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    Economy of Taiwan

    "Economy of the Republic of China" redirects here. For the economic history of the Republic of China while based on the Chinese mainland, see Economic history of China (1912–49).

    Taipei, the capital and financial center of Taiwan

    CurrencyNew Taiwan dollar (TWD)

    Fiscal year

    Calendar year

    Trade organizations

    WTO, APEC and ICC

    Country group

    Population 23,196,178 (May 2022)[3]
    GDP
    GDP rank

    GDP growth

    GDP per capita

    GDP per capita rank

    GDP by sector

    Inflation (CPI)

    3% (July 2022 est.)[7]

    Population below poverty line

    1.5% (2012 est.)[6]

    Gini coefficient

    33.6 medium (2014)[6]

    Human Development Index

    0.926 very high (2021)[note 1]

    Labor force

    15 million (2022 est.)[6]

    Labor force by occupation

    Unemployment 3.74% (2022)[7]

    Average gross salary

    NT$ 45,520
    US$1,407 per month (2023-07)

    Average net salary

    NT$ 41,497
    US$1,282 per month (2023-07)

    Main industries

    • Electronics, communicati

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