Taiwan Country Snapshot


EIU

Taiwan - Economist Intelligence Unit - The Economist

DOMESTIC POLITICS: Taiwan's political scene will be relatively stable in 2010-11, following the victory of the KMT candidate, Mr Ma, in the March 2008 presidential contest. His triumph followed the parliamentary election in January of that year, which saw the KMT secure 81 of the chamber's 113 seats. The KMT's control of both parliament and the presidency means that the opposition DPP will be excluded from a major role in politics until 2012, when the next national elections are due to take place. Given that Taiwan's two most important political institutions will be controlled by the same party for the next few years, the implementation of economic policy should not be problematic.

Country Forecast Overview (3 Year)
Key Indicators 2008 2009 2010
Real GDP Growth (%) .00 -4.20 3.40
Consumer Price Inflation (av;%) 3.53 -.70 1.20
Budget Balance (% of GDP) -.90 -5.10 -4.30
Current-Account Balance (% of GDP) 6.35 9.70 8.10
Exchange Rate US$:Euro (av) 31.53 33.06 32.13
Exchange Rate US$:Euro(year-end) 32.86 32.59 31.82

Taiwan GDP PPP & GDP Growth Rates
2004 - 2008
Taiwan GDP Growth Rate Chart

Year GDP in Billions of USD PPP % GDP Growth
2004 619.67 6.16
2005 666.99 4.05
2006 721.78 4.30
2007 784.78 5.70
2008 802.53 0.00
Source: EIU Country Data

Taiwan: risk assessment
Risk October 2009
Sovereign risk BBB
Currency risk A
Banking sector risk BBB
Political risk A
Economic structure risk A
Featured Economic Reports
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