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Taiwan's Income Soars: Record Earnings and Low Unemployment

8/19/2025

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Summary

Story summary

Taiwan's average annual income hit a record NT$729,000 (US$24,264) in 2024, rising 2.5%.
Workers under 30 earned NT$559,000 (US$18,605), supported by a 4.84% GDP growth.
Average household disposable income increased to NT$1.165 million (US$38,775), up 2.5% from 2023.
The unemployment rate decreased to 3.38%, influenced by minimum wage hikes.

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Story summary

Taiwan's average annual income hit a record NT$729,000 (US$24,264) in 2024, rising 2.5%.
Workers under 30 earned NT$559,000 (US$18,605), supported by a 4.84% GDP growth.
Average household disposable income increased to NT$1.165 million (US$38,775), up 2.5% from 2023.
The unemployment rate decreased to 3.38%, influenced by minimum wage hikes.