Economy of Taiwan. Statistics, Data and Indicators
Taiwan
| 82AA- | Credit rank #27 |
| 163.28 | Quality of life #23 |
| 25 | Corruption rank#29 |
| 15 | Ease of doing business#13 |
Taiwan Major Economic Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 775 USD Billion | 2021 |
| GDP Annual Growth Rate | -0.86 % | 4Q/22 |
| GDP Growth Rate | -1.08 % | 4Q/22 |
| Inflation Rate YoY | 2.71 % | Dec/22 |
| Interest Rate | 1.75 % | Dec/22 |
| Unemployment Rate | 3.61 % | Dec/22 |
| Wages | 51157 TWD/Month | 1721.415 USD/Month | Nov/22 |
| Balance of Trade | 4790 USD Million | 4.79 B USD | Dec/22 |
| Current Account | 20714 USD Million | 20.714 B USD | 3Q/22 |
| Foreign Exchange Reserves | 5549 USD HML | 554.9 B USD | Dec/22 |
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 775 USD Billion | 2021 |
| GDP Annual Growth Rate | -0.86 % | 4Q/22 |
| GDP Growth Rate | -1.08 % | 4Q/22 |
| Gross National Product | 5364499 TWD Million | 180.513 USD Billion | 3Q/22 |
| GDP Constant Prices | 5449496 TWD Million | 183.374 B USD | 3Q/22 |
| GDP From Agriculture | 77165 TWD Million | 2.597 B USD | 3Q/22 |
| GDP From Construction | 132454 TWD Million | 4.457 B USD | 3Q/22 |
| GDP From Manufacturing | 2083628 TWD Million | 70.113 B USD | 3Q/22 |
| GDP From Mining | 3097 TWD Million | 0.104 B USD | 3Q/22 |
| GDP From Public Administration | 286107 TWD Million | 9.627 B USD | 3Q/22 |
| GDP From Services | 3115646 TWD Million | 104.84 B USD | 3Q/22 |
| GDP From Transport | 117340 TWD Million | 3.948 B USD | 3Q/22 |
| GDP From Utilities | 91075 TWD Million | 3.065 B USD | 3Q/22 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 28.2 % | 2019 |
| Government Budget Value | -313 TWD Billion | -10.532 USD Billion | 2022 |
| Government Spending | 714117 TWD Million | 24.03 USD Billion | 3Q/22 |
| Government Revenues | 3123 TWD Billion | 105.088 USD Billion | 2022 |
| Fiscal Expenditure | 3435 TWD Billion | 115.587 B USD | 2022 |
| Government Budget to GDP | -0.5 % | 2021 |
| Military Expenditure | 12958 USD Million | 12.958 B USD | 2021 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 108 index points | Dec/22 |
| Export Prices | 106 index points | Dec/22 |
| Food Inflation | 4.93 % | Dec/22 |
| GDP Deflator | 104 index points | 3Q/22 |
| Import Prices | 119 index points | Dec/22 |
| Inflation Rate YoY | 2.71 % | Dec/22 |
| Producer Prices | 114 index points | Dec/22 |
| Inflation Rate Mom | 0.33 % | Dec/22 |
| Core Consumer Prices | 108 Index Points | Dec/22 |
| Core Inflation Rate | 2.71 % | Dec/22 |
| CPI Housing Utilities | 107 Index Points | Dec/22 |
| CPI Transportation | 108 Index Points | Dec/22 |
| Producer Prices Change | 6.42 % | Dec/22 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | 14.8 % | 2021 |
| Balance of Trade | 4790 USD Million | 4.79 USD Billion | Dec/22 |
| Capital Flows | 23844 USD Million | 23.844 USD Billion | 3Q/22 |
| Current Account | 20714 USD Million | 20.714 USD Billion | 3Q/22 |
| Exports | 35750 USD Million | 35.75 USD Billion | Dec/22 |
| External Debt | 226402 USD Million | 226.402 USD Billion | 3Q/22 |
| Foreign Exchange Reserves | 5549 USD HML | 554.9 USD Billion | Dec/22 |
| Imports | 30964 USD Million | 30.964 USD Billion | Dec/22 |
| Terms of Trade | 89.2 Index Points | Dec/22 |
| Tourist Arrivals | 173 Thousand Persons | 0.173 Million Persons | Nov/22 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Bank Lending Rate | 2.84 % | Dec/22 |
| Gold Reserves | 424 Tonnes | 3Q/22 |
| Interbank Rate | 1.37 % | Feb/23 |
| Interest Rate | 1.75 % | Dec/22 |
| Loans to Private Sector | 14853469 TWD Million | 499.814 USD Billion | Nov/22 |
| Money Supply M0 | 2890086 TWD Million | 97.25 USD Billion | Nov/22 |
| Money Supply M1 | 10294000 TWD Million | 346.389 USD Billion | Nov/22 |
| Money Supply M2 | 57502036 TWD Million | 1934.923 USD Billion | Dec/22 |
| Central Bank Balance Sheet | 19442884 TWD Million | 654.246 B USD | Dec/22 |
| Foreign Direct Investment | 849 USD Million | 0.849 B USD | Nov/22 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Minimum Wages | 26400 TWD/Month | 888.35 USD/Month | 2023 |
| Unemployment Rate | 3.61 % | Dec/22 |
| Wages | 51157 TWD/Month | 1721.415 USD/Month | Nov/22 |
| Youth Unemployment Rate | 12.07 % | Nov/22 |
| Employed Persons | 11451 Thousand Person | 11.451 Million Person | Dec/22 |
| Labor Force Participation Rate | 59.17 % | Dec/22 |
| Unemployed Persons | 418 Thousand Persons | 0.418 Million Persons | Dec/22 |
| Wages in Manufacturing | 54695 TWD/Month | 1840.467 USD/Month | Nov/22 |
Taxes
| Indicator | Data | Period |
|---|---|---|
| Corporate Tax Rate | 20 % | 2022 |
| Personal Income Tax Rate | 40 % | 2022 |
| Sales Tax Rate | 5 % | 2022 |
| Social Security Rate | 15.76 % | 2021 |
| Social Security Rate For Companies | 12.15 % | 2021 |
| Social Security Rate For Employees | 3.61 % | 2021 |
Production Indicators
| Indicator | Data | Period |
|---|---|---|
| Crude Oil Production | 0.2 BBL/D/1K | Mar/22 |
| Industrial Production | -7.93 % | Dec/22 |
| Mining Production | -0.8 % | Dec/22 |
| Steel Production | 1700 Thousand Tonnes | Dec/20 |
| Car Production | 24197 Units | 24.197 Units | Dec/22 |
| Industrial Production (MoM) | -0.89 % | Dec/22 |
Business Indicators
| Indicator | Data | Period |
|---|---|---|
| Bankruptcies | 2223 companies | Nov/22 |
| Corruption Index | 68 index points | 2022 |
| Corruption Rank | 25 place | 2022 |
| Ease of Doing Business | 15 place | 2019 |
| Manufacturing PMI | 44.3 index points | Jan/23 |
| Manufacturing Production | -8.4 % | Dec/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 | 59.73 index points | Jan/23 |
| Retail Sales MoM | 5 % | Dec/22 |
| Retail Sales YoY | 9.4 % | Dec/22 |
| Consumer Credit | 10991298 TWD Million | 369.853 USD Billion | Nov/22 |
| Consumer Spending | 2436997 TWD Million | 82.004 USD Billion | 3Q/22 |
| Disposable Personal Income | 9727600 TWD Million | 327.33 B USD | 2021 |
