<\/a>With a capitalist economy based on agriculture, industry and services, Taiwan\u2019s GDP in 2012 was of $901.9 billion, which makes it the 20th most developed economy in the world. The real growth rate was of 1.3% in 2012, of 4% in 2012, and of 10.7% in 2010. The growth fell to 1.3% in 2012 because of softening global demand. The GDP per capita is of $38,500. Still, 1.5% of the total population lives below World Bank\u2019s poverty line. Being an isolated country of a disputable sovereignty, Taiwan’s major long term challenges remain low birth rate, and rapidly aging population. Even though having a closer relationship with the mainland would bring greater opportunities for the Taiwan economy, it would also mean an economic dependence on China while political differences remain unresolved.<\/p>\nPlease visit us again soon for more demographic data as well as a projected 2016 population of Taiwan and a current religious map.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"Taiwan, officially known as the Republic of China, is situated in Eastern Asia and is the first constitutional republic in Asia. Taiwan is bordering the East China Sea, Philippine Sea, South China Sea, and Taiwan Strait, north of the Philippines, off the southeastern coast of China. With a total area of 13,974 square miles, Taiwan […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[],"_links":{"self":[{"href":"https:\/\/www.populationfun.com\/wp-json\/wp\/v2\/posts\/478"}],"collection":[{"href":"https:\/\/www.populationfun.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.populationfun.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.populationfun.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.populationfun.com\/wp-json\/wp\/v2\/comments?post=478"}],"version-history":[{"count":34,"href":"https:\/\/www.populationfun.com\/wp-json\/wp\/v2\/posts\/478\/revisions"}],"predecessor-version":[{"id":2621,"href":"https:\/\/www.populationfun.com\/wp-json\/wp\/v2\/posts\/478\/revisions\/2621"}],"wp:attachment":[{"href":"https:\/\/www.populationfun.com\/wp-json\/wp\/v2\/media?parent=478"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.populationfun.com\/wp-json\/wp\/v2\/categories?post=478"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.populationfun.com\/wp-json\/wp\/v2\/tags?post=478"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}