Portugal vs Taiwan: Economic Indicators Comparison

Taiwan with a GDP of $585.8B ranked the 21st largest economy in the world, while Portugal ranked 48th with $240.7B. By GDP 5-years average growth and GDP per capita, Taiwan and Portugal ranked 115th vs 135th and 38th vs 40th, respectively.

Gross Domestic Product & Income

Stat	Portugal	Taiwan
GDP	$240.7B	$585.8B
GDP growth, 1 year	2.1%	2.6%
GDP growth, 5-years average	1.9%	2.4%
Population	10.6M	23.6M
GDP per capita	$23k	$25k
GDP per capita growth	2.63%	N/A
Purchasing Power Parity conversion factor	0.59	N/A
Price level ratio of PPP conversion factor GDP to market exchange rate	0.7	N/A
GDP per capita, PPP adjusted	$32k	$53k
GNI, Atlas method	$226.1B	N/A
GNI per capita	$22k	N/A
GNI, PPP adjusted	$336B	N/A
GNI per capita, PPP adjusted	$33k	N/A

Financial system and Human development

Stat	Portugal	Taiwan
Income Tax Rate	48%	45%
Corporate Tax Rate	23%	20%
Inflation, consumer prices	1.2%	1.5%
Inflation, GDP deflator	1.6%	N/A
Unemployment	6.9%	3.7%
Economic Freedom Index	67	77.1
Personal Freedom Index	8.99	8.09
Human Freedom Index	8.11	7.79
Property Rights Index	75.4	86.9
Judical Effectiveness Index	65.6	70.1
Business Freedom Index	76.5	93.9
Fiscal Health Index	74.4	91
Labor Freedom Index	44.1	60.3
Investment Freedom Index	70	60
Financial Freedom Index	60	60
Trade Freedom Index	86.4	86
Monetary Freedom Index	83	82.7
Government Spending Index	39.8	90.5
Tax Burden Index	59.6	75
Government Integrity Index	68.9	68.9
Corruption Perceptions Index	64	63
Life expectancy at birth, years	81.1	80.2
Suicide mortality rate, per 100,000 people	14	12.5
Mortality caused by road traffic injury, per 100,000 people	7.4	6.3
Intentional homicides, per 100,000 people	0.7	0.8
International tourism, number of arrivals	16.2M	N/A

Government debt & reserves

Stat	Portugal	Taiwan
Central government debt, % of GDP	121.4%	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	3.4%	N/A
Gross savings, % of GDP	18%	N/A
Gross capital formation, % of GDP	18.1%	N/A
Total reserves including gold	$24.9B	N/A
Foreign direct investment net inflows	$6.4B	N/A

Exports, imports and economic structure

Stat	Portugal	Taiwan
Exports of goods and services, % of GDP	43.5%	N/A
Imports of goods and services, % of GDP	43.4%	N/A
Current account balance (balance of payments)	$956.9M	N/A
Revenue excluding grants, % of GDP	37.5%	N/A
Grants excluding technical cooperation, BoP	N/A	N/A
Personal remittances received	$503.8M	N/A
Industry including construction value added, % of GDP	19.2%	N/A
Agriculture, forestry and fishing value added, % of GDP	2.1%	N/A
Charges for the use of intellectual property, payments BoP	$850.5M	N/A
Charges for the use of intellectual property, receipts BoP	$118.9M	N/A
Expense, % of GDP	41.4%	N/A
Government Expenditure, % of GDP	44.8%	17.8%