The Gross Domestic Product (GDP) in Taiwan was worth 605 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Taiwan represents 0.50 percent of the world economy.

GDP in Taiwan averaged 304.97 USD Billion from 1980 until 2019, reaching an all time high of 605 USD Billion in 2019 and a record low of 42.30 USD Billion in 1980. This page provides - Taiwan GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Taiwan GDP - values, historical data and charts - was last updated on August of 2020. source: World Bank

GDP in Taiwan is expected to reach 615.00 USD Billion by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Taiwan GDP is projected to trend around 625.00 USD Billion in 2021 and 650.00 USD Billion in 2022, according to our econometric models.

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Taiwan GDP

Actual Previous Highest Lowest Dates Unit Frequency
605.00 589.91 605.00 42.30 1980 - 2019 USD Billion Yearly
Current USD

Taiwan GDP Last Previous Highest Lowest Unit
GDP Growth Rate -2.28 -0.91 8.42 -4.48 percent [+]
GDP Annual Growth Rate -0.73 1.59 17.26 -7.88 percent [+]
GDP 605.00 589.91 605.00 42.30 USD Billion [+]
GDP Constant Prices 4820427.00 4873576.00 4873576.00 650008.00 TWD Million [+]
Gross National Product 4698286.00 5073754.00 5073754.00 82082.00 TWD Million [+]
Gross Fixed Capital Formation 1019871.00 1157519.00 1157519.00 8735.00 TWD Million [+]
GDP From Agriculture 90573.00 102171.00 115841.00 63503.00 TWD Million [+]
GDP From Construction 109294.00 98620.00 132934.00 45162.00 TWD Million [+]
GDP From Manufacturing 1465318.00 1642328.00 1673884.00 134131.00 TWD Million [+]
GDP From Mining 2915.00 3714.00 13220.00 2236.00 TWD Million [+]
GDP From Public Administration 278984.00 259171.00 281195.00 85657.00 TWD Million [+]
GDP From Services 2883983.00 3079536.00 3079536.00 319254.00 TWD Million [+]
GDP From Transport 130148.00 148301.00 148301.00 23446.00 TWD Million [+]
GDP From Utilities 72816.00 79770.00 131930.00 12319.00 TWD Million [+]


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.
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