Korea vs Taiwan, the gap between average and perceived reality

Taiwan's GDP per capita surpasses Korea · Comparison of median income

GDP per capita (IMF forecast)

Korea37,412 USD

Taiwan42,103 USD

Taiwan is ahead by about 4,700 USD

Monthly median income

Korea (2024)2.88 million KRW

Taiwan (2026)approx. 2 million KRW

Korea is ahead by about 1 million KRW per month

Total fertility rate

Korea (National)0.72

Taiwan (National)0.89

1.0 in Hsinchu region only

Weight of representative companies in stock market

Samsung Electronics + SK Hynixapprox. 50%

TSMC single companyapprox. 40%

Highest level of single-company concentration in the world

Source: IMF GDP per capita forecast, Taiwan Directorate-General of Budget, Accounting and Statistics, reconstructed based on Statistics Korea's Household Income and Expenditure Survey