Key facts
- Taiwan's economy grew 12.92% year-on-year in Q2.
- Taiwan's Q2 growth was driven by the AI boom and U.S. trade.
- Taiwan's economic forecasts were revised upward.
- Mexico's economy grew 2.2% in Q2.
- Mexico's Q1 figures were revised upward.
- Mexico's finance ministry forecasts 1.8% to 2.8% growth for 2026.
- Hong Kong's economy grew 4.3% year-on-year in Q2.
- Hong Kong experienced its 14th consecutive quarter of growth.
- Hong Kong's growth was driven by external trade and domestic demand.
- Hong Kong's Q2 GDP saw a slight sequential decrease.
Taiwan's economy achieved a historic expansion of 12.92% year-on-year in the second quarter. This significant growth was primarily propelled by the global artificial intelligence boom and strong trade relationships with the United States. Forecasts for Taiwan's economic performance have been revised upward considerably due to these factors.
Mexico's economy demonstrated resilience by growing 2.2% in the second quarter, exceeding initial forecasts. The country's finance ministry has maintained its projected growth range for 2026 at 1.8% to 2.8%, indicating continued optimism. Additionally, Q1 figures for Mexico were subject to upward revisions.
Hong Kong's economy grew by 4.3% year-on-year in the second quarter, achieving its 14th consecutive quarter of expansion. This sustained growth was supported by robust external trade and resilient domestic demand. Despite the year-on-year increase, Hong Kong's GDP saw a slight decrease on a sequential basis.