GDP per capita in Taiwan
Taiwan: GDP per capita was 61,942 international-$ in 2021 prices in 2023. ◆ Volatile
Latest (2023)
61,942 international-$ in 2021 prices
Change on year
up 1.4%
World rank
18th
of 184 countries
All-time high
61,942 international-$ in 2021 prices
in 2023
All-time low
1,823 international-$ in 2021 prices
in 1951
Years of data
73
1951–2023
GDP per capita in Taiwan, 1951–2023
Source: Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data. Measured in international-$ in 2021 prices.
Analysis
In 2023, gdp per capita in Taiwan stood at 61,942 international-$ in 2021 prices. That is the highest value across all 73 years on record.
Compared with earlier readings it is up 1.4% on the previous year and up 27.6% over ten years.
Over the whole period, gdp per capita in Taiwan peaked at 61,942 international-$ in 2021 prices in 2023 and was at its lowest, 1,823 international-$ in 2021 prices, in 1951.
That places Taiwan 18th out of 184 countries with data for 2023, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
GDP per capita in Taiwan, year by year
| Year | international-$ in 2021 prices | Change |
|---|---|---|
| 1951 | 1,823 international-$ in 2021 prices | — |
| 1952 | 2,026 international-$ in 2021 prices | +11.1% |
| 1953 | 2,163 international-$ in 2021 prices | +6.7% |
| 1954 | 2,282 international-$ in 2021 prices | +5.5% |
| 1955 | 2,366 international-$ in 2021 prices | +3.7% |
| 1956 | 2,466 international-$ in 2021 prices | +4.2% |
| 1957 | 2,587 international-$ in 2021 prices | +4.9% |
| 1958 | 2,685 international-$ in 2021 prices | +3.8% |
| 1959 | 2,823 international-$ in 2021 prices | +5.1% |
| 1960 | 2,922 international-$ in 2021 prices | +3.5% |
| 1961 | 3,081 international-$ in 2021 prices | +5.4% |
| 1962 | 3,199 international-$ in 2021 prices | +3.8% |
| 1963 | 3,399 international-$ in 2021 prices | +6.3% |
| 1964 | 3,716 international-$ in 2021 prices | +9.3% |
| 1965 | 4,097 international-$ in 2021 prices | +10.2% |
| 1966 | 4,296 international-$ in 2021 prices | +4.8% |
| 1967 | 4,741 international-$ in 2021 prices | +10.4% |
| 1968 | 5,137 international-$ in 2021 prices | +8.4% |
| 1969 | 5,439 international-$ in 2021 prices | +5.9% |
| 1970 | 5,979 international-$ in 2021 prices | +9.9% |
| 1971 | 6,634 international-$ in 2021 prices | +11.0% |
| 1972 | 7,405 international-$ in 2021 prices | +11.6% |
| 1973 | 8,301 international-$ in 2021 prices | +12.1% |
| 1974 | 8,613 international-$ in 2021 prices | +3.8% |
| 1975 | 8,502 international-$ in 2021 prices | -1.3% |
| 1976 | 9,618 international-$ in 2021 prices | +13.1% |
| 1977 | 10,274 international-$ in 2021 prices | +6.8% |
| 1978 | 11,543 international-$ in 2021 prices | +12.4% |
| 1979 | 12,444 international-$ in 2021 prices | +7.8% |
| 1980 | 13,192 international-$ in 2021 prices | +6.0% |
| 1981 | 13,768 international-$ in 2021 prices | +4.4% |
| 1982 | 13,962 international-$ in 2021 prices | +1.4% |
| 1983 | 14,750 international-$ in 2021 prices | +5.6% |
| 1984 | 15,801 international-$ in 2021 prices | +7.1% |
| 1985 | 15,798 international-$ in 2021 prices | -0.0% |
| 1986 | 17,770 international-$ in 2021 prices | +12.5% |
| 1987 | 20,244 international-$ in 2021 prices | +13.9% |
| 1988 | 21,534 international-$ in 2021 prices | +6.4% |
| 1989 | 23,236 international-$ in 2021 prices | +7.9% |
| 1990 | 25,057 international-$ in 2021 prices | +7.8% |
| 1991 | 26,472 international-$ in 2021 prices | +5.6% |
| 1992 | 28,185 international-$ in 2021 prices | +6.5% |
| 1993 | 29,500 international-$ in 2021 prices | +4.7% |
| 1994 | 30,544 international-$ in 2021 prices | +3.5% |
| 1995 | 31,823 international-$ in 2021 prices | +4.2% |
| 1996 | 33,694 international-$ in 2021 prices | +5.9% |
| 1997 | 35,400 international-$ in 2021 prices | +5.1% |
| 1998 | 36,727 international-$ in 2021 prices | +3.7% |
| 1999 | 38,027 international-$ in 2021 prices | +3.5% |
| 2000 | 39,782 international-$ in 2021 prices | +4.6% |
| 2001 | 38,365 international-$ in 2021 prices | -3.6% |
| 2002 | 39,403 international-$ in 2021 prices | +2.7% |
| 2003 | 40,202 international-$ in 2021 prices | +2.0% |
| 2004 | 42,082 international-$ in 2021 prices | +4.7% |
| 2005 | 44,992 international-$ in 2021 prices | +6.9% |
