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

Stat	Monaco	Taiwan
GDP	$7.2B	$585.8B
GDP growth, 1 year	6.1%	2.6%
GDP growth, 5-years average	N/A	2.4%
Population	39k	23.6M
GDP per capita	$186k	$25k
GDP per capita growth	5.3%	N/A
Purchasing Power Parity conversion factor	N/A	N/A
Price level ratio of PPP conversion factor GDP to market exchange rate	N/A	N/A
GDP per capita, PPP adjusted	$98k	$53k
GNI, Atlas method	N/A	N/A
GNI per capita	N/A	N/A
GNI, PPP adjusted	N/A	N/A
GNI per capita, PPP adjusted	N/A	N/A

Financial system and Human development

Stat	Monaco	Taiwan
Income Tax Rate	N/A	45%
Corporate Tax Rate	N/A	20%
Inflation, consumer prices	N/A	1.5%
Inflation, GDP deflator	0.8%	N/A
Unemployment	6.3%	3.7%
Economic Freedom Index	83	77.1
Personal Freedom Index	8.7	8.09
Human Freedom Index	8.7	7.79
Property Rights Index	N/A	86.9
Judical Effectiveness Index	N/A	70.1
Business Freedom Index	N/A	93.9
Fiscal Health Index	N/A	91
Labor Freedom Index	N/A	60.3
Investment Freedom Index	N/A	60
Financial Freedom Index	N/A	60
Trade Freedom Index	N/A	86
Monetary Freedom Index	N/A	82.7
Government Spending Index	N/A	90.5
Tax Burden Index	N/A	75
Government Integrity Index	N/A	68.9
Corruption Perceptions Index	82	63
Life expectancy at birth, years	89.7	80.2
Suicide mortality rate, per 100,000 people	0.2	12.5
Mortality caused by road traffic injury, per 100,000 people	0	6.3
Intentional homicides, per 100,000 people	0	0.8
International tourism, number of arrivals	347k	N/A

Government debt & reserves

Stat	Monaco	Taiwan
Central government debt, % of GDP	N/A	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	N/A	N/A
Gross savings, % of GDP	N/A	N/A
Gross capital formation, % of GDP	N/A	N/A
Total reserves including gold	N/A	N/A
Foreign direct investment net inflows	N/A	N/A

Exports, imports and economic structure

Stat	Monaco	Taiwan
Exports of goods and services, % of GDP	N/A	N/A
Imports of goods and services, % of GDP	N/A	N/A
Current account balance (balance of payments)	N/A	N/A
Revenue excluding grants, % of GDP	N/A	N/A
Grants excluding technical cooperation, BoP	N/A	N/A
Personal remittances received	N/A	N/A
Industry including construction value added, % of GDP	13.1%	N/A
Agriculture, forestry and fishing value added, % of GDP	N/A	N/A
Charges for the use of intellectual property, payments BoP	N/A	N/A
Charges for the use of intellectual property, receipts BoP	N/A	N/A
Expense, % of GDP	N/A	N/A
Government Expenditure, % of GDP	N/A	17.8%