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Economy Stats: compare key data on India & Taiwan

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Definitions

  • Budget > Revenues: Revenues calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms
  • Budget surplus > + or deficit > -: This entry records the difference between national government revenues and expenditures, expressed as a percent of GDP. A positive (+) number indicates that revenues exceeded expenditures (a budget surplus), while a negative (-) number indicates the reverse (a budget deficit). Normalizing the data, by dividing the budget balance by GDP, enables easy comparisons across countries and indicates whether a national government saves or borrows money. Countries with high budget deficits (relative to their GDPs) generally have more difficulty raising funds to finance expenditures, than those with lower deficits.
  • Debt > Government debt > Public debt, share of GDP: Public debt as % of GDP (CIA).

    No date was available from the Wikipedia article, so we used the date of retrieval.

  • Distribution of family income > Gini index: This index measures the degree of inequality in the distribution of family income in a country. The index is calculated from the Lorenz curve, in which cumulative family income is plotted against the number of families arranged from the poorest to the ric
  • Overview: This entry briefly describes the type of economy, including the degree of market orientation, the level of economic development, the most important natural resources, and the unique areas of specialization. It also characterizes major economic events and policy changes in the most recent 12 months and may include a statement about one or two key future macroeconomic trends.
  • Exports: This entry provides the total US dollar amount of merchandise exports on an f.o.b. (free on board) basis. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms.
  • Exports per capita: This entry provides the total US dollar amount of merchandise exports on an f.o.b. (free on board) basis. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms. Figures expressed per capita for the same year.
  • GDP > Composition, by sector of origin > Services: This entry is derived from Economy > GDP > Composition, by sector of origin, which shows where production takes place in an economy. The distribution gives the percentage contribution of agriculture, industry, and services to total GDP, and will total 100 percent of GDP if the data are complete. Agriculture includes farming, fishing, and forestry. Industry includes mining, manufacturing, energy production, and construction. Services cover government activities, communications, transportation, finance, and all other private economic activities that do not produce material goods.
  • GDP > Per capita: This entry gives the gross domestic product (GDP) or value of all final goods and services produced within a nation in a given year. A nation's GDP at purchasing power parity (PPP) exchange rates is the sum value of all goods and services produced in the country valued at prices prevailing in the United States. This is the measure most economists prefer when looking at per-capita welfare and when comparing living conditions or use of resources across countries. The measure is difficult to compute, as a US dollar value has to be assigned to all goods and services in the country regardless of whether these goods and services have a direct equivalent in the United States (for example, the value of an ox-cart or non-US military equipment); as a result, PPP estimates for some countries are based on a small and sometimes different set of goods and services. In addition, many countries do not formally participate in the World Bank's PPP project that calculates these measures, so the resulting GDP estimates for these countries may lack precision. For many developing countries, PPP-based GDP measures are multiples of the official exchange rate (OER) measure. The difference between the OER- and PPP-denominated GDP values for most of the weathly industrialized countries are generally much smaller. Per capita figures expressed per 1 population.
  • GDP > Per capita > PPP: This entry shows GDP on a purchasing power parity basis divided by population as of 1 July for the same year.
  • GDP > Purchasing power parity: This entry gives the gross domestic product (GDP) or value of all final goods and services produced within a nation in a given year. A nation's GDP at purchasing power parity (PPP) exchange rates is the sum value of all goods and services produced in the country valued at prices prevailing in the United States. This is the measure most economists prefer when looking at per-capita welfare and when comparing living conditions or use of resources across countries. The measure is difficult to compute, as a US dollar value has to be assigned to all goods and services in the country regardless of whether these goods and services have a direct equivalent in the United States (for example, the value of an ox-cart or non-US military equipment); as a result, PPP estimates for some countries are based on a small and sometimes different set of goods and services. In addition, many countries do not formally participate in the World Bank's PPP project that calculates these measures, so the resulting GDP estimates for these countries may lack precision. For many developing countries, PPP-based GDP measures are multiples of the official exchange rate (OER) measure. The difference between the OER- and PPP-denominated GDP values for most of the weathly industrialized countries are generally much smaller.
  • Inflation rate > Consumer prices: This entry furnishes the annual percent change in consumer prices compared with the previous year's consumer prices.
  • Population below poverty line: National estimates of the percentage of the population lying below the poverty line are based on surveys of sub-groups, with the results weighted by the number of people in each group. Definitions of poverty vary considerably among nations. For example, rich nations generally employ more generous standards of poverty than poor nations.
  • Public debt: This entry records the cumulatiive total of all government borrowings less repayments that are denominated in a country's home currency. Public debt should not be confused with external debt, which reflects the foreign currency liabilities of both the private and public sector and must be financed out of foreign exchange earnings.
  • Unemployment rate: This entry contains the percent of the labor force that is without jobs. Substantial underemployment might be noted.
  • Fiscal year: The beginning and ending months for a country's accounting period of 12 months, which often is the calendar year but which may begin in any month. All yearly references are for the calendar year (CY) unless indicated as a noncalendar fiscal year (FY).
  • GDP > Composition by sector > Industry: The gross domestic product (GDP) or value of all final goods produced by the industrial sector within a nation in a given year. GDP dollar estimates in the Factbook are derived from purchasing power parity (PPP) calculations. See the CIA World Factbook for more information.
  • Imports per capita: This entry provides the total US dollar amount of merchandise imports on a c.i.f. (cost, insurance, and freight) or f.o.b. (free on board) basis. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms. Figures expressed per capita for the same year.
  • Technology index: The technology index denotes the country's technological readiness. This index is created with such indicators as companies spending on R&D, the creativity of its scientific community, personal computer and internet penetration rates.
  • Population below poverty line > Per capita: National estimates of the percentage of the population lying below the poverty line are based on surveys of sub-groups, with the results weighted by the number of people in each group. Definitions of poverty vary considerably among nations. For example, rich nations generally employ more generous standards of poverty than poor nations. Per capita figures expressed per 1 million population.
  • GDP > Per capita > PPP per thousand people: This entry shows GDP on a purchasing power parity basis divided by population as of 1 July for the same year. Figures expressed per thousand people for the same year.
  • Exports > Commodities: This entry provides a listing of the highest-valued exported products; it sometimes includes the percent of total dollar value.
  • Imports: This entry provides the total US dollar amount of merchandise imports on a c.i.f. (cost, insurance, and freight) or f.o.b. (free on board) basis. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms.
  • Budget > Expenditures: Expenditures calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms
  • Budget > Revenues > Per capita: Revenues calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms Per capita figures expressed per 1 population.
  • Exports > Main exports: Country main exports.
  • Debt > External: Total public and private debt owed to non-residents repayable in foreign currency, goods, or services.
  • Debt > External > Per capita: Total public and private debt owed to non-residents repayable in foreign currency, goods, or services. Per capita figures expressed per 1 population.
  • GDP > Composition by sector > Services: The gross domestic product (GDP) or value of all final services produced within a nation in a given year. GDP dollar estimates in the Factbook are derived from purchasing power parity (PPP) calculations. See the CIA World Factbook for more information.
  • GDP > Composition by sector > Agriculture: The gross domestic product (GDP) or value of all final goods produced by the agricultural sector within a nation in a given year. GDP dollar estimates in the Factbook are derived from purchasing power parity (PPP) calculations. See the CIA World Factbook for more information.
  • Industries: A rank ordering of industries starting with the largest by value of annual output.
  • GDP > Composition, by end use > Imports of goods and services: This entry is derived from Economy > GDP > Composition, by end use, which shows who does the spending in an economy: consumers, businesses, government, and foreigners. The distribution gives the percentage contribution to total GDP of household consumption, government consumption, investment in fixed capital, investment in inventories, exports of goods and services, and imports of goods and services, and will total 100 percent of GDP if the data are complete.
    household consumption consists of expenditures by resident households, and by nonprofit institutions that serve households, on goods and services that are consumed by individuals. This includes consumption of both domestically produced and foreign goods and services.
    government consumption consists of government expenditures on goods and services. These figures exclude government transfer payments, such as interest on debt, unemployment, and social security, since such payments are not made in exchange for goods and services supplied.
    investment in fixed capital consists of total business spending on fixed assets, such as factories, machinery, equipment, dwellings, and inventories of raw materials, which provide the basis for future production. It is measured gross of the depreciation of the assets, i.e., it includes investment that merely replaces worn-out or scrapped capital. Earlier editions of The World Factbook referred to this concept as Investment (gross fixed) and that data now have been moved to this new field.
    investment in inventories consists of net changes to the stock of outputs that are still held by the units that produce them, awaiting further sale to an end user, such as automobiles sitting on a dealer’s lot or groceries on the store shelves. This figure may be positive or negative. If the stock of unsold output increases during the relevant time period, investment in inventories is positive, but, if the stock of unsold goods declines, it will be negative. Investment in inventories normally is an early indicator of the state of the economy. If the stock of unsold items increases unexpectedly – because people stop buying - the economy may be entering a recession; but if the stock of unsold items falls - and goods "go flying off the shelves" - businesses normally try to replace those stocks, and the economy is likely to accelerate.
    exports of goods and services consist of sales, barter, gifts, or grants of goods and services from residents to nonresidents.
    imports of goods and ...
    Full definition
  • Labor force: This entry contains the total labor force figure.
  • Trade > With US > US imports of bauxite and aluminum: US imports of bauxite and aluminum, USD Thousands, 2004
  • GDP > Real growth rate: GDP growth on an annual basis adjusted for inflation and expressed as a percent.
  • Debt > Government debt > Gross government debt, share of GDP: Gross government debt as % of GDP (IMF).

