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Economy of Taiwan. Statistics, Data and Indicators

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


Taiwan Major Economic Indicators

Indicator Data Period
GDP Value 668 USD Billion 2020
GDP Annual Growth Rate 3.06 % 1Q/22
GDP Growth Rate 1.56 % 1Q/22
Inflation Rate YoY 3.38 % Apr/22
Interest Rate 1.38 % Mar/22
Unemployment Rate 3.7 % Mar/22
Wages 51282 TWD/Month | 1723.508 USD/Month Mar/22
Balance of Trade 4910 USD Million | 4.91 B USD Apr/22
Current Account 32193 USD Million | 32.193 B USD 4Q/21
Foreign Exchange Reserves 5451 USD HML | 545.1 B USD Apr/22


GDP Indicators

Indicator Data Period
GDP Value 668 USD Billion 2020
GDP Annual Growth Rate 3.06 % 1Q/22
GDP Growth Rate 1.56 % 1Q/22
Gross National Product 5635454 TWD Million | 189.399 USD Billion 4Q/21
GDP Constant Prices 5364929 TWD Million | 180.307 B USD 4Q/21
GDP From Agriculture  92143 TWD Million | 3.097 B USD 4Q/21
GDP From Construction  116274 TWD Million | 3.908 B USD 4Q/21
GDP From Manufacturing  1996754 TWD Million | 67.108 B USD 4Q/21
GDP From Mining  3719 TWD Million | 0.125 B USD 4Q/21
GDP From Public Administration  267246 TWD Million | 8.982 B USD 4Q/21
GDP From Services  3290254 TWD Million | 110.58 B USD 4Q/21
GDP From Transport  118428 TWD Million | 3.98 B USD 4Q/21
GDP From Utilities  85693 TWD Million | 2.88 B USD 4Q/21


Budget Indicators

Indicator Data Period
Government Debt to GDP 28.2 % 2019
Government Budget Value -456 TWD Billion | -15.325 USD Billion 2021
Government Spending 699079 TWD Million | 23.495 USD Billion 4Q/21
Government Revenues 2875 TWD Billion | 96.624 USD Billion 2021
Fiscal Expenditure  3331 TWD Billion | 111.95 B USD 2021
Government Budget to GDP -4.5 % 2020
Military Expenditure 11597 USD Million | 11.597 B USD 2020


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 107 index points Apr/22
Export Prices 109 index points Apr/22
Food Inflation 6.91 % Apr/22
GDP Deflator 103 index points 4Q/21
Import Prices 123 index points Apr/22
Inflation Rate YoY 3.38 % Apr/22
Producer Prices 117 index points Apr/22
Inflation Rate Mom 0.39 % Apr/22
Core Consumer Prices 107 Index Points Apr/22
Core Inflation Rate 2.53 % Apr/22
CPI Housing Utilities 105 Index Points Apr/22
CPI Transportation 109 Index Points Apr/22
Producer Prices Change  15.07 % Apr/22


Trade Indicators

Indicator Data Period
Current Account to GDP 9.5 % 2020
Balance of Trade 4910 USD Million | 4.91 USD Billion Apr/22
Capital Flows 35552 USD Million | 35.552 USD Billion 4Q/21
Current Account 32193 USD Million | 32.193 USD Billion 4Q/21
Exports 41459 USD Million | 41.459 USD Billion Apr/22
External Debt 213592 USD Million | 213.592 USD Billion 4Q/21
Foreign Exchange Reserves 5451 USD HML | 545.1 USD Billion Apr/22
Imports 36552 USD Million | 36.552 USD Billion Apr/22
Terms of Trade  88.5 Index Points Apr/22
Tourist Arrivals 20.04 Thousand Persons | 0.02 Million Persons Mar/22


Money Indicators

Indicator Data Period
Bank Lending Rate 2.44 % Mar/22
Gold Reserves 424 Tonnes 4Q/21
Interbank Rate 0.73 % May/22
Interest Rate 1.38 % Mar/22
Loans to Private Sector 13783361 TWD Million | 463.237 USD Billion Mar/22
Money Supply M0 2805153 TWD Million | 94.277 USD Billion Mar/22
Money Supply M1 10237680 TWD Million | 344.072 USD Billion Mar/22
Money Supply M2 55049908 TWD Million | 1850.142 USD Billion Mar/22
Central Bank Balance Sheet 19026692 TWD Million | 639.457 B USD Apr/22
Foreign Direct Investment 991 USD Million | 0.991 B USD Mar/22


Labor Indicators

Indicator Data Period
Minimum Wages 25250 TWD/Month | 848.613 USD/Month 2022
Unemployment Rate 3.7 % Mar/22
Wages 51282 TWD/Month | 1723.508 USD/Month Mar/22
Youth Unemployment Rate 12.48 % Mar/22
Employed Persons 11456 Thousand Person | 11.456 Million Person Mar/22
Labor Force Participation Rate 59.23 % Mar/22
Unemployed Persons 440 Thousand Persons | 0.44 Million Persons Mar/22
Wages in Manufacturing 50935 TWD/Month | 1711.846 USD/Month Mar/22


Taxes



Production Indicators

Indicator Data Period
Crude Oil Production 0.2 BBL/D/1K Jan/22
Industrial Production 2.15 % Mar/22
Mining Production -4.95 % Mar/22
Steel Production 1700 Thousand Tonnes Dec/20
Car Production 20517 Units | 20.517 Units Apr/22
Industrial Production (MoM) 3.7 % Feb/22


Business Indicators

Indicator Data Period
Bankruptcies 2832 companies Mar/22
Corruption Index 68 index points 2021
Corruption Rank 25 place 2021
Ease of Doing Business 15 place 2019
Manufacturing PMI 51.7 index points Apr/22
Manufacturing Production 1.95 % Mar/22
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 71.77 index points Apr/22
Retail Sales MoM 8.7 % Mar/22
Retail Sales YoY 4.8 % Mar/22
Consumer Credit 10575329 TWD Million | 355.42 USD Billion Mar/22
Consumer Spending 2419992 TWD Million | 81.332 USD Billion 4Q/21
Disposable Personal Income 9532700 TWD Million | 320.379 B USD 2020