Malaysia vs Taiwan: Economic Indicators Comparison

Taiwan with a GDP of $585.8B ranked the 21st largest economy in the world, while Malaysia ranked 37th with $358.6B. By GDP 5-years average growth and GDP per capita, Taiwan and Malaysia ranked 115th vs 29th and 38th vs 67th, respectively.

Gross Domestic Product & Income

Stat	Malaysia	Taiwan
GDP	$358.6B	$585.8B
GDP growth, 1 year	4.7%	2.6%
GDP growth, 5-years average	5.2%	2.4%
Population	31.6M	23.6M
GDP per capita	$11k	$25k
GDP per capita growth	3.33%	N/A
Purchasing Power Parity conversion factor	1.44	N/A
Price level ratio of PPP conversion factor GDP to market exchange rate	0.36	N/A
GDP per capita, PPP adjusted	$31k	$53k
GNI, Atlas method	$333.8B	N/A
GNI per capita	$11k	N/A
GNI, PPP adjusted	$966.3B	N/A
GNI per capita, PPP adjusted	$31k	N/A

Financial system and Human development

Stat	Malaysia	Taiwan
Income Tax Rate	25%	45%
Corporate Tax Rate	25%	20%
Inflation, consumer prices	1%	1.5%
Inflation, GDP deflator	0.7%	N/A
Unemployment	3.4%	3.7%
Economic Freedom Index	74.7	77.1
Personal Freedom Index	6.23	8.09
Human Freedom Index	6.38	7.79
Property Rights Index	86.5	86.9
Judical Effectiveness Index	74.6	70.1
Business Freedom Index	87.8	93.9
Fiscal Health Index	80.2	91
Labor Freedom Index	74.5	60.3
Investment Freedom Index	60	60
Financial Freedom Index	50	60
Trade Freedom Index	82	86
Monetary Freedom Index	81.6	82.7
Government Spending Index	84.6	90.5
Tax Burden Index	85.7	75
Government Integrity Index	49.4	68.9
Corruption Perceptions Index	47	63
Life expectancy at birth, years	75.8	80.2
Suicide mortality rate, per 100,000 people	5.5	12.5
Mortality caused by road traffic injury, per 100,000 people	23.6	6.3
Intentional homicides, per 100,000 people	2.1	0.8
International tourism, number of arrivals	25.8M	N/A

Government debt & reserves

Stat	Malaysia	Taiwan
Central government debt, % of GDP	56.2%	35%
External debt stocks, % of GNI	N/A	N/A
External debt stocks	N/A	N/A
Short-term debt, % of total reserves	N/A	N/A
Total debt service, % of exports and primary income	N/A	N/A
Adjusted net savings including particulate emission damage, % of GNI	10%	N/A
Gross savings, % of GDP	25.7%	N/A
Gross capital formation, % of GDP	23.6%	N/A
Total reserves including gold	$101.5B	N/A
Foreign direct investment net inflows	$8.6B	N/A

Exports, imports and economic structure

Stat	Malaysia	Taiwan
Exports of goods and services, % of GDP	68.8%	N/A
Imports of goods and services, % of GDP	61.7%	N/A
Current account balance (balance of payments)	$7.6B	N/A
Revenue excluding grants, % of GDP	16.1%	N/A
Grants excluding technical cooperation, BoP	$26.2M	N/A
Personal remittances received	$1.7B	N/A
Industry including construction value added, % of GDP	38.3%	N/A
Agriculture, forestry and fishing value added, % of GDP	7.5%	N/A
Charges for the use of intellectual property, payments BoP	$2B	N/A
Charges for the use of intellectual property, receipts BoP	$267.4M	N/A
Expense, % of GDP	15.9%	N/A
Government Expenditure, % of GDP	22.6%	17.8%