Taiwan

1980

2026

2030

1980

2026

2030

Taiwan Economic Statistics (2026)

GDP per capita (PPP) in 2026: $88,565—among the wealthiest nations.

The economy has grown at an average rate of 3.5% over the past 5 years.

GDP per capita (PPP)

$88,565

GDP growth

+2.1%

Inflation rate

1.6%

Unemployment

3.4%

Key terms

GDP: — Gross Domestic Product—the total value of goods and services produced in a country annually.
GDP PPP: — GDP adjusted for purchasing power parity—what money actually buys in each country.
GDP per capita: — GDP divided by population—a measure of average economic output per person.
Inflation rate: — Annual percentage increase in the general price level of goods and services.
Fiscal balance: — Government revenue minus expenditure. Surplus if positive, deficit if negative.
Current account: — Net flow of goods, services, and transfers with the rest of the world.

Total economic output and annual growth rate

Total GDP is $971 billion, with steady growth of 2.1% in 2026.

Average economic output per person

GDP per capita is $41,586 in nominal terms, but $88,565 when adjusted for local purchasing power—indicating lower prices than in the US.

Consumer price inflation and labor market conditions

The economy is experiencing low inflation at 1.6% and near full employment at 3.4%.

Government debt, revenue, and expenditure as percentage of GDP

Government debt is low at 21% of GDP. The government spends more than it collects (revenue: 17.0%, expenditure: 17.1% of GDP).

Fiscal balance and current account as percentage of GDP

The country is running a fiscal deficit of 0.2% and a current account surplus of 13.1% of GDP.

Taiwan is one of the world's wealthiest economies, with GDP per capita (PPP) of $89k.