SELECT EDITION
CATEGORIES
◆ COMMUNICATIONS(7 fields)
Broadcast media
5 nationwide television networks operating roughly 75 TV stations; about 85% of households utilize multi-channel cable TV; national and regional radio networks with about 170 radio stations (2008)
Internet country code
.tw
Internet hosts
6.272 million (2012) country comparison to the world: 18
Internet users
16.147 million (2009) country comparison to the world: 24
Telephone system
general assessment: provides telecommunications service for every business and private need domestic: thoroughly modern; completely digitalized international: country code - 886; roughly 15 submarine fiber cables provide links throughout Asia, Australia, the Middle East, Europe, and the US; satellite earth stations - 2
Telephones - main lines in use
16.907 million (2011) country comparison to the world: 17
Telephones - mobile cellular
28.865 million (2011) country comparison to the world: 34
◆ ECONOMY(39 fields)
Agriculture - products
rice, vegetables, fruit, tea, flowers; pigs, poultry; fish
Budget
revenues: $78.97 billion expenditures: $92.44 billion (2012 est.)
Budget surplus (+) or deficit (-)
-2.9% of GDP (2012 est.) country comparison to the world: 99
Central bank discount rate
1.625% (31 December 2010) country comparison to the world: 132 1.25% (February 2009)
Commercial bank prime lending rate
2.9% (31 December 2012 est.) country comparison to the world: 178 2.88% (31 December 2011 est.)
Current account balance
$40.88 billion (2012 est.) country comparison to the world: 12 $41.6 billion (2011 est.)
Debt - external
$127.4 billion (31 December 2012 est.) country comparison to the world: 38 $125.7 billion (31 December 2011 est.)
Distribution of family income - Gini index
32.6 (2000) country comparison to the world: 101
Economy - overview
Taiwan has a dynamic capitalist economy with gradually decreasing government guidance of investment and foreign trade. Exports, led by electronics, machinery, and petrochemicals have provided the primary impetus for economic development. This heavy dependence on exports exposes the economy to fluctuations in world demand. In 2009, Taiwan's GDP contracted 1.9%, due primarily to a 20% year-on-year decline in exports. In 2010 GDP grew 10.9%, as exports returned to the level of previous years, and in 2011, grew 4%. However, 2012 growth fell to just 1.3%, because of softening global demand. Taiwan's diplomatic isolation, low birth rate, and rapidly aging population are major long-term challenges. Free trade agreements have proliferated in East Asia over the past several years, but so far Taiwan has been excluded from this greater economic integration - with the exception of the landmark Economic Cooperation Framework Agreement (ECFA) signed with China in June 2010 - in part because of its diplomatic status. Follow-on components of ECFA, including deals on trade in goods and services, have yet to be completed. The MA administration has said that the ECFA will serve as a stepping stone toward trade pacts with other key trade partners, and talks with Singapore on a deal began in 2010. Taiwan's Total Fertility rate of just over one child per woman is among the lowest in the world, raising the prospect of future labor shortages, falling domestic demand, and declining tax revenues. Taiwan's population is aging quickly, with the number of people over 65 accounting for 10.9% of the island's total population as of 2011. The island runs a large trade surplus largely because of its surplus with China, and its foreign reserves are the world's fourth largest, behind China, Japan, and Russia. In 2006 China overtook the US to become Taiwan's second-largest source of imports after Japan. China is also the island's number one destination for foreign direct investment. Three financial memorandums of understanding, covering banking, securities, and insurance, took effect in mid-January 2010, opening the island to greater investments from the mainland's financial firms and institutional investors, and providing new opportunities for Taiwan financial firms to operate in China. Closer economic links with the mainland bring greater opportunities for the Taiwan economy, but also poses new challenges as the island becomes more economically dependent on China while political differences remain unresolved.
Exchange rates
New Taiwan dollars (TWD) per US dollar - 29.68 (2012 est.) 29.47 (2011 est.) 31.648 (2010 est.) 33.061 (2009) 31.53 (2008)
Exports
$288.2 billion (2012 est.) country comparison to the world: 22 $307 billion (2011 est.)
