Taiwan FlagTaiwan

A Cow Which Is Dragged To Beijing Is Still A Cow.

 

General


Population: 23,359,928 (2014), 23,299,716 (2013)
Land Area: 35,980 sq km
Natural Resources: Coal, natural gas, limestone, marble, asbestos
Capital: Taipei
Political System: Multiparty Democracy
State Leader: Ma Ying-Jeou (May 20th 2008)
Head of Government: Jiang Yi-Huan (February 18th 2013)
Languages: Mandarin Chinese, Taiwanese, Hakka dialects
Currency: New Taiwan Dollar (TWD)
Major Religions: Mixture of Buddhist and Taoist 93%, Christian 4.5%, Other 2.5%
Major Ethnicities: Taiwanese 84%, Mainland Chinese 14%, Indigenous 2%
Life Expectancy: 79.84 years (2014), 79.71 years (2013)

Economy


GDP Official Exchange Rate: 484.7 billion (2013), 474 billion (2012)
GDP Purchasing Power Parity: 926.4 billion (2013), 918.3 billion (2012)
GDP Per Capita (PPP): 39,600 (2013), 39,400 (2012)
GDP Growth Rate: 2.2% (2013), 1.3% (2012)
GDP Structure: Agriculture 2%, Industry 29.4%, Services 68.6% (2013)
Labour Force By Occupation: Agriculture 5%, Industry 36.2%, Services 58.8% (2012)
Industries: Electronics, petroleum refining, armaments, chemicals, textiles, iron and steel, machinery, cement, food processing, vehicles, consumer products, pharmaceuticals
Agriculture Products: Rice, corn, vegetables, fruit, tea; poultry, pigs, beef, milk; fish
Human Development Index: NA
Tourism Revenue: NA
Unemployment Rate: 4.1% (2013), 4.2% (2012)

MilitaryTaiwan Map


Army Size: 290 000 (2004)
Budget: 2.2% of GDP (2006)

Current Situation

 

Taiwan is located in East Asia. Taiwan has no natural neighbours, but has a special relation to China. Taiwan's economy is a very developed industrial economy. Its GDP per capita is comparable to most countries in the European Union. Taiwan also holds very large foreign reserves, and had been showing strong growth for several decades until about 2001 when it went into recession, but Taiwan has since recovered and growth is steady again.

(2014) Taiwan's eocnomy continues to grow at a steady pace and relations with China seem to be improving gradually.

Thoughts & Comments

 

Sources

CIA World Factbook: Taiwan
The Economist: The World In 2014
Wikipedia: Taiwan

Updated on: December 28th, 2014