Taiwan (2005) | Taiwan (2004) | |
Age structure | 0-14 years: 19.7% (male 2,349,077/female 2,156,755)
15-64 years: 70.7% (male 8,205,933/female 7,980,056) 65 years and over: 9.6% (male 1,107,708/female 1,094,855) (2005 est.) |
0-14 years: 19.9% (male 2,359,467; female 2,167,438)
15-64 years: 70.7% (male 8,149,231; female 7,924,774) 65 years and over: 9.4% (male 1,091,473; female 1,057,455) (2004 est.) |
Agriculture - products | rice, corn, vegetables, fruit, tea; pigs, poultry, beef, milk; fish | rice, corn, vegetables, fruit, tea; pigs, poultry, beef, milk, fish |
Airports | 40 (2004 est.) | 40 (2003 est.) |
Birth rate | 12.64 births/1,000 population (2005 est.) | 12.7 births/1,000 population (2004 est.) |
Budget | revenues: $67.41 billion
expenditures: $76.7 billion, including capital expenditures of $14.4 billion (2004 est.) |
revenues: $56.58 billion
expenditures: $69.21 billion, including capital expenditures of $14.4 billion (2003 est.) |
Constitution | 25 December 1946; amended in 1992, 1994, 1997, 1999, and 2000 | 25 December 1946, amended in 1992, 1994, 1997, 1999, and 2000 |
Currency | - | new Taiwan dollar (TWD) |
Death rate | 6.38 deaths/1,000 population (2005 est.) | 6.29 deaths/1,000 population (2004 est.) |
Debt - external | $55.5 billion (2004 est.) | $53.44 billion (2003) |
Disputes - international | involved in complex dispute with China, Malaysia, Philippines, Vietnam, and possibly Brunei over the Spratly Islands; 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 | involved in complex dispute with China, Malaysia, Philippines, Vietnam, and possibly Brunei over the Spratly Islands; 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 asserted claims to the Japanese-administered Senkaku Islands (Diaoyu Tai) with increased media coverage and protest actions |
Economy - overview | Taiwan has a dynamic capitalist economy with gradually decreasing guidance of investment and foreign trade by government authorities. In keeping with this trend, some large government-owned banks and industrial firms are being privatized. Exports have provided the primary impetus for industrialization. The trade surplus is substantial, and foreign reserves are the world's third largest. Agriculture contributes less than 2% to GDP, down from 32% in 1952. Taiwan is a major investor throughout Southeast Asia. China has overtaken the US to become Taiwan's largest export market. Because of its conservative financial approach and its entrepreneurial strengths, Taiwan suffered little compared with many of its neighbors from the Asian financial crisis in 1998. The global economic downturn, combined with problems in policy coordination by the administration and bad debts in the banking system, pushed Taiwan into recession in 2001, the first year of negative growth ever recorded. Unemployment also reached record levels. Output recovered moderately in 2002 in the face of continued global slowdown, fragile consumer confidence, and bad bank loans; and the essentially vibrant economy pushed ahead in 2003-04. Growing economic ties with China are a dominant long-term factor, e.g., exports to China of parts and equipment for the assembly of goods for export to developed countries. | Taiwan has a dynamic capitalist economy with gradually decreasing guidance of investment and foreign trade by government authorities. In keeping with this trend, some large government-owned banks and industrial firms are being privatized. Exports have provided the primary impetus for industrialization. The trade surplus is substantial, and foreign reserves are the world's third largest. Agriculture contributes 2% to GDP, down from 32% in 1952. While Taiwan is a major investor throughout Southeast Asia, China has become the largest destination for