Economic Data

Taiwan

Germany

General

Area in km²

36,197

357,176

Population in mil. (2016)

23.49

80.8

Population density (residents/km²)

647.5

226

Population growth (yoy, 2nd quarter 2017)

0.2%

1.2%

General Indicators

GDP in bn. USD (2016)

529.9

3,467.0

GDP per capita in USD (2016)

22,558.5

41,936.0

Economic growth rate (yoy, 2nd quarter 2017)

2.13%

2.1%

Economic growth rate 2018 (projected)     

2.27%

2.04%

Average wage in USD/month (2016)

1,197.08

4,356.8

Gross fixed investment in % of GDP (Jun. 2017)

20.3

18.6

CPI inflation rate (2018 forecast)

0.87%

 1.6%

Labor force

Working population in mil. (Sep. 2017)

11.81

44.51

Unemployment rate (Sep. 2017)

3.77%

5.5%

Foreign trade

Export in bn. USD (2016)

280.3

1,206.9

Import in bn. USD (2016)

230.5

954.8

External debt in bn. USD
(Jun. 2017)

170.1

5,141.4

Foreign exchange reserve in bn. USD (Oct. 2017)

447.8

38.3

Major trade partners 2016

Taiwan

Germany

Supplier countries

P.R. China, Japan, USA, South Korea, Germany, Saudi Arabia, Singapore, Malaysia, Indonesia, Australia

Netherlands, P.R. China,  France, USA, Italy, UK, Poland, Belgium, Switzerland, Russia

Customer countries

P.R. China, Hong Kong, USA, Japan, Singapore, South Korea, Vietnam, Philippines, Malaysia, Germany

France, USA, UK, Netherlands, P.R. China, Austria, Italy, Belgium, Switzerland, Poland

Main export goods

Machineries and Electrical Equipment, Basic Metals an Articles thereof, Rubber, Plastics and Products thereof, Chemicals, Iron and Steel, Mineral Products, Refined Petroleum Products, Textile Products, Metal Products (Excl. Iron and Steel)

Automobile, Machineries, Chemicals, Data Processing Equipment, Electronics, Metals and Articles thereof, Pharmaceuticals, Other Vehicles, Food & Fodder, Plastics and Articles thereof

Last update: May 2016