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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 -0.58 % 2Q/20
GDP Growth Rate -1.4 % 2Q/20
Inflation Rate YoY -0.33 % Aug/20
Interest Rate 1.13 % Sep/20
Unemployment Rate 3.83 % Aug/20
Wages 55505 TWD/Month | 1906.481 USD/Month Jul/20
Balance of Trade 6466 USD Million | 6.466 B USD Aug/20
Current Account 21769 USD Million | 21.769 B USD 2Q/20
Foreign Exchange Reserves 4982 USD HML | 498.2 B USD Aug/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 -0.58 % 2Q/20
GDP Growth Rate -1.4 % 2Q/20
Gross National Product 4761394 TWD Million | 163.544 USD Billion 2Q/20
GDP Constant Prices 4746831 TWD Million | 163.044 B USD 2Q/20
GDP From Agriculture  93650 TWD Million | 3.217 B USD 2Q/20
GDP From Construction  113221 TWD Million | 3.889 B USD 2Q/20
GDP From Manufacturing  1548277 TWD Million | 53.18 B USD 2Q/20
GDP From Mining  3024 TWD Million | 0.104 B USD 2Q/20
GDP From Public Administration  278395 TWD Million | 9.562 B USD 2Q/20
GDP From Services  2815401 TWD Million | 96.703 B USD 2Q/20
GDP From Transport  108235 TWD Million | 3.718 B USD 2Q/20
GDP From Utilities  72918 TWD Million | 2.505 B USD 2Q/20


Budget Indicators

Indicator Data Period
Government Debt to GDP 30.9 % 2018
Government Budget Value -244.2 TWD Billion | -8 USD Billion 2016
Government Spending 644360 TWD Million | 22.132 USD Billion 2Q/20
Government Revenues 2942 TWD Billion | 101.052 USD Billion 2020
Fiscal Expenditure  3076 TWD Billion | 105.654 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) 102 index points Aug/20
Export Prices 88.65 index points Aug/20
Food Inflation 0.17 % Aug/20
GDP Deflator 98.22 index points 2Q/20
Import Prices 94.36 index points Aug/20
Inflation Rate YoY -0.33 % Aug/20
Producer Prices 93.6 index points Aug/20
Inflation Rate Mom 0.18 % Aug/20
Core Consumer Prices 103 Index Points Aug/20
Core Inflation Rate 0.14 % Jul/20
CPI Housing Utilities 103 Index Points Aug/20
CPI Transportation 98.91 Index Points Aug/20
Producer Prices Change  -9.09 % Aug/20


Trade Indicators

Indicator Data Period
Current Account to GDP 10.5 % 2019
Balance of Trade 6466 USD Million | 6.466 USD Billion Aug/20
Capital Flows 23495 USD Million | 23.495 USD Billion 2Q/20
Current Account 21769 USD Million | 21.769 USD Billion 2Q/20
Exports 31174 USD Million | 31.174 USD Billion Aug/20
External Debt 199331 USD Million | 199.331 USD Billion 2Q/20
Foreign Exchange Reserves 4982 USD HML | 498.2 USD Billion Aug/20
Imports 24708 USD Million | 24.708 USD Billion Aug/20
Terms of Trade  93.9 Index Points Aug/20
Tourist Arrivals 11.75 Thousand Persons | 0.012 Million Persons Jul/20


Money Indicators

Indicator Data Period
Bank Lending Rate 2.44 % Jul/20
Gold Reserves 423 Tonnes 2Q/20
Interbank Rate 0.48 % Sep/20
Interest Rate 1.13 % Sep/20
Loans to Private Sector 12381032 TWD Million | 425.263 USD Billion Jul/20
Money Supply M0 2236960 TWD Million | 76.835 USD Billion Jul/20
Money Supply M1 7999000 TWD Million | 274.749 USD Billion Jul/20
Money Supply M2 47865360 TWD Million | 1644.075 USD Billion Jul/20
Central Bank Balance Sheet 16909574 TWD Million | 580.809 B USD Aug/20
Foreign Direct Investment 564 USD Million | 0.564 B USD Jul/20


Labor Indicators

Indicator Data Period
Minimum Wages 23800 TWD/Month | 817.48 USD/Month 2020
Unemployment Rate 3.83 % Aug/20
Wages 55505 TWD/Month | 1906.481 USD/Month Jul/20
Youth Unemployment Rate 12.01 % Jun/20
Employed Persons 11494 Thousand Person | 11.494 Million Person Aug/20
Labor Force Participation Rate 59.07 % Aug/20
Unemployed Persons 458 Thousand Persons | 0.458 Million Persons Aug/20
Wages in Manufacturing 57922 TWD/Month | 1989.5 USD/Month Jul/20


Taxes



Production Indicators

Indicator Data Period
Crude Oil Production 0.2 BBL/D/1K Feb/19
Industrial Production 4.7 % Aug/20
Mining Production 11.45 % Jul/20
Steel Production 1750 Thousand Tonnes Jul/20
Car Production 13636 Units | 13.636 Units Aug/20
Industrial Production (MoM) -0.25 % Jul/20


Business Indicators

Indicator Data Period
Bankruptcies 3132 companies Jul/20
Corruption Index 65 index points 2019
Corruption Rank 28 place 2019
Ease of Doing Business 15 place 2019
Manufacturing PMI 52.2 index points Aug/20
Manufacturing Production 2.64 % Jul/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 71.33 index points Aug/20
Retail Sales MoM 9.1 % Jul/20
Retail Sales YoY 8.17 % Aug/20
Consumer Credit 9136229 TWD Million | 313.81 USD Billion Jul/20
Consumer Spending 2323849 TWD Million | 79.819 USD Billion 2Q/20
Disposable Personal Income 9256300 TWD Million | 317.935 B USD 2019


Gold Reserves
gold_reserve_icon
423
Tonnes
#12 from 114 countries
Foreign Exchange Reserves
gold_reserve_icon
498.2
USD Billion
#6 from 114 countries


Government Budget Value
balance_icon
-8
USD Billion
#96 from 113 countries
Inflation Rate
inflation_icon
-0.33
%
#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
3.83
%
#125 from 171 countries
Wages
salary_icon
1906.481
USD/Month
#30 from 82 countries