Macro-economic Data

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A. Demography and Macroeconomy

A.1 Population
VariableEnd of 2015End of 2014End of 2013SourcesVar ID
Total population23.49 million23.43 million23.37 millionA.1.1
Average household size3.103.153.21A.1.3
Urban population (% of total)76.9% of totalNot availableNot availableA.1.4
A.2 Economy
VariableEnd of 2015End of 2014End of 2013SourcesVar ID
GDP, current prices (U.S. dollars)523,581 USD (millions)530,038 USD (millions)511,599 USD (millions)
WEO
A.2.1
GDP based on PPP valuation of country GDP (Current international dollar)1,099,030 USD (millions)1,080,074 USD (millions)1,022,486 USD (millions)
WEO
A.2.2
GDP per capita, current prices (U.S. dollars)22,287.56 USD 22,618.59 USD 21,887.99 USD
WEO
A.2.3
GDP based on PPP per capita GDP (Current international dollar)46,783 USD 46,090.53 USD 43,745.48 USD
WEO
A.2.4
GDP, constant prices (Percent change).75%3.93%2.2%
WEO
A.2.5
Inflation, end of period consumer prices (Percent change).14%.6%.34%
WEO
A.2.6
GDP, deflator (Index)106.88103.75102.02
WEO
A.2.7
GINI Index Not availableNot available
 
A.2.9
Median national annual household income 26,397.07 USD 27,606.17 USD A.2.10
Growth in urban household income (%/year)A.2.13
Employment (% of total laborforce)A.2.14
Unemployed 3.79%4.08%A.2.14.3
Interest Rates:A.2.15
Central bank lending/discount rate 1.88%1.88%A.2.15.1
Yield on 3 months treasury bills .5%Not available
Investing.com, maturity_to=290
A.2.15.2
Yield on 10-year Government bond 1.6%1.46%A.2.15.3
Average bank deposit rate1.21%1.36%1.36%A.2.15.4
Lending rate2.82%2.89%2.89%A.2.15.5
B. Housing Market
B.1 Housing Stock: Production, Transactions
VariableEnd of 2015End of 2014End of 2013SourcesVar ID
Number of dwelling units:B.1.1
Total  8.12 millionB.1.1.1
Percentage of vacant units  19.21% of totalB.1.2
Characteristics of housing stock:B.1.3
Average dwelling unit size-existing 145.75 sq.mt143.77 sq.mtB.1.3.1
% of substandard dwelling units  .45% of totalB.1.3.2
Tenure in urban areas (%):B.1.4
Owner-occupied units84.43% of total84.01% of total85.3% of total
National Statistics Republic of China, Taiwan
B.1.4.1
Public / social rental units  .36% of totalB.1.4.4
Estimated Number of units completed/yearB.1.5
Number of recorded urban housing transactions/year290000  B.1.6
B.2 Housing Prices and Cost for Urban Areas or Capital City
VariableEnd of 2015End of 2014End of 2013SourcesVar ID
Median urban house price in USD:B.2.1
Median house price to median annual HH income:B.2.2
Urban8.51  B.2.2.1
Capital city15.75  B.2.2.2
Annual average % change in median house prices:B.2.3
Yearly Rate.53%  B.2.3.1
M2 construction cost for median quality houseB.2.4


back to top | Country Data:
Notes: 1 ping = 3.305 sq.mt
Notes: Building tax - annual tax of 1.2-2% of current value for residential properties Land value tax - land for residential use is taxed at a flat rate of 0.2%
Notes: Deed tax is applied on any transfer of a title, paid by the purchaser of the property. Exempt when LVIT applied (see capital gains tax comment). Current form of deed tax has been around since 1952.
Notes: Deed tax is applied on any transfer of a title, paid by the purchaser of the property. Exempt when LVIT applied (see capital gains tax comment). Current form of deed tax has been around since 1952.
Notes: Deed tax is applied on any transfer of a title, paid by the purchaser of the property. Exempt when LVIT applied (see capital gains tax comment). Current form of deed tax has been around since 1952.
