2006a | 2007a | 2008a | 2009a | 2010a | 2011b | 2012b | |
GDP | |||||||
Nominal GDP (US$ bn) | 376.3 | 393.1 | 400.2 | 377.4 | 430.2 | 482.7 | 522.0 |
Nominal GDP (NT$ bn) | 12,243 | 12,911 | 12,620 | 12,477 | 13,614 | 14,021 | 14,904 |
Real GDP growth (%) | 5.4 | 6.0 | 0.7 | -1.9 | 10.8 | 4.0 | 4.6 |
Expenditure on GDP (% real change) | |||||||
Private consumption | 1.5 | 2.1 | -0.9 | 1.1 | 3.7 | 3.5 | 3.8 |
Government consumption | -0.7 | 2.1 | 0.8 | 3.9 | 1.7 | 1.4 | 1.0 |
Gross fixed investment | 0.1 | 0.6 | -12.4 | -11.0 | 23.7 | 2.5 | 4.1 |
Exports of goods & services | 11.4 | 9.6 | 0.9 | -8.7 | 25.6 | 5.8 | 6.6 |
Imports of goods & services | 4.6 | 3.0 | -3.7 | -12.8 | 28.2 | 4.1 | 5.5 |
Origin of GDP (% real change) | |||||||
Agriculture | 6.1 | -1.9 | -1.4 | 8.6 | -1.0c | -1.0 | -0.4 |
Industry | 6.8 | 9.3 | -1.2 | -2.0 | 20.0c | 7.0 | 4.4 |
Services | 3.9 | 4.3 | 0.8 | -2.6 | 6.9c | 2.5 | 4.8 |
Population and income | |||||||
Population (m) | 22.9 | 23.0 | 23.0 | 23.1 | 23.2c | 23.2 | 23.3 |
GDP per head (US$ at PPP) | 31,513c | 34,258c | 35,143c | 34,657c | 38,679c | 40,729 | 43,549 |
Recorded unemployment (av; %) | 3.9 | 3.9 | 4.1 | 5.9 | 5.2 | 4.3 | 4.1 |
Fiscal indicators (% of GDP) | |||||||
Central government budget revenue | 17.8 | 17.4 | 17.7 | 16.9 | 17.1c | 17.3 | 17.3 |
Central government budget expenditure | 18.1 | 17.7 | 18.6 | 19.7 | 19.0c | 18.8 | 18.3 |
Central government budget balance | -0.3 | -0.4 | -0.9 | -2.8 | -1.9c | -1.5 | -1.0 |
Public debt | 29.6 | 28.8 | 30.0 | 33.1 | 32.3c | 32.9 | 32.0 |
Prices and financial indicators | |||||||
Exchange rate NT$:US$ (end-period) | 32.60 | 32.44 | 32.86 | 32.03 | 30.37 | 28.80 | 28.38 |
Consumer prices (end-period; %) | 0.6 | 3.8 | 1.3 | 0.0 | 1.4 | 1.8 | 1.7 |
Producer prices (av; %) | 5.6 | 6.5 | 5.1 | -8.7 | 5.5 | 4.2 | 1.5 |
Stock of money M1 (% change) | 4.5 | 0.0 | -0.8 | 28.9 | 9.0 | 8.2 | 7.1 |
Stock of money M2 (% change) | 5.3 | 0.9 | 7.0 | 5.7 | 5.3 | 4.7 | 6.4 |
Lending interest rate (av; %) | 4.1 | 4.3 | 4.2 | 2.6 | 2.7 | 3.0 | 3.6 |
Current account (US$ m) | |||||||
Trade balance | 24,197 | 30,445 | 18,478 | 30,553 | 26,862 | 25,385 | 19,907 |
Goods: exports fob | 223,789 | 246,500 | 254,897 | 203,399 | 274,363 | 315,118 | 349,971 |
Goods: imports fob | -199,592 | -216,055 | -236,419 | -172,846 | -247,501 | -289,733 | -330,064 |
Services balance | -3,543 | -1,640 | 1,847 | 1,991 | 2,914 | 2,852 | 2,064 |
Income balance | 9,581 | 10,132 | 9,978 | 12,512 | 13,556 | 12,861 | 10,444 |
Current transfers balance | -3,935 | -3,783 | -2,798 | -2,145 | -2,715 | -2,950 | -3,451 |
Current-account balance | 26,300 | 35,154 | 27,505 | 42,911 | 40,617 | 38,148 | 28,965 |
External debt (US$ m) | |||||||
Debt stock | 85,834c | 93,938c | 90,263c | 78,607c | 92,068c | 109,848 | 123,816 |
Debt service paid | 8,848c | 8,500c | 9,267c | 9,952c | 8,636c | 9,997 | 11,272 |
Principal repayments | 2,514c | 2,064c | 2,225c | 3,367c | 2,823c | 3,096 | 3,039 |
Interest | 6,334c | 6,436c | 7,042c | 6,585c | 5,813c | 6,901 | 8,234 |
International reserves (US$ m) | |||||||
Total international reserves | 270,840 | 275,027 | 296,389 | 352,967 | 387,207c | 437,067 | 482,482 |
a Actual. b Economist Intelligence Unit forecasts. c Economist Intelligence Unit estimates. | |||||||
Source: IMF, International Financial Statistics. |
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