Economy of Taiwan
| Statistics | |
|---|---|
| Population | 23,548,633 (Jan 2021) |
| GDP | $759.104 billion (nominal, 2021 est.) $1.4 trillion (PPP, 2021) |
| GDP rank | 21st (nominal, 2021) 19th (PPP, 2021) |
| GDP growth | 3.11% (2020) 4.64% (2021 est.) |
How much did GDP go down in 2008?
Beyond its duration, the Great Recession was notably severe in several respects. Real gross domestic product (GDP) fell 4.3 percent from its peak in 2007Q4 to its trough in 2009Q2, the largest decline in the postwar era (based on data as of October 2013).
What is the gross domestic product of Taiwan?
Taiwan GDP. The gross domestic product (GDP) measures of national income and output for a given country’s economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time.
What was the GDP of Taiwan in 1984?
Taiwan: Gross domestic product (GDP) in current prices from 1984 to 2024 (in billion U.S. dollars) In 2018, Taiwan’s gross domestic product amounted to around 589.39 billion U.S. dollars. In 2018, Taiwan’s gross domestic product amounted to around 589.39 billion U.S. dollars.
Which is the most important industry in Taiwan?
Within services, the most important are wholesale and retail trade (17.3 percent of GDP); real estate (8 percent of GDP); and public administration and defense (6.4 percent of GDP). This page provides – Taiwan GDP Annual Growth Rate – actual values, historical data, forecast, chart, statistics, economic calendar and news.
What was the GDP of Taiwan in 2020?
GDP in Taiwan is expected to be 605.00 USD Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Taiwan GDP is projected to trend around 646.00 USD Billion in 2020, according to our econometric models. Historical. Forecast.
