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 (2014, yoy in %)

0.33

0.37

General Indicators

GDP in bn. USD (2016 projected)

510.4

3,857.9

GDP per capita in USD (2016 projected)

21,703

45.823

Economic growth rate (2015)

0.75%

1.6%

Economic growth rate 2016 (projected)     

1.47%

1.0%

Average wage in USD/month (2016)

1,197.08

4,356.8

Gross fixed investment in % of GDP (2014)

21.3

17.37

Inflation rate (2015, yoy in %)

-0.31

 0.9

Inflation rate (April 2016, yoy in %)

-1.77

0.7

Labor force

Working population in mil. (2016)

11.24

40.51

Unemployment rate (2016)

3.89%

4.9%

Foreign trade

Export in bn. USD (2016 Q1)

84.92

1,503.08

Import in bn. USD (2016 Q1)

67.96

1,231.48

External debt in bn. USD
(Dec. 2014)

171

5,756

Foreign exchange reserve in bn. USD (2016 April)

433.2

28.08

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