investment and has overtaken the US to become Taiwan's largest export market. Because of its conservative financial approach and its entrepreneurial strengths, Taiwan suffered little compared with many of its neighbors from the Asian financial crisis in 1998. The global economic downturn, combined with problems in policy coordination by the administration and bad debts in the banking system, pushed Taiwan into recession in 2001, the first year of negative growth ever recorded. Unemployment also reached record levels. Output recovered moderately in 2002 in the face of continued global slowdown, fragile consumer confidence, and bad bank loans. Growing economic ties with China are a dominant long-term factor. Exports to China - mainly parts and equipment for the assembly of goods for export to developed countries - drove Taiwan's economic recovery in 2002. Although the SARS epidemic, Typhoon Maemi, corporate scandals, and a drop in consumer spending caused GDP growth to contract to 3.2% in 2003, increasingly strong export performance kept Taiwan's economy on track, and the government expects Taiwan's economy to grow 4.1% in 2004. |
Electricity - consumption | 147.4 billion kWh (2002) | 140.5 billion kWh (2001) |
Electricity - exports | 0 kWh (2002) | 0 kWh (2001) |
Electricity - imports | 0 kWh (2002) | 0 kWh (2001) |
Electricity - production | 158.5 billion kWh (2002) | 151.1 billion kWh (2001) |
Exchange rates | new Taiwan dollars per US dollar - 33.422 (2004), 34.418 (2003), 34.575 (2002), 33.8 (2001), 33.09 (2000) | new Taiwan dollars per US dollar - 34.418 (2003), 34.575 (2002), 33.8 (2001), 33.09 (2000), 31.6 (1999) |
Executive branch | chief of state: President CHEN Shui-bian (since 20 May 2000) and Vice President Annette LU (LU Hsiu-lien) (since 20 May 2000)
head of government: Premier (President of the Executive Yuan) Frank HSIEH (since 1 February 2005) and Vice Premier (Vice President of the Executive Yuan) - WU Rong-i) (since 18 February 2005) cabinet: Executive Yuan appointed by the president elections: president and vice president elected on the same ticket by popular vote for four-year terms; election last held 20 March 2004 (next to be held in March 2008); premier appointed by the president; vice premiers appointed by the president on the recommendation of the premier election results: CHEN Shui-bian re-elected president; percent of vote - CHEN Shui-bian (DPP) 50.1%, LIEN Chan (KMT) 49.9% |
chief of state: President CHEN Shui-bian (since 20 May 2000) and Vice President Annette LU (LU Hsiu-lien) (since 20 May 2000)
head of government: Premier (President of the Executive Yuan) Frank HSIEH (since 1 February 2005) and Vice Premier (Vice President of the Executive Yuan) YEH Chu-lan (since 20 May 2004) cabinet: Executive Yuan appointed by the president elections: president and vice president elected on the same ticket by popular vote for four-year terms; election last held 20 March 2004 (next to be held in March 2008); premier appointed by the president; vice premiers appointed by the president on the recommendation of the premier election results: CHEN Shui-bian re-elected president; percent of vote - CHEN Shui-bian (DPP) 50.1%, LIEN Chan (KMT) 49.9% |
Exports | NA | NA (2001) |
Exports - partners | China, including Hong Kong 37%, US 16%, Japan 7.7% (2004) | China 25.3%, US 20.5%, Japan 9.2% (2002) |
GDP | - | purchasing power parity - $528.6 billion (2003 est.) |
GDP - composition by sector | agriculture: 1.7%
industry: 30.9% services: 67.4% (2004 est.) |
agriculture: 1.8%
industry: 30.3% services: 67.9% (2003) |
GDP - per capita | purchasing power parity - $25,300 (2004 est.) | purchasing power parity - $23,400 (2003 est.) |
GDP - real growth rate | 6% (2004 est.) | 3.2% (2003 est.) |
