Taiwan’s economy has achieved a significant milestone, surpassing South Korea’s in per capita GDP this year, a development largely driven by the robust global demand for semiconductors. The island nation’s economic success underscores its increasingly crucial role in the global technology supply chain and marks the first time in over two decades it has topped its regional neighbor in this key metric. Projections from the International Monetary Fund suggest continued growth, with Taiwan’s per capita GDP expected to reach $37,827 in 2025.
2025/12/24 15:03（12/24 15:18 更新）
Taiwan’s economy has surpassed South Korea’s in terms of per capita gross domestic product (GDP) this year, fueled by strong global demand for advanced semiconductors. The development highlights Taiwan’s growing economic strength in the global tech landscape.
Per capita GDP, calculated by dividing a country’s GDP by its total population, is a common metric used by economists to compare average wealth levels. Higher figures generally indicate greater access to goods and services and a potentially improved quality of life, though economists caution against relying on it as an absolute measure.
Taiwan now ranks fourth in Asia for per capita GDP, trailing only Singapore, Macau, and Hong Kong. This marks the first time in 23 years that Taiwan has exceeded South Korea in this ranking, and according to independent news website Newsweek, Taiwan’s per capita GDP also exceeds that of Japan, having surpassed the world’s second-largest Asian economy for the first time last year.
The International Monetary Fund (IMF) projects Taiwan’s per capita GDP to reach $37,827 in 2025, benefiting from continued economic growth. National Development Council Chairperson Yeh Chun-hsiang attributes the increase to the strong performance of Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest contract chipmaker, and the expansion of industries reliant on semiconductors, such as artificial intelligence (AI).
Brunei holds the seventh position, largely due to its revenue from oil and natural gas, coupled with a relatively small population of 466,000. Malaysia, China, and Thailand round out the top ten, ranking eighth, ninth, and tenth respectively.
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