Gross domestic product (GDP) in Taiwan
Taiwan: Gross domestic product (GDP) was 321.85 billion current GBP in 2014. ◆ Volatile
Latest (2014)
321.85 billion current GBP
Change on year
down 1.6%
World rank
26th
of 200 countries
All-time high
327.05 billion current GBP
in 2013
All-time low
12.12 million current GBP
in 1904
Years of data
100
1903–2014
Gross domestic product (GDP) in Taiwan, 1903–2014
Source: Fouquin and Hugot (2016) – processed by Our World in Data. Measured in current GBP.
Analysis
The most recent figure for gross domestic product (gdp) in Taiwan is 321.85 billion current GBP, measured in 2014.
The figure is down 1.6% on the previous year and up 69.1% over ten years.
Over the whole period, gross domestic product (gdp) in Taiwan peaked at 327.05 billion current GBP in 2013 and was at its lowest, 12.12 million current GBP, in 1904.
Taiwan ranks 26th of 200 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP) in Taiwan, year by year
| Year | current GBP | Change |
|---|---|---|
| 1903 | 12.59 million current GBP | — |
| 1904 | 12.12 million current GBP | -3.7% |
| 1905 | 13.19 million current GBP | +8.8% |
| 1906 | 15.12 million current GBP | +14.7% |
| 1907 | 16.16 million current GBP | +6.9% |
| 1908 | 17.49 million current GBP | +8.3% |
| 1909 | 20.74 million current GBP | +18.6% |
| 1910 | 22.53 million current GBP | +8.6% |
| 1911 | 23.87 million current GBP | +6.0% |
| 1912 | 23.31 million current GBP | -2.3% |
| 1913 | 24.86 million current GBP | +6.6% |
| 1914 | 23.12 million current GBP | -7.0% |
| 1915 | 22.81 million current GBP | -1.4% |
| 1916 | 30.67 million current GBP | +34.5% |
| 1917 | 40.26 million current GBP | +31.3% |
| 1918 | 50.09 million current GBP | +24.4% |
| 1919 | 66.15 million current GBP | +32.1% |
| 1920 | 96.68 million current GBP | +46.2% |
| 1921 | 72.04 million current GBP | -25.5% |
| 1922 | 56.72 million current GBP | -21.3% |
| 1923 | 59.53 million current GBP | +5.0% |
| 1924 | 58.70 million current GBP | -1.4% |
| 1925 | 59.50 million current GBP | +1.4% |
| 1926 | 67.08 million current GBP | +12.7% |
| 1927 | 64.83 million current GBP | -3.4% |
| 1928 | 74.17 million current GBP | +14.4% |
| 1929 | 73.44 million current GBP | -1.0% |
| 1930 | 71.49 million current GBP | -2.7% |
| 1931 | 63.57 million current GBP | -11.1% |
| 1932 | 55.20 million current GBP | -13.2% |
| 1933 | 42.18 million current GBP | -23.6% |
| 1934 | 46.12 million current GBP | +9.3% |
| 1935 | 54.22 million current GBP | +17.6% |
| 1936 | 57.56 million current GBP | +6.2% |
| 1937 | 61.56 million current GBP | +7.0% |
| 1938 | 69.48 million current GBP | +12.9% |
| 1951 | 427.50 million current GBP | +515.3% |
| 1952 | 598.93 million current GBP | +40.1% |
| 1953 | 528.93 million current GBP | -11.7% |
| 1954 | 581.43 million current GBP | +9.9% |
| 1955 | 692.86 million current GBP | +19.2% |
| 1956 | 499.64 million current GBP | -27.9% |
| 1957 | 584.29 million current GBP | +16.9% |
| 1958 | 655.72 million current GBP | +12.2% |
| 1959 | 515.72 million current GBP | -21.4% |
| 1960 | 622.50 million current GBP | +20.7% |
| 1961 | 635.00 million current GBP | +2.0% |
| 1962 | 700.00 million current GBP | +10.2% |
| 1963 | 792.50 million current GBP | +13.2% |
| 1964 | 925.72 million current GBP | +16.8% |
| 1965 | 1.02 billion current GBP | +10.7% |
| 1966 | 1.15 billion current GBP | +11.8% |
| 1967 | 1.34 billion current GBP | +17.3% |
| 1968 | 1.80 billion current GBP | +34.2% |
| 1969 | 2.09 billion current GBP | +16.0% |
| 1970 | 2.41 billion current GBP | +15.3% |
| 1971 | 2.76 billion current GBP | +14.7% |
| 1972 | 3.23 billion current GBP | +16.8% |
| 1973 | 4.47 billion current GBP | +38.3% |
| 1974 | 6.31 billion current GBP | +41.2% |
| 1975 | 7.16 billion current GBP | +13.5% |
| 1976 | 10.57 billion current GBP | +47.6% |
| 1977 | 12.76 billion current GBP | +20.7% |
| 1978 | 14.28 billion current GBP | +11.9% |
| 1979 | 16.00 billion current GBP | +12.1% |
| 1980 | 18.20 billion current GBP | +13.8% |
| 1981 | 24.42 billion current GBP | +34.2% |
| 1982 | 28.36 billion current GBP | +16.2% |
| 1983 | 35.74 billion current GBP | +26.0% |
| 1984 | 45.90 billion current GBP | +28.4% |
