COUNTRY PROFILE Taiwan
Statistical tables Factor I: Economic Performance WORLD COMPETITIVENESS RANKING 2018 All data are available from the World Competitiveness Online. Visit our eshop 1
COMPETITIVENESS TRENDS - OVERALL TAIWAN OVERALL PERFORMANCE (63 countries) 13 11 CHALLENGES IN 2018 Towards Towards a nation a nation with with secure secure and and prosperous prosperous homeland homeland environment, sustainable population growth, and balanced regional development. Accelerate industrial innovation and restructuring for upgrades. Improve labor participation and cultivation, and talent recruitment. Foster social cohesion and social inclusion. Towards environmental sustainability, including energy saving and carbon reduction. Provided National Development by: Council, Taipai National Development Council, Taipai 1 1 17 BASIC FACTS Rank Capital Land area (square km '000) Taipei 36 2017 Exchange Rate (per $) 30.39 2017 Population - market size (millions) 23.7 2017 29 Gross Domestic Product (GDP) (US$ billions) 73.1 2017 22 GDP (PPP) per capita (US$) 0,29 2017 1 Real GDP growth (%) 2.9 2017 33 Consumer price inflation (%) 0.62 2017 8 Unemployment rate (%) 3.76 2017 12 Labor force (millions) 11.80 2017 29 Current account balance (% of GDP) 1.67 2017 3 Direct investment stocks inward ($bn) 7.0 2016 6 Direct investment flows inward (% of GDP) 0.7 2017 COMPETITIVENESS LANDSCAPE Economic Performance Government Efficiency Business Efficiency Infrastructure Domestic Economy International Trade International Investment Employment Prices Public Finance Tax Policy Institutional Framework Business Legislation Societal Framework Productivity & Efficiency Labor Market Finance Management Practices Attitudes and Values Basic Infrastructure Technological Infrastructure Scientific Infrastructure Health and Environment Education 9 10 9 10 28 1 22 30 22 38 23 39 18 33 PEER GROUPS RANKINGS ASIA - PACIFIC (1 countries) POPULATIONS > 20 MILLION (29 countries) 3 3 3 2
COMPETITIVENESS TRENDS - FACTOR BREAKDOWN TAIWAN ECONOMIC PERFORMANCE 1 11 1 12 1 Sub-Factor Rankings : 2017 Domestic Economy 27 International Trade 10 International Investment 29 Employment 22 Prices 11 2018 28 1 9 GOVERNMENT EFFICIENCY 12 9 9 10 12 Sub-Factor Rankings : 2017 Public Finance 10 Tax Policy Institutional Framework 1 Business Legislation 29 Societal Framework 2 2018 10 22 30 22 BUSINESS EFFICIENCY 17 1 16 1 20 Sub-Factor Rankings : 2017 Productivity & Efficiency 17 Labor Market 26 Finance 20 Management Practices Attitudes and Values 16 2018 38 9 23 INFRASTRUCTURE 17 18 22 Sub-Factor Rankings : 2017 Basic Infrastructure 30 Technological Infrastructure 1 Scientific Infrastructure 10 Health and Environment 36 Education 2 2018 39 18 10 33 3
WORLD COMPETITIVENESS DIGITAL RANKING 2018 All data are available from the World Competitiveness Online. Visit our eshop
DIGITAL TRENDS - OVERALL TAIWAN OVERALL PERFORMANCE (63 countries) Overall Alpha Alpha Factors Beta BetaLabel Gamma GammaLab Sub-Factors 1 2 2 2 2 2 2 2 2 6. 2 2 8. 2 2 10. 2 2 2 2 13 Knowledge Talent Training & education Scientific concentration 16 11 13 10 Technology Regulatory framework Capital Technological framework 22 28 13 23 The direction of the triangle indicates the performance change from the last year: improved or stable declined Future readiness Adaptive attitudes Business agility IT integration OVERALL & FACTORS - years OVERALL Knowledge Technology Future readiness 16 1 16 12 16 22 16 10 8 7 11 20 20 22 16 22 COMPETITIVENESS & DIGITAL RANKINGS Digital Competitiveness N.B. This graph provides only a comparison of the country s performance in the two rankings. 13 16 11 1 1 16 12 1 16 17 PEER GROUPS RANKINGS ASIA - PACIFIC (1 countries) POPULATIONS > 20 MILLION (29 countries) 3 7 6 6
u Overall top strengths w Overall top weaknesses FACTORS BREAKDOWN - STRENGHTS AND WEAKNESSES TAIWAN KNOWLEDGE Subfactors Talent 17 18 2 Training & education 23 22 23 28 2 Scientific concentration 20 17 13 Talent Rank Rank Rank Training & education Scientific concentration u Educational assessment PISA - Math 3 Employee training 18 Total expenditure on R&D (%) International experience w Total public expenditure on education 7 u Total R&D personnel per capita 1 w Foreign highly-skilled personnel Higher education achievement w Female researchers 8 Management of cities 30 w Pupil-teacher ratio (tertiary education) 3 R&D productivity by publication 3 Digital/Technological skills 0 Graduates in Sciences 10 Scientific and technical employment 36 Net flow of international students 12 Women with degrees 3 High-tech patent grants 1 TECHNOLOGY Subfactors Regulatory framework 26 22 2 2 Capital 6 6 8 13 Technological framework 6 10 Regulatory framework Rank Capital Rank Technological framework Rank Starting a business 11 u IT & media stock market capitalization 2 Communications technology 33 Enforcing contracts 9 Funding for technological development 28 u Mobile Broadband subscribers 2 Immigration laws 36 Banking and financial services 26 Wireless broadband 20 Development and app. of technology 3 Investment risk 18 Internet users Scientific research legislation 26 Venture capital 31 Internet bandwidth speed 13 Intellectual property rights 28 w Investment in Telecommunications u High-tech exports (%) 3 FUTURE READINESS Subfactors Adaptive attitudes 20 28 Business agility 20 2 6 13 IT integration 22 23 2 22 23 Adaptive attitudes Rank Business agility Rank IT integration Rank E-Participation - Opportunities and threats 8 E-Government - Internet retailing 20 Innovative firms - Public-private partnerships Tablet possession 28 Agility of companies 7 Cyber security 11 Smartphone possession 27 Use of big data and analytics 13 Sofware piracy 2 Attitudes toward globalization 1 Knowledge transfer 18 6
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