Taiwan recorded an economic growth rate, on-year growth in real GDP, of 13.27% for the first quarter of 2010, the highest quarterly figure since the fourth quarter of 1978, according to the Directorate-General of Budget, Accounting and Statistics (DGBAS).
The first-quarter 2010 economic growth rate was higher than the forecast of 9.24% made three months ago, DGBAS indicated.
For the whole year of 2010, DGBAS projects an economic growth rate of 6.14%, a 1.0% increase in the consumer price index, a per capita GNP of US$18,414, and a per capita GDP of US$17,894.
Article translated by Adam Hwang