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Economy of Taiwan vs Uzbekistan compared: GDP & Debt

Updated on by Georank

Taiwan has a GDP of $802B compared to $147B for Uzbekistan, ranking 22/197 and 61/197 by economy size, respectively.

Taiwan has $215B in government debt (22.4% of GDP), compared to $42B (28.6% of GDP) in Uzbekistan.

Taiwan vs Uzbekistan GDP by year

Taiwan
Uzbekistan
1x
Year GDP, current $
Taiwan Uzbekistan
2025 - $147,038,081,129
2024 $801,529,000,000 $121,356,065,241
2023 $757,328,000,000 $107,526,539,716
2022 $765,529,000,000 $94,286,355,836
2021 $777,062,000,000 $81,170,051,811
2020 $676,935,000,000 $70,127,127,133
2019 $613,453,000,000 $70,170,662,563
2018 $610,744,000,000 $61,318,332,403
2017 $591,734,000,000 $72,276,404,058
2016 $543,002,000,000 $97,871,364,319
2015 $534,474,000,000 $97,564,568,987
2014 $535,332,000,000 $91,303,765,114
2013 $512,957,000,000 $82,674,178,352
2012 $495,536,000,000 $75,318,846,931
2011 $483,957,000,000 $67,404,618,405
2010 $444,245,000,000 $55,544,226,553
2009 $390,788,000,000 $33,689,223,673
2008 $415,824,000,000 $29,549,438,884
2007 $406,940,000,000 $22,311,393,928
2006 $386,492,000,000 $17,330,833,853
2005 $374,042,000,000 $14,307,509,839
2004 $346,881,000,000 $12,030,023,548
2003 $317,374,000,000 $10,134,453,435
2002 $307,429,000,000 $9,687,788,513
2001 $299,303,000,000 $11,401,421,329
2000 $330,725,000,000 $13,760,513,969
1999 $303,827,000,000 $17,078,465,982
1998 $279,926,000,000 $14,988,971,211
1997 $303,315,000,000 $14,744,603,774
1996 $292,473,000,000 $13,948,892,216
1995 $279,013,000,000 $13,350,461,265
1994 $256,213,000,000 $12,899,074,922
1993 $234,943,000,000 $13,099,920,056
1992 $222,947,000,000 $12,953,801,760
1991 $187,100,000,000 $13,800,167,712
1990 $166,392,000,000 $13,362,340,338
1989 $152,687,000,000 $11,948,815,258
1988 $126,378,000,000 $10,722,799,639
1987 $104,956,000,000 $8,523,160,593
1986 $78,347,000,000 -
1985 $63,599,000,000 -
1984 $61,036,000,000 -
1983 $54,155,000,000 -
1982 $49,540,000,000 -
1981 $49,047,000,000 -
1980 $42,292,000,000 -
1979 $33,875,000,000 -
1978 $27,373,000,000 -
1977 $22,252,000,000 -
1976 $18,988,000,000 -
1975 $15,836,000,000 -
1974 $14,739,000,000 -
1973 $10,940,000,000 -
1972 $8,063,000,000 -
1971 $6,727,000,000 -
1970 $5,785,000,000 -
1969 $5,017,000,000 -
1968 $4,325,000,000 -
1967 $3,709,000,000 -
1966 $3,207,000,000 -
1965 $2,869,000,000 -
1964 $2,592,000,000 -
1963 $2,218,000,000 -
1962 $1,960,000,000 -
1961 $1,778,000,000 -
1960 $1,743,000,000 -
1959 $1,444,000,000 -
1958 $1,836,000,000 -
1957 $1,636,000,000 -
1956 $1,399,000,000 -
1955 $1,940,000,000 -
1954 $1,628,000,000 -
1953 $1,481,000,000 -
1952 $1,677,000,000 -
1951 $1,197,000,000 -

Data sources: National Statistics, Taiwan (1951–2024, retrieved 2026-07-08); World Bank | Economy & Growth (1987–2025, retrieved 2026-07-08).

