Taiwan Hits US-Level Income Per Capita 🚀

Taiwan now has a GDP per capita comparable to the United States on a PPP basis — but unlike most rich economies, growth is still accelerating. Semiconductor exports are reshaping the economy, manufacturing has surged to 35% of GDP, and Taiwan is becoming one of the most unusual economic stories in the world today.

Instead of slowing down like most developed nations, Taiwan is seeing growth rates closer to emerging markets while maintaining advanced-economy income levels. The result is an economy that increasingly stands apart from the US, UK, Japan, and much of Europe.

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