New Zealand vs Taiwan: Economic Indicators Comparison

Taiwan with a GDP of $585.8B ranked the 21st largest economy in the world, while New Zealand ranked 53rd with $204.9B. By GDP 5-years average growth and GDP per capita, Taiwan and New Zealand ranked 115th vs 72nd and 38th vs 25th, respectively.

Gross Domestic Product & Income

Stat	New Zealand	Taiwan
GDP	$204.9B	$585.8B
GDP growth, 1 year	3%	2.6%
GDP growth, 5-years average	3.4%	2.4%
Population	4.9M	23.6M
GDP per capita	$42k	$25k
GDP per capita growth	0.85%	N/A
Purchasing Power Parity conversion factor	1.48	N/A
Price level ratio of PPP conversion factor GDP to market exchange rate	1.02	N/A
GDP per capita, PPP adjusted	$40k	$53k
GNI, Atlas method	$198.6B	N/A
GNI per capita	$41k	N/A
GNI, PPP adjusted	$192.5B	N/A
GNI per capita, PPP adjusted	$39k	N/A

Financial system and Human development

Stat	New Zealand	Taiwan
Income Tax Rate	33%	45%
Corporate Tax Rate	28%	20%
Inflation, consumer prices	1.6%	1.5%
Inflation, GDP deflator	1.1%	N/A
Unemployment	4.5%	3.7%
Economic Freedom Index	84.1	77.1
Personal Freedom Index	9.42	8.09
Human Freedom Index	8.94	7.79
Property Rights Index	93.3	86.9
Judical Effectiveness Index	79.1	70.1
Business Freedom Index	90.4	93.9
Fiscal Health Index	98.3	91
Labor Freedom Index	86.7	60.3
Investment Freedom Index	80	60
Financial Freedom Index	80	60
Trade Freedom Index	92.2	86
Monetary Freedom Index	87	82.7
Government Spending Index	57.8	90.5
Tax Burden Index	71	75
Government Integrity Index	93.9	68.9
Corruption Perceptions Index	87	63
Life expectancy at birth, years	81.7	80.2
Suicide mortality rate, per 100,000 people	12.1	12.5
Mortality caused by road traffic injury, per 100,000 people	7.8	6.3
Intentional homicides, per 100,000 people	0.7	0.8
International tourism, number of arrivals	3.7M	N/A

Government debt & reserves

Stat	New Zealand	Taiwan
Central government debt, % of GDP	29.4%	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	13.9%	N/A
Gross savings, % of GDP	19.6%	N/A
Gross capital formation, % of GDP	23.9%	N/A
Total reserves including gold	$17.7B	N/A
Foreign direct investment net inflows	$2.1B	N/A

Exports, imports and economic structure

Stat	New Zealand	Taiwan
Exports of goods and services, % of GDP	28.1%	N/A
Imports of goods and services, % of GDP	28.3%	N/A
Current account balance (balance of payments)	-$7.7B	N/A
Revenue excluding grants, % of GDP	33%	N/A
Grants excluding technical cooperation, BoP	N/A	N/A
Personal remittances received	$452.5M	N/A
Industry including construction value added, % of GDP	19.2%	N/A
Agriculture, forestry and fishing value added, % of GDP	6.6%	N/A
Charges for the use of intellectual property, payments BoP	$912.8M	N/A
Charges for the use of intellectual property, receipts BoP	$540.5M	N/A
Expense, % of GDP	30.7%	N/A
Government Expenditure, % of GDP	37.5%	17.8%