Exports - commodities
electronics, flat panels, machinery; metals; textiles, plastics, chemicals; optical, photographic, measuring, and medical instruments
Exports - partners
China 28.1%, Hong Kong 13.8%, US 11.5%, Japan 6.6%, Singapore 4.4% (2010 est.)
Fiscal year
calendar year
GDP (official exchange rate)
$466.1 billion (2012 est.)
GDP (purchasing power parity)
$901.9 billion (2012 est.) country comparison to the world: 20 $890.2 billion (2011 est.) $855.7 billion (2010 est.) note: data are in 2012 US dollars
GDP - composition by sector
agriculture: 1.8% industry: 29.6% services: 68.6% (2012 est.)
GDP - per capita (PPP)
$38,500 (2012 est.) country comparison to the world: 27 $38,300 (2011 est.) $36,900 (2010 est.) note: data are in 2012 US dollars
GDP - real growth rate
1.3% (2012 est.) country comparison to the world: 154 4% (2011 est.) 10.7% (2010 est.)
Household income or consumption by percentage share
lowest 10%: 6.4% highest 10%: 40.3% (2010)
Imports
$261.6 billion (2012 est.) country comparison to the world: 20 $279.2 billion (2011 est.)
Imports - commodities
electronics, machinery, crude petroleum, precision instruments, organic chemicals, metals
Imports - partners
Japan 20.7%, China 14.2%, US 10%, South Korea 6.4%, Saudi Arabia 4.7% (2010 est.)
Industrial production growth rate
5% (2011 est.) country comparison to the world: 65
Inflation rate (consumer prices)
2.3% (2012 est.) country comparison to the world: 39 1.4% (2011 est.)
Investment (gross fixed)
20.1% of GDP (2012 est.) country comparison to the world: 95
Labor force
11.3 million (2012 est.) country comparison to the world: 48
Labor force - by occupation
agriculture: 5.2% industry: 35.9% services: 58.8% (2010 est.)
Market value of publicly traded shares
$784.1 billion (31 December 2010) country comparison to the world: 19 $657.3 billion (31 December 2009) $354.7 billion (31 December 2008)
Population below poverty line
1.16% (2010 est.)
Public debt
39.2% of GDP (2012 est.) country comparison to the world: 92 34.7% of GDP (2011 est.)
Reserves of foreign exchange and gold
$391 billion (31 December 2012 est.) country comparison to the world: 5 $390.6 billion (31 December 2011 est.)
Stock of broad money
$1.129 trillion (31 December 2012 est.) country comparison to the world: 17 $1.008 trillion (31 December 2011 est.)
Stock of direct foreign investment - abroad
$220.8 billion (31 December 2012 est.) country comparison to the world: 21 $213.1 billion (31 December 2011 est.)
Stock of direct foreign investment - at home
$58.4 billion (31 December 2012 est.) country comparison to the world: 52 $56.15 billion (31 December 2011 est.)
Stock of domestic credit
$772 billion (31 December 2012 est.) country comparison to the world: 20 $698.3 billion (31 December 2011 est.)
Stock of narrow money
$412.3 billion (31 December 2012 est.) country comparison to the world: 12 $366.4 billion (31 December 2011 est.)
Taxes and other revenues
16.9% of GDP (2012 est.) country comparison to the world: 180
Unemployment rate
4.3% (2012 est.) country comparison to the world: 39 4.4% (2011 est.)