    No date was available from the Wikipedia article, so we used the date of retrieval.

  • Economic freedom: Index of 'economic freedom', according to the American organisation 'The Heritage Foundation'. It is worth noting that such indices are based on highly culturally contingent factors. This data makes a number of assumptions about 'freedom' and the role of the government that are not accepted by much of the world's population. A broad discussion of The Heritage Foundation's definition and methodology can be found at http://www.heritage.org/research/features/index/ChapterPDFs/chapter5.HTML.
  • Stock of direct foreign investment > At home: This entry gives the cumulative US dollar value of all investments in the home country made directly by residents - primarily companies - of other countries as of the end of the time period indicated. Direct investment excludes investment through purchase of shares.
  • Current account balance: This entry records a country's net trade in goods and services, plus net earnings from rents, interest, profits, and dividends, and net transfer payments (such as pension funds and worker remittances) to and from the rest of the world during the period specified. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms.
  • Currency: The national medium of exchange and its basic sub-unit.
  • GDP > Purchasing power parity > Per capita: This entry gives the gross domestic product (GDP) or value of all final goods and services produced within a nation in a given year. A nation's GDP at purchasing power parity (PPP) exchange rates is the sum value of all goods and services produced in the country valued at prices prevailing in the United States. This is the measure most economists prefer when looking at per-capita welfare and when comparing living conditions or use of resources across countries. The measure is difficult to compute, as a US dollar value has to be assigned to all goods and services in the country regardless of whether these goods and services have a direct equivalent in the United States (for example, the value of an ox-cart or non-US military equipment); as a result, PPP estimates for some countries are based on a small and sometimes different set of goods and services. In addition, many countries do not formally participate in the World Bank's PPP project that calculates these measures, so the resulting GDP estimates for these countries may lack precision. For many developing countries, PPP-based GDP measures are multiples of the official exchange rate (OER) measure. The difference between the OER- and PPP-denominated GDP values for most of the weathly industrialized countries are generally much smaller. Per capita figures expressed per 1 population.
  • Business > Companies > Corporate governance (overall rating): Overall rating of each country's adherence to the corporate governance guidelines set forth in three prominent economical essays. The ratings are out of 10, with 10 meaning full adherence.
  • Gross national saving: Gross national saving is derived by deducting final consumption expenditure (household plus government) from Gross national disposable income, and consists of personal saving, plus business saving (the sum of the capital consumption allowance and retained business profits), plus government saving (the excess of tax revenues over expenditures), but excludes foreign saving (the excess of imports of goods and services over exports). The figures are presented as a percent of GDP. A negative number indicates that the economy as a whole is spending more income than it produces, thus drawing down national wealth (dissaving).
  • Exchange rates: The official value of a country's monetary unit at a given date or over a given period of time, as expressed in units of local currency per US dollar and as determined by international market forces or official fiat.
  • Size of economy > Share of world GDP : Percent of world GDP (exchange rates).

    No date was available from the Wikipedia article, so we used the date of retrieval.

    No date was available from the Wikipedia article, so we used the date of retrieval.

    No date was available from the Wikipedia article, so we used the date of retrieval.

    No date was available from the Wikipedia article, so we used the date of retrieval.

    No date was available from the Wikipedia article, so we used the date of retrieval.

    No date was available from the Wikipedia article, so we used the date of retrieval.

    No date was available from the Wikipedia article, so we used the date of retrieval.

