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Doing Business In - Taiwan

At a Glance

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  • Taiwan has a dynamic, capitalist, export-driven economy with gradually decreasing state involvement in investment and foreign trade.
     
  • Some large government-owned banks and industrial firms are being privatised.
     
  • Real annual growth in GDP has averaged about eight percent during the past three decades.
     
  • Exports have provided the primary impetus for industrialisation.
     
  • Taiwan’s total trade in 2010 reached an all-time high of US$526.04 billion, according to Taiwan's Ministry of Finance. Both exports and imports for the year reached record levels, totaling US$274.64 billion and US$251.4 billion, respectively.