Taiwan GDP

The Gross Domestic Product (GDP) in Taiwan was worth 473.97 billion US dollars in 2012. The GDP value of Taiwan represents 0.76 percent of the world economy. From 1980 until 2012, Taiwan GDP averaged 246.1 USD Billion reaching an all time high of 474.0 USD Billion in December of 2012 and a record low of 42.2 USD Billion in December of 1980. 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. This page provides - Taiwan GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-23

Actual Previous Highest Lowest Forecast Dates Unit Frequency
473.97 466.83 473.97 42.23 500.50 | 2014/06 1980 - 2012 USD Billion Yearly

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Taiwan GDP
LIST BY COUNTRY

GDP Last Previous Highest Lowest Forecast Unit
GDP 473.97 2012-12-31 466.83 473.97 42.23 500.50 2014-06-30 USD Billion [+]
GDP Constant Prices 3898337.00 2013-11-15 3830554.00 3898337.00 672100.00 3922395.91 2014-06-30 TWD Million [+]
GDP Growth Rate 2.43 2013-12-31 0.27 5.64 -5.07 1.58 2014-06-30 Percent [+]
GDP Annual Growth Rate 2.95 2013-12-31 1.66 17.06 -8.12 2.17 2014-06-30 Percent [+]
Gross Fixed Capital Formation 684546.00 2013-11-15 643010.00 767687.00 8877.00 637971.91 2014-06-30 TWD Million [+]
Gross National Product 4162937.00 2013-11-15 3980762.00 4162937.00 99800.00 4054121.91 2014-06-30 TWD Million [+]
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GDP | Notes
The gross domestic product (GDP) or gross domestic income (GDI) is one of the measures of national income and output. GDP can be defined in three ways, which should give identical results. First, it is equal to the total expenditures for all final goods and services produced within the country in a specified period of time (usually a 365-day year). Second, it is equal to the sum of the value added at every stage of production by all the industries, plus taxes and minus subsidies on products. Third, it is equal to the sum of the income generated by production like compensation of employees, taxes on production and imports less subsidies, and gross operating surplus.


RELATED NEWS

Taiwan Consumer Confidence at 80.96  
Consumer Confidence in Taiwan decreased to 80.96 in March of 2014 from 82.93 in February of 2014. Consumer Confidence in Taiwan is reported by the Research Center for Taiwan Economic Development (RCTED).
Taiwan Bankruptcies at 1386.00 Companies  
Bankruptcies in Taiwan decreased to 1386 Companies in February of 2014 from 2031 Companies in January of 2014. Bankruptcies in Taiwan is reported by the Ministry of Economic Affairs, R.O.C.
Taiwan Balance of Trade at 59225.00 TWD Million  
Taiwan recorded a trade surplus of 59225 TWD Million in March of 2014. Balance of Trade in Taiwan is reported by the Ministry of Finace, R.O.C.
Taiwan Current Account at 17138.00 USD Million  
Taiwan recorded a Current Account surplus of 17138 USD Million in the fourth quarter of 2013. Current Account in Taiwan is reported by the Central Bank of the Republic of China (Taiwan).
Taiwan Total Registered Cars at 21535.01 Thousand  
Car Registrations in Taiwan decreased to 21535.01 Thousand in March of 2014 from 21583.38 Thousand in February of 2014. Car Registrations in Taiwan is reported by the Ministry of Transportation, R.O.C.
Taiwan Changes in Inventories at -21242.00 TWD Million  
Changes in Inventories in Taiwan decreased to -21242 TWD Million in the fourth quarter of 2013 from -12404 TWD Million in the third quarter of 2013. Changes in Inventories in Taiwan is reported by the DGBAS, Taiwan.
Taiwan Consumer Price Index (CPI) at 103.05 Index Points  
Consumer Price Index (CPI) in Taiwan increased to 103.05 Index Points in March of 2014 from 102.85 Index Points in February of 2014. Consumer Price Index (CPI) in Taiwan is reported by the DGBAS, Taiwan.
Taiwan Consumer Spending at 2071523.00 TWD Million  
Consumer Spending in Taiwan increased to 2071523 TWD Million in the fourth quarter of 2013 from 2050880 TWD Million in the third quarter of 2013. Consumer Spending in Taiwan is reported by the DGBAS, Taiwan.
Taiwan Core Consumer Prices at 102.18 Index Points  
Core Consumer Prices in Taiwan increased to 102.18 Index Points in March of 2014 from 102.16 Index Points in February of 2014. Core Consumer Prices in Taiwan is reported by the DGBAS, Taiwan.
Taiwan Inflation Rate at 1.61 Percent  
The inflation rate in Taiwan was recorded at 1.61 percent in March of 2014. Inflation Rate in Taiwan is reported by the National Statistics, Republic of China.
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US Markit Manufacturing PMI Steady in April  
At 55.4 in April, the Markit Flash U.S. Manufacturing PMI was down fractionally from 55.5 in March, but still well above the neutral 50.0 value. Sharper rates of output and new business growth boosted the Manufacturing PMI during April, while the main negative influence on the headline index was a rise in the suppliers’ delivery times component.
Bank of Thailand Leaves Interest Rate Unchanged  
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South Africa Inflation Rate Back to 6%  
South African annual consumer prices accelerated for the fourth straight month in March of 2014 to a six-month high 6 percent. On a monthly basis, prices advanced 1.3 percent, the fastest pace in five years.
Singapore Inflation Rate Edges Up in March  
Annual consumer prices rose 1.2 percent in March of 2014, up from a 0.4 percent increase in February, mainly due to a smaller fall in car prices. Contributions from all other major categories, except accommodation, were also slightly higher.
Australia Inflation Rate Accelerates Further in Q1  
Australian annual consumer prices advanced 2.9 percent in the first three months of 2014, up from 2.7 percent in the previous quarter, but below market forecasts. The rise was driven by seasonal increases in cost of healthcare, transport and school fees, and by a large hike in tobacco duties.
Mexico Unemployment Rate Up to 4.8% in March  
Mexican unadjusted jobless rate rose to 4.8 percent in March of 2014, up from 4.65 percent in February and 4.51 percent a year earlier. Upon seasonal adjustment, the unemployment rate rose to its highest in more than one year to 5.25 percent.
Hong Kong Unemployment Rate Unchanged in March  
Hong Kong’ seasonally adjusted jobless rate remained steady at 3.1 percent for the third consecutive period in January to March of 2014, down from 3.5 percent a year earlier.
Hong Kong Inflation Rate Unchanged in March  
Hong Kong annual consumer prices rose 3.9 percent in March of 2014, the same rate recorded in February. In the first quarter of 2014, the inflation rate rose by 4.2 percent over a year earlier. The corresponding increase after netting out the effects of all Government's one-off relief measures was 3.8 percent.
China Cuts Reserve Ratio for Rural Banks  
The People's Bank of China decided to cut the reserve requirement ratio by 2 percentage points for rural commercial banks and by 0.5 percentage point for rural credit cooperatives, aiming to stimulate growth in some parts of the country. The cut will be effective from April 25th, 2014.
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