Capital: Taipei

Population: 24.38 million (2013)

HDI: 0.89 (21st)

GDP: 529.60 billion USD (2014)

Currency: New Taiwan dollar

Official languages: Standard Mandarin, Taiwanese Mandarin

Taiwan is located off the southeastern coast of mainland China in the Western Pacific Ocean. Taiwan’s capital city is Taipei. The official language is Mandarin Chinese, and the currency is the New Taiwan dollar (TWD). Taiwan is one of the world’s trading powerhouses and offers one of the most favorable environments for investment in Asia. It currently ranks as the 20th largest economy in the world according to the International Monetary Fund (IMF) and is the world’s 18th largest trading entity according to the World Trade Organization (WTO).





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