Description
Taiwan's real Gross Domestic Product (Real GDP) quarter-on-quarter growth rate, released by the Directorate-General of Budget, Accounting and Statistics (DGBAS), measures the country's short-term economic growth. It assesses Taiwan's economic performance by comparing the current quarter's GDP with the previous quarter's GDP, after adjusting for inflation. Positive growth typically indicates economic expansion, while negative growth may signal a contraction.
The data is updated quarterly. Preliminary estimates are released approximately one month after the end of each quarter, while final estimates are released around two months later.