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Taiwan's economy showed clear signs of recovery during the fourth quarter of 2013, boosting annual GDP growth to 2.19 percent, the island's budget authority announced on Tuesday.
The real GDP of the island rose by 2.92 percent during Q4, according to preliminary statistics.
Expansion was helped by the global economic recovery. Export volume during Q4 was 2.9 billion U.S. dollars more than previously estimated.
Investment and consumption during Q4 both turned out better than expected. Consumption alone increased 3.25 percent, contributing 1.66 percentage points to economic growth.
