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Macroeconomic Forecast Taiwan

November 2005 | Macroeconomic Forecasts

Growth in Taiwan will fall to 3.6% in 2005, compared with growth of 5.7% in 2004, due to slower growth in exports, and consumption. The economy should enjoy a better 2006, as prospects for consumption and net exports improve. The economy should also benefit from an increase in demand for hi-tech products, which accounts for 31% of Taiwan's total exports - the largest individual share for any one sector.

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