Browse a full set of economic indicators


Includes historical data for Taiwan’s Gross Domestic Product growth, debt-to-GDP ratio and more, as well as information on trade, banking and financial sector leadership.

Dominating The Global Semiconductor Industry

Taiwan is one of the world’s top 20 economies in terms of GDP and the global leader in semiconductor manufacturing, contributing over 60% of the world’s raw semiconductors and more than 90% of the most advanced ones.

A crucial locus for regional and global trade and investment, Taiwan boasts a highly skilled workforce of 24 million people, a well-developed institutional framework, a wide range of financial services, and attractive incentives for foreign investors. Challenges include over-reliance on the technology sector and mainland Chinese demand, an aging population and tenuous diplomatic status.

Macroeconomy & Sovereign Data

Type of Government Democracy
Capital Taipei
Sovereign Ratings S&P: AA
Moody’s: Aa3
Fitch: AA
Total Population 23.3 million
Median Age 42.5
Adult Per Capita Income (PPP) 72,433.51
Total GDP (2023) 791.6 billion

Taiwan GDP & Economic Overview

Most Recent Content

Banking & Finance

Trade & Investment

Total Exports USD 377.2 billion (2022)
Leading Exports Integrated Circuits
Crude Petroleum
Photography Equipment
Natural Gas
Refined Petroleum  
Total Imports USD 728 billion (2022)
Leading Imports Integrated Circuits
Office Machinery/Parts
Refined Petroleum
Liquid Crystal Displays                                                                      
Source: World Integrated Trade Solution

Taiwan Leading Companies

Bank of Taiwan Financials
Taiwan Semiconductor Manufacturing Company Technology, Semiconductors
MediaTek Technology, Semiconductors
John Keells Holdings Technology, Semiconductors
Hon Hai Precision Industry Technology, Electronics Manufacturing Services
Quanta Computer Inc. Technology, Hardware & Equipment
Cathay Financial Holding Conglomerates, Financials, Insurance
Evergreen Marine Corp. Transportation, Shipping & Ports

Data Sources:

IMF World Economic Outlook

UN World Population Prospects

World Inequality Report

S&P Global Ratings


Fitch Ratings

IMF Direction of Trade Statistics (DOTS)

UN Conference on Trade and Development (UNCTAD)

CIA The World Factbook

World Bank’s World Integrated Trade Solution

Forbes Global 2000