◆ ENERGY(23 fields)
Carbon dioxide emissions from consumption of energy
305.4 million Mt (2010 est.) country comparison to the world: 21
Crude oil - exports
0 bbl/day (2009 est.) country comparison to the world: 195
Crude oil - imports
952,800 bbl/day (2009 est.) country comparison to the world: 12
Crude oil - production
830 bbl/day (2011 est.) country comparison to the world: 99
Crude oil - proved reserves
2.8 million bbl (1 January 2013 est.) country comparison to the world: 98
Electricity - consumption
203.8 billion kWh (2009 est.) country comparison to the world: 18
Electricity - exports
0 kWh (2010 est.) country comparison to the world: 141
Electricity - from fossil fuels
73.6% of total installed capacity (2009 est.) country comparison to the world: 101
Electricity - from hydroelectric plants
4.7% of total installed capacity (2009 est.) country comparison to the world: 125
Electricity - from nuclear fuels
12.5% of total installed capacity (2009 est.) country comparison to the world: 16
Electricity - from other renewable sources
2.7% of total installed capacity (2009 est.) country comparison to the world: 48
Electricity - imports
0 kWh (2010 est.) country comparison to the world: 143
Electricity - installed generating capacity
41 million kW (2009 est.) country comparison to the world: 23
Electricity - production
213.2 billion kWh (2009 est.) country comparison to the world: 20
Natural gas - consumption
15.16 billion cu m (2010 est.) country comparison to the world: 40
Natural gas - exports
0 cu m (2010 est.) country comparison to the world: 68
Natural gas - imports
14.9 billion cu m (2010 est.) country comparison to the world: 20
Natural gas - production
260 million cu m (2010 est.) country comparison to the world: 75
Natural gas - proved reserves
6.229 billion cu m (1 January 2012 est.) country comparison to the world: 86
Refined petroleum products - consumption
1.036 million bbl/day (2011 est.) country comparison to the world: 21
Refined petroleum products - exports
344,500 bbl/day (2008 est.) country comparison to the world: 24
Refined petroleum products - imports
297,500 bbl/day (2008 est.) country comparison to the world: 22
Refined petroleum products - production
923,900 bbl/day (2008 est.) country comparison to the world: 23
◆ GEOGRAPHY(19 fields)
Area
total: 35,980 sq km country comparison to the world: 139 land: 32,260 sq km water: 3,720 sq km note: includes the Pescadores, Matsu, and Quemoy islands
Area - comparative
slightly smaller than Maryland and Delaware combined
Climate
tropical; marine; rainy season during southwest monsoon (June to August); cloudiness is persistent and extensive all year
Coastline
1,566.3 km
Elevation extremes
lowest point: South China Sea 0 m highest point: Yu Shan 3,952 m
Environment - current issues
air pollution; water pollution from industrial emissions, raw sewage; contamination of drinking water supplies; trade in endangered species; low-level radioactive waste disposal
Environment - international agreements
party to: none of the selected agreements because of Taiwan's international status
Geographic coordinates
23 30 N, 121 00 E
Geography - note
strategic location adjacent to both the Taiwan Strait and the Luzon Strait
Irrigated land
NA
Land boundaries
0 km
Land use
arable land: 24% permanent crops: 1% other: 75% (2001)
Location
Eastern Asia, islands bordering the East China Sea, Philippine Sea, South China Sea, and Taiwan Strait, north of the Philippines, off the southeastern coast of China
Map references
Southeast Asia
Maritime claims
territorial sea: 12 nm exclusive economic zone: 200 nm
Natural hazards
earthquakes; typhoons volcanism: Kueishantao Island (elev. 401 m), east of Taiwan, is its only historically active volcano, although it has not erupted in centuries
Natural resources
small deposits of coal, natural gas, limestone, marble, and asbestos
Terrain
eastern two-thirds mostly rugged mountains; flat to gently rolling plains in west
Total renewable water resources
67 cu km (2000)
◆ GOVERNMENT(20 fields)
Administrative divisions