  • Exports > Partners: This entry provides a rank ordering of trading partners starting with the most important; it sometimes includes the percent of total dollar value.
  • GDP > Official exchange rate: This entry gives the gross domestic product (GDP) or value of all final goods and services produced within a nation in a given year. A nation's GDP at offical exchange rates (OER) is the home-currency-denominated annual GDP figure divided by the bilateral average US exchange rate with that country in that year. The measure is simple to compute and gives a precise measure of the value of output. Many economists prefer this measure when gauging the economic power an economy maintains vis-a-vis its neighbors, judging that an exchange rate captures the purchasing power a nation enjoys in the international marketplace. Official exchange rates, however, can be artifically fixed and/or subject to manipulation - resulting in claims of the country having an under- or over-valued currency - and are not necessarily the equivalent of a market-determined exchange rate. Moreover, even if the official exchange rate is market-determined, market exchange rates are frequently established by a relatively small set of goods and services (the ones the country trades) and may not capture the value of the larger set of goods the country produces. Furthermore, OER-converted GDP is not well suited to comparing domestic GDP over time, since appreciation/depreciation from one year to the next will make the OER GDP value rise/fall regardless of whether home-currency-denominated GDP changed.
  • Investment > Gross fixed: This entry records total business spending on fixed assets, such as factories, machinery, equipment, dwellings, and inventories of raw materials, which provide the basis for future production. It is measured gross of the depreciation of the assets, i.e., it includes invesment that merely replaces worn-out or scrapped capital.
  • GDP > Composition, by sector of origin > Industry: This entry is derived from Economy > GDP > Composition, by sector of origin, which shows where production takes place in an economy. The distribution gives the percentage contribution of agriculture, industry, and services to total GDP, and will total 100 percent of GDP if the data are complete. Agriculture includes farming, fishing, and forestry. Industry includes mining, manufacturing, energy production, and construction. Services cover government activities, communications, transportation, finance, and all other private economic activities that do not produce material goods.
  • GDP > Composition, by sector of origin > Agriculture: This entry is derived from Economy > GDP > Composition, by sector of origin, which shows where production takes place in an economy. The distribution gives the percentage contribution of agriculture, industry, and services to total GDP, and will total 100 percent of GDP if the data are complete. Agriculture includes farming, fishing, and forestry. Industry includes mining, manufacturing, energy production, and construction. Services cover government activities, communications, transportation, finance, and all other private economic activities that do not produce material goods.
  • Investment > External financial assets per capita: Financial assets in 2013 EUR billions. Figures expressed per capita for the same year.
  • Reserves of foreign exchange and gold: This entry gives the dollar value for the stock of all financial assets that are available to the central monetary authority for use in meeting a country's balance of payments needs as of the end-date of the period specified. This category includes not only foreign currency and gold, but also a country's holdings of Special Drawing Rights in the International Monetary Fund, and its reserve position in the Fund.
  • GDP > Composition, by end use > Household consumption: This entry is derived from Economy > GDP > Composition, by end use, which shows who does the spending in an economy: consumers, businesses, government, and foreigners. The distribution gives the percentage contribution to total GDP of household consumption, government consumption, investment in fixed capital, investment in inventories, exports of goods and services, and imports of goods and services, and will total 100 percent of GDP if the data are complete.
    household consumption consists of expenditures by resident households, and by nonprofit institutions that serve households, on goods and services that are consumed by individuals. This includes consumption of both domestically produced and foreign goods and services.
    government consumption consists of government expenditures on goods and services. These figures exclude government transfer payments, such as interest on debt, unemployment, and social security, since such payments are not made in exchange for goods and services supplied.
    investment in fixed capital consists of total business spending on fixed assets, such as factories, machinery, equipment, dwellings, and inventories of raw materials, which provide the basis for future production. It is measured gross of the depreciation of the assets, i.e., it includes investment that merely replaces worn-out or scrapped capital. Earlier editions of The World Factbook referred to this concept as Investment (gross fixed) and that data now have been moved to this new field.
    investment in inventories consists of net changes to the stock of outputs that are still held by the units that produce them, awaiting further sale to an end user, such as automobiles sitting on a dealer’s lot or groceries on the store shelves. This figure may be positive or negative. If the stock of unsold output increases during the relevant time period, investment in inventories is positive, but, if the stock of unsold goods declines, it will be negative. Investment in inventories normally is an early indicator of the state of the economy. If the stock of unsold items increases unexpectedly – because people stop buying - the economy may be entering a recession; but if the stock of unsold items falls - and goods "go flying off the shelves" - businesses normally try to replace those stocks, and the economy is likely to accelerate.
    exports of goods and services consist of sales, barter, gifts, or grants of goods and services from residents to nonresidents.
    imports of goods and ...
    Full definition
    .
  • Investment > External financial assets: Gross financial assets privately owned by residents of the country, mainly in the form of bank deposits, insurances and securities, in EUR.
  • Trade > Exports to US: in US dollars. Jan 2003 - March 2003
  • Industrial production growth rate: This entry gives the annual percentage increase in industrial production (includes manufacturing, mining, and construction).
  • Labor force > By occupation > Agriculture: This entry is derived from Economy > Labor force > By occupation, which lists the percentage distribution of the labor force by sector of occupation. Agriculture includes farming, fishing, and forestry. Industry includes mining, manufacturing, energy production, and construction. Services cover government activities, communications, transportation, finance, and all other economic activities that do not produce material goods. The distribution will total less than 100 percent if the data are incomplete and may range from 99-101 percent due to rounding.
    Additional details:
    • Gibraltar: negligible (2013)
  • Labor force > By occupation > Services: This entry is derived from Economy > Labor force > By occupation, which lists the percentage distribution of the labor force by sector of occupation. Agriculture includes farming, fishing, and forestry. Industry includes mining, manufacturing, energy production, and construction. Services cover government activities, communications, transportation, finance, and all other economic activities that do not produce material goods. The distribution will total less than 100 percent if the data are incomplete and may range from 99-101 percent due to rounding.
  • Industrial > Production growth rate: The annual percentage increase in industrial production (includes manufacturing, mining, and construction).
  • Debt > Interest rates > Central bank discount rate: Compares the annualized interest rate set by centrals banks over loans requested by commercial banks to meet temporary shortages of funds. Through these loans, central banks can influence the commercial banks' interest rates as a tool of monetary policy. Usually their interest rates are lower than the ones offered by commercial banks, which lend it at a higher rate to make their profit.
  • Business > Companies > Specific companies > IKEA > Debut: The year in which the first IKEA opened in each country. The first IKEA opened in Sweden in 1958.
  • Trade > Imports: This entry provides the total US dollar amount of merchandise imports on a c.i.f. (cost, insurance, and freight) or f.o.b. (free on board) basis. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms.
  • Oil > Exports: This entry is the total oil exported in barrels per day (bbl/day), including both crude oil and oil products.
    Additional details:
    • Bahamas, The: transshipments of 41,570 bbl/day (2007)
    • Bahamas, The: transshipments of 41,610 bbl/day (2009)
  • GDP > Composition, by end use > Exports of goods and services: This entry is derived from Economy > GDP > Composition, by end use, which shows who does the spending in an economy: consumers, businesses, government, and foreigners. The distribution gives the percentage contribution to total GDP of household consumption, government consumption, investment in fixed capital, investment in inventories, exports of goods and services, and imports of goods and services, and will total 100 percent of GDP if the data are complete.
    household consumption consists of expenditures by resident households, and by nonprofit institutions that serve households, on goods and services that are consumed by individuals. This includes consumption of both domestically produced and foreign goods and services.
    government consumption consists of government expenditures on goods and services. These figures exclude government transfer payments, such as interest on debt, unemployment, and social security, since such payments are not made in exchange for goods and services supplied.
    investment in fixed capital consists of total business spending on fixed assets, such as factories, machinery, equipment, dwellings, and inventories of raw materials, which provide the basis for future production. It is measured gross of the depreciation of the assets, i.e., it includes investment that merely replaces worn-out or scrapped capital. Earlier editions of The World Factbook referred to this concept as Investment (gross fixed) and that data now have been moved to this new field.
    investment in inventories consists of net changes to the stock of outputs that are still held by the units that produce them, awaiting further sale to an end user, such as automobiles sitting on a dealer’s lot or groceries on the store shelves. This figure may be positive or negative. If the stock of unsold output increases during the relevant time period, investment in inventories is positive, but, if the stock of unsold goods declines, it will be negative. Investment in inventories normally is an early indicator of the state of the economy. If the stock of unsold items increases unexpectedly – because people stop buying - the economy may be entering a recession; but if the stock of unsold items falls - and goods "go flying off the shelves" - businesses normally try to replace those stocks, and the economy is likely to accelerate.
    exports of goods and services consist of sales, barter, gifts, or grants of goods and services from residents to nonresidents.
    imports of goods and ...
    Full definition
     .
  • Oil > Production: This entry is the total oil produced in barrels per day (bbl/day). The discrepancy between the amount of oil produced and/or imported and the amount consumed and/or exported is due to the omission of stock changes, refinery gains, and other complicating factors.
  • GDP > CIA Factbook > Per capita: Per capita figures expressed per 1 population.
  • GDP > Composition, by end use > Government consumption: This entry is derived from Economy > GDP > Composition, by end use, which shows who does the spending in an economy: consumers, businesses, government, and foreigners. The distribution gives the percentage contribution to total GDP of household consumption, government consumption, investment in fixed capital, investment in inventories, exports of goods and services, and imports of goods and services, and will total 100 percent of GDP if the data are complete.