GeoRank.org/economy/taiwan/uzbekistan | CC BY

GDP per capita in Taiwan vs Uzbekistan by year

Taiwan
GDP per capita

GDP per capita, PPP
Uzbekistan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Taiwan Uzbekistan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 - - $3,968 -
2024 $34,238 - $3,337 $11,879
2023 $32,444 - $3,016 $11,107
2022 $32,827 - $2,699 $10,293
2021 $33,111 - $2,370 $9,248
2020 $28,705 - $2,088 $8,452
2019 $25,998 - $2,129 $8,544
2018 $25,901 - $1,894 $8,129
2017 $25,121 $50,500 $2,271 $7,818
2016 $23,091 - $3,128 $6,919
2015 $22,780 $46,800 $3,173 $6,800
2014 $22,874 - $3,021 $6,610
2013 $21,973 $39,600 $2,781 $6,413
2012 $21,295 $39,400 $2,574 $6,168
2011 $20,866 $38,200 $2,339 $5,949
2010 $19,197 $35,700 $1,957 $5,505
2009 $16,933 $32,000 $1,206 $5,135
2008 $18,081 $31,100 $1,075 $4,800
2007 $17,757 $30,100 $824 $4,386
2006 $16,934 $29,500 $649 $3,956
2005 $16,456 $27,500 $543 $3,618
2004 $15,317 $25,300 $462 $3,321
2003 $14,066 $23,400 $394 $3,047
2002 $13,686 $18,000 $381 $2,902
2001 $13,397 $17,200 $454 $2,782
2000 $14,908 $17,400 $555 $2,644
1999 $13,804 $16,100 $698 $2,522
1998 $12,820 - $621 $2,418
1997 $14,020 - $621 $2,329
1996 $13,641 - $597 $2,214
1995 $13,119 - $583 $2,178
1994 $12,150 - $574 $2,197
1993 $11,242 - $596 $2,318
1992 $10,768 - $603 $2,371
1991 $9,125 - $658 $2,676
1990 $8,205 - $653 $2,665
1989 $7,613 - $598 -
1988 $6,370 - $551 -
1987 $5,350 - $450 -
1986 $4,036 - - -
1985 $3,314 - - -
1984 $3,224 - - -
1983 $2,903 - - -
1982 $2,699 - - -
1981 $2,720 - - -
1980 $2,389 - - -
1979 $1,950 - - -
1978 $1,606 - - -
1977 $1,330 - - -
1976 $1,158 - - -
1975 $985 - - -
1974 $934 - - -
1973 $706 - - -
1972 $530 - - -
1971 $451 - - -
1970 $397 - - -
1969 $357 - - -
1968 $319 - - -
1967 $280.8 - - -
1966 $249.1 - - -
1965 $229.3 - - -
1964 $213.6 - - -
1963 $188.6 - - -
1962 $172 - - -
1961 $161.2 - - -
1960 $163.4 - - -
1959 $140.4 - - -
1958 $185.1 - - -
1957 $170.5 - - -
1956 $150.6 - - -
1955 $216.3 - - -
1954 $188.3 - - -
1953 $177.7 - - -
1952 $208.4 - - -
1951 $154.3 - - -

Data sources: National Statistics, Taiwan (1951–2024, retrieved 2026-07-08); World Bank | Economy & Growth (1987–2025, retrieved 2026-07-08); Central Intelligence Agency (CIA) (1999–2017, retrieved 2026-07-08).

GeoRank.org/economy/taiwan/uzbekistan | CC BY

Taiwan's GDP per capita is $34,238, ranking 38/197, compared to $3,968 in Uzbekistan, ranking 134/197. Adjusted for purchasing power (GDP per capita PPP), Taiwan ranks 44th at $50,500, while Uzbekistan ranks 125th at $11,879.

Economic indicators

Taiwan Uzbekistan
Gross domestic product
$802B
2024
$147B
2025
GDP rank
22/197
2024
61/197
2025
GDP growth
2.16%
2023-2024
7.7%
2024-2025
GDP per capita
$34,238
2024
$3,968
2025
GDP per capita rank
38/197
2024
134/197
2025
GDP per capita, PPP
$50,500
2017
$11,879
2024
GDP per capita PPP rank
44/197
2017
125/197
2024
Government debt
$215B
2024
$42B
2025
Debt-to-GDP ratio
22.4%
2025
28.6%
2025
Government debt per person
$9,170
2024
$1,134
2025
Government debt per person rank
64/185
2024
139/185
2025
Average annual personal income after taxes
$18,863
2026
$3,560
2026
Market capitalization of domestic companies n/a
$23.7B
2025
Number of millionaires
772,000
2026
n/a
Number of billionaires
66
2026
n/a
Income share by richest 10% n/a
24.2%
2025
Income share by poorest 10% n/a
2.4%
2025
Government expenditure, % of GDP
15.8%
2024
27.4%
2025
Consumer prices inflation
1.7%
2024-2025
8.8%
2024-2025
Central bank interest rate
2%
2024
14%
2025
Unemployment rate
3.35%
2025
5.29%
2020
Population
23229461
38082870

