The Gross Domestic Product (GDP) in Taiwan was worth 605 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Taiwan represents 0.50 percent of the world economy. source: World Bank

GDP in Taiwan averaged 304.97 USD Billion from 1980 until 2019, reaching an all time high of 605 USD Billion in 2019 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 2020.

GDP in Taiwan is expected to reach 580.00 USD Billion by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Taiwan GDP is projected to trend around 615.00 USD Billion in 2021 and 630.00 USD Billion in 2022, according to our econometric models.

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Taiwan GDP

Actual Previous Highest Lowest Dates Unit Frequency
605.00 589.91 605.00 42.30 1980 - 2019 USD Billion Yearly
Current USD

Taiwan GDP Last Previous Highest Lowest Unit
GDP Growth Rate -1.40 -1.03 8.42 -4.48 percent [+]
GDP Annual Growth Rate -0.58 2.20 17.26 -7.88 percent [+]
GDP 605.00 589.91 605.00 42.30 USD Billion [+]
GDP Constant Prices 4746831.00 4820427.00 4873576.00 650008.00 TWD Million [+]
Gross National Product 4761394.00 4698286.00 5073754.00 82082.00 TWD Million [+]
Gross Fixed Capital Formation 1072982.00 1019871.00 1157519.00 8735.00 TWD Million [+]
GDP From Agriculture 93650.00 90573.00 115841.00 63503.00 TWD Million [+]
GDP From Construction 113221.00 109294.00 132934.00 45162.00 TWD Million [+]
GDP From Manufacturing 1548277.00 1465318.00 1673884.00 134131.00 TWD Million [+]
GDP From Mining 3024.00 2915.00 13220.00 2236.00 TWD Million [+]
GDP From Public Administration 278395.00 278984.00 281195.00 85657.00 TWD Million [+]
GDP From Services 2815401.00 2883983.00 3079536.00 319254.00 TWD Million [+]
GDP From Transport 108235.00 130148.00 148301.00 23446.00 TWD Million [+]
GDP From Utilities 72918.00 72816.00 131930.00 12319.00 TWD Million [+]


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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