Share of services as a share of GDP vs. GDP per capita in Taiwan

Taiwan: Share of services as a share of GDP vs. GDP per capita was 69.4% in 2012. ▲ Rising

Latest (2012)
69.4%
Change on year
up 0.7%
World rank
13th
of 43 countries
All-time high
70.4%
in 2008
All-time low
42.3%
in 1973
Years of data
62
1951–2012

Share of services as a share of GDP vs. GDP per capita in Taiwan, 1951–2012

020406080195119812012

Source: Herrendorf et al. and Groningen Growth and Development Centre (2015) – processed by Our World in Data. Measured in % GDP.

Analysis

Taiwan recorded 69.4% for share of services as a share of gdp vs. gdp per capita in 2012.

That represents a change of up 0.7% on the previous year and up 1.5% over ten years.

Over the whole period, share of services as a share of gdp vs. gdp per capita in Taiwan peaked at 70.4% in 2008 and was at its lowest, 42.3%, in 1973.

That places Taiwan 13th out of 43 countries with data for 2012, putting it in the middle of the range.

The long-run direction has been consistently rising across the 62 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1950s 45.1% 43.8% 46.3% 9
1960s 45.4% 43.6% 46.5% 10
1970s 45.2% 42.3% 47.4% 10
1980s 49.3% 46.3% 53.6% 10
1990s 60.2% 55.6% 65.7% 10
2000s 69.0% 67.0% 70.4% 10
2010s 68.7% 67.8% 69.4% 3

Countries ranked near Taiwan

  1. 10 Costa Rica 71.1% compare
  2. 11 Sweden 70.0% compare
  3. 12 Japan 69.9% compare
  4. 13 Mauritius 69.4% compare
  5. 15 South Africa 68.0% compare
  6. 16 Spain 67.9% compare

See the full ranking of 43 places →

More economy & growth data for Taiwan

All data for Taiwan →

Frequently asked questions

What is share of services as a share of gdp vs. gdp per capita in Taiwan?
Share of services as a share of gdp vs. gdp per capita in Taiwan was 69.4% in 2012, according to Herrendorf et al. and Groningen Growth and Development Centre (2015) – processed by Our World in Data.
What is the highest share of services as a share of gdp vs. gdp per capita recorded in Taiwan?
The highest recorded value was 70.4% in 2008.
What is the lowest share of services as a share of gdp vs. gdp per capita recorded in Taiwan?
The lowest recorded value was 42.3% in 1973.
How does Taiwan rank for share of services as a share of gdp vs. gdp per capita?
Taiwan ranks 13th out of 43 countries with data for 2012.
Is share of services as a share of gdp vs. gdp per capita rising or falling in Taiwan?
Over the last ten years it is up 1.5%. The long-run trend across the full record is rising.
Where does this Taiwan data come from?
The figures come from Herrendorf et al. and Groningen Growth and Development Centre (2015) – processed by Our World in Data, published as part of Share of services as a share of GDP vs. GDP per capita. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 62 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Share of services as a share of GDP vs. GDP per capita
Unit
% GDP
Source
Herrendorf et al. and Groningen Growth and Development Centre (2015) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
43 places, 2,935 data points, 1800–2016
Last refreshed

The vertical axis shows historical estimates of the value of services divided by gross domestic product, expressed as a percentage. The horizontal axis shows GDP per capita, adjusted for inflation and differences in living costs between countries.