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
22nd
of 165 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 22nd out of 165 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.

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. 19 Egypt 1.46 trillion international-$ in 2011 prices compare
  2. 20 Australia 1.34 trillion international-$ in 2011 prices compare
  3. 21 Pakistan 1.32 trillion international-$ in 2011 prices compare
  4. 23 Poland 1.23 trillion international-$ in 2011 prices compare
  5. 24 Nigeria 1.13 trillion international-$ in 2011 prices compare
  6. 25 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 22nd out of 165 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.

Download this data

CSV · JSON — 115 observations, free to reuse under CC BY 4.0 (Our World in Data).

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.