includes main island of Taiwan plus smaller islands nearby and off coast of China's Fujian Province; Taiwan is divided into 18 counties (hsien, singular and plural), 3 municipalities (shih, singular and plural), and 4 special municipalities (chih-hsia-shih, singular and plural) note: Taiwan uses a variety of romanization systems; while a modified Wade-Giles system still dominates, the city of Taipei has adopted a Pinyin romanization for street and place names within its boundaries; other local authorities use different romanization systems; names for administrative divisions that follow are taken from the Taiwan Yearbook 2007 published by the Government Information Office in Taipei. counties: Changhua, Chiayi (county), Hsinchu (county), Hualien, Kaohsiung (county), Kinmen, Lienchiang, Miaoli, Nantou, Penghu, Pingtung, Taichung, Tainan (county), Taipei (county), Taitung (county), Taoyuan, Yilan, Yunlin municipalities: Chiayi (city), Hsinchu (city), Keelung special municipalities: Kaohsiung (city), Taichung (city), Tainan (city), Taipei (city)
Capital
name: Taipei geographic coordinates: 25 02 N, 121 31 E time difference: UTC+8 (13 hours ahead of Washington, DC during Standard Time)
Constitution
adopted 25 December 1946; promulgated 1 January 1947; effective 25 December 1947; amended many times
Country name
conventional long form: none conventional short form: Taiwan local long form: none local short form: Taiwan former: Formosa
Diplomatic representation from the US
none; commercial and cultural relations with the people on Taiwan are maintained through an unofficial instrumentality, the American Institute in Taiwan (AIT), a private nonprofit corporation that performs citizen and consular services similar to those at diplomatic posts director: Christopher J. MARUT office: #7 Lane 134, Hsin Yi Road, Section 3, Taipei, Taiwan telephone: [1] [886] (02) 2162-2000 FAX: [1] [886] (07) 238-7744 other offices: Kaohsiung
Diplomatic representation in the US
none; commercial and cultural relations with the people in the United States are maintained through an unofficial instrumentality, the Taipei Economic and Cultural Representative Office in the United States (TECRO), a private nonprofit corporation that performs citizen and consular services similar to those at diplomatic posts representative: KING Pu-tsung office: 4201 Wisconsin Avenue NW, Washington, DC 20016 telephone: [1] 202 895-1800 Taipei Economic and Cultural Offices (branch offices): Atlanta, Boston, Chicago, Guam, Houston, Honolulu, Kansas City, Los Angeles, Miami, New York, San Francisco, Seattle
Executive branch
chief of state: President MA Ying-jeou (since 20 May 2008); Vice President WU Den-yih (since 20 May 2012) head of government: Premier Sean C. CHEN (President of the Executive Yuan) (since 6 February 2012); Vice Premier JIANG Yi-huah (since 6 February 2012) cabinet: Executive Yuan - ministers appointed by president on recommendation of premier (For more information visit theWorld Leaders website) elections: president and vice president elected on the same ticket by popular vote for four-year terms (eligible for a second term); election last held on 14 January 2012 (next to be held in January 2016); premier appointed by the president; vice premiers appointed by the president on the recommendation of the premier election results: MA Ying-jeou elected president; percent of vote - MA Ying-jeou 51.6%, TSAI Ing-wen 45.6%, James SONG Chu-ye 2.8%
Flag description
red field with a dark blue rectangle in the upper hoist-side corner bearing a white sun with 12 triangular rays; the blue and white design of the canton (symbolizing the sun of progress) dates to 1895; it was later adopted as the flag of the Kuomintang Party; blue signifies liberty, justice, and democracy; red stands for fraternity, sacrifice, and nationalism, white represents equality, frankness, and the people's livelihood; the 12 rays of the sun are those of the months and the twelve traditional Chinese hours (each ray equals two hours)
Government type
multiparty democracy
International law organization participation
has not submitted an ICJ jurisdiction declaration; non-party state to the ICCt
International organization participation
ADB, APEC, BCIE, ICC (national committees), IOC, ITUC (NGOs), WTO
Judicial branch
Judicial Yuan (justices appointed by the president with consent of the Legislative Yuan)
Legal system
civil law system
Legislative branch
unicameral Legislative Yuan (113 seats - 73 district members elected by popular vote, 34 at-large members elected on basis of proportion of islandwide votes received by participating political parties, 6 elected by popular vote among aboriginal populations; members to serve four-year terms); parties must receive 5% of vote to qualify for at-large seats elections: Legislative Yuan - last held on 14 January 2011 (next to be held in January 2016) election results: Legislative Yuan - percent of vote by party - KMT 44.6%, DPP 34.6%, TSU 9.0%, PFP 5.5%, others 6.3%; seats by party - KMT 64, DPP 40, PFP 3, TSU 3, NPSU 2, independent 1