| 2006 | 45,354 international-$ in 2021 prices | +0.8% |
| 2007 | 46,643 international-$ in 2021 prices | +2.8% |
| 2008 | 44,844 international-$ in 2021 prices | -3.9% |
| 2009 | 42,886 international-$ in 2021 prices | -4.4% |
| 2010 | 46,701 international-$ in 2021 prices | +8.9% |
| 2011 | 48,530 international-$ in 2021 prices | +3.9% |
| 2012 | 49,064 international-$ in 2021 prices | +1.1% |
| 2013 | 48,556 international-$ in 2021 prices | -1.0% |
| 2014 | 50,301 international-$ in 2021 prices | +3.6% |
| 2015 | 49,903 international-$ in 2021 prices | -0.8% |
| 2016 | 49,784 international-$ in 2021 prices | -0.2% |
| 2017 | 51,338 international-$ in 2021 prices | +3.1% |
| 2018 | 51,119 international-$ in 2021 prices | -0.4% |
| 2019 | 53,548 international-$ in 2021 prices | +4.8% |
| 2020 | 55,790 international-$ in 2021 prices | +4.2% |
| 2021 | 59,090 international-$ in 2021 prices | +5.9% |
| 2022 | 61,111 international-$ in 2021 prices | +3.4% |
| 2023 | 61,942 international-$ in 2021 prices | +1.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 2,358 international-$ in 2021 prices | 1,823 international-$ in 2021 prices | 2,823 international-$ in 2021 prices | 9 |
| 1960s | 4,003 international-$ in 2021 prices | 2,922 international-$ in 2021 prices | 5,439 international-$ in 2021 prices | 10 |
| 1970s | 8,932 international-$ in 2021 prices | 5,979 international-$ in 2021 prices | 12,444 international-$ in 2021 prices | 10 |
| 1980s | 17,006 international-$ in 2021 prices | 13,192 international-$ in 2021 prices | 23,236 international-$ in 2021 prices | 10 |
| 1990s | 31,543 international-$ in 2021 prices | 25,057 international-$ in 2021 prices | 38,027 international-$ in 2021 prices | 10 |
| 2000s | 42,455 international-$ in 2021 prices | 38,365 international-$ in 2021 prices | 46,643 international-$ in 2021 prices | 10 |
| 2010s | 49,884 international-$ in 2021 prices | 46,701 international-$ in 2021 prices | 53,548 international-$ in 2021 prices | 10 |
| 2020s | 59,483 international-$ in 2021 prices | 55,790 international-$ in 2021 prices | 61,942 international-$ in 2021 prices | 4 |
Countries ranked near Taiwan
- 15 Iceland 63,196 international-$ in 2021 prices compare
- 16 Austria 62,853 international-$ in 2021 prices compare
- 17 Bermuda 62,179 international-$ in 2021 prices compare
- 19 Germany 59,983 international-$ in 2021 prices compare
- 20 Sweden 59,587 international-$ in 2021 prices compare
- 21 Saudi Arabia 59,042 international-$ in 2021 prices compare
More economy & growth data for Taiwan
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0232 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 43.05 (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 31.44 (2025)
- US dollar per domestic currency (End-of-period (EoP)) 0.0318 (2025)
- Gross Domestic Product, GDP in millions constant 2021 international $ 1.73 million (2027)
- Tax revenue vs. Electoral Democracy Index 0.801 (2025)
- Human Rights Index vs. GDP per capita 0.93 (2025)
- Gross Domestic Product, GDP in millions constant 2021 international $ 2.52 % change on previous year (2027)
- Foreign aid received per capita vs. GDP per capita 0.39 constant 2024 US$ (1996)
- Milk supply per person 57.79 kilograms per year per capita (2023)
Frequently asked questions
- What is gdp per capita in Taiwan?
- Gdp per capita in Taiwan was 61,942 international-$ in 2021 prices in 2023, according to Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data.
- What is the highest gdp per capita recorded in Taiwan?
- The highest recorded value was 61,942 international-$ in 2021 prices in 2023.
- What is the lowest gdp per capita recorded in Taiwan?
- The lowest recorded value was 1,823 international-$ in 2021 prices in 1951.
- How does Taiwan rank for gdp per capita?
- Taiwan ranks 18th out of 184 countries with data for 2023.
- Is gdp per capita 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 Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data, published as part of GDP per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 73 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Average economic output per person in a country or region per year. This data is adjusted for inflation and differences in living costs between countries.