πŸ‡ΉπŸ‡Ό

Taiwan

#28 globallyAsia Pacific

Average salary: $30,000/year Β· Currency: TWD NT$

Mean Annual Salary

$30,000

gross USD

Median Annual Salary

$25,000

gross USD

GDP per Capita

$32,756

current USD

PPP Factor

Γ—0.68

vs USD base

Tax Breakdown at Median Salary

Estimated
Gross Income$25,000
Income Tax$2,438
Social Security$938
Health Insurance$375

Take-Home (Net) Annual

$21,250

Effective Tax Rate

15.0%

* Based on median salary of $25,000. Estimated combined rate. Consult a tax professional for accurate calculations.

πŸ‡ΉπŸ‡Ό Taiwan Economic Overview

Currency

TWD (NT$)

Region

Asia Pacific

Population

23.5M

Gini Coefficient

0.336

Cost of Living Index

68 (US=100)

Tax Data Available

Estimated

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Salary vs Global Benchmarks

Global Mean$18,000
Asia Pacific Mean$28,750
Taiwan Mean$30,000

Global Ranking

#28

out of 117 countries

by average salary

About Salaries in Taiwan

The average annual salary in Taiwan is approximately $30,000 (gross, in USD), with a median of $25,000. The country ranks #28 out of 117 countries by average salary.

At the median salary, workers in Taiwan take home approximately $21,250 after taxes β€” an effective tax rate of 15.0%. The purchasing power parity factor of Γ—0.68 means that in real terms, living costs are lower than in the United States.

Taiwan is located in the Asia Pacific region. Income inequality, measured by the Gini coefficient, is 0.336 (moderate inequality).