of 0.85%. The capital of enterprises in Taipei City reached 13.67 trillion, an increase of 4.13% over the same period last year. The number of registered factories in Taipei City reached 1,006, an annual increase of 2.52%.
The number of he Profit-seeking Enterprise in Taipei City is 242,274, and the amount of the Profit-seeking Enterprise Income are 15.49 trillion, an annual increase of 12.53%. The tertiary industry had a sales volume of 12.51 trillion, an annual increase of 11.81%. Approved foreign investments in Taipei City amount to US$ 5,092 million, an annual decrease of 3.74%.The number of newly established foreign companies in Taipei City is 243, an decrease of 9.33% over the same period last year.
Taiwan Econ Overview
Indicator | Statistical interval | Data | YoY |
Industry & Business Registration (Number) |
December (bottom value) |
237,401 |
▼0.85% |
Total Capital of Companies Registered (NT$ trillion) |
December (bottom value) |
13.67 |
▲4.13% |
Factory Registration (Number) |
December (bottom value) |
1,006 |
▼2.52% |
The Number of the Profit-seeking Enterprise (Number) |
December (bottom value) |
242,274 |
▲1.34% |
The Amount of the Profit-seeking Enterprise Income (NT$ trillion) |
2021 (whole year) |
15.49 |
▲12.53% |
Sales of Tertiary Industry (NT$ trillion) |
2021 (whole year) |
12.51 |
▲11.81% |
Foreign Direct Investment (US$ hundred million) |
2021 (whole year) |
50.92 |
▼3.74% |
Number of Newly Established Foreign Companies (Number) |
2021 (whole year) |
243 |
▼9.33% |