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Taiwan
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Taiwan

East Asia · Taipei · TWD (New Taiwan Dollar)

GDP
$884.00B
nominal, USD
GDP growth
8.7%
real, annual
Inflation
1.7%
annual
Market cap
$3.00T
total listed, USD

Economy & industry overview

Taiwan is a high-income, export-oriented economy whose strength is anchored in the global semiconductor and electronics supply chain. The island is home to Taiwan Semiconductor Manufacturing Company (TSMC), the world's largest contract chipmaker, which alone represents roughly 44 percent of total domestic stock-market capitalization. Exports of semiconductors, electronics, petrochemicals, and precision machinery drive sustained current-account surpluses, and Taiwan ranked as the world's 16th-largest exporter in 2024. The economy grew at a real rate of approximately 8.68 percent in 2025, driven by surging AI-related demand for advanced chips, servers, power systems, and related components. Services account for roughly 62 percent of GDP, industry around 36 percent, and agriculture under 2 percent.

Key sectors

Semiconductors · Integrated Circuit FabricationElectronics Manufacturing ServicesElectronic ComponentsFinancial Services · Banking and InsuranceInformation Technology · Fabless Chip DesignPetrochemicalsPrecision MachineryShipping and LogisticsTelecommunicationsFlat Panel Displays
Learn everything about Taiwan →

Macro

GDP nominal, USD$884.00B
GDP growth real, annual8.7%
Inflation annual1.7%
Population people23.4M
GDP per capita USD$37,778
Market cap total listed, USD$3.00T
Market cap / GDP339.4%
Unemployment3.4%
Listed companies1,000
ExchangeTaiwan Stock Exchange Corporation (TWSE)

Primary data year: 2025. Sources: Taiwan Stock Exchange Corporation (TWSE) Fact Book 2026, International Monetary Fund World Economic Outlook (April 2026), Directorate-General of Budget, Accounting and Statistics, Republic of China (Taiwan), MSCI Index Factsheets (MSCI Taiwan Index, April 2025), Wikipedia Economy of Taiwan, Worldometers Taiwan GDP, Taipei Times, Taiwan.gov.tw Government Portal, LSEG Lipper Alpha. Individual figures may cover different reference periods — for example a fiscal year, or an estimate for the current year — and the overview above states these where known.

Other East Asia markets

Largest listed companies

The biggest companies on the main local exchange, by market capitalisation. Where a foreign company holds a secondary listing here, it is shown after the domestic companies.

# Company Sector Market capUSD US listing

US-traded ETFs

Funds listed in the US that give exposure to this market, the simplest route for many US investors.

ETF Scope Expense ratioannual % Exposure% of fund

Local exchange & access

ExchangeTaiwan Stock Exchange Corporation
CodeTWSE
Websitewww.twse.com.tw
CurrencyTWD

Local broker access

Non-resident foreign investors may trade TWSE-listed securities by first opening a securities trading account with a local broker or a foreign broker with a Taiwan sub-custodian, and registering with the Taiwan Depository and Clearing Corporation. Many international online brokers provide access to TWSE stocks, and US-listed ADRs such as TSM offer direct exposure to TSMC without requiring a local account. Foreign investors collectively held approximately 49 percent of TWSE market capitalisation as of early 2026.

Global brokers with foreign-market access

Listed for convenience only. Not a recommendation. Available markets, fees and onboarding rules differ by broker and by your country of residence.

Relocation & residency

Investment visa / residency programme

Grants Permanent residency (investment immigration pathway)

Taiwan does not operate a conventional golden visa programme. Foreign nationals who invest a minimum of NT$15 million (approximately USD 460,000) in a qualified Taiwanese business or government-approved fund may apply for an Entrepreneur Visa leading to long-term residency under the Act for the Recruitment and Employment of Foreign Professionals. A separate Investment Immigration programme administered by the National Immigration Agency permits qualifying investors to obtain permanent residency after maintaining a prescribed investment for a set period, though conditions and thresholds are subject to periodic revision by the authorities.

Minimum investment: $460.00K

Need help applying? Specialist investment-migration advisers such as Henley & Partners.

Foreign-investor access

Foreign nationals may reside in Taiwan on an Alien Resident Certificate (ARC) tied to employment, study, or qualifying investment. Taiwan does not grant citizenship easily to foreigners; naturalisation typically requires renouncing existing citizenship, though exceptions exist for high-level professionals. The cost of living in Taipei is moderate relative to comparable East Asian financial centres, and public healthcare is available to ARC holders enrolled in the National Health Insurance system.

US-listed ADRs & cross-listings

Companies from this country whose shares also trade in the US, investable in a normal US brokerage account.

CompanyUS tickerLocal tickerNote
ASE Technology Holding Co., Ltd.ASX3711ASX trades on the NYSE and represents the US-listed holding structure of ASE Industrial Holding, the world's largest independent semiconductor packaging and testing group. Each ADS represents five ordinary shares.
Chunghwa Telecom Co., Ltd.CHT2412CHT trades on the NYSE as an ADR representing Taiwan's largest integrated telecommunications operator. It is majority owned by the government of Taiwan and has historically provided a dividend yield above the TWSE average.
Taiwan Semiconductor Manufacturing CompanyTSM2330TSM trades on the NYSE as an American Depositary Receipt, with each ADS representing five ordinary shares listed on the TWSE. It is one of the largest non-US companies by market capitalisation listed in the United States and is included in major US indices.
United Microelectronics CorporationUMC2303UMC trades on the NYSE as an ADR, with each ADS representing two ordinary TWSE shares. It offers US investors direct exposure to one of the world's largest mature-node semiconductor foundry operators.
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