Spending and national debt comparison by year

Taiwan
Spending

Debt
Uzbekistan
Spending

Debt
1x
Year % of GDP
Taiwan Uzbekistan
Government spending Government debt Government spending Government debt
2025 - 22.4% 27.4% 28.6%
2024 15.8% 26.8% 26.1% 30.9%
2023 17.1% 29% 28.6% 30.7%
2022 16% 29.5% 30% 29.2%
2021 15.4% 30.1% 26.1% 30.2%
2020 16.2% 32% 24.7% 31.9%
2019 15.3% 32.6% 23.4% 24.3%
2018 15.4% 33.8% 21.2% 16.7%
2017 15.4% 34.5% 19.9% 17.3%
2016 15.6% 35.4% 20.5% 7.21%
2015 15.5% 35.9% 21.7% 5.94%
2014 - 37.5% 22% 5.39%
2013 - 38.9% 22.3% 5.51%
2012 - 39.2% 21.5% 6.06%
2011 18.3% 38.3% 21.1% 5.65%
2010 - 36.9% 23.7% 5.92%
2009 - 36.7% 24.7% 6.57%
2008 - 33.4% 23.8% 7.5%
2007 - 32.2% 22.4% 8.6%
2006 - 33.3% 22.3% 12.2%
2005 - 34.1% 25.3% 18.9%
2004 - 33.4% 26.5% 24.2%
2003 - 32.1% 28.4% 28.3%
2002 - 29.8% 31.2% 37.5%
2001 22.4% 30.1% 27.6% 40.4%
2000 - 26.2% 29.6% 26.5%
1999 - 23.7% 30.3% 16.6%
1998 - 23.7% 31.6% 16.2%
1997 - 25% 28.7% 13.8%
1996 - - 31.6% -
1995 - - 26.5% -
1994 - - 24.4% -
1993 - - 35.6% -
1992 - - 16.2% -
1991 25.4% - - -
1990 - - - -
1989 - - - -
1988 - - - -
1987 - - - -
1986 - - - -
1985 - - - -
1984 - - - -
1983 - - - -
1982 - - - -
1981 23.6% - - -
1980 - - - -
1979 - - - -
1978 - - - -
1977 - - - -
1976 20.3% - - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1992–2025, retrieved 2026-07-08); National Statistics, Taiwan (1976–2024, retrieved 2026-07-08).

GeoRank.org/economy/taiwan/uzbekistan | CC BY

In 2025, Taiwan's government spending was $127B, accounting for 15.8% of its GDP, while Uzbekistan spent $40.2B, or 27.4% of GDP.

Debt-to-GDP ratio is 22.4% in Taiwan and 28.6% in Uzbekistan, ranking 170/185 and 159/185, respectively.

Government deficit by year

Deficit/surplus
Taiwan

Uzbekistan
1x
Year Deficit/surplus, % of GDP
Taiwan Uzbekistan
2025 - -1.66%
2024 0.43% -2.25%
2023 -0.61% -3.85%
2022 0.17% -3.49%
2021 -0.18% -3.9%
2020 -1.03% -2.8%
2019 0.11% -0.29%
2018 0.02% 1.57%
2017 -0.14% 1.04%
2016 -0.31% 0.62%
2015 0.1% -0.24%
2014 - 1.68%
2013 - 1.9%
2012 - 5.28%
2011 -2.15% 4.56%
2010 - 2.29%
2009 - 1.64%
2008 - 5.38%
2007 - 3.2%
2006 - 2.45%
2005 - -3.17%
2004 - -3.37%
2003 - -4.39%
2002 - -5.69%
2001 -3.7% -2.95%
2000 - -3.29%
1999 - -2.62%
1998 - -2.74%
1997 - -1.85%
1996 - -1.41%
1995 - -1.59%
1994 - -4.03%
1993 - -10.8%
1992 - 6.44%
1991 -4.5% -
1990 - -
1989 - -
1988 - -
1987 - -
1986 - -
1985 - -
1984 - -
1983 - -
1982 - -
1981 -0.78% -
1980 - -
1979 - -
1978 - -
1977 - -
1976 1.32% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1992–2025, retrieved 2026-07-08); National Statistics, Taiwan (1976–2024, retrieved 2026-07-08).

GeoRank.org/economy/taiwan/uzbekistan | CC BY

In 2024, Taiwan's government surplus, the difference between spending and revenue, was $3.45B, equivalent to 0.43% of GDP. This compares to Uzbekistan's deficit of $2.72B, or 2.25% of GDP.

Over the past 33 years, Taiwan recorded a fiscal deficit in 7 of those years, while Uzbekistan ran a deficit in 20 years. On average, Taiwan posted an annual deficit equal to 0.61% of GDP, compared to deficit of 0.81% of GDP for Uzbekistan.