    household consumption consists of expenditures by resident households, and by nonprofit institutions that serve households, on goods and services that are consumed by individuals. This includes consumption of both domestically produced and foreign goods and services.
    government consumption consists of government expenditures on goods and services. These figures exclude government transfer payments, such as interest on debt, unemployment, and social security, since such payments are not made in exchange for goods and services supplied.
    investment in fixed capital consists of total business spending on fixed assets, such as factories, machinery, equipment, dwellings, and inventories of raw materials, which provide the basis for future production. It is measured gross of the depreciation of the assets, i.e., it includes investment that merely replaces worn-out or scrapped capital. Earlier editions of The World Factbook referred to this concept as Investment (gross fixed) and that data now have been moved to this new field.
    investment in inventories consists of net changes to the stock of outputs that are still held by the units that produce them, awaiting further sale to an end user, such as automobiles sitting on a dealer’s lot or groceries on the store shelves. This figure may be positive or negative. If the stock of unsold output increases during the relevant time period, investment in inventories is positive, but, if the stock of unsold goods declines, it will be negative. Investment in inventories normally is an early indicator of the state of the economy. If the stock of unsold items increases unexpectedly – because people stop buying - the economy may be entering a recession; but if the stock of unsold items falls - and goods "go flying off the shelves" - businesses normally try to replace those stocks, and the economy is likely to accelerate.
    exports of goods and services consist of sales, barter, gifts, or grants of goods and services from residents to nonresidents.
    imports of goods and ...
    Full definition
  • GDP > Per $ GDP: This entry gives the gross domestic product (GDP) or value of all final goods and services produced within a nation in a given year. A nation's GDP at purchasing power parity (PPP) exchange rates is the sum value of all goods and services produced in the country valued at prices prevailing in the United States. This is the measure most economists prefer when looking at per-capita welfare and when comparing living conditions or use of resources across countries. The measure is difficult to compute, as a US dollar value has to be assigned to all goods and services in the country regardless of whether these goods and services have a direct equivalent in the United States (for example, the value of an ox-cart or non-US military equipment); as a result, PPP estimates for some countries are based on a small and sometimes different set of goods and services. In addition, many countries do not formally participate in the World Bank's PPP project that calculates these measures, so the resulting GDP estimates for these countries may lack precision. For many developing countries, PPP-based GDP measures are multiples of the official exchange rate (OER) measure. The difference between the OER- and PPP-denominated GDP values for most of the weathly industrialized countries are generally much smaller. Per $ GDP figures expressed per 1 $ gross domestic product.
  • Entrepreneurship > Starting a Business > Index ranking: Doing Business records all generic procedures that are officially required for an entrepreneur to start up and operate an industrial or commercial business. These include obtaining all necessary licenses and permits and completing any required notifications, verifications or inscriptions with relevant authorities. After a study of laws, regulations and publicly available information on business entry, a detailed list of procedures, time, cost and paid-in minimum capital requirements is developed. Subsequently, local incorporation lawyers and government officials complete and verify the data on applicable procedures, the time and cost of complying with each procedure under normal circumstances and the paid-in minimum capital. On average 4 law firms participate in each country. Information is also collected on the sequence in which procedures are to be completed and whether procedures may be carried out simultaneously. It is assumed that any required information is readily available and that all government and nongovernment agencies involved in the start-up process function efficiently and without corruption. If answers by local experts differ, inquiries continue until the data are reconciled. NOTE: This is a ranking derived from several indicators, 1 being the best (ranked first). The higher the number on this graph, the lower their overall ranking. Invert this graph by clicking on 'Amount' at the top. Consult source for details on methodology.
  • Trade > Exports: The total US dollar amount of exports on an f.o.b. (free on board) basis.
  • Entrepreneurship > Hiring and Firing > Index ranking: Every economy has established a complex system of laws and institutions intended to protect the interests of workers and to guarantee a minimum standard of living for its population. The OECD Job Study and the International Encyclopedia for Labour Law and Industrial Relations identify 4 areas subject to statutory regulation in all countries: employment, social security, industrial relations and occupational health and safety. Doing Business focuses on the regulation of employment, specifically the hiring and firing of workers and the rigidity of working hours. This year data on social security payments by the employer and pension benefits, including the mandatory retirement age, have been added. The data on hiring and firing workers are based on a detailed survey of employment and social security regulations. The survey is completed by local law firms. The employment laws of most countries are available online in the NATLEX database, published by the International Labour Organization. In all cases both actual laws and secondary sources are used to ensure accuracy. Conflicting answers are further checked against 2 additional sources, including a local legal treatise on employment regulation. NOTE: This is a ranking derived from several indicators, 1 being the best (ranked first). The higher the number on this graph, the lower their overall ranking. Invert this graph by clicking on 'Amount' at the top. Consult source for details on methodology.
  • Imports > Commodities: This entry provides a listing of the highest-valued imported products; it sometimes includes the percent of total dollar value.
  • Labor force per thousand people: This entry contains the total labor force figure. Figures expressed per thousand people for the same year.
  • Business > Companies > Specific companies > Carrefour > First store: Year in which Carrefour first entered each country.
  • Business efficiency: Based upon a business efficiency index where '100' represents the highest level of business efficiency.
  • GDP > Median household income (PPP): Median Household Income $PPP.
  • Public institution index: Public institution index indicates the state of the country's public institutions.
  • Currency > Monetary unit: Country currency.
  • Budget > Expenditures > Per $ GDP: Expenditures calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms Per $ GDP figures expressed per 1 $ gross domestic product.
  • Taxes and other revenues: This entry records total taxes and other revenues received by the national government during the time period indicated, expressed as a percent of GDP. Taxes include personal and corporate income taxes, value added taxes, excise taxes, and tariffs. Other revenues include social contributions - such as payments for social security and hospital insurance - grants, and net revenues from public enterprises. Normalizing the data, by dividing total revenues by GDP, enables easy comparisons across countries, and provides an average rate at which all income (GDP) is paid to the national level government for the supply of public goods and services.
  • Oil > Proved reserves: This entry is the stock of proved reserves of crude oil in barrels (bbl). Proved reserves are those quantities of petroleum which, by analysis of geological and engineering data, can be estimated with a high degree of confidence to be commercially recoverable from a given date forward, from known reservoirs and under current economic conditions.
  • Natural gas > Production: This entry is the total natural gas produced in cubic meters (cu m). The discrepancy between the amount of natural gas produced and/or imported and the amount consumed and/or exported is due to the omission of stock changes and other complicating factors.
  • Oil > Consumption: This entry is the total oil consumed in barrels per day (bbl/day). The discrepancy between the amount of oil produced and/or imported and the amount consumed and/or exported is due to the omission of stock changes, refinery gains, and other complicating factors.
  • Electricity > Consumption: This entry consists of total electricity generated annually plus imports and minus exports, expressed in kilowatt-hours. The discrepancy between the amount of electricity generated and/or imported and the amount consumed and/or exported is accounted for as loss in transmission and distribution.
  • Budget > Expenditures > Per capita: Expenditures calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms Per capita figures expressed per 1 population.
  • GDP > Composition, by end use > Investment in inventories: This entry is derived from Economy > GDP > Composition, by end use, which shows who does the spending in an economy: consumers, businesses, government, and foreigners. The distribution gives the percentage contribution to total GDP of household consumption, government consumption, investment in fixed capital, investment in inventories, exports of goods and services, and imports of goods and services, and will total 100 percent of GDP if the data are complete.
    household consumption consists of expenditures by resident households, and by nonprofit institutions that serve households, on goods and services that are consumed by individuals. This includes consumption of both domestically produced and foreign goods and services.
    government consumption consists of government expenditures on goods and services. These figures exclude government transfer payments, such as interest on debt, unemployment, and social security, since such payments are not made in exchange for goods and services supplied.
    investment in fixed capital consists of total business spending on fixed assets, such as factories, machinery, equipment, dwellings, and inventories of raw materials, which provide the basis for future production. It is measured gross of the depreciation of the assets, i.e., it includes investment that merely replaces worn-out or scrapped capital. Earlier editions of The World Factbook referred to this concept as Investment (gross fixed) and that data now have been moved to this new field.
    investment in inventories consists of net changes to the stock of outputs that are still held by the units that produce them, awaiting further sale to an end user, such as automobiles sitting on a dealer’s lot or groceries on the store shelves. This figure may be positive or negative. If the stock of unsold output increases during the relevant time period, investment in inventories is positive, but, if the stock of unsold goods declines, it will be negative. Investment in inventories normally is an early indicator of the state of the economy. If the stock of unsold items increases unexpectedly – because people stop buying - the economy may be entering a recession; but if the stock of unsold items falls - and goods "go flying off the shelves" - businesses normally try to replace those stocks, and the economy is likely to accelerate.
    exports of goods and services consist of sales, barter, gifts, or grants of goods and services from residents to nonresidents.
    imports of goods and ...
    Full definition
  • Steel > Production: Production of crude steel in million tonnes.
  • Debt > External > Per $ GDP: Total public and private debt owed to non-residents repayable in foreign currency, goods, or services. Per $ GDP figures expressed per 1,000 $ gross domestic product.
  • Government > Revenue > Tax > Maximum tax rate for individuals: Individual (max).

