Economy of Taiwan. Statistics, Data and Indicators
Taiwan
| 82AA- | Credit rank #27 |
| 163.28 | Quality of life #23 |
| 28 | Corruption rank#29 |
| 15 | Ease of doing business#13 |
Taiwan Major Economic Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 611 USD Billion | 2019 |
| GDP Annual Growth Rate | 8.92 % | 1Q/21 |
| GDP Growth Rate | 3.05 % | 1Q/21 |
| Inflation Rate YoY | 1.89 % | Jun/21 |
| Interest Rate | 1.13 % | Jun/21 |
| Unemployment Rate | 4.15 % | May/21 |
| Wages | 51957 TWD/Month | 1857.856 USD/Month | May/21 |
| Balance of Trade | 5145 USD Million | 5.145 B USD | Jun/21 |
| Current Account | 25960 USD Million | 25.96 B USD | 1Q/21 |
| Foreign Exchange Reserves | 5433 USD HML | 543.3 B USD | Jun/21 |
GDP
611
USD Billion
#23 from 174 countries
GDP per capita
N/A
# from countries
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 611 USD Billion | 2019 |
| GDP Annual Growth Rate | 8.92 % | 1Q/21 |
| GDP Growth Rate | 3.05 % | 1Q/21 |
| Gross National Product | 5179806 TWD Million | 185.217 USD Billion | 1Q/21 |
| GDP Constant Prices | 5268613 TWD Million | 188.393 B USD | 1Q/21 |
| GDP From Agriculture | 88446 TWD Million | 3.163 B USD | 1Q/21 |
| GDP From Construction | 125341 TWD Million | 4.482 B USD | 1Q/21 |
| GDP From Manufacturing | 1705633 TWD Million | 60.989 B USD | 1Q/21 |
| GDP From Mining | 2904 TWD Million | 0.104 B USD | 1Q/21 |
| GDP From Public Administration | 281163 TWD Million | 10.054 B USD | 1Q/21 |
| GDP From Services | 2991918 TWD Million | 106.984 B USD | 1Q/21 |
| GDP From Transport | 123144 TWD Million | 4.403 B USD | 1Q/21 |
| GDP From Utilities | 75372 TWD Million | 2.695 B USD | 1Q/21 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 28.2 % | 2019 |
| Government Budget Value | -456 TWD Billion | -16.305 USD Billion | 2021 |
| Government Spending | 680361 TWD Million | 24.328 USD Billion | 1Q/21 |
| Government Revenues | 2875 TWD Billion | 102.803 USD Billion | 2021 |
| Fiscal Expenditure | 3331 TWD Billion | 119.108 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) | 104 index points | Jun/21 |
| Export Prices | 95.67 index points | Jun/21 |
| Food Inflation | 2.18 % | Jun/21 |
| GDP Deflator | 103 index points | 1Q/21 |
| Import Prices | 105 index points | Jun/21 |
| Inflation Rate YoY | 1.89 % | Jun/21 |
| Producer Prices | 103 index points | Jun/21 |
| Inflation Rate Mom | -0.2 % | Jun/21 |
| Core Consumer Prices | 104 Index Points | Jun/21 |
| Core Inflation Rate | 1.35 % | Jun/21 |
| CPI Housing Utilities | 104 Index Points | Jun/21 |
| CPI Transportation | 105 Index Points | Jun/21 |
| Producer Prices Change | 10.74 % | Jun/21 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | 9.5 % | 2020 |
| Balance of Trade | 5145 USD Million | 5.145 USD Billion | Jun/21 |
| Capital Flows | 26469 USD Million | 26.469 USD Billion | 1Q/21 |
| Current Account | 25960 USD Million | 25.96 USD Billion | 1Q/21 |
| Exports | 36653 USD Million | 36.653 USD Billion | Jun/21 |
| External Debt | 209223 USD Million | 209.223 USD Billion | 1Q/21 |
| Foreign Exchange Reserves | 5433 USD HML | 543.3 USD Billion | Jun/21 |
| Imports | 31508 USD Million | 31.508 USD Billion | Jun/21 |