Inflation comparison by year

Inflation
Taiwan

Uzbekistan
1x
Year Consumer prices inflation
Taiwan Uzbekistan
2025 1.7% 8.8%
2024 2.2% 9.6%
2023 2.5% 10%
2022 2.9% 11.4%
2021 2% 10.8%
2020 -0.2% 12.9%
2019 0.6% 14.5%
2018 1.4% 17.5%
2017 0.6% 13.9%
2016 1.4% 8.8%
2015 -0.3% 8.5%
2014 1.2% 9.1%
2013 0.8% 11.7%
2012 1.9% 11.9%
2011 1.4% 12.4%
2010 1% 12.3%
2009 -0.9% 12.3%
2008 3.5% 13.1%
2007 1.8% 11.2%
2006 0.6% 13.1%
2005 2.3% 10.7%
2004 1.6% 7.3%
2003 -0.3% 12.5%
2002 -0.2% 27.3%
2001 0% 27.3%
2000 1.2% 25%
1999 0.2% 29.1%
1998 1.7% 29%
1997 0.9% 70.9%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08).

GeoRank.org/economy/taiwan/uzbekistan | CC BY

Over the past 29 years, Taiwan has recorded an average annual inflation rate of 1.16%, compared with 16.3% in Uzbekistan. In 2025, inflation was 1.7% in Taiwan and 8.8% in Uzbekistan.

Balance of trade

Taiwan Uzbekistan
Current account balance
$113B
2024
-$5.78B
2025
Current account balance ranking
5/190
2024
167/190
2025
Current account balance, % of GDP
+14.1%
2024
-3.93%
2025
Goods imports n/a
$38.5B
2025
Goods exports n/a
$23B
2025
Service imports n/a
$13.6B
2025
Service exports n/a
$9.27B
2025
Imports of goods and services, % of GDP
54.5%
2025
35.4%
2025
Exports of goods and services, % of GDP
73.6%
2025
22%
2025

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Taiwan Uzbekistan
Economic freedom 79.8 60.3
Economic freedom ranking 6/197 94/197
Property rights 83.4 43.1
Government integrity 74.3 32
Judicial effectiveness 94.3 13.7
Tax burden 78.9 95
Government spending 90 73.7
Fiscal health 92.9 79.9
Business freedom 78.6 62.5
Labor freedom 69 48.4
Monetary freedom 80.3 65.1
Trade freedom 86 80.6
Investment freedom 70 70
Financial freedom 60 60

Economic freedom comparison by year

Taiwan
Uzbekistan
1x
Year Economic freedom index
Taiwan Uzbekistan
2026 79.8 60.3
2025 79.7 58
2024 80 55.9
2023 80.7 56.5
2022 80.1 55.7
2021 78.6 58.3
2020 77.1 57.2
2019 77.3 53.3
2018 76.6 51.5
2017 76.5 52.3
2016 74.7 46
2015 75.1 47
2014 73.9 46.5
2013 72.7 46
2012 71.9 45.8
2011 70.8 45.8
2010 70.4 47.5
2009 69.5 50.5
2008 70.3 51.9
2007 69.4 51.5
2006 69.7 48.7
2005 71.3 45.8
2004 69.6 39.1
2003 71.7 38.3
2002 71.3 38.5
2001 72.8 38.2
2000 72.5 38.1
1999 71.5 33.8
1998 70.4 31.5
1997 70 -
1996 74.1 -
1995 74.2 -

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

GeoRank.org/economy/taiwan/uzbekistan | CC BY

The Economic Freedom Index for Taiwan is 79.8, ranking 6/197, compared to 60.3 for Uzbekistan, ranking 94/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Taiwan Uzbekistan
Services, % of GDP
58.1%
2024
46.5%
2025
Industry, % of GDP
40.4%
2024
32.5%
2025
Agriculture, forestry, and fishing, % of GDP
1.46%
2024
16.6%
2025
GNI, Atlas method
$832B
2024
$136B
2025
GNI per capita, PPP n/a
$13,640
2025
Total reserves including gold n/a
$41.2B
2024
Total reserves ranking n/a
53/177
2024
Net foreign direct investment n/a
-$4.24B
2025
Net inflows of foreign direct investment n/a
$2.97B
2024
Net outflows of foreign direct investment n/a
$36.7M
2024
Servicing debt to the IMF, % of GNI n/a
9.37%
2024
Poverty at national poverty lines
1.5%
2020
5.8%
2025
Gross capital formation, % of GDP
26.9%
2024
33.3%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); National Statistics, Taiwan (1985–2024, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

GeoRank.org/economy/taiwan/uzbekistan | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08)
  2. National Statistics, Taiwan (1951–2026, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Fiscal Monitor (1992–2025, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  6. Central Intelligence Agency (CIA) (1999–2020, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.