    No date was available from the Wikipedia article, so we used the date of retrieval.

    Mexico had range specified: 29%-3%

  • Oil > Exports per thousand people: This entry is the total oil exported in barrels per day (bbl/day), including both crude oil and oil products.
    Additional details:
    • Bahamas, The: transshipments of 41,570 bbl/day (2007)
    • Bahamas, The: transshipments of 41,610 bbl/day (2009)
    . Figures expressed per thousand people for the same year.
  • Overall productivity > PPP: Estimates: GDP (PPP) per person employed, US$
  • Oil > Consumption per thousand people: This entry is the total oil consumed in barrels per day (bbl/day). The discrepancy between the amount of oil produced and/or imported and the amount consumed and/or exported is due to the omission of stock changes, refinery gains, and other complicating factors. Figures expressed per thousand people for the same year.
  • Budget > Revenues > Per $ GDP: Revenues calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms Per $ GDP figures expressed per 1 $ gross domestic product.
  • Labor force > By occupation > Industry: This entry is derived from Economy > Labor force > By occupation, which lists the percentage distribution of the labor force by sector of occupation. Agriculture includes farming, fishing, and forestry. Industry includes mining, manufacturing, energy production, and construction. Services cover government activities, communications, transportation, finance, and all other economic activities that do not produce material goods. The distribution will total less than 100 percent if the data are incomplete and may range from 99-101 percent due to rounding.
  • GDP > Composition, by end use > Investment in fixed capital: This entry is derived from Economy > GDP > Composition, by end use, which shows who does the spending in an economy: consumers, businesses, government, and foreigners. The distribution gives the percentage contribution to total GDP of household consumption, government consumption, investment in fixed capital, investment in inventories, exports of goods and services, and imports of goods and services, and will total 100 percent of GDP if the data are complete.
    household consumption consists of expenditures by resident households, and by nonprofit institutions that serve households, on goods and services that are consumed by individuals. This includes consumption of both domestically produced and foreign goods and services.
    government consumption consists of government expenditures on goods and services. These figures exclude government transfer payments, such as interest on debt, unemployment, and social security, since such payments are not made in exchange for goods and services supplied.
    investment in fixed capital consists of total business spending on fixed assets, such as factories, machinery, equipment, dwellings, and inventories of raw materials, which provide the basis for future production. It is measured gross of the depreciation of the assets, i.e., it includes investment that merely replaces worn-out or scrapped capital. Earlier editions of The World Factbook referred to this concept as Investment (gross fixed) and that data now have been moved to this new field.
    investment in inventories consists of net changes to the stock of outputs that are still held by the units that produce them, awaiting further sale to an end user, such as automobiles sitting on a dealer’s lot or groceries on the store shelves. This figure may be positive or negative. If the stock of unsold output increases during the relevant time period, investment in inventories is positive, but, if the stock of unsold goods declines, it will be negative. Investment in inventories normally is an early indicator of the state of the economy. If the stock of unsold items increases unexpectedly – because people stop buying - the economy may be entering a recession; but if the stock of unsold items falls - and goods "go flying off the shelves" - businesses normally try to replace those stocks, and the economy is likely to accelerate.
    exports of goods and services consist of sales, barter, gifts, or grants of goods and services from residents to nonresidents.
    imports of goods and ...
    Full definition
    .
  • Budget > Expenditures > Capital: This entry includes revenues, expenditures, and capital expenditures. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms.
  • Economic importance: Globalpolicy.org
  • Stock of direct foreign investment > At home per capita: This entry gives the cumulative US dollar value of all investments in the home country made directly by residents - primarily companies - of other countries as of the end of the time period indicated. Direct investment excludes investment through purchase of shares. Figures expressed per capita for the same year.
  • Electricity > Production: This entry is the annual electricity generated expressed in kilowatt-hours. The discrepancy between the amount of electricity generated and/or imported and the amount consumed and/or exported is accounted for as loss in transmission and distribution.
  • GDP growth > Duration 1980-2000: Gross domestic product GDP growth rate from 1980 to 2000
  • Oil > Production per thousand people: This entry is the total oil produced in barrels per day (bbl/day). The discrepancy between the amount of oil produced and/or imported and the amount consumed and/or exported is due to the omission of stock changes, refinery gains, and other complicating factors. Figures expressed per thousand people for the same year.
  • Imports > Partners: This entry provides a rank ordering of trading partners starting with the most important; it sometimes includes the percent of total dollar value.
  • Oil > Imports per thousand people: This entry is the total oil imported in barrels per day (bbl/day), including both crude oil and oil products. Figures expressed per thousand people for the same year.
  • Oil > Imports: This entry is the total oil imported in barrels per day (bbl/day), including both crude oil and oil products.
  • Trade balance with US: In US dollars. Jan 2003 - March 2003
  • Natural gas > Proved reserves per capita: This entry is the stock of proved reserves of natural gas in cubic meters (cu m). Proved reserves are those quantities of natural gas, which, by analysis of geological and engineering data, can be estimated with a high degree of confidence to be commercially recoverable from a given date forward, from known reservoirs and under current economic conditions. Figures expressed per capita for the same year.
  • Natural gas > Proved reserves: This entry is the stock of proved reserves of natural gas in cubic meters (cu m). Proved reserves are those quantities of natural gas, which, by analysis of geological and engineering data, can be estimated with a high degree of confidence to be commercially recoverable from a given date forward, from known reservoirs and under current economic conditions.
  • Natural gas > Consumption: This entry is the total natural gas consumed in cubic meters (cu m). The discrepancy between the amount of natural gas produced and/or imported and the amount consumed and/or exported is due to the omission of stock changes and other complicating factors.
  • Trade > Exports > Per $ GDP: The total US dollar amount of exports on an f.o.b. (free on board) basis. Per $ GDP figures expressed per 1 $ gross domestic product.
STAT India Taiwan HISTORY
Budget > Revenues $172.10 billion
Ranked 23th. 2 times more than Taiwan
$78.38 billion
Ranked 39th.

