Taiwan's real GDP increased by 4.17% on a year-on-year basis in the third quarter of 2024 (3Q24), according to the latest report from the Directorate General of Budget Accounting and Statistics (DGBAS), which was 0.2 percentage points higher than its previous forecast, while the economic growth rates for 1Q24 and 2Q24 have been revised to 6.64% and 4.89% (formerly 6.63% and 5.06%).