Compare Taiwan (2008) - Taiwan (2007)

Compare Taiwan (2008) z Taiwan (2007)

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	Taiwan (2008)	Taiwan (2007)

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), 5 municipalities (shih, singular and plural), and 2 special municipalities (chuan-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, Hualien, Kaohsiung [county], Kinmen, Lienchiang, Miaoli, Nantou, Penghu, Pingtung, Taichung, Tainan, Taipei [county], Taitung, Taoyuan, Yilan, and Yunlin municipalities: Chiayi [city], Hsinchu, Keelung, Taichung, Tainan special municipalities: Kaohsiung [city], Taipei [city]	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), 5 municipalities (shih, singular and plural), and 2 special municipalities (chuan-shih, singular and plural) note: Taiwan uses a variety of romanization systems; while the Wade-Giles system still dominates, city of Taipei has adopted standard Pinyin romanization for street and place names within its boundaries; other local authorities use different romanization systems; names for administrative divisions that follow are in Wade-Giles system with Pinyin equivalents in parentheses counties: Chang-hua (Changhua), Chia-i (Chiayi) [county], Hsin-chu (Hsinchu), Hua-lien (Hualien), I-lan (Yilan), Kao-hsiung (Kaohsiung) [county], Kin-men (Kinmen), Lien-chiang (Lienchiang, also Matsu), Miao-li (Miaoli), Nan-t'ou (Nantou), P'eng-hu (Penghu), P'ing-tung (Pingtung), T'ai-chung (Taichung), T'ai-nan (Tainan), T'ai-pei (Taipei) [county], T'ai-tung (Taitung), T'ao-yuan (Taoyuan), and Yun-lin (Yunlin) municipalities: Chia-i (Chiayi) [city], Chi-lung (Keelung), Hsin-chu (Hsinchu), T'ai-chung (Taichung), T'ai-nan (Tainan) special municipalities: Kao-hsiung (Kaohsiung) [city], T'ai-pei (Taipei) [city]
Budget	revenues: $49 billion expenditures: $5.19 billion (2007 est.)	revenues: $73.1 billion expenditures: $72.44 billion (2006 est.)
Debt - external	$85.8 billion (31 December 2007)	$91.92 billion (2006 est.)
Economy - overview	Taiwan has a dynamic capitalist economy with gradually decreasing guidance of investment and foreign trade by the authorities. In keeping with this trend, some large, state-owned banks and industrial firms are being privatized. Exports have provided the primary impetus for industrialization. The island runs a large trade surplus, and its foreign reserves are among the world's largest. Despite restrictions on cross-strait links, China has overtaken the US to become Taiwan's largest export market and its second-largest source of imports after Japan. China is also the island's number one destination for foreign direct investment. Strong trade performance in 2007 pushed Taiwan's GDP growth rate above 5%, and unemployment is below 4%.	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 island runs a trade surplus, and foreign reserves are the world's third largest. Despite restrictions on cross-strait links, China has overtaken the US to become Taiwan's largest export market and, in 2006, its second-largest source of imports after Japan. China is also the island's number one destination for foreign direct investment. Strong trade performance in 2006 pushed Taiwan's GDP growth rate above 4%, and unemployment is below 4%. Consumer spending recovered following a slowdown early in 2006, when banks tightened lending to address a sharp increase in delinquent consumer debt.
Electricity - consumption	221 billion kWh (2006)	201.6 billion kWh (2005)
Electricity - exports	0 kWh (2007 est.)	0 kWh (2005)
Electricity - imports	0 kWh (2007)	0 kWh (2005)
Electricity - production	235 billion kWh (2006)	210.3 billion kWh (2005)
Exchange rates	New Taiwan dollars per US dollar - 32.84 (2007), 32.534 (2006), 31.71 (2005), 34.418 (2004), 34.575 (2003)	new Taiwan dollars per US dollar - 32.534 (2006), 31.71 (2005), 34.418 (2004), 34.575 (2003), 33.8 (2002)
Executive branch	chief of state: President CHEN Shui-bian (since 20 May 2000); Vice President Annette LU (LU Hsiu-lien) (since 20 May 2000) head of government: Premier (President of the Executive Yuan) CHANG Chun-hsiung (since 21 May 2007); Vice Premier (Vice President of the Executive Yuan) CHIOU I-jen (since 21 May 2007) cabinet: Executive Yuan - (ministers appointed by president on recommendation of premier) 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 20 March 2004 (next to be held 22 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 50.1%, LIEN Chan 49.9%	chief of state: President CHEN Shui-bian (since 20 May 2000); Vice President Annette LU (LU Hsiu-lien) (since 20 May 2000) head of government: Premier (President of the Executive Yuan) CHANG Chun-hsiung (since 21 May 2007); Vice Premier (Vice President of the Executive Yuan) CHIOU I-jen (since 21 May 2007) cabinet: Executive Yuan - (ministers appointed by president on recommendation of premier) 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 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 50.1%, LIEN Chan 49.9%