Budget surplus > + or deficit > - -5% of GDP
Ranked 143th. 92% more than Taiwan
-2.6% of GDP
Ranked 84th.

Debt > Government debt > Public debt, share of GDP 49.6 CIA
Ranked 64th. 38% more than Taiwan
36 CIA
Ranked 99th.
Distribution of family income > Gini index 36.8
Ranked 6th. 8% more than Taiwan
34.2
Ranked 9th.

Overview India is developing into an open-market economy, yet traces of its past autarkic policies remain. Economic liberalization measures, including industrial deregulation, privatization of state-owned enterprises, and reduced controls on foreign trade and investment, began in the early 1990s and have served to accelerate the country's growth, which averaged under 7% per year since 1997. India's diverse economy encompasses traditional village farming, modern agriculture, handicrafts, a wide range of modern industries, and a multitude of services. Slightly more than half of the work force is in agriculture, but services are the major source of economic growth, accounting for nearly two-thirds of India's output, with less than one-third of its labor force. India has capitalized on its large educated English-speaking population to become a major exporter of information technology services, business outsourcing services, and software workers. In 2010, the Indian economy rebounded robustly from the global financial crisis - in large part because of strong domestic demand - and growth exceeded 8% year-on-year in real terms. However, India's economic growth began slowing in 2011 because of a slowdown in government spending and a decline in investment, caused by investor pessimism about the government's commitment to further economic reforms and about the global situation. High international crude prices have exacerbated the government's fuel subsidy expenditures, contributing to a higher fiscal deficit and a worsening current account deficit. In late 2012, the Indian Government announced additional reforms and deficit reduction measures to reverse India's slowdown, including allowing higher levels of foreign participation in direct investment in the economy. The outlook for India's medium-term growth is positive due to a young population and corresponding low dependency ratio, healthy savings and investment rates, and increasing integration into the global economy. India has many long-term challenges that it has yet to fully address, including poverty, corruption, violence and discrimination against women and girls, an inefficient power generation and distribution system, ineffective enforcement of intellectual property rights, decades-long civil litigation dockets, inadequate transport and agricultural infrastructure, limited non-agricultural employment opportunities, inadequate availability of quality basic and higher education, and accommodating rural-to-urban migration. Taiwan has a dynamic capitalist economy with gradually decreasing government guidance of investment and foreign trade. Exports, led by electronics, machinery, and petrochemicals have provided the primary impetus for economic development. This heavy dependence on exports exposes the economy to fluctuations in world demand. In 2009, Taiwan's GDP contracted 1.8%, due primarily to a 13.1% year-on-year decline in exports. In 2010 GDP grew 10.7%, as exports returned to the level of previous years, and in 2011, grew 4.0%. In 2012, however, growth fell to 1.3%, because of softening global demand. Taiwan's diplomatic isolation, low birth rate, and rapidly aging population are major long-term challenges. Free trade agreements have proliferated in East Asia over the past several years, but except for the landmark Economic Cooperation Framework Agreement (ECFA) signed with China in June 2010, so far Taiwan has been excluded from this greater economic integration in part because of its diplomatic status. Negotiations continue on such follow-on components of ECFA regarding trade in goods and services. The MA administration has said that the ECFA will serve as a stepping stone toward trade pacts with other key trade partners, which Taiwan subsequently launched with Singapore and New Zealand. Taiwan's Total Fertility rate of just over one child per woman is among the lowest in the world, raising the prospect of future labor shortages, falling domestic demand, and declining tax revenues. Taiwan's population is aging quickly, with the number of people over 65 accounting for 11.2% of the island's total population as of 2012. The island runs a large trade surplus largely because of its surplus with China, and its foreign reserves are the world's fifth largest, behind China, Japan, Saudi Arabia, and Russia. In 2006 China overtook the US to become Taiwan's second-largest source of imports after Japan. China is also the island's number one destination for foreign direct investment. Three financial memorandums of understanding, covering banking, securities, and insurance, took effect in mid-January 2010, opening the island to greater investments from the mainland's financial firms and institutional investors, and providing new opportunities for Taiwan financial firms to operate in China. In August 2012, Taiwan Central Bank signed a memorandum of understanding on cross-Strait currency settlement with its Chinese counterpart. The MOU allows for the direct settlement of Chinese RMB and the New Taiwan dollar across the Strait, which could help develop Taiwan into a local RMB hub. Closer economic links with the mainland bring greater opportunities for the Taiwan economy, but also poses new challenges as the island becomes more economically dependent on China while political differences remain unresolved.
Exports $301.90 billion
Ranked 19th. 1% more than Taiwan
$299.80 billion
Ranked 20th.

Exports per capita $244.12
Ranked 148th.
$12,902.98
Ranked 26th. 53 times more than India

GDP > Composition, by sector of origin > Services 65%
Ranked 74th.
68.2%
Ranked 61st. 5% more than India
GDP > Per capita $2,625.09 per capita
Ranked 130th.
$30,561.44 per capita
Ranked 28th. 12 times more than India

GDP > Per capita > PPP $3,800.00
Ranked 132nd.
$38,400.00
Ranked 18th. 10 times more than India

GDP > Purchasing power parity $4.72 trillion
Ranked 3rd. 5 times more than Taiwan
$894.30 billion
Ranked 19th.

Inflation rate > Consumer prices 9.7%
Ranked 25th. 5 times more than Taiwan
1.9%
Ranked 166th.

Population below poverty line 29.8%
Ranked 19th. 20 times more than Taiwan
1.5%
Ranked 17th.

Public debt 51.7% of GDP
Ranked 61st. 44% more than Taiwan
35.8% of GDP
Ranked 102nd.

Unemployment rate 8.5%
Ranked 46th. 2 times more than Taiwan
4.2%
Ranked 96th.

Fiscal year 1 calendar year
GDP > Composition by sector > Industry 18%
Ranked 169th.
29.6%
Ranked 81st. 64% more than India

Imports per capita $407.14
Ranked 154th.
$11,568.79
Ranked 30th. 28 times more than India

GDP per capita in 1950 $597.00
Ranked 46th.
$922.00
Ranked 38th. 54% more than India
Technology index 3.72
Ranked 61st.
6.04
Ranked 2nd. 62% more than India
Population below poverty line > Per capita 0.022% per 1 million people
Ranked 26th.
0.042% per 1 million people
Ranked 25th. 91% more than India

GDP > Per capita > PPP per thousand people $0.00
Ranked 185th.
$1.65
Ranked 84th. 538 times more than India

Exports > Commodities petroleum products, precious stones, machinery, iron and steel, chemicals, vehicles, apparel electronics, flat panels, machinery; metals; textiles, plastics, chemicals; optical, photographic, measuring, and medical instruments
Imports $503.50 billion
Ranked 8th. 87% more than Taiwan
$268.80 billion
Ranked 19th.

Budget > Expenditures $263.80 billion
Ranked 17th. 3 times more than Taiwan
$90.42 billion
Ranked 37th.

Budget > Revenues > Per capita $124.97 per capita
Ranked 133th.
$3,333.50 per capita
Ranked 48th. 27 times more than India

Exports > Main exports Agricultural products, textile goods, gems and jewellery, software services and technology, engineering goods, chemicals, leather products Electronics, machinery, optical instruments, chemicals, iron and steel articles and information communications technology products
Debt > External $378.90 billion
Ranked 27th. 3 times more than Taiwan
$130.80 billion
Ranked 40th.

