TAIPEI (Taiwan News) – The government estimated Taiwan’s gross domestic product expanded 8.63% in 2025, the highest increase since 2010, reports said Friday.

The new estimate was 1.26% higher than a previous figure mentioned by the Directorate General of Budget, Accounting and Statistics. Adjustment of the rate followed the 12.68% increase confirmed for the final quarter of 2025, per CNA.

The surge was the largest rise for any quarter in 38 years, the Liberty Times reported. As for last year, Taiwan’s economic growth was higher than Singapore’s 4.8%, Hong Kong’s 3.5%, and South Korea’s 1%.

In addition, the GDP per person reached NT$1.24 million (US$39,477) last year, exceeding levels set in Japan and South Korea, according to the government. The gains were also influenced by currency exchange fluctuations.

The main reason for last year’s gross domestic product increase was the stronger-than-expected global demand for Taiwan’s high-tech products, including AI and high-performance computing.

Previous years with high economic growth figures were 2010 with 10.25% and 2021 with 6.72%, according to official data.