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

StatNew ZealandTaiwan
GDP$204.9B$585.8B
GDP growth, 1 year3%2.6%
GDP growth, 5-years average3.4%2.4%
Population4.9M23.6M
GDP per capita$42k$25k
GDP per capita growth0.85%N/A
Purchasing Power Parity conversion factor1.48N/A
Price level ratio of PPP conversion factor GDP to market exchange rate1.02N/A
GDP per capita, PPP adjusted$40k$53k
GNI, Atlas method$198.6BN/A
GNI per capita$41kN/A
GNI, PPP adjusted$192.5BN/A
GNI per capita, PPP adjusted$39kN/A

Financial system and Human development

StatNew ZealandTaiwan
Income Tax Rate33%45%
Corporate Tax Rate28%20%
Inflation, consumer prices1.6%1.5%
Inflation, GDP deflator1.1%N/A
Unemployment4.5%3.7%
Economic Freedom Index84.177.1
Personal Freedom Index9.428.09
Human Freedom Index8.947.79
Property Rights Index93.386.9
Judical Effectiveness Index79.170.1
Business Freedom Index90.493.9
Fiscal Health Index98.391
Labor Freedom Index86.760.3
Investment Freedom Index8060
Financial Freedom Index8060
Trade Freedom Index92.286
Monetary Freedom Index8782.7
Government Spending Index57.890.5
Tax Burden Index7175
Government Integrity Index93.968.9
Corruption Perceptions Index8763
Life expectancy at birth, years81.780.2
Suicide mortality rate, per 100,000 people12.112.5
Mortality caused by road traffic injury, per 100,000 people7.86.3
Intentional homicides, per 100,000 people0.70.8
International tourism, number of arrivals3.7MN/A

Government debt & reserves

StatNew ZealandTaiwan
Central government debt, % of GDP29.4%35%
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 GNI13.9%N/A
Gross savings, % of GDP19.6%N/A
Gross capital formation, % of GDP23.9%N/A
Total reserves including gold$17.7BN/A
Foreign direct investment net inflows$2.1BN/A

Exports, imports and economic structure

StatNew ZealandTaiwan
Exports of goods and services, % of GDP28.1%N/A
Imports of goods and services, % of GDP28.3%N/A
Current account balance (balance of payments)-$7.7BN/A
Revenue excluding grants, % of GDP33%N/A
Grants excluding technical cooperation, BoPN/AN/A
Personal remittances received$452.5MN/A
Industry including construction value added, % of GDP19.2%N/A
Agriculture, forestry and fishing value added, % of GDP6.6%N/A
Charges for the use of intellectual property, payments BoP$912.8MN/A
Charges for the use of intellectual property, receipts BoP$540.5MN/A
Expense, % of GDP30.7%N/A
Government Expenditure, % of GDP37.5%17.8%

Compare with countries close by GDP per capita

New Zealand vs

CountryGDP
per capita
Population
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
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

Taiwan vs

CountryGDP
per capita
Population
United Kingdom
$43k
66M
Andorra
$42k
76.2k
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
Antigua and Barbuda
$17k
102k