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Economy of Taiwan. Statistics, Data and Indicators

flag
Taiwan
82AA- Credit rank #27
163.28 Quality of life #23
28 Corruption rank#29
15 Ease of doing business#13
Taiwan


Taiwan Major Economic Indicators

Indicator Data Period
GDP Value 605 USD Billion 2019
GDP Annual Growth Rate 3.31 % 4Q/19
GDP Growth Rate 1.89 % 4Q/19
Inflation Rate YoY -0.21 % Feb/20
Interest Rate 1.13 % Mar/20
Unemployment Rate 3.7 % Feb/20
Wages 102561 TWD/Month | 3386.43 USD/Month Jan/20
Balance of Trade 3303 USD Million | 3.303 B USD Feb/20
Current Account 17016 USD Million | 17.016 B USD 4Q/19
Foreign Exchange Reserves 4797 USD HML | 479.7 B USD Feb/20


GDP
vvp
605
USD Billion
#23 from 174 countries
GDP per capita
vvp
N/A
# from countries


GDP Indicators

Indicator Data Period
GDP Value 605 USD Billion 2019
GDP Annual Growth Rate 3.31 % 4Q/19
GDP Growth Rate 1.89 % 4Q/19
Gross National Product 5073754 TWD Million | 167.529 USD Billion 4Q/19
GDP Constant Prices 4873576 TWD Million | 160.919 B USD 4Q/19
GDP From Agriculture  102171 TWD Million | 3.374 B USD 4Q/19
GDP From Construction  98620 TWD Million | 3.256 B USD 4Q/19
GDP From Manufacturing  1642328 TWD Million | 54.228 B USD 4Q/19
GDP From Mining  3714 TWD Million | 0.123 B USD 4Q/19
GDP From Public Administration  259171 TWD Million | 8.557 B USD 4Q/19
GDP From Services  3079536 TWD Million | 101.682 B USD 4Q/19
GDP From Transport  148301 TWD Million | 4.897 B USD 4Q/19
GDP From Utilities  79770 TWD Million | 2.634 B USD 4Q/19


Budget Indicators

Indicator Data Period
Government Debt to GDP 30.9 % 2018
Government Budget Value -244.2 TWD Billion | -8 USD Billion 2016
Government Spending 648083 TWD Million | 21.399 USD Billion 4Q/19
Government Revenues 2802 TWD Billion | 92.518 USD Billion 2019
Fiscal Expenditure  2978 TWD Billion | 98.33 B USD 2019
Government Budget to GDP -1.9 % 2018
Military Expenditure 10458 USD Million | 10.458 B USD 2018


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 102 index points Feb/20
Export Prices 93.31 index points Feb/20
Food Inflation 1.76 % Feb/20
GDP Deflator 97.95 index points 4Q/19
Import Prices 108 index points Feb/20
Inflation Rate YoY -0.21 % Feb/20
Producer Prices 98 index points Feb/20
Inflation Rate Mom -0.19 % Feb/20
Core Consumer Prices 103 Index Points Feb/20
Core Inflation Rate -0.38 % Feb/20
CPI Housing Utilities 102 Index Points Feb/20
CPI Transportation 100 Index Points Feb/20
Producer Prices Change  -4.47 % Feb/20


Trade Indicators

Indicator Data Period
Current Account to GDP 11.6 % 2018
Balance of Trade 3303 USD Million | 3.303 USD Billion Feb/20
Capital Flows 17422 USD Million | 17.422 USD Billion 4Q/19
Current Account 17016 USD Million | 17.016 USD Billion 4Q/19
Exports 25381 USD Million | 25.381 USD Billion Feb/20
External Debt 184659 USD Million | 184.659 USD Billion 4Q/19
Foreign Exchange Reserves 4797 USD HML | 479.7 USD Billion Feb/20
Imports 22078 USD Million | 22.078 USD Billion Feb/20
Terms of Trade  86 Index Points Feb/20
Tourist Arrivals 813 Thousand Persons | 0.813 Million Persons Jan/20


Money Indicators

Indicator Data Period
Bank Lending Rate 2.63 % Feb/20
Gold Reserves 424 Tonnes 4Q/19
Interbank Rate 0.48 % Mar/20
Interest Rate 1.13 % Mar/20
Loans to Private Sector 12034909 TWD Million | 397.377 USD Billion Feb/20
Money Supply M0 2229179 TWD Million | 73.605 USD Billion Feb/20
Money Supply M1 7490800 TWD Million | 247.336 USD Billion Feb/20
Money Supply M2 46610992 TWD Million | 1539.034 USD Billion Feb/20
Central Bank Balance Sheet 16358237 TWD Million | 540.128 B USD Feb/20
Foreign Direct Investment 471 USD Million | 0.471 B USD Feb/20


Labor Indicators

Indicator Data Period
Minimum Wages 23800 TWD/Month | 785.845 USD/Month 2020
Unemployment Rate 3.7 % Feb/20
Wages 102561 TWD/Month | 3386.43 USD/Month Jan/20
Youth Unemployment Rate 12.11 % Dec/19
Employed Persons 11532 Thousand Person | 11.532 Million Person Feb/20
Labor Force Participation Rate 59.21 % Feb/20
Unemployed Persons 444 Thousand Persons | 0.444 Million Persons Feb/20
Wages in Manufacturing 98828 TWD/Month | 3263.171 USD/Month Jan/20


Taxes

Indicator Data Period
Corporate Tax Rate 20 % 2020
Personal Income Tax Rate 40 % 2019
Sales Tax Rate 5 % 2020
Social Security Rate 14.02 % 2018
Social Security Rate For Companies 10.87 % 2018
Social Security Rate For Employees 3.15 % 2018


Production Indicators

Indicator Data Period
Crude Oil Production 0.2 BBL/D/1K Feb/19
Industrial Production 20.34 % Feb/20
Mining Production 26.68 % Feb/20
Steel Production 1590 Thousand Tonnes Feb/20
Car Production 15420 Units | 15.42 Units Feb/20
Industrial Production (MoM) -5.16 % Feb/20


Business Indicators

Indicator Data Period
Bankruptcies 2674 companies Feb/20
Corruption Index 65 index points 2019
Corruption Rank 28 place 2019
Ease of Doing Business 15 place 2019
Manufacturing PMI 49.9 index points Feb/20
Manufacturing Production 21.12 % Feb/20
Competitiveness Index 80.24 Index Points 2019
Competitiveness Rank 12 2019
Leading Economic Index  112.7 Index Points Sep/19


Consumer Indicators

Indicator Data Period
Consumer Confidence 78.51 index points Mar/20
Retail Sales MoM -22.2 % Feb/20
Retail Sales YoY -1.4 % Feb/20
Consumer Credit 8812299 TWD Million | 290.971 USD Billion Feb/20
Consumer Spending 2453705 TWD Million | 81.018 USD Billion 4Q/19
Disposable Personal Income 8956900 TWD Million | 295.745 B USD 2018


Gold Reserves
gold_reserve_icon
424
Tonnes
#12 from 114 countries
Foreign Exchange Reserves
gold_reserve_icon
479.7
USD Billion
#6 from 114 countries


Government Budget Value
balance_icon
-8
USD Billion
#96 from 113 countries
Inflation Rate
inflation_icon
-0.21
%
#137 from 174 countries


Interest Rate
discount_rate_icon
1.13
%
#123 from 159 countries
Bank Lending Rate
credit_rate_icon
2.63%
#37 from 55 countries


Unemployment Rate
unemployment_icon
3.7
%
#125 from 171 countries
Wages
salary_icon
3386.43
USD/Month
#30 from 82 countries


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