Mining, manufacturing and utilities activities contributed 35.5% to Taiwan’s (Province of China) gross value added (GVA) in 2022, followed by wholesale, retail, and hotels activities (18.7%), and financial intermediation, real estate, and business activities (18.4%). In nominal terms, the three sectors are forecasted to grow by 4.0%, 4.0%, and 3.8%, respectively, in 2023.
Taipei is home to 10.7% of Taiwan’s (Province of China) population, and accounts for 10.8% of GDP as of 2022, according to the publisher.
Taipei is home to 10.7% of Taiwan’s (Province of China) population, and accounts for 10.8% of GDP as of 2022, according to the publisher.
Key Highlights
The TWSE Index has been on an upward trend. As of November 07, 2023, the index stood at 16,685, compared to 13,223.7 on November 07, 2022.Scope
- In August 2023, the country approved a budget of TWD588.6 billion ($19.7 billion) to foster development in public infrastructure project in 2024.
Reasons to Buy
- Macroeconomic Outlook Report identifies the potentials of the country as an investment destination by analyzing the political, economic, social, technological, legal and environmental (PESTLE) structure.
- PESTLE Insights provides 360 degree view of the economy which can be used as a strategic tool to understand the market dynamics, business potentials and direction of operations
- Along with providing the country’s snapshot, the report captures the risk factors pertaining to the macroeconomic risks, political environment, legal environment, demographic and social structure effectiveness, technology & infrastructure and natural and geographic aspects that might impact business.
- This report also highlights key clusters/cities which contribute significantly to the country GDP and population along with major companies’ presence in these areas.
Table of Contents
- Did You Know?
- Country Highlights
- Key Economic Updates
- Country Snapshot
- Political Landscape
- Economic Landscape
- Social Landscape
- Technological Landscape
- Legal Landscape
- Environmental Landscape
- Outlook
Exhibit 1: Taiwan’s (Province of China) performance in terms of its country risk analysis in comparison to Asia-Pacific and the World average
Exhibit 2: Performance overview (score: 0-100)
Exhibit 3: Broad categories and weights behind the index
Exhibit 4: TWSE Index, (November 2022 - November 2023)
Exhibit 5: Key sectors contribution to the economy (2017-24f)
Exhibit 6: FDI inflows (2018-23 (Jan-Sep)), inward overseas and foreign investment by industry (Jan-Sep 2023)
Exhibit 7: Greenfield FDI projects and net cross border M&As seller deals (2018-22)
Exhibit 8: Key infrastructure indicators (2020)
Exhibit 9: Real GDP and household consumption growth rate (2018-25f)
Exhibit 10: Real GDP growth rate comparison (2022)
Exhibit 11: Volume of exports and imports growth (2018-25f)
Exhibit 12: Current account balance (2018-25f)
Exhibit 13: Top three commodity exports, % of total exports (2018-22)
Exhibit 14: Electrical machinery and equipment and parts thereof exports, % of world total (2022)
Exhibit 15: Interest rates (September 2018 - September 2023)
Exhibit 16: Exchange rate and inflation (2018-25f)
Exhibit 17: Public finance (2018-25f)
Exhibit 18: General government debt (2018-25f)
Exhibit 19: Unemployment rate (2018-25f)
Exhibit 20: Average annual wages (2018-25f)
Exhibit 21: Labor cost index (2018-25f)
Exhibit 22: Rural/urban share of total population (1995, 2005, 2015, 2025f)
Exhibit 23: Age-group share of total population (1995, 2005, 2015, 2025f)
Exhibit 24: Gender split (1995, 2005, 2015, 2025f)
Exhibit 25: Internet users as a percentage of total population, mobile penetration rate and broadband penetration rate (2022)
Exhibit 26: Number of patents granted per million population (2022)
Exhibit 27: Proportion of total R&D expenditure in GDP (2021)
Exhibit 28: Global freedom (scores) 2023
Exhibit 29: Corruption perceptions index (rankings) (2022)
Exhibit 30: Renewable energy, installed capacity (2018-22)
Exhibit 31: CO2 emissions (2018-22)
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Asus
- Foxconn
- Pegatron
