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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 8.92 % 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
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 8.92 % 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



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
gold_reserve_icon
424
Tonnes
#12 from 114 countries
Foreign Exchange Reserves
gold_reserve_icon
543.3
USD Billion
#6 from 114 countries


Government Budget Value
balance_icon
-16.305
USD Billion
#96 from 113 countries
Inflation Rate
inflation_icon
1.89
%
#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
4.15
%
#125 from 171 countries
Wages
salary_icon
1857.856
USD/Month
#30 from 82 countries