USDTWD.ai Taiwan Macro Atlas

Taiwan TSMC Capex and Investment, 2022–2024

TSMC capex was NT$956bn in 2024, with 2022–2024 company capex shown beside macro investment context.

What the Data Shows

This statistic connects Taiwan’s semiconductor investment cycle with national investment context. TSMC capex was NT$956bn in 2024, only slightly above 2023 but below the 2022 level of NT$1.08tn. The page is source-labelled because company capex and macro capital formation are different datasets, so the chart is a contextual bridge rather than a same-source comparison.

Data table

TSMC capex NT$956bn 2024
2022 capex NT$1.08tn TSMC
2023 capex NT$0.95tn TSMC
2024 capex NT$0.96tn TSMC
Capex change NT$6.19bn 2023 to 2024
Capital form. 19.2% DGBAS 2024

Sources

Source 1: GDP: Preliminary Estimate for 2024Q4, and Outlook for 2025

Publisher: National Statistics, R.O.C. (Taiwan)

Dataset/table: Gross capital formation growth

Units: percent

Date checked: 2026-05-12

Evidence: DGBAS reports that real gross capital formation expanded 19.20% in 2024.

Note: DGBAS reports that real gross capital formation expanded 19.20% in 2024.

Source 2: Form 20-F 2024

Publisher: Taiwan Semiconductor Manufacturing Company

Dataset/table: Capital expenditures

Units: NT$ million; US$ million

Date checked: 2026-05-12

Evidence: TSMC reports capital expenditures of NT$1,082,672m in 2022, NT$949,817m in 2023 and NT$956,007m in 2024.

Note: TSMC reports capital expenditures of NT$1,082,672m in 2022, NT$949,817m in 2023 and NT$956,007m in 2024.

Source 3: Annual Reports

Publisher: Taiwan Semiconductor Manufacturing Company

Dataset/table: Annual reports archive

Units: various

Date checked: 2026-05-12

Evidence: The annual-reports archive is the official source path for capex series and related context.

Note: The annual-reports archive is the official source path for capex series and related context.

Data notes & caveats

TSMC capex is company-level capital expenditure. The national capital-formation support metric comes from DGBAS macro reporting and is not the same measure.

Methodology

TSMC capex values use official filings/annual-report sources. The macro capital-formation support value is shown as context only; it is not used to calculate company capex.

Source consistency notes

TSMC capex is company data and national capital formation is macro data, so the comparison is interpretive rather than same-source. The page should say this explicitly.