Central bank discount rate 5.5%
Ranked 57th. 3 times more than Taiwan
1.88%
Ranked 34th.

Debt > External > Per capita $146.39 per capita
Ranked 121st.
$4,280.61 per capita
Ranked 43th. 29 times more than India

GDP > Composition by sector > Services 65%
Ranked 4th.
68.6%
Ranked 54th. 6% more than India

GDP > Composition by sector > Agriculture 17%
Ranked 60th. 9 times more than Taiwan
1.8%
Ranked 182nd.

Industries textiles, chemicals, food processing, steel, transportation equipment, cement, mining, petroleum, machinery, software, pharmaceuticals electronics, communications and information technology products, petroleum refining, armaments, chemicals, textiles, iron and steel, machinery, cement, food processing, vehicles, consumer products, pharmaceuticals
GDP > Composition, by end use > Imports of goods and services -25.6%
Ranked 23th.
-66%
Ranked 140th. 3 times more than India
GDP per capita in 1973 $853.00
Ranked 47th.
$3,669.00
Ranked 31st. 4 times more than India
Labor force 482
Ranked 18th. 44 times more than Taiwan
11
Ranked 122nd.

GDP per capita in 1900 $625.00
Ranked 36th.
$759.00
Ranked 30th. 21% more than India
Trade > With US > US imports of bauxite and aluminum 12,597
Ranked 31st. 2 times more than Taiwan
5,512
Ranked 40th.
GDP > Real growth rate 3.2%
Ranked 96th. 2 times more than Taiwan
1.3%
Ranked 138th.

Debt > Government debt > Gross government debt, share of GDP 66.84 IMF
Ranked 43th. 63% more than Taiwan
40.94 IMF
Ranked 94th.
Economic freedom 55.2
Ranked 119th.
72.7
Ranked 20th. 32% more than India

Stock of direct foreign investment > At home $225.10 billion
Ranked 23th. 4 times more than Taiwan
$59.36 billion
Ranked 50th.

Current account balance $-91,470,000,000.00
Ranked 178th.
$49.92 billion
Ranked 13th.

Agriculture > Products rice, wheat, oilseed, cotton, jute, tea, sugarcane, lentils, onions, potatoes; dairy products, sheep, goats, poultry; fish rice, vegetables, fruit, tea, flowers; pigs, poultry; fish
Currency Indian rupee New Taiwan dollar
GDP > Purchasing power parity > Per capita $2,625.09 per capita
Ranked 130th.
$30,561.44 per capita
Ranked 28th. 12 times more than India

Business > Companies > Corporate governance (overall rating) 4.54
Ranked 20th. 18% more than Taiwan
3.84
Ranked 31st.
Gross national saving 28.8% of GDP
Ranked 31st.
30.3% of GDP
Ranked 25th. 5% more than India

Stock of broad money None None
Exchange rates Indian rupees (INR) per US dollar -<br />53.44 (2012 est.)<br />46.67 (2011 est.)<br />45.73 (2010 est.)<br />48.41 (2009)<br />43.32 (2008) New Taiwan dollars (TWD) per US dollar -<br />29.62 (2012 est.)<br />29.47 (2011 est.)<br />31.65 (2010 est.)<br />33.06 (2009)<br />31.53 (2008)
Size of economy > Share of world GDP 1.45%
Ranked 11th. 73 times more than Taiwan
0.02%
Ranked 105th.
Exports > Partners UAE 12.3%, US 12.2%, China 5%, Singapore 4.9%, Hong Kong 4.1% China 27.1%, Hong Kong 13.2%, US 10.3%, Japan 6.4%, Singapore 4.4%
GDP > Official exchange rate $1.82 trillion
Ranked 10th. 4 times more than Taiwan
$467.70 billion
Ranked 27th.

Investment > Gross fixed 30% of GDP
Ranked 18th. 49% more than Taiwan
20.1% of GDP
Ranked 91st.

Stock of narrow money None None
GDP > Composition, by sector of origin > Industry 17.6%
Ranked 172nd.
29.8%
Ranked 79th. 69% more than India
GDP > Composition, by sector of origin > Agriculture 17.4%
Ranked 55th. 9 times more than Taiwan
2%
Ranked 177th.
Investment > External financial assets per capita €854.36
Ranked 52nd.
€75,709.08
Ranked 13th. 89 times more than India

Reserves of foreign exchange and gold $297.80 billion
Ranked 10th.
$408.50 billion
Ranked 6th. 37% more than India

GDP > Composition, by end use > Household consumption 56.8%
Ranked 133th.
60.3%
Ranked 114th. 6% more than India
GDP > CIA Factbook $3.03 trillion
Ranked 4th. 6 times more than Taiwan
$528.60 billion
Ranked 17th.

Investment > External financial assets €1.04 trillion
Ranked 16th.
€1.76 trillion
Ranked 11th. 69% more than India

Trade > Exports to US $3.23 billion
Ranked 18th.
$7.41 billion
Ranked 8th. 2 times more than India
Industrial production growth rate 1.2%
Ranked 114th. 33% more than Taiwan
0.9%
Ranked 117th.

Labor force > By occupation > Agriculture 53%
Ranked 46th. 11 times more than Taiwan
5%
Ranked 144th.

Labor force > By occupation > Services 28%
Ranked 24th.
58.8%
Ranked 12th. 2 times more than India

Industrial > Production growth rate 9.7%
Ranked 21st.
26.4%
Ranked 2nd. 3 times more than India

Debt > Interest rates > Central bank discount rate 7.5%
Ranked 48th. 5 times more than Taiwan
1.5%
Ranked 84th.
Business > Companies > Specific companies > IKEA > Debut 0.0
Ranked 43th.
1,994
Ranked 23th.

Commercial bank prime lending rate 10.63%
Ranked 81st. 4 times more than Taiwan
2.88%
Ranked 173th.

Trade > Imports $327.00 billion
Ranked 12th. 30% more than Taiwan
$251.40 billion
Ranked 17th.

Oil > Exports 825,600 bbl/day
Ranked 21st. 3 times more than Taiwan
303,000 bbl/day
Ranked 2nd.

GDP > Composition, by end use > Exports of goods and services 23.8%
Ranked 158th.
73.6%
Ranked 31st. 3 times more than India
Oil > Production 954,000 bbl/day
Ranked 23th. 36 times more than Taiwan
26,680 bbl/day
Ranked 72nd.

GDP > CIA Factbook > Per capita $2,849.49 per capita
Ranked 114th.
$23,386.28 per capita
Ranked 24th. 8 times more than India
GDP > Composition, by end use > Government consumption 11.9%
Ranked 143th.
12.4%
Ranked 138th. 4% more than India
GDP > Per $ GDP $2,625.09 per $1 of GDP
Ranked 130th.
$30,561.44 per $1 of GDP
Ranked 28th. 12 times more than India

Entrepreneurship > Starting a Business > Index ranking 90
Ranked 65th. 14% more than Taiwan
79
Ranked 76th.
Trade > Exports $201.00 billion
Ranked 22nd.
$274.60 billion
Ranked 16th. 37% more than India

Entrepreneurship > Hiring and Firing > Index ranking 116
Ranked 38th. 7% more than Taiwan
108
Ranked 46th.
Imports > Commodities crude oil, precious stones, machinery, fertilizer, iron and steel, chemicals electronics, machinery, crude petroleum, precision instruments, organic chemicals, metals
Labor force per thousand people 0.000395
Ranked 162nd.
0.000472
Ranked 120th. 20% more than India

Business > Companies > Specific companies > Carrefour > First store 2,010
Ranked 3rd. 1% more than Taiwan
1,989
Ranked 22nd.
Business efficiency 59.05
Ranked 33th.
78.32
Ranked 11th. 33% more than India
GDP > Median household income (PPP) $3,865.00
Ranked 104th.
$39,970.00
Ranked 19th. 10 times more than India
Public institution index 4.45
Ranked 52nd.
5.56
Ranked 27th. 25% more than India
Currency > Monetary unit 1 Indian Rupee = 100 paise New Taiwan dollar (NT$)
Budget > Expenditures > Per $ GDP $0.14 per $1 of GDP
Ranked 133th. 8% more than Taiwan
$0.13 per $1 of GDP
Ranked 152nd.

