Taiwan Economy

Taiwan's economy has shown significant growth in the first quarter, with a 13.69% year-on-year increase in GDP. This growth is largely driven by exports, particularly in the technology sector, with a 51.12% increase in outbound shipments. The country's economy is also supported by domestic demand, with private consumption growing 4.89%. However, geopolitical uncertainties and uneven global demand remain key risks to Taiwan's economic outlook. The growth in Taiwan's economy is also reflected in the number of visits from Taiwan to mainland China, with nearly 4.9 million visits made in 2025. Young people account for more than one-third of these visits, with many seeking opportunities for education, career, and entrepreneurship. Despite the positive economic growth, Taiwan's press freedom ranking has dropped four places to 28th in the world, according to Reporters Without Borders. The lack of effective government action to improve news coverage and ensure the public's right to reliable information has become a major problem for Taiwan's democratic system.