Gdp penn world table in Taiwan

Taiwan: Gdp penn world table was 1.45 trillion in 2023. ◆ Volatile

Latest (2023)
1.45 trillion
Change on year
up 1.5%
World rank
22nd
of 184 countries
All-time high
1.45 trillion
in 2023
All-time low
14.14 billion
in 1951
Years of data
73
1951–2023

Gdp penn world table in Taiwan, 1951–2023

0500.0B1.0T1.5T195119872023

Source: Our World in Data.

Analysis

Taiwan recorded 1.45 trillion for gdp penn world table in 2023. That is the highest value across all 73 years on record.

Compared with earlier readings it is up 1.5% on the previous year and up 27.6% over ten years.

Over the whole period, gdp penn world table in Taiwan peaked at 1.45 trillion in 2023 and was at its lowest, 14.14 billion, in 1951.

Taiwan ranks 22nd of 184 countries on this measure, in the top quarter.

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

Gdp penn world table in Taiwan, year by year

Annual values for Gdp penn world table in Taiwan, 1951 to 2023.
Year Value Change
1951 14.14 billion —
1952 16.30 billion +15.3%
1953 18.02 billion +10.5%
1954 19.73 billion +9.5%
1955 21.21 billion +7.5%
1956 22.91 billion +8.0%
1957 24.83 billion +8.4%
1958 26.64 billion +7.3%
1959 29.04 billion +9.0%
1960 31.17 billion +7.3%
1961 33.98 billion +9.0%
1962 36.44 billion +7.2%
1963 39.98 billion +9.7%
1964 45.11 billion +12.8%
1965 51.27 billion +13.7%
1966 55.30 billion +7.9%
1967 62.63 billion +13.3%
1968 69.60 billion +11.1%
1969 76.52 billion +9.9%
1970 87.20 billion +14.0%
1971 98.94 billion +13.5%
1972 112.71 billion +13.9%
1973 128.72 billion +14.2%
1974 135.96 billion +5.6%
1975 136.68 billion +0.5%
1976 157.75 billion +15.4%
1977 171.89 billion +9.0%
1978 196.72 billion +14.4%
1979 216.19 billion +9.9%
1980 233.56 billion +8.0%
1981 248.24 billion +6.3%
1982 256.27 billion +3.2%
1983 275.13 billion +7.4%
1984 299.11 billion +8.7%
1985 303.19 billion +1.4%
1986 344.93 billion +13.8%
1987 397.13 billion +15.1%
1988 427.24 billion +7.6%
1989 466.01 billion +9.1%
1990 508.13 billion +9.0%
1991 542.76 billion +6.8%
1992 583.56 billion +7.5%
1993 616.52 billion +5.6%
1994 644.08 billion +4.5%
1995 676.80 billion +5.1%
1996 722.44 billion +6.7%
1997 765.85 billion +6.0%
1998 801.96 billion +4.7%
1999 836.98 billion +4.4%
2000 882.56 billion +5.4%
2001 857.12 billion -2.9%
2002 885.12 billion +3.3%
2003 907.07 billion +2.5%
2004 953.02 billion +5.1%
2005 1.02 trillion +7.3%
2006 1.04 trillion +1.2%
2007 1.07 trillion +3.3%
2008 1.03 trillion -3.5%
2009 989.75 billion -4.0%
2010 1.08 trillion +9.2%
2011 1.13 trillion +4.2%
2012 1.14 trillion +1.4%
2013 1.13 trillion -0.7%
2014 1.18 trillion +3.9%
2015 1.17 trillion -0.5%
2016 1.17 trillion -0.0%
2017 1.21 trillion +3.3%
2018 1.21 trillion -0.3%
2019 1.26 trillion +4.8%
2020 1.32 trillion +4.1%
2021 1.39 trillion +5.4%
2022 1.43 trillion +2.8%
2023 1.45 trillion +1.5%

Averages by decade

DecadeAverage LowestHighest Years
1950s 21.42 billion 14.14 billion 29.04 billion 9
1960s 50.20 billion 31.17 billion 76.52 billion 10
1970s 144.28 billion 87.20 billion 216.19 billion 10
1980s 325.08 billion 233.56 billion 466.01 billion 10
1990s 669.91 billion 508.13 billion 836.98 billion 10
2000s 963.27 billion 857.12 billion 1.07 trillion 10
2010s 1.17 trillion 1.08 trillion 1.26 trillion 10
2020s 1.39 trillion 1.32 trillion 1.45 trillion 4

Countries ranked near Taiwan

  1. 19 Australia 1.70 trillion compare
  2. 20 Thailand 1.65 trillion compare
  3. 21 Poland 1.52 trillion compare
  4. 23 Pakistan 1.40 trillion compare
  5. 24 Bangladesh 1.36 trillion compare
  6. 25 Iran 1.34 trillion compare

See the full ranking of 184 places →

More economy & growth data for Taiwan

All data for Taiwan →

Frequently asked questions

What is gdp penn world table in Taiwan?
Gdp penn world table in Taiwan was 1.45 trillion in 2023, according to Our World in Data.
What is the highest gdp penn world table recorded in Taiwan?
The highest recorded value was 1.45 trillion in 2023.
What is the lowest gdp penn world table recorded in Taiwan?
The lowest recorded value was 14.14 billion in 1951.
How does Taiwan rank for gdp penn world table?
Taiwan ranks 22nd out of 184 countries with data for 2023.
Is gdp penn world table rising or falling in Taiwan?
Over the last ten years it is up 27.6%. The long-run trend across the full record is volatile.
Where does this Taiwan data come from?
The figures come from Our World in Data, published as part of Gdp penn world table. Statizoid updates them automatically from the source API.

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Gdp penn world table in Taiwan. Statizoid, drawing on Our World in Data. Retrieved 15 November 2026, from https://economy.statizoid.com/stat/gdp-penn-world-table/taiwan/

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About this data

Indicator
Gdp penn world table
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
184 places, 10,907 data points, 1950–2023
Last refreshed