Taiwan GDP surges 13.7pc in Q1 2026, fastest growth since 1987
Taiwan's GDP surged 13.7% in Q1 2026, the fastest growth since 1987, driven by robust demand for artificial intelligence technology. The economy is expected to expand 3.5% in 2026, down from 8.6% growth in 2025.
Taiwan's economy grew 13.7% in the first quarter of 2026, the fastest pace since 1987, due to strong demand for artificial intelligence technology. The island is a global leader in semiconductor chip manufacturing, which powers AI. Despite concerns over the Iran war's impact, Taiwan's economy has been growing rapidly. The government has absorbed most of the increase in fuel prices and ensured a secure supply of LNG and oil. Gross domestic product growth is expected to slow to 3.5% in 2026, down from 8.6% in 2025. TSMC, the largest contract chip maker, does not expect the war to impact its supply of key materials in the near term.
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