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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 605 USD Billion 2019
GDP Annual Growth Rate 3.33 % 3Q/20
GDP Growth Rate 4.42 % 3Q/20
Inflation Rate YoY -0.24 % Oct/20
Interest Rate 1.13 % Sep/20
Unemployment Rate 3.77 % Oct/20
Wages 50512 TWD/Month | 1772.026 USD/Month Sep/20
Balance of Trade 7463 USD Million | 7.463 B USD Oct/20
Current Account 28651 USD Million | 28.651 B USD 3Q/20
Foreign Exchange Reserves 5012 USD HML | 501.2 B USD Oct/20


GDP
vvp
605
USD Billion
#23 from 174 countries
GDP per capita
vvp
N/A
# from countries


GDP Indicators

Indicator Data Period
GDP Value 605 USD Billion 2019
GDP Annual Growth Rate 3.33 % 3Q/20
GDP Growth Rate 4.42 % 3Q/20
Gross National Product 4761394 TWD Million | 167.036 USD Billion 2Q/20
GDP Constant Prices 4746831 TWD Million | 166.525 B USD 2Q/20
GDP From Agriculture  93650 TWD Million | 3.285 B USD 2Q/20
GDP From Construction  113221 TWD Million | 3.972 B USD 2Q/20
GDP From Manufacturing  1548277 TWD Million | 54.316 B USD 2Q/20
GDP From Mining  3024 TWD Million | 0.106 B USD 2Q/20
GDP From Public Administration  278395 TWD Million | 9.766 B USD 2Q/20
GDP From Services  2815401 TWD Million | 98.768 B USD 2Q/20
GDP From Transport  108235 TWD Million | 3.797 B USD 2Q/20
GDP From Utilities  72918 TWD Million | 2.558 B USD 2Q/20


Budget Indicators

Indicator Data Period
Government Debt to GDP 28.2 % 2019
Government Budget Value -244.2 TWD Billion | -8 USD Billion 2016
Government Spending 644360 TWD Million | 22.605 USD Billion 2Q/20
Government Revenues 2942 TWD Billion | 103.209 USD Billion 2020
Fiscal Expenditure  3076 TWD Billion | 107.91 B USD 2020
Government Budget to GDP -1.3 % 2019
Military Expenditure 10458 USD Million | 10.458 B USD 2018


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 103 index points Oct/20
Export Prices 88.41 index points Oct/20
Food Inflation -0.28 % Oct/20
GDP Deflator 98.22 index points 2Q/20
Import Prices 93.38 index points Oct/20
Inflation Rate YoY -0.24 % Oct/20
Producer Prices 93.08 index points Oct/20
Inflation Rate Mom -0.08 % Oct/20
Core Consumer Prices 104 Index Points Oct/20
Core Inflation Rate 0.53 % Oct/20
CPI Housing Utilities 102 Index Points Oct/20
CPI Transportation 99.1 Index Points Oct/20
Producer Prices Change  -7.37 % Oct/20


Trade Indicators

Indicator Data Period
Current Account to GDP 10.5 % 2019
Balance of Trade 7463 USD Million | 7.463 USD Billion Oct/20
Capital Flows 28550 USD Million | 28.55 USD Billion 3Q/20
Current Account 28651 USD Million | 28.651 USD Billion 3Q/20
Exports 32232 USD Million | 32.232 USD Billion Oct/20
External Debt 190813 USD Million | 190.813 USD Billion 3Q/20
Foreign Exchange Reserves 5012 USD HML | 501.2 USD Billion Oct/20
Imports 24769 USD Million | 24.769 USD Billion Oct/20
Terms of Trade  94.7 Index Points Oct/20
Tourist Arrivals 23.52 Thousand Persons | 0.024 Million Persons Sep/20


Money Indicators

Indicator Data Period
Bank Lending Rate 2.44 % Sep/20
Gold Reserves 423 Tonnes 2Q/20
Interbank Rate 0.48 % Nov/20
Interest Rate 1.13 % Sep/20
Loans to Private Sector 12558941 TWD Million | 440.584 USD Billion Sep/20
Money Supply M0 2277450 TWD Million | 79.896 USD Billion Sep/20
Money Supply M1 8274700 TWD Million | 290.287 USD Billion Sep/20
Money Supply M2 48691516 TWD Million | 1708.161 USD Billion Oct/20
Central Bank Balance Sheet 17321336 TWD Million | 607.655 B USD Oct/20
Foreign Direct Investment 991 USD Million | 0.991 B USD Oct/20


Labor Indicators

Indicator Data Period
Minimum Wages 23800 TWD/Month | 834.935 USD/Month 2020
Unemployment Rate 3.77 % Oct/20
Wages 50512 TWD/Month | 1772.026 USD/Month Sep/20
Youth Unemployment Rate 12.39 % Oct/20
Employed Persons 11506 Thousand Person | 11.506 Million Person Oct/20
Labor Force Participation Rate 59.09 % Oct/20
Unemployed Persons 451 Thousand Persons | 0.451 Million Persons Oct/20
Wages in Manufacturing 50469 TWD/Month | 1770.517 USD/Month Sep/20


Taxes

Indicator Data Period
Corporate Tax Rate 20 % 2020
Personal Income Tax Rate 40 % 2019
Sales Tax Rate 5 % 2020
Social Security Rate 14.02 % 2019
Social Security Rate For Companies 10.87 % 2019
Social Security Rate For Employees 3.15 % 2019


Production Indicators

Indicator Data Period
Crude Oil Production 0.2 BBL/D/1K Feb/19
Industrial Production 7.06 % Oct/20
Mining Production 3.49 % Oct/20
Steel Production 1605 Thousand Tonnes Sep/20
Car Production 21605 Units | 21.605 Units Oct/20
Industrial Production (MoM) -1.4 % Oct/20


Business Indicators

Indicator Data Period
Bankruptcies 2399 companies Sep/20
Corruption Index 65 index points 2019
Corruption Rank 28 place 2019
Ease of Doing Business 15 place 2019
Manufacturing PMI 55.1 index points Oct/20
Manufacturing Production 7.63 % Oct/20
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 71.1 index points Oct/20
Retail Sales MoM 9.5 % Oct/20
Retail Sales YoY 3.26 % Oct/20
Consumer Credit 9288860 TWD Million | 325.865 USD Billion Sep/20
Consumer Spending 2323849 TWD Million | 81.524 USD Billion 2Q/20
Disposable Personal Income 9256300 TWD Million | 324.723 B USD 2019


Gold Reserves
gold_reserve_icon
423
Tonnes
#12 from 114 countries
Foreign Exchange Reserves
gold_reserve_icon
501.2
USD Billion
#6 from 114 countries


Government Budget Value
balance_icon
-8
USD Billion
#96 from 113 countries
Inflation Rate
inflation_icon
-0.24
%
#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
3.77
%
#125 from 171 countries
Wages
salary_icon
1772.026
USD/Month
#30 from 82 countries


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