| 1985 | 49.58 billion current GBP | +8.0% |
| 1986 | 53.47 billion current GBP | +7.9% |
| 1987 | 64.23 billion current GBP | +20.1% |
| 1988 | 71.04 billion current GBP | +10.6% |
| 1989 | 93.33 billion current GBP | +31.4% |
| 1990 | 93.83 billion current GBP | +0.5% |
| 1991 | 106.21 billion current GBP | +13.2% |
| 1992 | 127.15 billion current GBP | +19.7% |
| 1993 | 156.78 billion current GBP | +23.3% |
| 1994 | 167.54 billion current GBP | +6.9% |
| 1995 | 176.94 billion current GBP | +5.6% |
| 1996 | 187.59 billion current GBP | +6.0% |
| 1997 | 185.53 billion current GBP | -1.1% |
| 1998 | 169.29 billion current GBP | -8.8% |
| 1999 | 188.00 billion current GBP | +11.0% |
| 2000 | 219.07 billion current GBP | +16.5% |
| 2001 | 208.71 billion current GBP | -4.7% |
| 2002 | 206.09 billion current GBP | -1.3% |
| 2003 | 195.13 billion current GBP | -5.3% |
| 2004 | 190.33 billion current GBP | -2.5% |
| 2005 | 206.67 billion current GBP | +8.6% |
| 2006 | 211.19 billion current GBP | +2.2% |
| 2007 | 204.03 billion current GBP | -3.4% |
| 2008 | 226.81 billion current GBP | +11.2% |
| 2009 | 251.67 billion current GBP | +11.0% |
| 2010 | 288.71 billion current GBP | +14.7% |
| 2011 | 303.12 billion current GBP | +5.0% |
| 2012 | 313.89 billion current GBP | +3.6% |
| 2013 | 327.05 billion current GBP | +4.2% |
| 2014 | 321.85 billion current GBP | -1.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1900s | 15.34 million current GBP | 12.12 million current GBP | 20.74 million current GBP | 7 |
| 1910s | 32.77 million current GBP | 22.53 million current GBP | 66.15 million current GBP | 10 |
| 1920s | 68.27 million current GBP | 56.72 million current GBP | 96.68 million current GBP | 10 |
| 1930s | 57.93 million current GBP | 42.18 million current GBP | 71.49 million current GBP | 9 |
| 1950s | 565.00 million current GBP | 427.50 million current GBP | 692.86 million current GBP | 9 |
| 1960s | 1.11 billion current GBP | 622.50 million current GBP | 2.09 billion current GBP | 10 |
| 1970s | 7.99 billion current GBP | 2.41 billion current GBP | 16.00 billion current GBP | 10 |
| 1980s | 48.43 billion current GBP | 18.20 billion current GBP | 93.33 billion current GBP | 10 |
| 1990s | 155.89 billion current GBP | 93.83 billion current GBP | 188.00 billion current GBP | 10 |
| 2000s | 211.97 billion current GBP | 190.33 billion current GBP | 251.67 billion current GBP | 10 |
| 2010s | 310.92 billion current GBP | 288.71 billion current GBP | 327.05 billion current GBP | 5 |
Countries ranked near Taiwan
More economy & growth data for Taiwan
- Domestic currency per US dollar (End-of-period (EoP)) 31.44 (2025)
- 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)
- US dollar per domestic currency (End-of-period (EoP)) 0.0318 (2025)
- Tax revenue vs. Electoral Democracy Index 0.801 (2025)
- Human Rights Index vs. GDP per capita 0.93 (2025)
- 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)
- Fruit consumption vs. GDP per capita 94.38 kilograms per year per capita (2023)
- Per capita egg consumption 14.05 kilograms per year per capita (2023)
Frequently asked questions
- What is gross domestic product (gdp) in Taiwan?
- Gross domestic product (gdp) in Taiwan was 321.85 billion current GBP in 2014, according to Fouquin and Hugot (2016) – processed by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Taiwan?
- The highest recorded value was 327.05 billion current GBP in 2013.
- What is the lowest gross domestic product (gdp) recorded in Taiwan?
- The lowest recorded value was 12.12 million current GBP in 1904.
- How does Taiwan rank for gross domestic product (gdp)?
- Taiwan ranks 26th out of 200 countries with data for 2014.
- Is gross domestic product (gdp) rising or falling in Taiwan?
- Over the last ten years it is up 69.1%. The long-run trend across the full record is volatile.
- Where does this Taiwan data come from?
- The figures come from Fouquin and Hugot (2016) – processed by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 100 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
This data is expressed in British pounds. It is not adjusted for inflation or differences in living costs between countries.