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. 2014-04-16

Actual Previous Highest Lowest Forecast Dates Unit Frequency
473.97 466.83 473.97 42.23 493.31 | 2013/12 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 42.23 493.31 2013-12-31 USD Billion [+]
GDP Constant Prices 3898337.00 2013-11-15 3830554.00 3898337.00 672100.00 3898683.70 2014-03-31 TWD Million [+]
GDP Growth Rate 2.43 2013-12-31 0.27 5.64 -5.07 0.17 2014-03-31 Percent [+]
GDP Annual Growth Rate 2.95 2013-12-31 1.66 17.06 -8.12 1.88 2014-03-31 Percent [+]
Gross Fixed Capital Formation 684546.00 2013-11-15 643010.00 767687.00 8877.00 663229.62 2014-03-31 TWD Million [+]
Gross National Product 4162937.00 2013-11-15 3980762.00 4162937.00 99800.00 4097153.81 2014-03-31 TWD Million [+]
[+]


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 Productivity at 102.11 Index Points  
Productivity in Taiwan increased to 102.11 Index Points in January of 2014 from 97.35 Index Points in December of 2013. Productivity in Taiwan is reported by the DGBAS, Taiwan.
Taiwan Producer Prices at 97.00 Index Points  
Producer Prices in Taiwan decreased to 97 Index Points in March of 2014 from 97.39 Index Points in February of 2014. Producer Prices in Taiwan is reported by the DGBAS, Taiwan.
Taiwan Remittances at 36.00 USD Million  
Remittances in Taiwan remained unchanged at 36 USD Million in the fourth quarter of 2013 from 36 USD Million in the third quarter of 2013. Remittances in Taiwan is reported by the Central Bank of the Republic of China (Taiwan).
Taiwan Terms of Trade at 103.00 Index Points  
Terms of Trade in Taiwan increased to 103 Index Points in March of 2014 from 102.50 Index Points in February of 2014. Terms of Trade in Taiwan is reported by the DGBAS, Taiwan.
Taiwan Tourist Arrivals at 364.95 Thousand  
Tourist Arrivals in Taiwan increased to 364.95 Thousand in February of 2014 from 335.30 Thousand in January of 2014. Tourist Arrivals in Taiwan is reported by the DGBAS, Taiwan.
Taiwan Unemployed Persons at 466.00 Thousand  
The number of unemployed persons in Taiwan decreased to 466 Thousand in February of 2014 from 468 Thousand in January of 2014. Unemployed Persons in Taiwan is reported by the DGBAS, Taiwan.
Taiwan Unemployment Rate at 4.05 Percent  
Unemployment Rate in Taiwan decreased to 4.05 percent in February of 2014 from 4.07 percent in January of 2014. Unemployment Rate in Taiwan is reported by the National Statistics, Republic of China.
Taiwan Average Monthly Wages in Manufacturing at 81895.00 TWD  
Wages in Manufacturing in Taiwan increased to 81895 TWD in January of 2014 from 44034 TWD in December of 2013. Wages in Manufacturing in Taiwan is reported by the DGBAS, Taiwan.
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 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.
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