The Ministry of Economic Affairs of Taiwan said that due to the advantages of semiconductors and the depreciation of the Han Dynasty, Taiwan's per capita GDP (GDP) surpassed South Korea in 2022.In 2022, Taiwan's per capita GDP was US $ 3811 (about S $ 43,811) and surpassed US $ 32,237.
Comprehensive Taiwan Economic Daily and the Central News Agency reported that the Taiwan Economic Ministry of Economic Affairs announced on Friday (April 28) that the current economic situation states that the economic development model of Taiwan and South Korea is very similar to the industrial structure. In recent years, Taiwan's economic growth rate is rapid.In the past 10 years, an average annual economic growth has grown 3.2%, which is better than 2.6%of South Korea.
The Ministry of Economic Affairs of Taiwan said that Taiwan and South Korea are mainly exported, and the manufacturing industry has played a pivotal role, but in recent years, the development trend is the opposite.The added value of Taiwan's manufacturing industry accounted for GDP from 29.1%in 2013 to 34.2%in 2022, an increase of 5.1 percentage points, and South Korea decreased from 27.8%to 25.6%, a decrease of 2.2 percentage points.
Broken manufacturing analysis, Taiwan is mainly concentrated in the electronics and precision instrument industry. In 2021, it accounted for 54.8%of the manufacturing industry, an increase of 9.4 percentage points from 2013.The overall manufacturing industry is 5.5%.
South Korea also takes the electronics and precision instrument industry as the largest, but it accounts for relatively low, the industrial distribution is relatively scattered, and the overall manufacturing industry has increased by an average of 2.8%in 10 years, which is lower than 5.5%of Taiwan.
In addition, the added value rate of Taiwan's manufacturing industry has surpassed South Korea since 2015, reaching 32.5%in 2020, a new high of the year, which is 28.7%higher than South Korea; Taiwan's fixed investment in 2013 to 2022 averageIt grows 5.7%each year, and is also better than 2.8%of South Korea.
The Ministry of Economic Affairs of Taiwan pointed out that under the impact of the Sino -US trade war and crown disease in the past five years, Taiwan has promoted Taiwanese businessmen to invest back to Taiwan to enhance industrial competitiveness. In the past 10 years, Taiwan export growth has increased by 4.6%It is better than 2.2%of South Korea and 3%higher than the world.
In 2022, Taiwan benefited from semiconductors has the leading process advantage, driving the industrial chain demand to prosper, and maintained exports exceeding 51.4 billion U.S. dollars;Income 47.8 billion US dollars.
