Gross domestic product (GDP) in Taiwan

Taiwan: Gross domestic product (GDP) was 1.25 trillion international-$ in 2011 prices in 2022. ◆ Volatile

Latest (2022)
1.25 trillion international-$ in 2011 prices
Change on year
up 2.5%
World rank
23rd
of 166 countries
All-time high
1.25 trillion international-$ in 2011 prices
in 2022
All-time low
1.93 billion international-$ in 2011 prices
in 1820
Years of data
115
1820–2022

Gross domestic product (GDP) in Taiwan, 1820–2022

0250.0B500.0B750.0B1.0T1.2T182019212022

Source: Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data. Measured in international-$ in 2011 prices.

Analysis

In 2022, gross domestic product (gdp) in Taiwan stood at 1.25 trillion international-$ in 2011 prices. That is the highest value across all 115 years on record.

Compared with earlier readings it is up 2.5% on the previous year and up 37.4% over ten years.

Over the whole period, gross domestic product (gdp) in Taiwan peaked at 1.25 trillion international-$ in 2011 prices in 2022 and was at its lowest, 1.93 billion international-$ in 2011 prices, in 1820.

That places Taiwan 23rd out of 166 countries with data for 2022, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Gross domestic product (GDP) in Taiwan, year by year

Annual values for Gross domestic product (GDP) in Taiwan, 1820 to 2022.
Year international-$ in 2011 prices Change
1820 1.93 billion international-$ in 2011 prices
1870 2.27 billion international-$ in 2011 prices +17.5%
1901 3.10 billion international-$ in 2011 prices +36.8%
1902 3.18 billion international-$ in 2011 prices +2.5%
1903 3.80 billion international-$ in 2011 prices +19.4%
1904 3.68 billion international-$ in 2011 prices -3.1%
1905 3.05 billion international-$ in 2011 prices -17.0%
1906 3.25 billion international-$ in 2011 prices +6.5%
1907 3.64 billion international-$ in 2011 prices +11.7%
1908 3.78 billion international-$ in 2011 prices +4.1%
1909 4.27 billion international-$ in 2011 prices +12.8%
1910 4.41 billion international-$ in 2011 prices +3.2%
1911 4.21 billion international-$ in 2011 prices -4.5%
1912 4.04 billion international-$ in 2011 prices -4.1%
1913 4.47 billion international-$ in 2011 prices +10.8%
1914 4.38 billion international-$ in 2011 prices -2.1%
1915 4.58 billion international-$ in 2011 prices +4.6%
1916 4.97 billion international-$ in 2011 prices +8.6%
1917 5.64 billion international-$ in 2011 prices +13.6%
1918 5.43 billion international-$ in 2011 prices -3.8%
1919 5.64 billion international-$ in 2011 prices +4.0%
1920 5.63 billion international-$ in 2011 prices -0.2%
1921 5.91 billion international-$ in 2011 prices +5.0%
1922 6.64 billion international-$ in 2011 prices +12.4%
1923 6.87 billion international-$ in 2011 prices +3.4%
1924 7.48 billion international-$ in 2011 prices +8.8%
1925 7.93 billion international-$ in 2011 prices +6.0%
1926 8.09 billion international-$ in 2011 prices +2.0%
1927 8.12 billion international-$ in 2011 prices +0.4%
1928 8.37 billion international-$ in 2011 prices +3.1%
1929 8.83 billion international-$ in 2011 prices +5.5%
1930 9.22 billion international-$ in 2011 prices +4.4%
1931 9.35 billion international-$ in 2011 prices +1.4%
1932 9.93 billion international-$ in 2011 prices +6.1%
1933 9.65 billion international-$ in 2011 prices -2.8%
1934 10.19 billion international-$ in 2011 prices +5.5%
1935 11.23 billion international-$ in 2011 prices +10.3%
1936 11.90 billion international-$ in 2011 prices +5.9%
1937 12.02 billion international-$ in 2011 prices +1.0%
1938 12.74 billion international-$ in 2011 prices +6.0%
1939 12.50 billion international-$ in 2011 prices -1.9%
1940 11.63 billion international-$ in 2011 prices -7.0%
1950 10.89 billion international-$ in 2011 prices -6.4%
1951 11.76 billion international-$ in 2011 prices +8.0%
1952 13.16 billion international-$ in 2011 prices +12.0%
1953 14.39 billion international-$ in 2011 prices +9.3%
