PESTLE Insights: Taiwan - Macroeconomic Outlook Report

PESTLE Insights: Taiwan - Macroeconomic Outlook Report


Mining, manufacturing and utilities contributed 33.7% to the gross value added (GVA) in 2018, followed by wholesale, retail and hotels (19.6%) and financial intermediation, real estate and business activities (17.6%). In nominal terms, the three sectors are expected to grow by 3.2%, 2.8% and 2.6%, respectively, in 2019.New Taipei City, Kaohsiung City and Taichung City accounted for 41.3% of Taiwan’s population, as per the latest population and housing census from 2010. The next census is expected to be conducted by 2020.Majority of inward FDI was towards the manufacturing, financial and insurance sectors in 2018The Taiwan Stock Exchange Weighted Index (TWII) exhibited a downward trend over the last year. As of May 15, 2019, the TWII stood at 10,560.70996, compared to 10,874.73047 on May 15, 2018.


  • As per the World Bank's logistics performance index (LPI), transport and logistic infrastructure in Taiwan has not seen significant improvements over the last two years. In fact, the country’s LPI rank declined slightly to 27th out of 160 countries in 2018, from 25th in 2016.
  • Taiwan’s Parliament is allocating TWD420bn (US$13.9bn) worth of funds towards infrastructure development under its Forward-looking Infrastructure Development Program (2017-2021)
Reasons to buy
  • Macroeconomic Outlook Report identifies the potentials of the country as an investment destination by analyzing the political, economic, social, technological, legal and environmental (PESTLE) structure.
  • PESTLE Insights provides 360 degree view of the economy which can be used as a strategic tool to understand the market dynamics, business potentials and direction of operations
  • Along with providing the country’s snapshot, the report captures the risk factors pertaining to the macroeconomic risks, political environment, legal environment, demographic and social structure effectiveness, technology & infrastructure and natural and geographic aspects that might impact business.
  • This report also highlights key clusters/cities which contribute significantly to the country GDP and population along with major companies’ presence in these areas.

Did You Know?
Country Highlights
Country Snapshot
PESTLE Insights
Political Landscape
Economic Landscape
Social Landscape
Technological Landscape
Legal Landscape
Environmental Landscape
List of Figures
Exhibit 1: Taiwan’s Performance in terms of its Country Risk Analysis in Comparison to Asia and the World
Exhibit 2: Performance Overview (Score: 1-100)
Exhibit 3: Broad Categories and Weights Behind the Index
Exhibit 4: Taiwan Stock Exchange Weighted Index (TWII) (May 2018 - May 2019)
Exhibit 5: Key Sectors’ Contribution to the Economy (2014-2021f)
Exhibit 6: FDI Inflows (2011-2018), Leading FDI by Industry (2018), and FDI by Sector (2018)
Exhibit 7: Inward Overseas Chinese and Foreign Investments and Associated Number of Projects by Country of Origin (2018)
Exhibit 8: Key Infrastructure Indicators
Exhibit 9: Real GDP and Household Consumption Growth Rate (2014-2021f)
Exhibit 10: Real GDP Growth Rate Comparison (2018)
Exhibit 11: Export, Import and Trade Balance (2014-2021f)
Exhibit 12: Current Account Balance (2014-2021f)
Exhibit 13: Top Three Commodity Exports, % of Total Exports, (2014-2018)
Exhibit 14: Electrical Equipments and Parts Thereof, % Of World Total (2018)
Exhibit 15: Interest Rates (March 2009 - March 2019)
Exhibit 16: Exchange Rate (2014-2021f)
Exhibit 17: Public Finance (2014-2021f)
Exhibit 18: General Government Debt (2014-2021f)
Exhibit 19: Employment/Unemployment (2014-2021f)
Exhibit 20: Average Annual Wages (2014-2021f)
Exhibit 21: Labor Cost Index (2014-2021f)
Exhibit 22: Rural/Urban Share of Total Population (1990, 2000, 2010, 2020f)
Exhibit 23: Age-group Share of Total Population (2000, 2010, 2020f)
Exhibit 24: Gender Split (1990, 2000, 2010, 2020f)
Exhibit 25: Internet Users % of Total Population, Mobile Penetration Rate and Broadband Penetration Rate, (2018e)
Exhibit 26: Number of Patents Granted Per Million Population, (2018)
Exhibit 27: Business Enterprise R&D Expenditure by Source of Funds (2013-2017)
Exhibit 28: Doing Business in Taiwan (2019)
Exhibit 29: Corruption Perception Index (Rankings) (2018)
Exhibit 30: CO2 Emissions (2012-2017)

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