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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 611 USD Billion 2019
GDP Annual Growth Rate 8.16 % 1Q/21
GDP Growth Rate 3.09 % 1Q/21
Inflation Rate YoY 2.09 % Apr/21
Interest Rate 1.13 % Mar/21
Unemployment Rate 3.72 % Mar/21
Wages 79748 TWD/Month | 2874.229 USD/Month Feb/21
Balance of Trade 6180 USD Million | 6.18 B USD Apr/21
Current Account 27334 USD Million | 27.334 B USD 4Q/20
Foreign Exchange Reserves 5411 USD HML | 541.1 B USD Apr/21


GDP
vvp
611
USD Billion
#23 from 174 countries
GDP per capita
vvp
N/A
# from countries


GDP Indicators

Indicator Data Period
GDP Value 611 USD Billion 2019
GDP Annual Growth Rate 8.16 % 1Q/21
GDP Growth Rate 3.09 % 1Q/21
Gross National Product 5496971 TWD Million | 198.118 USD Billion 4Q/20
GDP Constant Prices 5097245 TWD Million | 183.712 B USD 4Q/20
GDP From Agriculture  103278 TWD Million | 3.722 B USD 4Q/20
GDP From Construction  107886 TWD Million | 3.888 B USD 4Q/20
GDP From Manufacturing  1782089 TWD Million | 64.229 B USD 4Q/20
GDP From Mining  3660 TWD Million | 0.132 B USD 4Q/20
GDP From Public Administration  263953 TWD Million | 9.513 B USD 4Q/20
GDP From Services  3262889 TWD Million | 117.599 B USD 4Q/20
GDP From Transport  177384 TWD Million | 6.393 B USD 4Q/20
GDP From Utilities  82797 TWD Million | 2.984 B USD 4Q/20


Budget Indicators

Indicator Data Period
Government Debt to GDP 28.2 % 2019
Government Budget Value -456 TWD Billion | -16.435 USD Billion 2021
Government Spending 675450 TWD Million | 24.344 USD Billion 4Q/20
Government Revenues 2875 TWD Billion | 103.619 USD Billion 2021
Fiscal Expenditure  3331 TWD Billion | 120.054 B USD 2021
Government Budget to GDP -4.5 % 2020
Military Expenditure 10618 USD Million | 10.618 B USD 2019


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 104 index points Apr/21
Export Prices 94.86 index points Apr/21
Food Inflation 0.61 % Apr/21
GDP Deflator 99.86 index points 4Q/20
Import Prices 103 index points Apr/21
Inflation Rate YoY 2.09 % Apr/21
Producer Prices 101 index points Apr/21
Inflation Rate Mom 0.2 % Apr/21
Core Consumer Prices 104 Index Points Apr/21
Core Inflation Rate 1.35 % Apr/21
CPI Housing Utilities 103 Index Points Apr/21
CPI Transportation 104 Index Points Apr/21
Producer Prices Change  9.62 % Apr/21


Trade Indicators

Indicator Data Period
Current Account to GDP 9.5 % 2020
Balance of Trade 6180 USD Million | 6.18 USD Billion Apr/21
Capital Flows 30052 USD Million | 30.052 USD Billion 4Q/20
Current Account 27334 USD Million | 27.334 USD Billion 4Q/20
Exports 34964 USD Million | 34.964 USD Billion Apr/21
External Debt 189873 USD Million | 189.873 USD Billion 4Q/20
Foreign Exchange Reserves 5411 USD HML | 541.1 USD Billion Apr/21
Imports 28786 USD Million | 28.786 USD Billion Apr/21
Terms of Trade  92.1 Index Points Apr/21
Tourist Arrivals 18.41 Thousand Persons | 0.018 Million Persons Mar/21


Money Indicators

Indicator Data Period
Bank Lending Rate 2.44 % Mar/21
Gold Reserves 424 Tonnes 4Q/20
Interbank Rate 0.48 % May/21
Interest Rate 1.13 % Mar/21
Loans to Private Sector 12858230 TWD Million | 463.428 USD Billion Mar/21
Money Supply M0 2474166 TWD Million | 89.172 USD Billion Mar/21
Money Supply M1 9120800 TWD Million | 328.726 USD Billion Mar/21
Money Supply M2 50920292 TWD Million | 1835.238 USD Billion Mar/21
Central Bank Balance Sheet 18426846 TWD Million | 664.129 B USD Mar/21
Foreign Direct Investment 344 USD Million | 0.344 B USD Mar/21


Labor Indicators

Indicator Data Period
Minimum Wages 24000 TWD/Month | 864.993 USD/Month 2021
Unemployment Rate 3.72 % Mar/21
Wages 79748 TWD/Month | 2874.229 USD/Month Feb/21
Youth Unemployment Rate 11.9 % Feb/21
Employed Persons 11529 Thousand Person | 11.529 Million Person Mar/21
Labor Force Participation Rate 59.2 % Mar/21
Unemployed Persons 445 Thousand Persons | 0.445 Million Persons Mar/21
Wages in Manufacturing 80582 TWD/Month | 2904.287 USD/Month Feb/21


Taxes

Indicator Data Period
Corporate Tax Rate 20 % 2021
Personal Income Tax Rate 40 % 2020
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 Feb/19
Industrial Production 16.78 % Mar/21
Mining Production 9.45 % Mar/21
Steel Production 1700 Thousand Tonnes Dec/20
Car Production 26465 Units | 26.465 Units Mar/21
Industrial Production (MoM) -1.05 % Mar/21


Business Indicators

Indicator Data Period
Bankruptcies 2432 companies Mar/21
Corruption Index 65 index points 2020
Corruption Rank 28 place 2020
Ease of Doing Business 15 place 2019
Manufacturing PMI 62.4 index points Apr/21
Manufacturing Production 18.05 % Mar/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 77.28 index points May/21
Retail Sales MoM 3.4 % Mar/21
Retail Sales YoY 12.05 % Mar/21
Consumer Credit 9696796 TWD Million | 349.486 USD Billion Mar/21
Consumer Spending 2420993 TWD Million | 87.256 USD Billion 4Q/20
Disposable Personal Income 9256300 TWD Million | 333.61 B USD 2019


Gold Reserves
gold_reserve_icon
424
Tonnes
#12 from 114 countries
Foreign Exchange Reserves
gold_reserve_icon
541.1
USD Billion
#6 from 114 countries


Government Budget Value
balance_icon
-16.435
USD Billion
#96 from 113 countries
Inflation Rate
inflation_icon
2.09
%
#137 from 174 countries


Interest Rate
discount_rate_icon
1.13
%
#123 from 159 countries
Bank Lending Rate
credit_rate_icon
2.44%
#37 from 55 countries


Unemployment Rate
unemployment_icon
3.72
%
#125 from 171 countries
Wages
salary_icon
2874.229
USD/Month
#30 from 82 countries


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