Notes: Deed tax is applied on any transfer of a title, paid by the purchaser of the property. Exempt when LVIT applied (see capital gains tax comment). Current form of deed tax has been around since 1952.
Notes: Deed tax is applied on any transfer of a title, paid by the purchaser of the property. Exempt when LVIT applied (see capital gains tax comment). Current form of deed tax has been around since 1952.
Notes: Deed tax is applied on any transfer of a title, paid by the purchaser of the property. Exempt when LVIT applied (see capital gains tax comment). Current form of deed tax has been around since 1952.
Notes: Deed tax is applied on any transfer of a title, paid by the purchaser of the property. Exempt when LVIT applied (see capital gains tax comment). Current form of deed tax has been around since 1952.
Notes: Deed tax is applied on any transfer of a title, paid by the purchaser of the property. Exempt when LVIT applied (see capital gains tax comment). Current form of deed tax has been around since 1952.
Notes: Deed tax is applied on any transfer of a title, paid by the purchaser of the property. Exempt when LVIT applied (see capital gains tax comment). Current form of deed tax has been around since 1952.
Notes: Deed tax is applied on any transfer of a title, paid by the purchaser of the property. Exempt when LVIT applied (see capital gains tax comment). Current form of deed tax has been around since 1952.
Notes: Deed tax is applied on any transfer of a title, paid by the purchaser of the property. Exempt when LVIT applied (see capital gains tax comment). Current form of deed tax has been around since 1952.
Notes: Deed tax is applied on any transfer of a title, paid by the purchaser of the property. Exempt when LVIT applied (see capital gains tax comment). Current form of deed tax has been around since 1952.
Notes: Deed tax is applied on any transfer of a title, paid by the purchaser of the property. Exempt when LVIT applied (see capital gains tax comment). Current form of deed tax has been around since 1952.
Notes: Deed tax is applied on any transfer of a title, paid by the purchaser of the property. Exempt when LVIT applied (see capital gains tax comment). Current form of deed tax has been around since 1952.
Notes: Deed tax is applied on any transfer of a title, paid by the purchaser of the property. Exempt when LVIT applied (see capital gains tax comment). Current form of deed tax has been around since 1952.
Notes: Deed tax is applied on any transfer of a title, paid by the purchaser of the property. Exempt when LVIT applied (see capital gains tax comment). Current form of deed tax has been around since 1952.
Notes: Gains on sales of property are subject to the nation's progressive income tax Gains on sales of land are taxed under Land Value Increment Tax (LVIT) which varies from 20-40%
Notes: LTV ratio capped at 60% in June 2010 until significant amendment in August 2015 exempted certain metro areas. March 2016 the entire LTV cap was repealed. LTV ratio cap on very high value properties of 50% implemented in June 2010 changed to 60% in 2015--left unchanged in 2016.
Notes: LTV ratio capped at 60% in June 2010 until significant amendment in August 2015 exempted certain metro areas. March 2016 the entire LTV cap was repealed. LTV ratio cap on very high value properties of 50% implemented in June 2010 changed to 60% in 2015--left unchanged in 2016.
Notes: LTV ratio capped at 60% in June 2010 until significant amendment in August 2015 exempted certain metro areas. March 2016 the entire LTV cap was repealed. LTV ratio cap on very high value properties of 50% implemented in June 2010 changed to 60% in 2015--left unchanged in 2016.
Notes: LTV ratio capped at 60% in June 2010 until significant amendment in August 2015 exempted certain metro areas. March 2016 the entire LTV cap was repealed. LTV ratio cap on very high value properties of 50% implemented in June 2010 changed to 60% in 2015--left unchanged in 2016.
Notes: LTV ratio capped at 60% in June 2010 until significant amendment in August 2015 exempted certain metro areas. March 2016 the entire LTV cap was repealed. LTV ratio cap on very high value properties of 50% implemented in June 2010 changed to 60% in 2015--left unchanged in 2016.
Notes: LTV ratio capped at 60% in June 2010 until significant amendment in August 2015 exempted certain metro areas. March 2016 the entire LTV cap was repealed. LTV ratio cap on very high value properties of 50% implemented in June 2010 changed to 60% in 2015--left unchanged in 2016.
