Taiwan: Powering Ahead
Mădălin Mihai
Taiwan’s booming economy looks to continue its growth, but heavy dependence on semiconductor exports is prompting concerns. VITAL STATISTICS Location : North Asia Neighbors : China, the Philippines Capital City : Taipei Population (2025) : 23.2 million Official Language : Mandarin Chinese GDP per capita (2025) : $39,000 GDP growth rate (2025) : 7.71% Inflation (2025) : 1.66% Currency : New Taiwan dollar Investment Promotion Agencies : Ministry of Economic Affairs (MOEA), Department of
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