The Gross Domestic Product (GDP) in Taiwan was worth 589.39 billion US dollars in 2018. The GDP value of Taiwan represents 0.95 percent of the world economy. GDP in Taiwan averaged 297.23 USD Billion from 1980 until 2018, reaching an all time high of 589.39 USD Billion in 2018 and a record low of 42.30 USD Billion in 1980.

GDP in Taiwan is expected to be 605.00 USD Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Taiwan GDP is projected to trend around 646.00 USD Billion in 2020, according to our econometric models.

Taiwan GDP
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Taiwan GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.58 0.31 5.64 -5.07 percent [+]
GDP Annual Growth Rate 1.71 1.80 17.06 -8.12 percent [+]
GDP 589.39 574.90 589.39 42.30 USD Billion [+]
GDP Constant Prices 4249944.00 4225496.00 4249944.00 604229.00 TWD Million [+]
Gross National Product 4399769.00 4653347.00 4710479.00 82082.00 TWD Million [+]
Gross Fixed Capital Formation 937787.00 963829.00 990331.00 8907.00 TWD Million [+]
GDP From Agriculture 53909.00 63126.00 72053.00 39800.00 TWD Million [+]
GDP From Construction 101390.00 84929.00 121071.00 41088.00 TWD Million [+]
GDP From Manufacturing 1175034.00 1360901.00 1393802.00 130647.00 TWD Million [+]
GDP From Mining 3334.00 4136.00 15925.00 2701.00 TWD Million [+]
GDP From Public Administration 271673.00 256577.00 280931.00 85791.00 TWD Million [+]
GDP From Services 2699935.00 2821667.00 2821667.00 317742.00 TWD Million [+]
GDP From Transport 128061.00 128265.00 128265.00 20691.00 TWD Million [+]
GDP From Utilities 30405.00 41551.00 61237.00 5349.00 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. This page provides - Taiwan GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Taiwan GDP - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
589.39 574.90 589.39 42.30 1980 - 2018 USD Billion Yearly
Current USD




Country Last Previous
United States 20494.10 Dec/18
Euro Area 13669.95 Dec/18
China 13608.15 Dec/18
Japan 4970.92 Dec/18
Germany 3996.76 Dec/18
United Kingdom 2825.21 Dec/18
France 2777.54 Dec/18
India 2726.32 Dec/18
Italy 2073.90 Dec/18
Brazil 1868.63 Dec/18
Canada 1709.30 Dec/18
Russia 1657.60 Dec/18
South Korea 1619.42 Dec/18
Australia 1432.20 Dec/18
Spain 1426.19 Dec/18
Mexico 1223.81 Dec/18
Indonesia 1042.17 Dec/18
Netherlands 912.87 Dec/18
Saudi Arabia 782.48 Dec/18
Turkey 766.51 Dec/18
Switzerland 705.50 Dec/18
Argentina 518.50 Dec/18
South Africa 366.30 Dec/18
Singapore 364.16 Dec/18


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