| Terms of Trade | 91.3 Index Points | Jun/21 |
| Tourist Arrivals | 10.72 Thousand Persons | 0.011 Million Persons | May/21 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Bank Lending Rate | 2.44 % | May/21 |
| Gold Reserves | 424 Tonnes | 1Q/21 |
| Interbank Rate | 0.48 % | Jul/21 |
| Interest Rate | 1.13 % | Jun/21 |
| Loans to Private Sector | 13043147 TWD Million | 466.391 USD Billion | May/21 |
| Money Supply M0 | 2470177 TWD Million | 88.328 USD Billion | May/21 |
| Money Supply M1 | 9287900 TWD Million | 332.113 USD Billion | May/21 |
| Money Supply M2 | 51455792 TWD Million | 1839.934 USD Billion | May/21 |
| Central Bank Balance Sheet | 18647288 TWD Million | 666.782 B USD | Jun/21 |
| Foreign Direct Investment | 431 USD Million | 0.431 B USD | May/21 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Minimum Wages | 24000 TWD/Month | 858.182 USD/Month | 2021 |
| Unemployment Rate | 4.15 % | May/21 |
| Wages | 51957 TWD/Month | 1857.856 USD/Month | May/21 |
| Youth Unemployment Rate | 12.58 % | May/21 |
| Employed Persons | 11414 Thousand Person | 11.414 Million Person | May/21 |
| Labor Force Participation Rate | 58.93 % | May/21 |
| Unemployed Persons | 494 Thousand Persons | 0.494 Million Persons | May/21 |
| Wages in Manufacturing | 51107 TWD/Month | 1827.463 USD/Month | May/21 |
Taxes
| Indicator | Data | Period |
|---|---|---|
| Corporate Tax Rate | 20 % | 2021 |
| Personal Income Tax Rate | 40 % | 2021 |
| Sales Tax Rate | 5 % | 2021 |
| Social Security Rate | 14.02 % | 2020 |
| Social Security Rate For Companies | 10.87 % | 2020 |
| Social Security Rate For Employees | 3.15 % | 2020 |
Production Indicators
| Indicator | Data | Period |
|---|---|---|
| Crude Oil Production | 0.2 BBL/D/1K | Mar/21 |
| Industrial Production | 16.51 % | May/21 |
| Mining Production | 4.52 % | May/21 |
| Steel Production | 1700 Thousand Tonnes | Dec/20 |
| Car Production | 20742 Units | 20.742 Units | Jun/21 |
| Industrial Production (MoM) | 2.25 % | May/21 |
Business Indicators
| Indicator | Data | Period |
|---|---|---|
| Bankruptcies | 1973 companies | May/21 |
| Corruption Index | 65 index points | 2020 |
| Corruption Rank | 28 place | 2020 |
| Ease of Doing Business | 15 place | 2019 |
| Manufacturing PMI | 57.6 index points | Jun/21 |
| Manufacturing Production | 17.28 % | May/21 |
| 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 | 70.48 index points | Jul/21 |
| Retail Sales MoM | -5.78 % | May/21 |
| Retail Sales YoY | 2.8 % | May/21 |
| Consumer Credit | 9849117 TWD Million | 352.181 USD Billion | May/21 |
| Consumer Spending | 2441051 TWD Million | 87.286 USD Billion | 1Q/21 |
| Disposable Personal Income | 9256300 TWD Million | 330.983 B USD | 2019 |
Gold Reserves
424
Tonnes
#12 from 114 countries
Foreign Exchange Reserves
543.3
USD Billion
#6 from
114 countries
Government Budget Value
-16.305
USD Billion
#96 from 113 countries
Inflation Rate
1.89
%
#137 from
174 countries
Interest Rate
1.13
%
#123 from
159 countries
Bank Lending Rate
2.44%
#37 from
55 countries
Unemployment Rate
4.15
%
#125 from
171 countries
Wages
1857.856
USD/Month
#30 from
82 countries
