According to the International Monetary Fund, Taiwan's gross domestic product per capita reached US$32,756 in 2022. In terms of nominal GDP, Taiwan ranks close to Poland and Switzerland, while its GDP per capita expressed as purchasing power parity is similar to that of the Bahamas and South Korea.
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The economy of Taiwan is a highly developed free-market economy. It is the 8th largest in Asia and 20th-largest in the world by purchasing power parity, ...
The service sector of Taiwan's economy is now its most dynamic and fastest growing, accounting for some two-thirds of the annual gross domestic product (GDP).
Apr 28, 2024 · First-quarter exports rose 12.9% year-on-year, compared with the fourth-quarter's annual expansion of just 3.4%, as Taiwan's tech-heavy ...
Feb 21, 2024 · Taiwan's export-reliant economy is likely to grow at a modest but steady rate in 2024—but Taiwan's economic growth is likely to fall short ...
Taiwan - Index of Economic Freedom - The Heritage Foundation
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Taiwan's economic freedom score is 80, making its economy the 4th freest in the 2024 Index of Economic Freedom. Its rating has decreased by 0.7 point from ...
Taiwan's Economy In 1992, Taiwan's total trade was over $180 billion and represented 82 percent of GDP. In 2012, Taiwan's trade represented 140 percent of GDP ...
Apr 30, 2024 · Taiwan's economy expanded at the fastest pace in almost three years as global demand for artificial intelligence-related technologies fueled ...
The economic outlook for Taiwan will improve in 2024, as inventory de-stocking and a stabilisation of Chinese economic activity revive demand for the island's ...
Apr 30, 2024 · The research firm projects Taiwan's economic growth at 5.5% this year, well above consensus views.