September 18, 2004
The Directorate General of Budget, Accounting and Statistics reports that Taiwan's gross national wealth rose by
NTD 2.2 trillion in 2001 to
NTD 111 trillion, for an annual growth rate of 2%, in 2002. The nation's net national wealth stood at
NTD 90 trillion in 2002. Per capita gross national wealth increased to
NTD 4.93 million in 2002, up slightly from
NTD 4.86 million in 2001, while per capita net national wealth was
NTD 4.02 million, virtually the same as in 2001.
National wealth figures calculated are based on the combined value of physical assets and net overseas assets. Physical assets comprise such assets as land, real estate, construction projects, transportation systems, machinery and equipment, durable household goods, and semi-durable household goods. Net overseas assets include such assets as gold reserves, marketable securities, savings, debts receivable and forward payments, and overseas borrowing.
Land assets account for the largest portion of Taiwan's gross national wealth, at 48.4%. This is followed by real estate, at 12.6%, and machinery and equipment, at 11%. Enterprises control 37.1%, or
NTD 41.1 trillion, of the country's gross national wealth, while households hold the second largest portion, at 29.8%, or
NTD 32.9 trillion.
(Economic Daily News)
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