Heliports | 3 (2004 est.) | 3 (2003 est.) |
Highways | total: 37,299 km
paved: 35,621 km (including 608 km of expressways) unpaved: 1,678 km (2002) |
total: 35,931 km
paved: 31,583 km (including 608 km of expressways) unpaved: 4,348 km (2000) |
Imports | NA | NA (2001) |
Imports - partners | Japan 26%, US 13%, China, including Hong Kong 11%, South Korea 6.9% (2004) | Japan 24.2%, US 16.1%, China 7.1%, South Korea 6.9% (2002) |
Industrial production growth rate | 12.2% (2004 est.) | 8.4% (2003) |
Industries | electronics, petroleum refining, armaments, chemicals, textiles, iron and steel, machinery, cement, food processing, vehicles, consumer products, pharmaceuticals | electronics, petroleum refining, chemicals, textiles, iron and steel, machinery, cement, food processing |
Infant mortality rate | total: 6.4 deaths/1,000 live births
male: 7.09 deaths/1,000 live births female: 5.65 deaths/1,000 live births (2005 est.) |
total: 6.52 deaths/1,000 live births
male: 7.21 deaths/1,000 live births female: 5.77 deaths/1,000 live births (2004 est.) |
Inflation rate (consumer prices) | 1.7% (2004 est.) | -0.3% (2003 est.) |
Labor force | 10.22 million (2004 est.) | 10.08 million (2003) |
Labor force - by occupation | agriculture 8%, industry 35%, services 57% (2001 est.) | agriculture 7.5%, industry 35%, services 57% (2001 est.) |
Legislative branch | unicameral Legislative Yuan (225 seats - 168 elected by popular vote, 41 elected on basis of proportion of islandwide votes received by participating political parties, 8 elected from overseas Chinese constituencies on basis of proportion of island-wide votes received by participating political parties, 8 elected by popular vote among aboriginal populations; members serve three-year terms) and unicameral National Assembly (300 seat nonstanding body; delegates nominated by parties and elected by proportional representation six to nine months after Legislative Yuan calls to amend Constitution, impeach president, or change national borders)
note: as a result of constitutional amendments approved by the National Assembly on 7 June 2005, the number of seats in the legislature will be reduced from 225 to 113 beginning with the election in 2007; the amendments also eliminate the National Assembly, thus giving Taiwan a unicameral legislature elections: Legislative Yuan - last held 11 December 2004 (next to be held in December 2007); National Assembly - last held 14 May 2005 election results: Legislative Yuan - percent of vote by party - DPP 38%, KMT 35%, PFP 15%, TSU 8%, other parties and independents 4%; seats by party - DPP 89, KMT 79, PFP 34, TSU 12, other parties 7, independents 4; National Assembly - percent of vote by party - DPP 42.5%, KMT 38.9%, TSU 7%, PFP 6%, others 6.6%; seats by party - DPP 127, KMT 117, TSU 21, PFP 18, others 17 (2005) |
unicameral Legislative Yuan (225 seats - 168 elected by popular vote, 41 elected on basis of proportion of islandwide votes received by participating political parties, 8 elected from overseas Chinese constituencies on basis of proportion of island-wide votes received by participating political parties, 8 elected by popular vote among aboriginal populations; members serve three-year terms) and unicameral National Assembly (300 seat nonstanding body; delegates nominated by parties and elected by proportional representation six to nine months after Legislative Yuan calls to amend Constitution, impeach president, or change national borders)
note: the number of seats in the legislature may be reduced from 225 to 113 beginning with the election in 2007 if a proposed constitutional amendment is approved elections: Legislative Yuan - last held 11 December 2004 (next to be held in December 2007) according to proposed constitutional amendment election results: Legislative Yuan - percent of vote by party - DPP 38%, KMT 35%, PFP 15%, TSU 8%, other parties and independents 4%; seats by party - DPP 89, KMT 79, PFP 34, TSU 12, other parties 7, independents 4 |