National anthem
name: "Zhonghua Minguo guoge" (National Anthem of the Republic of China) lyrics/music: HU Han-min, TAI Chi-t'ao, and LIAO Chung-k'ai/CHENG Mao-Yun note: adopted 1930; the anthem is also the song of the Kuomintang Party; it is informally known as "San Min Chu I" or "San Min Zhu Yi" (Three Principles of the People); because of political pressure from China, "Guo Qi Ge" (National Banner Song) is used at international events rather than the official anthem of Taiwan; the "National Banner Song" has gained popularity in Taiwan and is commonly used during flag raisings
National holiday
Republic Day (Anniversary of the Chinese Revolution), 10 October (1911)
National symbol(s)
white, 12-rayed sun on blue field
Political parties and leaders
Democratic Progressive Party or DPP [SU Tseng-chang]; Kuomintang or KMT (Nationalist Party) [MA Ying-jeou]; Non-Partisan Solidarity Union or NPSU [LIN Pin-kuan]; People First Party or PFP [James SOONG]
Political pressure groups and leaders
environmental groups; independence movement; various business groups note: debate on Taiwan independence has become acceptable within the mainstream of domestic politics on Taiwan; public opinion polls consistently show a substantial majority of Taiwan people supports maintaining Taiwan's status quo for the foreseeable future; advocates of Taiwan independence oppose the stand that the island will eventually unify with mainland China; advocates of eventual unification predicate their goal on the democratic transformation of the mainland
Suffrage
20 years of age; universal
◆ INTRODUCTION(1 fields)
Background
In 1895, military defeat forced China's Qing Dynasty to cede Taiwan to Japan. Taiwan came under Chinese Nationalist control after World War II. Following the Communist victory on the mainland in 1949, 2 million Nationalists fled to Taiwan and established a government using the 1947 constitution drawn up for all of China. Beginning in the 1950s, the ruling authorities gradually democratized and incorporated the local population within the governing structure. This process expanded rapidly in the 1980s. In 2000, Taiwan underwent its first peaceful transfer of power from the Nationalist to the Democratic Progressive Party. Throughout this period, the island prospered and became one of East Asia's economic "Tigers." The dominant political issues continue to be the relationship between Taiwan and China - specifically the question of Taiwan's eventual status - as well as domestic political and economic reform.
◆ MILITARY(6 fields)
Manpower available for military service
males age 16-49: 6,183,567 females age 16-49: 6,006,676 (2010 est.)
Manpower fit for military service
males age 16-49: 5,074,173 females age 16-49: 4,951,088 (2010 est.)
Manpower reaching militarily significant age annually
male: 166,190 female: 155,306 (2010 est.)
Military branches
Army, Navy (includes Marine Corps), Air Force, Coast Guard Administration, Armed Forces Reserve Command, Combined Service Forces Command, Armed Forces Police Command
Military expenditures
2.2% of GDP; note - in 2009, the Taiwanese president pledged to maintain defense spending at 3.0% or higher; projected 2.73% for 2011 (2009)
Military service age and obligation
19-35 years of age for male compulsory military service; service obligation - 2 years; women may enlist; women in Air Force service are restricted to noncombat roles; reserve obligation to age 30 (Army); the Ministry of Defense is in the process of implementing a voluntary enlistment system over the period 2010-2015, although nonvolunteers will still be required to perform alternative service or go through 4 months of military training (2010)
◆ PEOPLE AND SOCIETY(20 fields)
Age structure
0-14 years: 14.7% (male 1,771,850/ female 1,652,808) 15-64 years: 74% (male 8,620,591/ female 8,564,624) 65 years and over: 11.3% (male 1,235,020/ female 1,390,043) (2012 est.)
Birth rate
8.7 births/1,000 population (2012 est.) country comparison to the world: 213
Death rate
6.7 deaths/1,000 population (July 2012 est.) country comparison to the world: 144
Education expenditures
NA
Ethnic groups
Taiwanese (including Hakka) 84%, mainland Chinese 14%, indigenous 2%
HIV/AIDS - adult prevalence rate
NA
HIV/AIDS - deaths
NA
HIV/AIDS - people living with HIV/AIDS
NA
Infant mortality rate
total: 4.6 deaths/1,000 live births country comparison to the world: 187 male: 5 deaths/1,000 live births female: 4.2 deaths/1,000 live births (2012 est.)
