TAIPEI (Reuters) – Taiwan’s economy is expected to grow 4.42% in 2022, the Directorate General of Budget, Accounting and Statistics said on Thursday, upgrading its outlook from a previous estimate of 4.15% growth for this year.
Gross domestic product (GDP) rose by a revised 4.86% in the fourth quarter of 2021 from a year earlier, slightly down from a preliminary reading of 4.88%, the agency said.
(Reporting by Jeanny Kao and Ben Blanchard; Editing by Raissa Kasolowsky)