1954 15.76 billion international-$ in 2011 prices +9.5%
1955 17.04 billion international-$ in 2011 prices +8.1%
1956 17.99 billion international-$ in 2011 prices +5.6%
1957 19.30 billion international-$ in 2011 prices +7.2%
1958 20.60 billion international-$ in 2011 prices +6.8%
1959 22.17 billion international-$ in 2011 prices +7.6%
1960 23.43 billion international-$ in 2011 prices +5.7%
1961 25.03 billion international-$ in 2011 prices +6.8%
1962 27.02 billion international-$ in 2011 prices +7.9%
1963 29.55 billion international-$ in 2011 prices +9.4%
1964 33.14 billion international-$ in 2011 prices +12.1%
1965 36.83 billion international-$ in 2011 prices +11.1%
1966 40.13 billion international-$ in 2011 prices +9.0%
1967 44.42 billion international-$ in 2011 prices +10.7%
1968 48.49 billion international-$ in 2011 prices +9.2%
1969 52.82 billion international-$ in 2011 prices +8.9%
1970 58.77 billion international-$ in 2011 prices +11.3%
1971 66.43 billion international-$ in 2011 prices +13.0%
1972 75.26 billion international-$ in 2011 prices +13.3%
1973 84.94 billion international-$ in 2011 prices +12.9%
1974 85.93 billion international-$ in 2011 prices +1.2%
1975 90.17 billion international-$ in 2011 prices +4.9%
1976 102.64 billion international-$ in 2011 prices +13.8%
1977 113.12 billion international-$ in 2011 prices +10.2%
1978 128.50 billion international-$ in 2011 prices +13.6%
1979 139.01 billion international-$ in 2011 prices +8.2%
1980 149.13 billion international-$ in 2011 prices +7.3%
1981 158.33 billion international-$ in 2011 prices +6.2%
1982 163.94 billion international-$ in 2011 prices +3.5%
1983 177.80 billion international-$ in 2011 prices +8.5%
1984 196.63 billion international-$ in 2011 prices +10.6%
1985 206.40 billion international-$ in 2011 prices +5.0%
1986 230.40 billion international-$ in 2011 prices +11.6%
1987 267.74 billion international-$ in 2011 prices +16.2%
1988 280.14 billion international-$ in 2011 prices +4.6%
1989 303.19 billion international-$ in 2011 prices +8.2%
1990 319.55 billion international-$ in 2011 prices +5.4%
1991 345.21 billion international-$ in 2011 prices +8.0%
1992 372.50 billion international-$ in 2011 prices +7.9%
1993 396.58 billion international-$ in 2011 prices +6.5%
1994 425.31 billion international-$ in 2011 prices +7.2%
1995 451.74 billion international-$ in 2011 prices +6.2%
1996 477.92 billion international-$ in 2011 prices +5.8%
1997 504.50 billion international-$ in 2011 prices +5.6%
1998 524.13 billion international-$ in 2011 prices +3.9%
1999 557.64 billion international-$ in 2011 prices +6.4%
2000 591.15 billion international-$ in 2011 prices +6.0%
2001 582.37 billion international-$ in 2011 prices -1.5%
2002 612.81 billion international-$ in 2011 prices +5.2%
2003 636.24 billion international-$ in 2011 prices +3.8%
2004 675.27 billion international-$ in 2011 prices +6.1%
2005 709.31 billion international-$ in 2011 prices +5.0%
2006 745.97 billion international-$ in 2011 prices +5.2%
2007 791.90 billion international-$ in 2011 prices +6.2%
2008 794.39 billion international-$ in 2011 prices +0.3%
2009 779.01 billion international-$ in 2011 prices -1.9%
2010 859.49 billion international-$ in 2011 prices +10.3%
2011 888.55 billion international-$ in 2011 prices +3.4%
2012 908.29 billion international-$ in 2011 prices +2.2%
2013 930.85 billion international-$ in 2011 prices +2.5%
2014 974.78 billion international-$ in 2011 prices +4.7%
2015 989.07 billion international-$ in 2011 prices +1.5%
2016 1.01 trillion international-$ in 2011 prices +2.2%
2017 1.04 trillion international-$ in 2011 prices +3.3%
2018 1.07 trillion international-$ in 2011 prices +2.8%
2019 1.11 trillion international-$ in 2011 prices +3.1%
2020 1.14 trillion international-$ in 2011 prices +3.4%
2021 1.22 trillion international-$ in 2011 prices +6.5%
2022 1.25 trillion international-$ in 2011 prices +2.5%

