Gross domestic product (GDP), Current prices, Domestic currency in Taiwan

Taiwan: Gross domestic product (GDP), Current prices, Domestic currency was 3.03 % change on previous year in 2019. ◆ Volatile

Latest (2019)
3.03 % change on previous year
Change on year
up 51.5%
World rank
145th
of 194 countries
All-time high
33.84 % change on previous year
in 1974
All-time low
-2.02 % change on previous year
in 2001
Years of data
59
1961–2019

Gross domestic product (GDP), Current prices, Domestic currency in Taiwan, 1961–2019

0102030196119902019

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2019, gross domestic product (gdp), current prices, domestic currency in Taiwan stood at 3.03 % change on previous year.

The figure is up 51.5% on the previous year and up 303.0% over ten years.

Over the whole period, gross domestic product (gdp), current prices, domestic currency in Taiwan peaked at 33.84 % change on previous year in 1974 and was at its lowest, -2.02 % change on previous year, in 2001.

Taiwan ranks 145th of 194 countries on this measure, in the middle of the range.

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

Gross domestic product (GDP), Current prices, Domestic currency in Taiwan, year by year

Annual values for Gross domestic product (GDP), Current prices, Domestic currency, annual growth rate in Taiwan, 1961 to 2019.
Year % change on previous year Change
1961 12.19 % change on previous year —
1962 10.24 % change on previous year -16.0%
1963 13.17 % change on previous year +28.6%
1964 16.83 % change on previous year +27.8%
1965 10.7 % change on previous year -36.4%
1966 11.77 % change on previous year +10.0%
1967 15.65 % change on previous year +32.9%
1968 16.62 % change on previous year +6.2%
1969 16 % change on previous year -3.8%
1970 15.3 % change on previous year -4.4%
1971 16.29 % change on previous year +6.4%
1972 19.85 % change on previous year +21.9%
1973 29.75 % change on previous year +49.9%
1974 33.84 % change on previous year +13.7%
1975 7.44 % change on previous year -78.0%
1976 19.9 % change on previous year +167.3%
1977 17.19 % change on previous year -13.6%
1978 19.61 % change on previous year +14.1%
1979 20.57 % change on previous year +4.9%
1980 24.85 % change on previous year +20.8%
1981 18.52 % change on previous year -25.5%
1982 7.4 % change on previous year -60.0%
1983 11.94 % change on previous year +61.3%
1984 11.47 % change on previous year -4.0%
1985 4.83 % change on previous year -57.9%
1986 16.98 % change on previous year +251.4%
1987 12.8 % change on previous year -24.6%
1988 8.09 % change on previous year -36.8%
1989 11.53 % change on previous year +42.4%
1990 10.96 % change on previous year -5.0%
1991 12.15 % change on previous year +10.9%
1992 11.78 % change on previous year -3.0%
1993 10.53 % change on previous year -10.6%
1994 9.34 % change on previous year -11.3%
1995 9.02 % change on previous year -3.4%
1996 8.66 % change on previous year -4.0%
1997 8.39 % change on previous year -3.1%
1998 7.6 % change on previous year -9.5%
1999 4.68 % change on previous year -38.4%
2000 5.34 % change on previous year +14.2%
2001 -2.02 % change on previous year -137.9%
2002 5.05 % change on previous year -349.7%
2003 2.76 % change on previous year -45.5%
2004 6.15 % change on previous year +123.2%
2005 3.8 % change on previous year -38.3%
2006 4.45 % change on previous year +17.2%
2007 6.29 % change on previous year +41.4%
2008 -1.86 % change on previous year -129.6%
2009 -1.49 % change on previous year -19.9%
2010 8.83 % change on previous year -691.8%
2011 1.44 % change on previous year -83.7%
2012 2.91 % change on previous year +102.9%
2013 4.04 % change on previous year +38.6%
2014 6.47 % change on previous year +60.1%
2015 4.9 % change on previous year -24.2%
2016 2.93 % change on previous year -40.2%
2017 2.44 % change on previous year -16.9%
2018 2 % change on previous year -18.0%
2019 3.03 % change on previous year +51.5%

Biggest year-on-year movements

Years where Gross domestic product (GDP), Current prices, Domestic currency 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
2010 +691.8% -1.49 % change on previous year 8.83 % change on previous year
2002 +349.7% -2.02 % change on previous year 5.05 % change on previous year
1986 +251.4% 4.83 % change on previous year 16.98 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1960s 13.69 % change on previous year 10.24 % change on previous year 16.83 % change on previous year 9
1970s 19.98 % change on previous year 7.44 % change on previous year 33.84 % change on previous year 10
1980s 12.84 % change on previous year 4.83 % change on previous year 24.85 % change on previous year 10
1990s 9.31 % change on previous year 4.68 % change on previous year 12.15 % change on previous year 10
2000s 2.85 % change on previous year -2.02 % change on previous year 6.29 % change on previous year 10
2010s 3.9 % change on previous year 1.44 % change on previous year 8.83 % change on previous year 10

Countries ranked near Taiwan

  1. 142 Thailand 3.14 % change on previous year compare
  2. 143 Micronesia (country) 3.09 % change on previous year compare
  3. 144 Mexico 3.03 % change on previous year compare
  4. 146 Finland 2.95 % change on previous year compare
  5. 147 Fiji 2.89 % change on previous year compare
  6. 148 Panama 2.86 % change on previous year compare

See the full ranking of 194 places →

More economy & growth data for Taiwan

All data for Taiwan →

Frequently asked questions

What is gross domestic product (gdp), current prices, domestic currency in Taiwan?
Gross domestic product (gdp), current prices, domestic currency in Taiwan was 3.03 % change on previous year in 2019, according to Statizoid (derived).
What is the highest gross domestic product (gdp), current prices, domestic currency recorded in Taiwan?
The highest recorded value was 33.84 % change on previous year in 1974.
What is the lowest gross domestic product (gdp), current prices, domestic currency recorded in Taiwan?
The lowest recorded value was -2.02 % change on previous year in 2001.
How does Taiwan rank for gross domestic product (gdp), current prices, domestic currency?
Taiwan ranks 145th out of 194 countries with data for 2019.
Is gross domestic product (gdp), current prices, domestic currency rising or falling in Taiwan?
Over the last ten years it is up 303.0%. The long-run trend across the full record is volatile.
Where does this Taiwan data come from?
The figures come from Statizoid (derived), published as part of Gross domestic product (GDP), Current prices, Domestic currency, annual growth rate. Statizoid updates them automatically from the source API.

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Gross domestic product (GDP), Current prices, Domestic currency in Taiwan. Statizoid, drawing on Statizoid (derived). Retrieved 03 October 2026, from https://economy.statizoid.com/stat/gross-domestic-product-gdp-current-prices-domestic-currency-annual-growth-rate/taiwan/

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How this figure is calculated

The year-on-year percentage change in Gross domestic product (GDP), Current prices, Domestic currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Gross domestic product (GDP), Current prices, Domestic currency, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
194 places, 10,054 data points, 1961–2019
Last refreshed

The year-on-year percentage change in Gross domestic product (GDP), Current prices, Domestic currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.