Monaco vs Taiwan: Economic Indicators Comparison

Taiwan with a GDP of $585.8B ranked the 21st largest economy in the world, while Monaco ranked 149th with $7.2B. By GDP per capita, Taiwan and Monaco ranked 38th vs 1st, respectively.

Gross Domestic Product & Income

StatMonacoTaiwan
GDP$7.2B$585.8B
GDP growth, 1 year6.1%2.6%
GDP growth, 5-years averageN/A2.4%
Population39k23.6M
GDP per capita$186k$25k
GDP per capita growth5.3%N/A
Purchasing Power Parity conversion factorN/AN/A
Price level ratio of PPP conversion factor GDP to market exchange rateN/AN/A
GDP per capita, PPP adjusted$98k$53k
GNI, Atlas methodN/AN/A
GNI per capitaN/AN/A
GNI, PPP adjustedN/AN/A
GNI per capita, PPP adjustedN/AN/A

Financial system and Human development

StatMonacoTaiwan
Income Tax RateN/A45%
Corporate Tax RateN/A20%
Inflation, consumer pricesN/A1.5%
Inflation, GDP deflator0.8%N/A
Unemployment6.3%3.7%
Economic Freedom Index8377.1
Personal Freedom Index8.78.09
Human Freedom Index8.77.79
Property Rights IndexN/A86.9
Judical Effectiveness IndexN/A70.1
Business Freedom IndexN/A93.9
Fiscal Health IndexN/A91
Labor Freedom IndexN/A60.3
Investment Freedom IndexN/A60
Financial Freedom IndexN/A60
Trade Freedom IndexN/A86
Monetary Freedom IndexN/A82.7
Government Spending IndexN/A90.5
Tax Burden IndexN/A75
Government Integrity IndexN/A68.9
Corruption Perceptions Index8263
Life expectancy at birth, years89.780.2
Suicide mortality rate, per 100,000 people0.212.5
Mortality caused by road traffic injury, per 100,000 people06.3
Intentional homicides, per 100,000 people00.8
International tourism, number of arrivals347kN/A

Government debt & reserves

StatMonacoTaiwan
Central government debt, % of GDPN/A35%
External debt stocks, % of GNIN/AN/A
External debt stocksN/AN/A
Short-term debt, % of total reservesN/AN/A
Total debt service, % of exports and primary incomeN/AN/A
Adjusted net savings including particulate emission damage, % of GNIN/AN/A
Gross savings, % of GDPN/AN/A
Gross capital formation, % of GDPN/AN/A
Total reserves including goldN/AN/A
Foreign direct investment net inflowsN/AN/A

Exports, imports and economic structure

StatMonacoTaiwan
Exports of goods and services, % of GDPN/AN/A
Imports of goods and services, % of GDPN/AN/A
Current account balance (balance of payments)N/AN/A
Revenue excluding grants, % of GDPN/AN/A
Grants excluding technical cooperation, BoPN/AN/A
Personal remittances receivedN/AN/A
Industry including construction value added, % of GDP13.1%N/A
Agriculture, forestry and fishing value added, % of GDPN/AN/A
Charges for the use of intellectual property, payments BoPN/AN/A
Charges for the use of intellectual property, receipts BoPN/AN/A
Expense, % of GDPN/AN/A
Government Expenditure, % of GDPN/A17.8%

Compare with countries close by GDP per capita

Monaco vs

CountryGDP
per capita
Population
Liechtenstein
$165k
37.9k
Luxembourg
$117k
626k
Switzerland
$83k
8.47M
Norway
$82k
5.37M
Cayman Islands
$81k
58.4k
Ireland
$79k
4.76M
Iceland
$73k
357k
Qatar
$69k
2.64M
Singapore
$65k
5.89M
United States
$63k
325M
Denmark
$61k
5.83M
Australia
$57k
24.5M
Sweden
$55k
10.3M
Netherlands
$53k
17.3M
Austria
$51k
8.81M
Finland
$50k
5.5M
San Marino
$48k
33.4k
Germany
$48k
83.1M
Belgium
$48k
11.4M
Canada
$46k
37.9M
United Arab Emirates
$43k
9.4M
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

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