Economy of Taiwan
Economy of
the Republic of China (Taiwan)
Currency
New Taiwan dollar
(NT$)
Exchange rate
(av) (2007)
TWD:$ USD = 32.84
Fiscal year
Calendar year (01 Jan
to 31 Dec)
Trade
organizations
WTO, APEC, and others
(as Separate Customs
Territory of Taiwan,
Penghu, Kinmen and
Matsu)
Statistics
GDP
(Nominal)
(2007)
$383.3 billion (ranked
24th)
GDP (PPP)
(2007)
$695.4 billion (ranked
19th)
GDP per capita
(Nominal)
(2007)
$16.590 (ranked 40th)
GDP per capita
(PPP) (2007)
$30,100 (ranked 34th)
GDP growth
rate (2007)
5.7% (official data)
GDP by sector
(2007)
services (primary)
(71.1%)
industry (secondary)
(27.5%)
agriculture (tertiary)
(1.4%)
Interest rates
(2008-08-27)
Discount rate: 3.625%%
Overnight rate:2.161%
Inflation rate
(CPI)
1.8% (2007 est.)
Household in-
come or con-
sumption by
percentage
share (2007)
lowest 10%: 6.7%,
highest 10%: 41.1%
Population be-
low poverty
line (2007)
0.95%
Gini index
(2005)
34[1] (List of countries)
Labor force
(2007)
10.78 million
Labor force by
occupation
(2007)
agriculture (5.3%), in-
dustry (36.8%), services
(57.9%)
Unemployment
rate (09-2008)
4.27% [1]
Industrial pro-
duction
growth rate
(2007)
7.5%
Main
industries
electronics, petroleum
refining, armaments,
chemicals, textiles, iron
and steel, machinery,
cement, food pro-
cessing, vehicles, con-
sumer products,
pharmaceuticals
Agricultural
products
rice, corn, vegetables,
fruit, tea; pigs, poultry,
beef, milk; fish
Natural
resources
small deposits of coal,
natural gas, limestone,
marble, and asbestos
Investment
(gross fixed)
(2007)
21.2% of GDP
Stock of direct
foreign invest-
ment - at
home (2006)
$92.83 billion
Stock of direct
foreign invest-
ment - abroad
(2006)
$108.9 billion
Market value
of publicly
traded shares
(2006)
$654 billion
Trade
Current ac-
count balance
(2007)
$31.7 billion
(ranked xth)
From Wikipedia, the free encyclopedia
Economy of Taiwan
1
Exports (2007) $246.7 billion f.o.b.
Principal ex-
ports (2002)
electronic and electrical
products, metals, tex-
tiles, plastics, chemic-
als, auto parts
Main de