Life expectancy at birth | total population: 77.26 years
male: 74.49 years female: 80.28 years (2005 est.) |
total population: 77.06 years
male: 74.31 years female: 80.08 years (2004 est.) |
Merchant marine | total: 126 ships (1,000 GRT or over) 3,417,768 GRT/5,617,318 DWT
by type: bulk carrier 36, cargo 23, chemical tanker 2, container 37, passenger/cargo 3, petroleum tanker 15, refrigerated cargo 9, roll on/roll off 1 foreign-owned: 3 (Hong Kong 3) registered in other countries: 432 (2005) |
total: 130 ships (1,000 GRT or over) 3,417,768 GRT/5,617,318 DWT
by type: bulk 36, cargo 23, chemical tanker 2, combination bulk 3, container 37, petroleum tanker 17, refrigerated cargo 10, roll on/roll off 2 foreign-owned: Cuba 1, Hong Kong 4 registered in other countries: 457 (2004 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 | Army, Navy (including Marine Corps), Air Force, Coast Guard Administration, Armed Forces Reserve Command, Combined Service Forces Command, Armed Forces Police Command |
Military expenditures - dollar figure | $7.574 billion (2003) | $7,611.7 million (2003) |
Military expenditures - percent of GDP | 2.6% (2004) | 2.7% (2003) |
Military manpower - availability | - | males age 15-49: 6,556,484 (2004 est.) |
Military manpower - fit for military service | - | males age 15-49: 4,992,737 (2004 est.) |
Military manpower - reaching military age annually | - | males: 182,677 (2004 est.) |
Nationality | noun: Taiwan (singular and plural)
note: example: he or she is from Taiwan; they are from Taiwan adjective: Taiwan |
noun: Chinese/Taiwanese (singular and plural)
adjective: Chinese/Taiwanese |
Net migration rate | 0 migrant(s)/1,000 population (2005 est.) | 0 migrant(s)/1,000 population (2004 est.) |
Political parties and leaders | Democratic Progressive Party or DPP [SU Tseng-chang, chairman]; Kuomintang or KMT (Nationalist Party) [MA Ying-jeou, chairman]; People First Party or PFP [James SOONG (SOONG Chu-yu), chairman]; Taiwan Solidarity Union or TSU [SU Chin-chiang, chairman]; other minor parties including the Chinese New Party or CNP | Democratic Progressive Party or DPP [SU Tseng-chang, chairman]; Kuomintang or KMT (Nationalist Party) [LIEN Chan, chairman]; People First Party or PFP [James SOONG (SOONG Chu-yu), chairman]; Taiwan Solidarity Union or TSU [SU Chin-chiang, chairman]; other minor parties including the Chinese New Party or CNP |
Population | 22,894,384 (July 2005 est.) | 22,749,838 (July 2004 est.) |
Population growth rate | 0.63% (2005 est.) | 0.64% (2004 est.) |
Railways | total: 2,497 km
narrow gauge: 1,097 km 1.067-m gauge (685 km electrified) note: 1,400 km .762-m gauge (belonging to the Taiwan Sugar Corporation and to the Taiwan Forestry Bureau used to haul products and limited numbers of passengers (2004) |
total: 2,544 km
narrow gauge: 1,108 km 1.067-m gauge (519 km electrified) note: 1,400 km .762-m gauge (belonging to the Taiwan Sugar Corporation and to the Taiwan Forestry Bureau used to haul products and limited numbers of passengers (2003) |
Sex ratio | at birth: 1.1 male(s)/female
under 15 years: 1.09 male(s)/female 15-64 years: 1.03 male(s)/female 65 years and over: 1.01 male(s)/female total population: 1.04 male(s)/female (2005 est.) |
at birth: 1.1 male(s)/female
under 15 years: 1.09 male(s)/female 15-64 years: 1.03 male(s)/female 65 years and over: 1.03 male(s)/female total population: 1.04 male(s)/female (2004 est.) |
Total fertility rate | 1.57 children born/woman (2005 est.) | 1.57 children born/woman (2004 est.) |
Unemployment rate | 4.5% (2004 est.) | 5% (2003 est.) |