Gross Domestic Product, GDP in millions constant 2021 international $ in Taiwan
Taiwan: Gross Domestic Product, GDP in millions constant 2021 international $ was 1.73 million in 2027. ▲ Rising
Gross Domestic Product, GDP in millions constant 2021 international $ in Taiwan, 1991–2027
Source: International Labour Organization.
Analysis
In 2027, gross domestic product, gdp in millions constant 2021 international $ in Taiwan stood at 1.73 million. That is the highest value across all 37 years on record.
That represents a change of up 2.5% on the previous year and up 38.2% over ten years.
Over the whole period, gross domestic product, gdp in millions constant 2021 international $ in Taiwan peaked at 1.73 million in 2027 and was at its lowest, 387,893, in 1991.
That places Taiwan 20th out of 188 countries with data for 2027, putting it in the top quarter.
The long-run direction has been consistently rising across the 37 years of available data.
Gross Domestic Product, GDP in millions constant 2021 international $ in Taiwan, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 387,893 | — |
| 1992 | 420,367 | +8.4% |
| 1993 | 448,810 | +6.8% |
| 1994 | 482,220 | +7.4% |
| 1995 | 513,400 | +6.5% |
| 1996 | 545,011 | +6.2% |
| 1997 | 577,986 | +6.1% |
| 1998 | 601,920 | +4.1% |
| 1999 | 642,135 | +6.7% |
| 2000 | 681,869 | +6.2% |
| 2001 | 671,817 | -1.5% |
| 2002 | 708,869 | +5.5% |
| 2003 | 738,035 | +4.1% |
| 2004 | 788,777 | +6.9% |
| 2005 | 831,160 | +5.4% |
| 2006 | 879,499 | +5.8% |
| 2007 | 939,836 | +6.9% |
| 2008 | 946,798 | +0.7% |
| 2009 | 931,458 | -1.6% |
| 2010 | 1.03 million | +10.2% |
| 2011 | 1.06 million | +3.6% |
| 2012 | 1.09 million | +2.3% |
| 2013 | 1.11 million | +2.5% |
| 2014 | 1.17 million | +4.7% |
| 2015 | 1.18 million | +1.5% |
| 2016 | 1.21 million | +2.2% |
| 2017 | 1.25 million | +3.6% |
| 2018 | 1.29 million | +2.8% |
| 2019 | 1.33 million | +3.1% |
| 2020 | 1.37 million | +3.4% |
| 2021 | 1.47 million | +6.7% |
| 2022 | 1.50 million | +2.7% |
| 2023 | 1.52 million | +1.1% |
| 2024 | 1.60 million | +4.8% |
| 2025 | 1.65 million | +3.7% |
| 2026 | 1.69 million | +2.1% |
| 2027 | 1.73 million | +2.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 513,305 | 387,893 | 642,135 | 9 |
| 2000s | 811,812 | 671,817 | 946,798 | 10 |
| 2010s | 1.17 million | 1.03 million | 1.33 million | 10 |
| 2020s | 1.57 million | 1.37 million | 1.73 million | 8 |
Countries ranked near Taiwan
More economy & growth data for Taiwan
- Real gdp growth, annual growth rate 64.72 % change on previous year (2025)
- US dollar per domestic currency (End-of-period (EoP)) 0.0318 (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 31.44 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 43.05 (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0232 (2025)
- 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)
- Protein supply from animal foods vs. GDP per capita 56.69 grams of protein per day per capita (2023)
Frequently asked questions
- What is gross domestic product, gdp in millions constant 2021 international $ in Taiwan?
- Gross domestic product, gdp in millions constant 2021 international $ in Taiwan was 1.73 million in 2027, according to International Labour Organization.
- What is the highest gross domestic product, gdp in millions constant 2021 international $ recorded in Taiwan?
- The highest recorded value was 1.73 million in 2027.
- What is the lowest gross domestic product, gdp in millions constant 2021 international $ recorded in Taiwan?
- The lowest recorded value was 387,893 in 1991.
- How does Taiwan rank for gross domestic product, gdp in millions constant 2021 international $?
- Taiwan ranks 20th out of 188 countries with data for 2027.
- Is gross domestic product, gdp in millions constant 2021 international $ rising or falling in Taiwan?
- Over the last ten years it is up 38.2%. The long-run trend across the full record is rising.
- Where does this Taiwan data come from?
- The figures come from International Labour Organization, published as part of Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates). Statizoid updates them automatically from the source API.
Download this data
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About this data
Gross Domestic Product (GDP), Purchasing Power Parity (millions of PPP, constant 2021 international dollars) is a measure to assess the total economic output of a country, adjusted for differences in the purchasing power of the different currencies relative to the US dollar. It is derived from the World Development Indicators of the World Bank. For more information, refer to the ILO Modelled Estimates (ILOEST) database description.