Economy of Taiwan

Economy of Taiwan
Currency	New Taiwan dollar (NT$) 1 $ USD = 32.84 TWD (2007 avg. exchange rate)
Fiscal year	Calendar year
Trade organisations	WTO, APEC, and others (as Separate Customs Territory of Taiwan, Penghu, Kinmen and Matsu)
Statistics
GDP	Nominal: $423.0 billion Nominal rank: 23rd (2010) PPP: $810.5 billion PPP rank: 19th (2010)
GDP growth	10.5% (2010)[1]
GDP per capita	Nominal: $16.372 (2009) Nominal rank: 37th; $18,300 (2010 IMF estimate) PPP: $31,776 (2009) PPP rank: 24th; $34,740 (2010 IMF estimate, 21st)
GDP by sector	(2009) services (tertiary) (69.2%) industry (secondary) (29.2%) agriculture (primary) (1.6%)
Inflation (CPI)	-0.87% (2009)[2]
Population below poverty line	1.08% (2008)
Labour force	10.92 million (2009)
Labour force by occupation	agriculture (5.1%), industry (36.8%), services (58%) (2008)
Main industries	Electronics, communications and information technology products, petroleum refining, armaments, chemicals, textiles, iron and steel, machinery, cement, food processing, vehicles, consumer products, pharmaceuticals Agricultural: Rice, corn, vegetables, fruit, tea; pigs, poultry, beef, milk; fish Natural: Small deposits of coal, natural gas, limestone, marble, and asbestos
External
Exports	$203.6 billion (2009)[2]
Export goods	Electronics, flat panels, machinery; metals; textiles, plastics, chemicals; optical, photographic, measuring, and medical instruments (2009)
Main export partners	China 26.64%, Hong Kong 14.46%, US 11.59%, Japan 7.12%, Singapore 4.23% (2009)
Imports	$174.3 billion (2009)[2]
Import goods	Electronics, machinery, crude petroleum, precision instruments, organic chemicals, metals (2009)
Main import partners	Japan 20.77%, China 14.01%, US 10.49%, South Korea 6.03%, Saudi Arabia 4.97% (2009)
FDI stock	21.2% of GDP (gross fixed; 2007) $92.83 billion (at home; 2006) $108.9 billion (abroad; 2006)
Gross external debt	$75.3 billion (2009)
Public finances
Public debt	33% of GDP (2009)
Revenues	$53.3 billion (2009)
Expenses	$57.2 billion (2009)
Credit rating	Standard & Poor's:[3] AA- (Domestic) AA- (Foreign) AA+ (T&C Assessment) Outlook: Stable[4] Moody's:[4] Aa3 Outlook: Stable Fitch:[4] A+ Outlook: Stable