Biggest year-on-year movements

Years where Gross domestic product (GDP) in Taiwan changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1901 +36.8% 2.27 billion international-$ in 2011 prices 3.10 billion international-$ in 2011 prices

Averages by decade

DecadeAverage LowestHighest Years
1820s 1.93 billion international-$ in 2011 prices 1.93 billion international-$ in 2011 prices 1.93 billion international-$ in 2011 prices 1
1870s 2.27 billion international-$ in 2011 prices 2.27 billion international-$ in 2011 prices 2.27 billion international-$ in 2011 prices 1
1900s 3.53 billion international-$ in 2011 prices 3.05 billion international-$ in 2011 prices 4.27 billion international-$ in 2011 prices 9
1910s 4.78 billion international-$ in 2011 prices 4.04 billion international-$ in 2011 prices 5.64 billion international-$ in 2011 prices 10
1920s 7.39 billion international-$ in 2011 prices 5.63 billion international-$ in 2011 prices 8.83 billion international-$ in 2011 prices 10
1930s 10.87 billion international-$ in 2011 prices 9.22 billion international-$ in 2011 prices 12.74 billion international-$ in 2011 prices 10
1940s 11.63 billion international-$ in 2011 prices 11.63 billion international-$ in 2011 prices 11.63 billion international-$ in 2011 prices 1
1950s 16.31 billion international-$ in 2011 prices 10.89 billion international-$ in 2011 prices 22.17 billion international-$ in 2011 prices 10
1960s 36.09 billion international-$ in 2011 prices 23.43 billion international-$ in 2011 prices 52.82 billion international-$ in 2011 prices 10
1970s 94.48 billion international-$ in 2011 prices 58.77 billion international-$ in 2011 prices 139.01 billion international-$ in 2011 prices 10
1980s 213.37 billion international-$ in 2011 prices 149.13 billion international-$ in 2011 prices 303.19 billion international-$ in 2011 prices 10
1990s 437.51 billion international-$ in 2011 prices 319.55 billion international-$ in 2011 prices 557.64 billion international-$ in 2011 prices 10
2000s 691.84 billion international-$ in 2011 prices 582.37 billion international-$ in 2011 prices 794.39 billion international-$ in 2011 prices 10
2010s 978.44 billion international-$ in 2011 prices 859.49 billion international-$ in 2011 prices 1.11 trillion international-$ in 2011 prices 10
2020s 1.20 trillion international-$ in 2011 prices 1.14 trillion international-$ in 2011 prices 1.25 trillion international-$ in 2011 prices 3

Countries ranked near Taiwan

  1. 20 Egypt 1.46 trillion international-$ in 2011 prices compare
  2. 21 Australia 1.34 trillion international-$ in 2011 prices compare
  3. 22 Pakistan 1.32 trillion international-$ in 2011 prices compare
  4. 24 Poland 1.23 trillion international-$ in 2011 prices compare
  5. 25 Nigeria 1.13 trillion international-$ in 2011 prices compare
  6. 26 Thailand 1.12 trillion international-$ in 2011 prices compare

See the full ranking of 166 places →

More economy & growth data for Taiwan

All data for Taiwan →

Frequently asked questions

What is gross domestic product (gdp) in Taiwan?
Gross domestic product (gdp) in Taiwan was 1.25 trillion international-$ in 2011 prices in 2022, according to Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data.
What is the highest gross domestic product (gdp) recorded in Taiwan?
The highest recorded value was 1.25 trillion international-$ in 2011 prices in 2022.
What is the lowest gross domestic product (gdp) recorded in Taiwan?
The lowest recorded value was 1.93 billion international-$ in 2011 prices in 1820.
How does Taiwan rank for gross domestic product (gdp)?
Taiwan ranks 23rd out of 166 countries with data for 2022.
Is gross domestic product (gdp) rising or falling in Taiwan?
Over the last ten years it is up 37.4%. The long-run trend across the full record is volatile.
Where does this Taiwan data come from?
The figures come from Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.

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Gross domestic product (GDP) in Taiwan. Statizoid, drawing on Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data. Retrieved 22 September 2026, from https://economy.statizoid.com/stat/gdp-maddison-project-database/taiwan/

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About this data

Indicator
Gross domestic product (GDP)
Unit
international-$ in 2011 prices
Source
Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
166 places, 15,675 data points, 1000–2022
Last refreshed

Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.