Taiwan’s economy grew at the fastest pace in over a decade last year, driven by strong tech exports during the COVID-19 pandemic to feed the prevailing work-and-study-from-home trend.
The full-year gross domestic product (GDP) growth in 2021 surpassed the previous forecast of 6.1 percent up to 6.3 percent, fueled by a 4.9 percent year-on-year rise in the fourth quarter, according to the preliminary data (pdf) released by the government’s statistics agency on Jan. 27.
