Switzerland vs Taiwan: Economic Indicators Comparison

Switzerland with a GDP of $705.1B ranked the 20th largest economy in the world, while Taiwan ranked 21st with $585.8B. By GDP 5-years average growth and GDP per capita, Switzerland and Taiwan ranked 134th vs 115th and 4th vs 38th, respectively.

Gross Domestic Product & Income

Stat	Switzerland	Taiwan
GDP	$705.1B	$585.8B
GDP growth, 1 year	2.5%	2.6%
GDP growth, 5-years average	1.9%	2.4%
Population	8.5M	23.6M
GDP per capita	$83k	$25k
GDP per capita growth	1.97%	N/A
Purchasing Power Parity conversion factor	1.19	N/A
Price level ratio of PPP conversion factor GDP to market exchange rate	1.22	N/A
GDP per capita, PPP adjusted	$65k	$53k
GNI, Atlas method	$718.9B	N/A
GNI per capita	$84k	N/A
GNI, PPP adjusted	$586.1B	N/A
GNI per capita, PPP adjusted	$69k	N/A

Financial system and Human development

Stat	Switzerland	Taiwan
Income Tax Rate	11.5%	45%
Corporate Tax Rate	8.5%	20%
Inflation, consumer prices	0.9%	1.5%
Inflation, GDP deflator	0.2%	N/A
Unemployment	4.9%	3.7%
Economic Freedom Index	82	77.1
Personal Freedom Index	9.31	8.09
Human Freedom Index	8.83	7.79
Property Rights Index	87.4	86.9
Judical Effectiveness Index	81.5	70.1
Business Freedom Index	74.2	93.9
Fiscal Health Index	96.7	91
Labor Freedom Index	72.4	60.3
Investment Freedom Index	85	60
Financial Freedom Index	90	60
Trade Freedom Index	86.6	86
Monetary Freedom Index	84.4	82.7
Government Spending Index	65.3	90.5
Tax Burden Index	70.1	75
Government Integrity Index	90.1	68.9
Corruption Perceptions Index	85	63
Life expectancy at birth, years	83.6	80.2
Suicide mortality rate, per 100,000 people	17.2	12.5
Mortality caused by road traffic injury, per 100,000 people	2.7	6.3
Intentional homicides, per 100,000 people	0.5	0.8
International tourism, number of arrivals	10.4M	N/A

Government debt & reserves

Stat	Switzerland	Taiwan
Central government debt, % of GDP	40.5%	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	16.4%	N/A
Gross savings, % of GDP	34.7%	N/A
Gross capital formation, % of GDP	22.7%	N/A
Total reserves including gold	$787B	N/A
Foreign direct investment net inflows	-$67.7B	N/A

Exports, imports and economic structure

Stat	Switzerland	Taiwan
Exports of goods and services, % of GDP	66.1%	N/A
Imports of goods and services, % of GDP	53.9%	N/A
Current account balance (balance of payments)	$74.1B	N/A
Revenue excluding grants, % of GDP	18%	N/A
Grants excluding technical cooperation, BoP	N/A	N/A
Personal remittances received	$2.6B	N/A
Industry including construction value added, % of GDP	25%	N/A
Agriculture, forestry and fishing value added, % of GDP	0.7%	N/A
Charges for the use of intellectual property, payments BoP	$13.6B	N/A
Charges for the use of intellectual property, receipts BoP	$25.8B	N/A
Expense, % of GDP	17%	N/A
Government Expenditure, % of GDP	34%	17.8%