Despite the COVID-19 pandemic continues to challenge businesses and markets around the world in 2021, member companies of the American Chamber of Commerce in Taiwan are feeling overwhelmingly optimistic about the year ahead, according to the results of the organization’s 2022 Business Climate Survey (BCS).

The poll, conducted between December 1, 2021 and January 7, 2022, found that over 87% of business leaders expressed confidence about Taiwan’s economic growth over the next 12 months, the highest level since the Chamber added this question to its survey five years ago. Even more notable was that an all-time high of 45.51% saying they were “very confident.”​

A similar level of confidence was expressed about Taiwan’s economic prospects over the next three years, and nearly 47% of member companies said that they plan to increase employment at their Taiwan facilities this year.