Exports	289,200 bbl/day (2006)	NA bbl/day
Exports - commodities	electronic and electrical products, metals, textiles, plastics, chemicals, auto parts (2002)	computer products and electrical equipment, metals, textiles, plastics and rubber products, chemicals (2002)
Exports - partners	China 24%, Hong Kong 15%, US 13.4%, Japan 6.7% (2007)	China 22.5%, Hong Kong 15.7%, US 15%, Japan 7.3% (2006 est.)
Fiscal year	calendar year	1 July - 30 June
GDP - composition by sector	agriculture: 1.6% industry: 26.8% services: 71.5% (2007 est.)	agriculture: 1.5% industry: 26.8% services: 71.7% (2006 est.)
GDP - real growth rate	5.5% (2007 est.)	4.7% (2006 est.)
Imports	1.208 million bbl/day (2006)	NA bbl/day
Imports - commodities	electronic and electrical products, machinery, petroleum, precision instruments, organic chemicals, metals (2002)	machinery and electrical equipment 44.5%, minerals, precision instruments (2002)
Imports - partners	Japan 21%, China 12.7%, US 12.2%, South Korea 7.1%, Saudi Arabia 4.6% (2007)	Japan 23%, China 11.9%, US 10.9%, South Korea 7.2%, Saudi Arabia 4.9% (2006 est.)
Industrial production growth rate	7.5% (2007 est.)	6.5% (2006 est.)
Inflation rate (consumer prices)	1.8% (2007 est.)	0.6% (2006 est.)
International organization participation	ADB, APEC, BCIE, ICC, IOC, ITUC, WCL, WTO	APEC, AsDB, ICC, ICRM, IOC, ITUC, WCL, WHO (observer), WTO
Labor force	10.78 million (2007 est.)	10.52 million (2006 est.)
Labor force - by occupation	agriculture: 5.3% industry: 36.8% services: 57.9% (2007 est.)	agriculture: 5.5% industry: 36% services: 58.5% (2005 est.)
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; to serve four-year terms); parties must receive 5% of vote to qualify for at-large seats elections: Legislative Yuan - last held 12 January 2008 (next to be held in January 2012) election results: Legislative Yuan - percent of vote by party - KMT 53.5%, DPP 38.2%, NPSU 2.4%, PFP 0.3%, others 1.6%, independents 4%; seats by party - KMT 81, DPP 27, NPSU 3, PFP 1, independent 1	unicameral Legislative Yuan (225 seats; 168 members 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 islandwide votes received by participating political parties, 8 elected by popular vote among aboriginal populations; to serve three-year terms) note: as a result of constitutional amendments approved by the now defunct National Assembly in June 2005, number of seats in legislature will be reduced from 225 to 113 beginning with election in 2007; amendments also eliminated National Assembly thus giving Taiwan a unicameral legislature elections: Legislative Yuan - last held 11 December 2004 (next to be held in December 2007) 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
Pipelines	condensate 25 km; gas 661 km (2007)	condensate 25 km; gas 661 km (2006)
Political parties and leaders	Democratic Progressive Party or DPP [Frank HSIEH or HSIEH Chang-ting] (acting); Kuomintang or KMT (Nationalist Party) [WU Po-hsiung]; Non-Partisan Solidarity Union or NPSU [CHANG Po-ya]; People First Party or PFP [James SOONG]	Democratic Progressive Party or DPP [CHEN Shui-bian]; Kuomintang or KMT (Nationalist Party) [WU Po-hsiung]; People First Party or PFP [James SOONG]; Taiwan Solidarity Union or TSU [HUANG Kun-hui]; other minor parties including the Chinese New Party or NP
Population below poverty line	0.95% (2007 est.)	0.9% (2006 est.)
Radio broadcast stations	AM 140, FM 229, shortwave 49	AM 218, FM 333, shortwave 50 (1999)
Railways	total: 1,588 km standard gauge: 345 km 1.435-m gauge narrow gauge: 1,093 km 1.067-m gauge note: 150 km .762-m gauge (belonging primarily to Taiwan Sugar Corporation and Taiwan Forestry Bureau; some to other entities) (2007)	total: 2,502 km narrow gauge: 1,102 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 carry products and limited numbers of passengers (2006)
Telephone system	general assessment: provides telecommunications service for every business and private need domestic: thoroughly modern; completely digitalized international: country code - 886; numerous submarine cables provide links throughout Asia, Australia, the Middle East, Europe, and US; 2 satellite earth stations	general assessment: provides telecommunications service for every business and private need domestic: thoroughly modern; completely digitalized international: country code - 886; satellite earth stations - 2 Intelsat (1 Pacific Ocean and 1 Indian Ocean); submarine cables to Japan (Okinawa), Philippines, Guam, Singapore, Hong Kong, Indonesia, Australia, Middle East, and Western Europe (1999)
Television broadcast stations	76 (46 digital and 30 analog)	29 (plus 2 repeaters) (1997)
Unemployment rate	3.9% (2007)	3.9% (2006 est.)

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