Languages
Mandarin Chinese (official), Taiwanese (Min), Hakka dialects
Life expectancy at birth
total population: 78.48 years country comparison to the world: 52 male: 75.66 years female: 81.53 years (2012 est.)
Literacy
definition: age 15 and over can read and write total population: 96.1% male: NA female: NA (2003)
Median age
total: 38.1 years male: 37.4 years female: 38.8 years (2012 est.)
Nationality
noun: Taiwan (singular and plural) note: example - he or she is from Taiwan; they are from Taiwan adjective: Taiwan (or Taiwanese)
Net migration rate
0.03 migrant(s)/1,000 population (2012 est.) country comparison to the world: 71
Population
23,234,936 (July 2012 est.) country comparison to the world: 51
Population growth rate
0.29% (2012 est.) country comparison to the world: 167
Religions
mixture of Buddhist and Taoist 93%, Christian 4.5%, other 2.5%
Sex ratio
at birth: 1.08 male(s)/female under 15 years: 1.08 male(s)/female 15-64 years: 1.01 male(s)/female 65 years and over: 0.9 male(s)/female total population: 1.01 male(s)/female (2011 est.)
Total fertility rate
1.1 children born/woman (2012 est.) country comparison to the world: 221
◆ TRANSNATIONAL ISSUES(2 fields)
Disputes - international
involved in complex dispute with Brunei, China, Malaysia, the Philippines, and Vietnam over the Spratly Islands, and with China and the Philippines over Scarborough Reef; the 2002 "Declaration on the Conduct of Parties in the South China Sea" has eased tensions but falls short of a legally binding "code of conduct" desired by several of the disputants; Paracel Islands are occupied by China, but claimed by Taiwan and Vietnam; in 2003, China and Taiwan became more vocal in rejecting both Japan's claims to the uninhabited islands of the Senkaku-shoto (Diaoyu Tai) and Japan's unilaterally declared exclusive economic zone in the East China Sea where all parties engage in hydrocarbon prospecting
Illicit drugs
regional transit point for heroin, methamphetamine, and precursor chemicals; transshipment point for drugs to Japan; major problem with domestic consumption of methamphetamine and heroin; rising problems with use of ketamine and club drugs
◆ TRANSPORTATION(10 fields)
Airports
40 (2012) country comparison to the world: 106
Airports - with paved runways
total: 37 over 3,047 m: 8 2,438 to 3,047 m: 7 1,524 to 2,437 m: 11 914 to 1,523 m: 9 under 914 m: 2 (2012)
Airports - with unpaved runways
total: 3 1,524 to 2,437 m: 2 under 914 m: 1 (2012)
Heliports
32 (2012)
Merchant marine
total: 112 country comparison to the world: 47 by type: bulk carrier 35, cargo 20, chemical tanker 1, container 31, passenger/cargo 4, petroleum tanker 12, refrigerated cargo 7, roll on/roll off 2 foreign-owned: 3 (France 2, Vietnam 1) registered in other countries: 579 (Argentina 2, Cambodia 1, Honduras 1, Hong Kong 25, Indonesia 1, Italy 10, Kiribati 2, Liberia 94, Marshall Islands 8, Panama 328, Philippines 1, Sierra Leone 7, Singapore 77, South Korea 1, Thailand 1, UK 11, Vanuatu 1, unknown 8) (2010)
Pipelines
gas 412 km (2010)
Ports and terminals
Chilung (Keelung), Kaohsiung, Hualian, Taichung
Railways
total: 1,580 km country comparison to the world: 79 standard gauge: 345 km 1.435-m gauge (345 km electrified) narrow gauge: 1,085 km 1.067-m gauge (685 km electrified); 150 km 0.762-m gauge note: the 0.762 gauge track belongs to three entities, the Forestry Bureau, Taiwan Cement, and TaiPower (2009)
Roadways
total: 41,475 km country comparison to the world: 87 paved: 41,033 km (includes 720 km of expressways) unpaved: 442 km (2009)
Shipyards and Ship Building
Shipyards: 6 Ships Built: 18 (2009)