Russia vs Taiwan: Economic Indicators Comparison

Russia with a GDP of $1.7T ranked the 11th largest economy in the world, while Taiwan ranked 21st with $585.8B. By GDP 5-years average growth and GDP per capita, Russia and Taiwan ranked 162nd vs 115th and 68th vs 38th, respectively.

Gross Domestic Product & Income

Stat	Russia	Taiwan
GDP	$1.7T	$585.8B
GDP growth, 1 year	2.3%	2.6%
GDP growth, 5-years average	0.5%	2.4%
Population	146.8M	23.6M
GDP per capita	$11k	$25k
GDP per capita growth	2.26%	N/A
Purchasing Power Parity conversion factor	25.64	N/A
Price level ratio of PPP conversion factor GDP to market exchange rate	0.41	N/A
GDP per capita, PPP adjusted	$29k	$53k
GNI, Atlas method	$1.5T	N/A
GNI per capita	$10k	N/A
GNI, PPP adjusted	$3.9T	N/A
GNI per capita, PPP adjusted	$26k	N/A

Financial system and Human development

Stat	Russia	Taiwan
Income Tax Rate	13%	45%
Corporate Tax Rate	20%	20%
Inflation, consumer prices	2.9%	1.5%
Inflation, GDP deflator	10.3%	N/A
Unemployment	4.7%	3.7%
Economic Freedom Index	61	77.1
Personal Freedom Index	6.56	8.09
Human Freedom Index	6.49	7.79
Property Rights Index	56.8	86.9
Judical Effectiveness Index	44.4	70.1
Business Freedom Index	80.2	93.9
Fiscal Health Index	98.7	91
Labor Freedom Index	52.1	60.3
Investment Freedom Index	30	60
Financial Freedom Index	30	60
Trade Freedom Index	77.8	86
Monetary Freedom Index	68.2	82.7
Government Spending Index	63.8	90.5
Tax Burden Index	88.5	75
Government Integrity Index	41.3	68.9
Corruption Perceptions Index	28	63
Life expectancy at birth, years	72.1	80.2
Suicide mortality rate, per 100,000 people	31	12.5
Mortality caused by road traffic injury, per 100,000 people	18	6.3
Intentional homicides, per 100,000 people	9.2	0.8
International tourism, number of arrivals	24.6M	N/A

Government debt & reserves

Stat	Russia	Taiwan
Central government debt, % of GDP	14%	35%
External debt stocks, % of GNI	28.1%	N/A
External debt stocks	$453.9B	N/A
Short-term debt, % of total reserves	10.3%	N/A
Total debt service, % of exports and primary income	19.6%	N/A
Adjusted net savings including particulate emission damage, % of GNI	8%	N/A
Gross savings, % of GDP	30.2%	N/A
Gross capital formation, % of GDP	22.7%	N/A
Total reserves including gold	$468.6B	N/A
Foreign direct investment net inflows	$8.8B	N/A

Exports, imports and economic structure

Stat	Russia	Taiwan
Exports of goods and services, % of GDP	30.7%	N/A
Imports of goods and services, % of GDP	20.8%	N/A
Current account balance (balance of payments)	$113.5B	N/A
Revenue excluding grants, % of GDP	27.5%	N/A
Grants excluding technical cooperation, BoP	$658.1M	N/A
Personal remittances received	$8.6B	N/A
Industry including construction value added, % of GDP	32.1%	N/A
Agriculture, forestry and fishing value added, % of GDP	3.1%	N/A
Charges for the use of intellectual property, payments BoP	$6.3B	N/A
Charges for the use of intellectual property, receipts BoP	$876.1M	N/A
Expense, % of GDP	28.9%	N/A
Government Expenditure, % of GDP	34.7%	17.8%