Belarus vs Taiwan: Economic Indicators Comparison

Taiwan with a GDP of $585.8B ranked the 21st largest economy in the world, while Belarus ranked 78th with $59.7B. By GDP 5-years average growth and GDP per capita, Taiwan and Belarus ranked 115th vs 167th and 38th vs 97th, respectively.

Gross Domestic Product & Income

StatBelarusTaiwan
GDP$59.7B$585.8B
GDP growth, 1 year3%2.6%
GDP growth, 5-years average0.2%2.4%
Population9.4M23.6M
GDP per capita$6.3k$25k
GDP per capita growth3.19%N/A
Purchasing Power Parity conversion factor0.64N/A
Price level ratio of PPP conversion factor GDP to market exchange rate0.31N/A
GDP per capita, PPP adjusted$20k$53k
GNI, Atlas method$53.8BN/A
GNI per capita$5.7kN/A
GNI, PPP adjusted$182.5BN/A
GNI per capita, PPP adjusted$19kN/A

Financial system and Human development

StatBelarusTaiwan
Income Tax Rate13%45%
Corporate Tax Rate18%20%
Inflation, consumer prices4.9%1.5%
Inflation, GDP deflator11.6%N/A
Unemployment5.7%3.7%
Economic Freedom Index61.777.1
Personal Freedom Index6.248.09
Human Freedom Index6.167.79
Property Rights Index63.286.9
Judical Effectiveness Index48.470.1
Business Freedom Index76.493.9
Fiscal Health Index95.491
Labor Freedom Index74.860.3
Investment Freedom Index3060
Financial Freedom Index2060
Trade Freedom Index8286
Monetary Freedom Index69.882.7
Government Spending Index54.190.5
Tax Burden Index88.875
Government Integrity Index37.468.9
Corruption Perceptions Index4463
Life expectancy at birth, years74.180.2
Suicide mortality rate, per 100,000 people26.212.5
Mortality caused by road traffic injury, per 100,000 people8.96.3
Intentional homicides, per 100,000 people3.60.8
International tourism, number of arrivals11.5MN/A

Government debt & reserves

StatBelarusTaiwan
Central government debt, % of GDP47.8%35%
External debt stocks, % of GNI67.7%N/A
External debt stocks$38.8BN/A
Short-term debt, % of total reserves134.2%N/A
Total debt service, % of exports and primary income13.5%N/A
Adjusted net savings including particulate emission damage, % of GNI21.2%N/A
Gross savings, % of GDP28.8%N/A
Gross capital formation, % of GDP27.5%N/A
Total reserves including gold$7.2BN/A
Foreign direct investment net inflows$1.4BN/A

Exports, imports and economic structure

StatBelarusTaiwan
Exports of goods and services, % of GDP70.2%N/A
Imports of goods and services, % of GDP69.1%N/A
Current account balance (balance of payments)-$34.4MN/A
Revenue excluding grants, % of GDP29.5%N/A
Grants excluding technical cooperation, BoP$56.2MN/A
Personal remittances received$1.4BN/A
Industry including construction value added, % of GDP31.5%N/A
Agriculture, forestry and fishing value added, % of GDP6.4%N/A
Charges for the use of intellectual property, payments BoP$178.6MN/A
Charges for the use of intellectual property, receipts BoP$66.1MN/A
Expense, % of GDP29.3%N/A
Government Expenditure, % of GDP39.1%17.8%

Compare with countries close by GDP per capita

Belarus vs

CountryGDP
per capita
Population
Cuba
$8.8k
11.5M
Lebanon
$8.3k
6.1M
Botswana
$8.3k
2.29M
Dominican Republic
$8.1k
10.4M
Gabon
$8k
2.03M
Dominica
$7.7k
73.9k
Saint Vincent
$7.4k
110k
Thailand
$7.3k
65.9M
Serbia
$7.2k
7.02M
Libya
$7.2k
6.68M
Turkmenistan
$7k
5.85M
Peru
$6.9k
29.4M
Colombia
$6.7k
49.1M
South Africa
$6.4k
57.7M
Ecuador
$6.3k
16.6M
Fiji
$6.3k
906k
Suriname
$6.2k
563k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M
Namibia
$5.9k
2.53M
Iraq
$5.8k
38.3M
Paraguay
$5.8k
6.81M
Iran
$5.6k
80M
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M
Guyana
$5k
778k
Belize
$4.9k
375k
Azerbaijan
$4.7k
10M
Georgia
$4.7k
3.72M
Guatemala
$4.5k
17.3M

Taiwan vs

CountryGDP
per capita
Population
United Kingdom
$43k
66M
Andorra
$42k
76.2k
New Zealand
$42k
4.94M
Israel
$42k
9.09M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k
Brunei
$32k
429k
South Korea
$31k
51.5M
Spain
$30k
46.7M
Malta
$30k
465k
Cyprus
$28k
1.14M
Slovenia
$26k
2.07M
Bahrain
$24k
1.49M
Portugal
$23k
10.6M
Saudi Arabia
$23k
33M
Estonia
$23k
1.32M
Czech Republic
$23k
10.7M
Vatican City
$21k
1k
Greece
$20k
10.8M
Curacao
$20k
160k
Slovakia
$19k
5.4M
Saint Kitts and Nevis
$19k
55.3k
Lithuania
$19k
2.79M
Barbados
$18k
286k
Latvia
$18k
1.91M
Uruguay
$17k
3.46M
Trinidad and Tobago
$17k
1.37M