Lewes, DE -- (SBWIRE) -- 06/12/2017 -- As per International Monetary Fund (IMF) Taiwan's real gross domestic product is expected to grow at a CAGR of 2.04% from its 2015 level of TWD 15641.35 billionand reach 18022.15billion by 2022.

Taiwan, officially the Republic of China, is an island of approximately 36,000 square kilometres, about the size of the Netherlands. It is situated southwest of Japan, north of the Philippines, and about 180 kilometres off the South-Eastern coast of mainland China. The ROC's territory consists of Taiwan proper, as well as Kinmen, Matsu, Penghu and other minor islands. China has claimed sovereignty over Taiwan since the end of the Chinese civil war in 1949, when the defeated Nationalist government fled to the island as the Communists, under Mao Zedong, swept to power.

Taiwan had estimated population of 23.54 million in the year 2016 and expected to reach 23.828 million by 2022. Taiwan's around 11.267 million population was employed in 2016 and the unemployment rate was 3.92% of total labor force.

Taiwan's real gross domestic product (GDP) was around TWD 15860.58 billions in 2016 whereas the nominal GDP was TWD 17085.54 billions. This resulted in GDP deflator 107.723. Per capita GDP was estimated at USD 22453.43 whereas purchasing power parity (PPP) based per capita GDP was estimated to be at USD 48094.787.

In 2016, Taiwan government's revenue was TWD 2722.74 billions whereas the expenditure was TWD 3003.998 billions. This resulted Taiwan government's net lending / borrowing negative at TWD 281.257 billion in 2016 indicating that enough financial resources were not made available by the government to boost economic growth.

The current account balance for Taiwan was estimated to be at USD 75.291 billions for the year 2016 and is expected to grow at a CAGR of 4.46% and reach USD 103.348 by 2022. This positive current account balance indicates the Taiwan is net lender to the whole world. The newly launched market research reports featuring Taiwan's PESTEL analysis, SWOT analysis and Risk analysis are aimed at providing insights about Taiwanese economy and market.

Scope of the Taiwan PESTEL Analysis, SWOT Analysis and Risk Analysis Market Research Reports

- These reports provide information about key macroeconomic indicators for Taiwan.

- These reports provide PESTELE (political, economic, social, technological, environmental and legal) analysis for Taiwan.

- These reports provide SWOT (strengths, weaknesses, opportunities and threats) analysis for Taiwan.

- These reports provide risk analysis for Taiwan.

For more information and to purchase Taiwan PESTEL Analysis Market Research Report please visit:

http://www.marketresearchreports.com/market-research-reports-inc/taiwan-pestel-analysis-market-research-report

For more information and to purchase TaiwanSWOT Analysis Market Research Report please visit:

http://www.marketresearchreports.com/market-research-reports-inc/taiwan-swot-analysis-market-research-report

For more information and to purchase TaiwanRisk Analysis Market Research Report please visit:

http://www.marketresearchreports.com/market-research-reports-inc/taiwan-risk-analysis-market-research-report

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