2022-07-08
Summary of current season's economic situation analysis —2022Q1
Comprehensive analysis of the International Economic Outlook, Taiwan Economic Overview, and Taipei Econ Overview in the 2022Q1.
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 2022Q1: U.S. real GDP will grow by 3.5%, Japan's real GDP will decline by 1.0%, China`s real GDP will grow by 4.8%, the real GDP of the euro area will grow by 5.1%.
Unit：%
2022 Global Economic Growth Forecast Compiled Chart
| | IMF
2022.04
(2022.01) | UN
2022.05
(2022.01) | IHS Markit
2022.05
(2022.04) | OECD
2021.12
(2021.09) | EIU
2022.05
(2022.04) | WB
2022.01
(2022.06) |
|---|
| region | 2022 | 2023 | 2022 | 2023 | 2022 | 2023 | 2022 | 2023 | 2022 | 2023 | 2022 | 2023 |
|---|
| Global |
3.6 |
3.6 |
3.1 |
3.1 |
2.9 |
3.1 |
4.5 |
3.2 |
3.0 |
2.9 |
4.1 |
3.2 |
| (4.4) |
(3.8) |
(4.0) |
(3.5) |
(3.2) |
(3.3) |
(4.5) |
(-) |
(3.3) |
(3.1) |
(4.3) |
(3.1) |
| USA |
3.7 |
2.3 |
2.6 |
1.8 |
2.4 |
2.4 |
3.7 |
2.4 |
2.5 |
1.9 |
3.7 |
2.6 |
| (4.0) |
(2.6) |
(3.5) |
(2.4) |
(3.0) |
(2.8) |
(3.9) |
(-) |
(3.0) |
(1.9) |
(4.2) |
(2.3) |
| JAPAN |
2.4 |
2.3 |
2.7 |
2.2 |
2.3 |
1.8 |
3.4 |
1.1 |
2.8 |
1.4 |
2.9 |
1.2 |
| (3.3) |
(1.8) |
(3.3) |
(2.7) |
(2.4) |
(1.8) |
(2.1) |
(-) |
(2.8) |
(1.4) |
(2.6) |
(1.0) |
| EURO |
2.8 |
2.3 |
2.7 |
2.3 |
2.5 |
1.8 |
4.3 |
2.5 |
2.3 |
1.7 |
4.2 |
2.1 |
| (3.9) |
(2.5) |
(4.0) |
(2.5) |
(2.5) |
(1.8) |
(4.6) |
(-) |
(2.9) |
(2.3) |
(4.4) |
(2.4) |
| CHINA |
4.4 |
5.1 |
4.5 |
5.2 |
4.3 |
5.3 |
5.1 |
5.1 |
5.0 |
5.1 |
5.1 |
5.3 |
| (4.8) |
(5.2) |
(5.2) |
(5.5) |
(5.1) |
(5.2) |
(5.8) |
(-) |
(5.2) |
(5.0) |
(5.4) |
(5.3) |
|
World Trade
|
5.0 |
4.4 |
4.1 |
4.8 |
- |
- |
4.9 |
4.5 |
4.2 |
4.8 |
5.8 |
4.7 |
| (6.0) |
(4.9) |
(9.4) |
(4.0) |
(-) |
(-) |
(-) |
(-) |
(4.9) |
(4.7) |
(6.3) |
(4.4) |
| |
Note：( )advance estimate.
Source：
- IMF：World Economic Outlook（April 19th 2022）
- UN：World Economic Situation and Prospects 2022（May 18th 2022）
- IHS Markit：Economic Outlook（May 17th 2022）
- OECD：OECD Economic Outlook（December 1st 2021）
- EIU：EIU Country Forecast World June 2022（forecast closing date：May 16th 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 2022Q1: real GDP grew by 3.14%. Export orders recorded double-digit growth for 7 consecutive quarters, a year-on-year increase of 16.22%. Export orders rose by more than 20% for 5 consecutive quarters, a year-on-year increase of 23.49%. The industrial production index and manufacturing industry production index climbed to 130.96 and 133.78, respectively. This represents a year-on-year rise of 6.40% and 6.55%.
Taiwan Econ Overview
| Indicator | Statistical interval | Data | YoY |
|---|
| GDP (％) |
2022Q1 |
3.14 |
— |
Export Orders
(US$ billion) |
2022Q1 |
173.13 |
▲16.22％ |
Custom Exports
(US$ billion) |
2022Q1 |
120.93 |
▲23.49％ |
| Industrial Production Index in Taiwan |
2022Q1 |
130.96 |
▲6.40％ |
Taipei Econ Overview
As of the end of March 2022, a total of 236,877 businesses were registered in Taipei City. This number declines by 3,041 compared to the previous year, which represents a year-on-year declines of 1.27%. The capital of enterprises in Taipei City reached 13.74 trillion, an increase of 3.96% over the same period last year. The number of registered factories in Taipei City reached981, an annual declines of 1.27%.
The number of he Profit-seeking Enterprise in Taipei City is 242,566, and the amount of the Profit-seeking Enterprise Income are 2.63 trillion, an annual increase of 11.24%. The tertiary industry had a sales volume of 2.12 trillion, an annual increase of 10.37%. Approved foreign investments in Taipei City amount to US$ 1,276 million, an annual increase of 118.49%.The number of newly established foreign companies in Taipei City is 40, an decrease of 38.46% over the same period last year.
Taiwan Econ Overview
| Indicator | Statistical interval | Data | YoY |
|---|
Industry & Business Registration
(Number) |
March 2022
(bottom value) |
236,877 |
▼1.27% |
Total Capital of Companies Registered
(NT$ trillion) |
March 2022
(bottom value) |
13.74 |
▲3.96% |
Factory Registration
(Number) |
March 2022
(bottom value) |
981 |
▼1.27% |
The Number of the Profit-seeking Enterprise
(Number) |
March 2022
(bottom value) |
242,566 |
▲1.20％ |
The Amount of the Profit-seeking Enterprise Income
(NT$ trillion) |
Jan. - Nar. 2022
(Cumulative value) |
2.63 |
▲11.24% |
Sales of Tertiary Industry
(NT$ trillion) |
Jan. - Nar. 2022
(Cumulative value) |
2.12 |
▲10.37% |
Foreign Direct Investment
(US$ hundred million) |
Jan. - Nar. 2022
(Cumulative value) |
12.76 |
▲118.49% |
Number of Newly Established Foreign Companies
(Number) |
Jan. - Nar. 2022
(Cumulative value) |
40 |
▼38.46% |