As the economy rebounds from post-pandemic volatility, the 2024 Business Climate Survey shows a strong sense of optimism among AmCham Taiwan members. Respondents expressed high levels of confidence in both Taiwan’s economy and their own company’s business prospects for the coming year and beyond.
The poll, conducted between November 20 and December 15, 2023, found that over 80% of survey takers expressed confidence in Taiwan’s economic growth outlook over the next 12 months, while an even higher 85% expressed confidence over the next three years. Both figures are an increase compared with last year’s report, expressing member companies’ continued confidence in Taiwan’s economic fundamentals.
Given this, 92% of respondents plan to maintain or increase their investment in Taiwan in the upcoming year, nearly half expect to hire more people over the next 12 months, and 43% expect to keep their headcount largely the same.