Taiwan

Taiwan, officially known as Republic of China (ROC), is an island located in East Asia, off the southeastern coast of mainland China. It is separated from China by the Taiwan Strait. The capital is Taipei. Taiwan has a complex history, with cultural influences from China, Japan (which ruled the island from 1895 to 1945), and the West. Taiwanese culture is thus a unique mix of traditional Chinese elements and Japanese and Western influences. Taiwan is known for its rapid economic development in the 1970s and 80s, becoming one of the "Asian Tigers". The economy is heavily oriented towards industry and technology, with particular strength in the electronics and semiconductor sectors. Population of Taiwan from 2018 to 2020: 2018: Approximately 23.7 million inhabitants. 2019: Approximately 23.6 million inhabitants. 2020: Approximately 23.5 million inhabitants. Capital (Taipei): Population in 2020: About 2.6 million inhabitants. Top 10 cities by number of inhabitants in 2020: (Figures are approximate) Taipei: ~2.6 million Kaohsiung: ~2.7 million Taichung: ~2.8 million Tainan: ~1.8 million Taoyuan: ~2.2 million Hsinchu: ~446,701 Keelung: ~371,878 Chiayi: ~266,322 Changhua: ~235,651 Pingtung: ~214,139 Administrative Divisions: Taiwan is divided into 22 administrative divisions, including 6 metropolitan cities and 16 counties. Some divisions include: Taipei, Kaohsiung, Taichung, Tainan, Taoyuan, Hsinchu, Keelung, Chiayi, Changhua, Pingtung. GDP in millions of dollars from 2018 to 2020: 2018: About $589.4 billion. 2019: About $601.0 billion. 2020: About $668.5 billion. Public deficit in millions of dollars from 2018 to 2020: 2018-2020: Not available. % GDP/government debt ratio from 2018 to 2020: 2018-2020: Not available. Unemployment rate % from 2018 to 2020: 2018: Approximately 3.7%. 2019: Approximately 3.7%. 2020: Approximately 3.9%. Inflation Rate from 2018 to 2020: 2018: Around 1.4%. 2019: Approximately 0.6%. 2020: Around 0.2%.