Taxes and other revenues 9.5% of GDP
Ranked 179th.
16.8% of GDP
Ranked 159th. 77% more than India

Oil > Proved reserves 5.68 billion bbl
Ranked 21st. 2387 times more than Taiwan
2.38 million bbl
Ranked 90th.

Natural gas > Production 52.8 billion cu m
Ranked 14th. 170 times more than Taiwan
310 million cu m
Ranked 63th.

Oil > Consumption 3.18 million bbl/day
Ranked 4th. 3 times more than Taiwan
1 million bbl/day
Ranked 20th.

Electricity > Consumption 600.6 billion kWh
Ranked 5th. 3 times more than Taiwan
220.8 billion kWh
Ranked 5th.

Budget > Expenditures > Per capita $152.76 per capita
Ranked 130th.
$3,309.44 per capita
Ranked 47th. 22 times more than India

GDP > Composition, by end use > Investment in inventories 3.5%
Ranked 15th. 18 times more than Taiwan
0.2%
Ranked 105th.
Steel > Production 56.6 million tonnes
Ranked 6th. 4 times more than Taiwan
15.7 million tonnes
Ranked 13th.

Debt > External > Per $ GDP $144.66 per $1,000 of GDP
Ranked 111th. 43% more than Taiwan
$101.10 per $1,000 of GDP
Ranked 114th.

Government > Revenue > Tax > Maximum tax rate for individuals 0.0
Ranked 26th.
6%
Ranked 13th.
Stock of direct foreign investment > Abroad $118.10 billion
Ranked 28th.
$226.10 billion
Ranked 23th. 91% more than India

Oil > Exports per thousand people 0.694 bbl/day
Ranked 96th.
13.16 bbl/day
Ranked 2nd. 19 times more than India
Overall productivity > PPP $7,279.30
Ranked 2nd.
$54,217.30
Ranked 15th. 7 times more than India
Oil > Consumption per thousand people 2.64 bbl/day
Ranked 167th.
43.52 bbl/day
Ranked 37th. 16 times more than India
Budget > Revenues > Per $ GDP $0.11 per $1 of GDP
Ranked 135th. The same as Taiwan
$0.11 per $1 of GDP
Ranked 151st.

Labor force > By occupation > Industry 19%
Ranked 89th.
36.2%
Ranked 11th. 91% more than India

GDP > Composition, by end use > Investment in fixed capital 29.6%
Ranked 37th. 51% more than Taiwan
19.6%
Ranked 120th.
Budget > Expenditures > Capital $15.00 billion
Ranked 3rd. 4% more than Taiwan
$14.40 billion
Ranked 4th.

Economic importance 2.1
Ranked 25th.
3.9
Ranked 16th. 86% more than India
Stock of direct foreign investment > At home per capita $182.02
Ranked 94th.
$2,554.77
Ranked 59th. 14 times more than India

Electricity > Production 835.3 billion kWh
Ranked 5th. 4 times more than Taiwan
229.1 billion kWh
Ranked 16th.

GDP growth > Duration 1980-2000 105%
Ranked 11th.
210%
Ranked 2nd. Twice as much as India
Oil > Production per thousand people 0.791 bbl/day
Ranked 84th.
1.16 bbl/day
Ranked 78th. 46% more than India
Imports > Partners China 10.7%, UAE 7.8%, Saudi Arabia 6.8%, Switzerland 6.2%, US 5.1% Japan 17.6%, China 16.1%, US 9.5%
Oil > Imports per thousand people 2.57 bbl/day
Ranked 131st.
38.06 bbl/day
Ranked 2nd. 15 times more than India
Oil > Imports 3.06 million bbl/day
Ranked 5th. 3 times more than Taiwan
876,300 bbl/day
Ranked 1st.

Market value of publicly traded shares $1.01 trillion
Ranked 11th. 22% more than Taiwan
$831.90 billion
Ranked 7th.

Trade balance with US $-2,073,000,000.00
Ranked 209th.
$-3,563,100,000.00
Ranked 217th. 72% more than India
Natural gas > Proved reserves per capita 879.49 cu m
Ranked 76th. 3 times more than Taiwan
269.98 cu m
Ranked 87th.

Natural gas > Proved reserves 1.07 trillion cu m
Ranked 24th. 172 times more than Taiwan
6.23 billion cu m
Ranked 82nd.

Natural gas > Consumption 64.95 billion cu m
Ranked 11th. 5 times more than Taiwan
12.1 billion cu m
Ranked 36th.

External debt > Date of information 30 June 2006 est. 2006 est.
Trade > Exports > Per $ GDP $0.14 per $1 of GDP
Ranked 137th.
$0.27 per $1 of GDP
Ranked 76th. Twice as much as India

SOURCES: CIA World Factbooks 18 December 2003 to 28 March 2011; CIA World Factbooks 2010, 2011, 2012, 2013; Wikipedia: List of countries by public debt (List) (Public debt , The World Factbook , United States Central Intelligence Agency , accessed on March 21, 2013.); CIA World Factbooks 2010, 2011, 2012, 2013. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; CIA World Factbook 2010, 2011, 2012, 2013; CIA World Factbooks 18 December 2003 to 28 March 2011; All CIA World Factbooks 18 December 2003 to 18 December 2008; Angus Maddison; World economic forum - Global Competitiveness Report 2004-2005; CIA World Factbook 2010, 2011, 2012, 2013. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; British Broadcasting Corporation 2014; Angus Maddison; FTDWebMaster, Foreign Trade Division, U.S. Census Bureau; Wikipedia: List of countries by public debt (List); The Heritage Foundation; Wikipedia: List of countries by corporate governance; Wikipedia: World distribution of wealth (North America); Wikipedia: List of sovereign states by external assets. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; https://www.allianz.com/v_1380187782000/media/economic_research/publications/specials/en/AGWR2013e.pdf, August 2013, p. 115.; US Census Bureau; Wikipedia: List of countries by central bank interest rates (https://www.cia.gov/library/publications/the-world-factbook/rankorder/2207rank.html http://www.worldinterestrates.info/ http://www.forexmotion.com/index.php/en/exchange-rates.html); Wikipedia: List of countries with IKEA stores; Doing Business, Economy Rankings, 2005.; Wikipedia: Carrefour (Europe); IMD International, 2005; Wikipedia: Median household income (International statistics) (http://data.worldbank.org/indicator/PA.NUS.PPPC.RF?order=wbapi_data_value_2012+wbapi_data_value+wbapi_data_value-last&sort=desc); World economic forum - Global Competitiveness Report 2004-2005; World Steel Association: World Crude Steel Production; Wikipedia: List of countries by tax rates (Countries); IMD International; Economic Importance, 1998 (GDP x PC Inc) figures in quadrillion people dollars; Per Capita GDP Growth IMF; Wikipedia: List of countries by external debt

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