Taiwan PESTLE Insights Macroeconomic Outlook Report

Aarkstore Market Research

Taiwan PESTLE Insights Macroeconomic Outlook Report

Summary

• Mining, manufacturing and utilities contributed 33.7% to the gross value added (GVA) in 2018, followed by wholesale, retail and hotels (19.6%) and financial intermediation, real estate and business activities (17.6%). In nominal terms, the three sectors are expected to grow by 3.2%, 2.8% and 2.6%, respectively, in 2019.

• New Taipei City, Kaohsiung City and Taichung City accounted for 41.3% of Taiwan’s population, as per the latest population and housing census from 2010. The next census is expected to be conducted by 2020.

Majority of inward FDI was towards the manufacturing, financial and insurance sectors in 2018 • The Taiwan Stock Exchange Weighted Index (TWII) exhibited a downward trend over the last year. As of May 15, 2019, the TWII stood at 10,560.70996, compared to 10,874.73047 on May 15, 2018.

Scope • As per the World Banks logistics performance index (LPI), transport and logistic infrastructure in Taiwan has not seen significant improvements over the last two years. In fact, the country’s LPI rank declined slightly to 27th out of 160 countries in 2018, from 25th in 2016.

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Taiwan’s Parliament is allocating TWD420bn (US$13.9bn) worth of funds towards infrastructure development under its Forward-looking Infrastructure Development Program (2017-2021)

Reasons to buy • Macroeconomic Outlook Report identifies the potentials of the country as an investment destination by analyzing the political, economic, social, technological, legal and environmental (PESTLE) structure.

•PESTLE Insights provides 360 degree view of the economy which can be used as a strategic tool to understand the market dynamics, business potentials and direction of operations

• Along with providing the country’s snapshot, the report captures the risk factors pertaining to the macroeconomic risks, political environment, legal environment, demographic and social structure effectiveness, technology & infrastructure and natural and geographic aspects that might impact business.

•This report also highlights key clusters/cities which contribute significantly to the country GDP and population along with major companies’ presence in these areas.

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