Taiwan vs the Vatican City: Economic Indicators Comparison

Taiwan with a GDP of $585.8B ranked the 21st largest economy in the world, while the Vatican City ranked 197th with $21.2M. By GDP per capita, Taiwan and the Vatican City ranked 38th vs 44th, respectively.

Gross Domestic Product & Income

StatTaiwanVatican City
GDP$585.8B$21.2M
GDP growth, 1 year2.6%N/A
GDP growth, 5-years average2.4%N/A
Population23.6M1k
GDP per capita$25k$21k
GDP per capita growthN/AN/A
Purchasing Power Parity conversion factorN/AN/A
Price level ratio of PPP conversion factor GDP to market exchange rateN/AN/A
GDP per capita, PPP adjusted$53k$30k
GNI, Atlas methodN/AN/A
GNI per capitaN/AN/A
GNI, PPP adjustedN/AN/A
GNI per capita, PPP adjustedN/AN/A

Financial system and Human development

StatTaiwanVatican City
Income Tax Rate45%N/A
Corporate Tax Rate20%N/A
Inflation, consumer prices1.5%N/A
Inflation, GDP deflatorN/AN/A
Unemployment3.7%N/A
Economic Freedom Index77.165
Personal Freedom Index8.098.5
Human Freedom Index7.797.8
Property Rights Index86.9N/A
Judical Effectiveness Index70.1N/A
Business Freedom Index93.9N/A
Fiscal Health Index91N/A
Labor Freedom Index60.3N/A
Investment Freedom Index60N/A
Financial Freedom Index60N/A
Trade Freedom Index86N/A
Monetary Freedom Index82.7N/A
Government Spending Index90.5N/A
Tax Burden Index75N/A
Government Integrity Index68.9N/A
Corruption Perceptions Index6360
Life expectancy at birth, years80.277
Suicide mortality rate, per 100,000 people12.50.2
Mortality caused by road traffic injury, per 100,000 people6.30.5
Intentional homicides, per 100,000 people0.80
International tourism, number of arrivalsN/AN/A

Government debt & reserves

StatTaiwanVatican City
Central government debt, % of GDP35%N/A
External debt stocks, % of GNIN/AN/A
External debt stocksN/AN/A
Short-term debt, % of total reservesN/AN/A
Total debt service, % of exports and primary incomeN/AN/A
Adjusted net savings including particulate emission damage, % of GNIN/AN/A
Gross savings, % of GDPN/AN/A
Gross capital formation, % of GDPN/AN/A
Total reserves including goldN/AN/A
Foreign direct investment net inflowsN/AN/A

Exports, imports and economic structure

StatTaiwanVatican City
Exports of goods and services, % of GDPN/AN/A
Imports of goods and services, % of GDPN/AN/A
Current account balance (balance of payments)N/AN/A
Revenue excluding grants, % of GDPN/AN/A
Grants excluding technical cooperation, BoPN/AN/A
Personal remittances receivedN/AN/A
Industry including construction value added, % of GDPN/AN/A
Agriculture, forestry and fishing value added, % of GDPN/AN/A
Charges for the use of intellectual property, payments BoPN/AN/A
Charges for the use of intellectual property, receipts BoPN/AN/A
Expense, % of GDPN/AN/A
Government Expenditure, % of GDP17.8%N/A

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
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
Antigua and Barbuda
$17k
102k

Vatican City vs

CountryGDP
per capita
Population
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
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
Antigua and Barbuda
$17k
102k
Seychelles
$16k
95.8k
Oman
$16k
4.83M
Hungary
$16k
9.94M
Venezuela
$16k
28.5M
Chile
$16k
18.1M
Palau
$16k
21.7k