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Taiwan Set to Overtake South Korea in GDP Per Capita

9/15/2025

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Summary

Story summary

South Korea is set to fall behind Taiwan in GDP per capita in 2025 for the first time since 2003, with forecasts of $37,430 versus Taiwan's $38,066.
Taiwan's exports rose 34.1% in August, while South Korea's grew by only 1.3%.
By 2026, Taiwan's GDP per capita is expected to reach $41,019, compared to South Korea's $38,947.
South Korea's economic growth is projected below 2%, while Taiwan's may exceed 3%.
In Q2 2023, South Korea's real GDP grew 0.6%, while Taiwan's expanded 8.01%.

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Story summary

South Korea is set to fall behind Taiwan in GDP per capita in 2025 for the first time since 2003, with forecasts of $37,430 versus Taiwan's $38,066.
Taiwan's exports rose 34.1% in August, while South Korea's grew by only 1.3%.
By 2026, Taiwan's GDP per capita is expected to reach $41,019, compared to South Korea's $38,947.
South Korea's economic growth is projected below 2%, while Taiwan's may exceed 3%.
In Q2 2023, South Korea's real GDP grew 0.6%, while Taiwan's expanded 8.01%.