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Taiwan 2011 economic growth lowered to 4.56%

, Taipei
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Taiwan's economic growth in 2011 has been lowered to 4.56% from 4.81% projected in August due to impacts of financial problems in some European countries and economic stagnancy in the US, according to the Directorate General of Budget, Accounting and Statistics (DGBAS) on October 31.

DGBAS: Taiwan economic situation, 2011-2012

Economic growth

Increase in CPI

GDP per capita

GNP per capita

2011(f)

4.56%

1.51%

US$20,288

US$20,969

2012(f)

4.38%

1.12%

US$20,626

US$21,351

Source: DGBAS, compiled by Digitimes, November 2011

Article translated by Adam Hwang