Taiwan Economy - 1986

GEOGRAPHICAL NAMES 

GNP: $56.6 billion (1984 est), $2,980 per capita, 4.6% real growth (1985)

Natural resources: small deposits of coal, natural gas, limestone, marble, and asbestos

Agriculture. most arable land intensely farmed—60% cultivated land under irrigation; main crops—rice, sweet potatoes, sugarcane, bananas, pineapples, citrus fruits; food shortages—wheat, corn, soybeans

Fishing: catch 930,582 metric tons (1983'

Major industries: textiles, clothing, chemicals, electronics, food processing, plywood, sugar milling, cement, shipbuilding

Electric power: 16,067,000 kW capacity (1985); 53 billion kWh produced (1985), 2,738 kWh per capita

Exports: $30.4 billion (f.o.b., 1984 est.);

20.5% textiles, 18.8% electrical machinery, 9% general machinery and equipment, 9% telecommunications equipment, 7 4% basic metals and metal products, 5.4% foodstuffs, 2.5% plywood and wood products

Imports: $21.6 billion (c.i.f., 1984 est.); 25% machinery and equipment, 17.7% crude oil, 11.9% chemical and chemical products, 6.7% basic metals, 6.3% foodstuffs

Major trade partners: exports— 49% US 10% Japan, imports—29% Japan, 23%· US, 8.6% Saudi Arabia (1983)

Aid: economic commitments—US authorizations, including Ex-Im (FY46-82), $4 6 billion; Western (non-US) countries, ODA and OOF (1970-83), $402 million;

military—US (FY46-81), $ 4.4 billion authorized

Budget: central government expenditure, $42.5 billion (FY®)

Monetary conversion rate: NT (New Taiwan) 40.39 dollars=US$l (September 1985)

Fiscal year: 1 July-30 June

NOTE: The information regarding Taiwan on this page is re-published from the 1986 World Fact Book of the United States Central Intelligence Agency and other sources. No claims are made regarding the accuracy of Taiwan 1986 information contained here. All suggestions for corrections of any errors about Taiwan 1986 should be addressed to the CIA or the source cited on each page.