Notes: LTV ratio capped at 60% in June 2010 until significant amendment in August 2015 exempted certain metro areas. March 2016 the entire LTV cap was repealed. LTV ratio cap on very high value properties of 50% implemented in June 2010 changed to 60% in 2015--left unchanged in 2016.
Notes: LTV ratio capped at 60% in June 2010 until significant amendment in August 2015 exempted certain metro areas. March 2016 the entire LTV cap was repealed. LTV ratio cap on very high value properties of 50% implemented in June 2010 changed to 60% in 2015--left unchanged in 2016.
Notes: LTV ratio capped at 60% in June 2010 until significant amendment in August 2015 exempted certain metro areas. March 2016 the entire LTV cap was repealed. LTV ratio cap on very high value properties of 50% implemented in June 2010 changed to 60% in 2015--left unchanged in 2016.
Notes: LTV ratio capped at 60% in June 2010 until significant amendment in August 2015 exempted certain metro areas. March 2016 the entire LTV cap was repealed. LTV ratio cap on very high value properties of 50% implemented in June 2010 changed to 60% in 2015--left unchanged in 2016.
Notes: LTV ratio capped at 60% in June 2010 until significant amendment in August 2015 exempted certain metro areas. March 2016 the entire LTV cap was repealed. LTV ratio cap on very high value properties of 50% implemented in June 2010 changed to 60% in 2015--left unchanged in 2016.
Notes: LTV ratio capped at 60% in June 2010 until significant amendment in August 2015 exempted certain metro areas. March 2016 the entire LTV cap was repealed. LTV ratio cap on very high value properties of 50% implemented in June 2010 changed to 60% in 2015--left unchanged in 2016.
Notes: Specific share of mortgage lending by commercial banks and state-owned commercial banks is unavailable, but both have been active lenders in the mortgage market
Notes: Specific share of mortgage lending by commercial banks and state-owned commercial banks is unavailable, but both have been active lenders in the mortgage market
Notes: Specific share of mortgage lending by commercial banks and state-owned commercial banks is unavailable, but both have been active lenders in the mortgage market
Notes: Specific share of mortgage lending by commercial banks and state-owned commercial banks is unavailable, but both have been active lenders in the mortgage market
Notes: Specific share of mortgage lending by commercial banks and state-owned commercial banks is unavailable, but both have been active lenders in the mortgage market
Notes: Specific share of mortgage lending by commercial banks and state-owned commercial banks is unavailable, but both have been active lenders in the mortgage market
Notes: Specific share of mortgage lending by commercial banks and state-owned commercial banks is unavailable, but both have been active lenders in the mortgage market
Notes: Specific share of mortgage lending by commercial banks and state-owned commercial banks is unavailable, but both have been active lenders in the mortgage market
Notes: Specific share of mortgage lending by commercial banks and state-owned commercial banks is unavailable, but both have been active lenders in the mortgage market according to IMF report since 2008.
Notes: Specific share of mortgage lending by commercial banks and state-owned commercial banks is unavailable, but both have been active lenders in the mortgage market according to IMF report since 2008.
Notes: Specific share of mortgage lending by commercial banks and state-owned commercial banks is unavailable, but both have been active lenders in the mortgage market according to IMF report since 2008.
Notes: Specific share of mortgage lending by commercial banks and state-owned commercial banks is unavailable, but both have been active lenders in the mortgage market according to IMF report since 2008.
Notes: Specific share of mortgage lending by commercial banks and state-owned commercial banks is unavailable, but both have been active lenders in the mortgage market according to IMF report since 2008.
Notes: Specific share of mortgage lending by commercial banks and state-owned commercial banks is unavailable, but both have been active lenders in the mortgage market according to IMF report since 2008.
Notes: Specific share of mortgage lending by commercial banks and state-owned commercial banks is unavailable, but both have been active lenders in the mortgage market according to IMF report since 2008.
Notes: Specific share of mortgage lending by commercial banks and state-owned commercial banks is unavailable, but both have been active lenders in the mortgage market according to IMF report since 2008.
Notes: Total dwelling units not made of steel, concrete, or brick, i.e. made of wood, bamboo, and stone.