The Gross Domestic Product (GDP) in Taiwan was worth 668.50 billion US dollars in 2020, according to official data from the World Bank. The GDP value of Taiwan represents 0.59 percent of the world economy. source: World Bank

GDP in Taiwan averaged 315.02 USD Billion from 1980 until 2020, reaching an all time high of 668.50 USD Billion in 2020 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 October of 2021.

GDP in Taiwan is expected to reach 689.00 USD Billion by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Taiwan GDP is projected to trend around 700.00 USD Billion in 2022 and 725.00 USD Billion in 2023, according to our econometric models.

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Taiwan GDP

Taiwan Last Unit Reference Previous Highest Lowest
GDP 668.50 USD Billion Dec/20 612.20 668.50 42.30
GDP From Utilities 77683.00 TWD Million Jun/21 75611.00 131930.00 12319.00
GDP From Transport 107991.00 TWD Million Jun/21 123595.00 1476000.00 23446.00
GDP From Services 2944848.00 TWD Million Jun/21 3082123.00 3198786.00 319254.00
GDP From Public Administration 282287.00 TWD Million Jun/21 281031.00 282287.00 85657.00
GDP From Mining 3118.00 TWD Million Jun/21 2904.00 13220.00 2236.00
GDP From Manufacturing 1817941.00 TWD Million Jun/21 1706030.00 1817941.00 134131.00
GDP From Construction 127800.00 TWD Million Jun/21 125347.00 132934.00 45162.00
GDP From Agriculture 90859.00 TWD Million Jun/21 88573.00 115841.00 63503.00

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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