Taiwan vs Tanzania: Economic Indicators Comparison

Taiwan with a GDP of $585.8B ranked the 21st largest economy in the world, while Tanzania ranked 80th with $58B. By GDP 5-years average growth and GDP per capita, Taiwan and Tanzania ranked 115th vs 18th and 38th vs 169th, respectively.

Gross Domestic Product & Income

StatTaiwanTanzania
GDP$585.8B$58B
GDP growth, 1 year2.6%6.6%
GDP growth, 5-years average2.4%6.6%
Population23.6M57.3M
GDP per capita$25k$1.1k
GDP per capita growthN/A2.12%
Purchasing Power Parity conversion factorN/A741.25
Price level ratio of PPP conversion factor GDP to market exchange rateN/A0.33
GDP per capita, PPP adjusted$53k$3.4k
GNI, Atlas methodN/A$55.7B
GNI per capitaN/A$1k
GNI, PPP adjustedN/A$171.7B
GNI per capita, PPP adjustedN/A$3.2k

Financial system and Human development

StatTaiwanTanzania
Income Tax Rate45%30%
Corporate Tax Rate20%30%
Inflation, consumer prices1.5%3.5%
Inflation, GDP deflatorN/A4.8%
Unemployment3.7%1.9%
Economic Freedom Index77.161.7
Personal Freedom Index8.096.51
Human Freedom Index7.796.37
Property Rights Index86.941.9
Judical Effectiveness Index70.143.4
Business Freedom Index93.945.9
Fiscal Health Index9192.9
Labor Freedom Index60.366.4
Investment Freedom Index6055
Financial Freedom Index6050
Trade Freedom Index8667.8
Monetary Freedom Index82.772.2
Government Spending Index90.591.6
Tax Burden Index7580.6
Government Integrity Index68.932.5
Corruption Perceptions Index6336
Life expectancy at birth, years80.264.5
Suicide mortality rate, per 100,000 people12.55.4
Mortality caused by road traffic injury, per 100,000 people6.329.2
Intentional homicides, per 100,000 people0.87
International tourism, number of arrivalsN/A1.4M

Government debt & reserves

StatTaiwanTanzania
Central government debt, % of GDP35%36%
External debt stocks, % of GNIN/A33.1%
External debt stocksN/A$18.6B
Short-term debt, % of total reservesN/A35.9%
Total debt service, % of exports and primary incomeN/A8.4%
Adjusted net savings including particulate emission damage, % of GNIN/A23.1%
Gross savings, % of GDPN/A30.5%
Gross capital formation, % of GDPN/A34%
Total reserves including goldN/A$5B
Foreign direct investment net inflowsN/A$1.1B

Exports, imports and economic structure

StatTaiwanTanzania
Exports of goods and services, % of GDPN/A15.1%
Imports of goods and services, % of GDPN/A17.1%
Current account balance (balance of payments)N/A-$1.9B
Revenue excluding grants, % of GDPN/A13.7%
Grants excluding technical cooperation, BoPN/A$1.6B
Personal remittances receivedN/A$412.9M
Industry including construction value added, % of GDPN/A25.1%
Agriculture, forestry and fishing value added, % of GDPN/A28.7%
Charges for the use of intellectual property, payments BoPN/A$6.1M
Charges for the use of intellectual property, receipts BoPN/A$83k
Expense, % of GDPN/A14.3%
Government Expenditure, % of GDP17.8%16.8%

Compare with countries close by GDP per capita

Taiwan vs

CountryGDP
per capita
Population
United Kingdom
$43k
66M
Andorra
$42k
76.2k
New Zealand
$42k
4.94M
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

Tanzania vs

CountryGDP
per capita
Population
North Korea
$1.7k
25.5M
Bangladesh
$1.7k
165M
Kiribati
$1.6k
116k
Zambia
$1.5k
17.1M
Cameroon
$1.5k
24.1M
Uzbekistan
$1.5k
32.4M
Senegal
$1.5k
15.9M
Cambodia
$1.5k
16M
Pakistan
$1.5k
197M
Comoros
$1.4k
824k
Myanmar
$1.3k
53.4M
Lesotho
$1.3k
2.23M
Kyrgyzstan
$1.3k
6.2M
Mauritania
$1.2k
4.42M
South Sudan
$1.1k
12.6M
Nepal
$1k
29.4M
Sudan
$977
40.5M
Yemen
$944
28.3M
Benin
$902
11.2M
Mali
$900
18.5M
Guinea
$879
12.7M
Haiti
$868
11M
Tajikistan
$827
8.92M
Eritrea
$811
3.5M
Guinea-Bissau
$778
1.86M
Rwanda
$773
12.2M
Ethiopia
$772
105M
Chad
$728
15.5M
Gambia
$716
2.1M
Burkina Faso
$715
19.2M