Taiwan per capita income overtakes S Korea, Japan: IMFBy Hollie Younger / Staff writerTaiwan has overtaken South Korea this year in per capita income for the first time in 23 years, IMF data showed. Per capita income is a nation’s GDP divided by the total population, used to compare average wealth levels across countries. Taiwan also beat Japan this year on per capita income, after surpassing it for the first time last year, US magazine Newsweek reported yesterday. Photo: EPA-EFEAcross Asia, Taiwan ranked fourth for per capita income at US$37,827 this year due to sustained economic growth, the report said. China’s per capita income was US$13,810 this year, ranked in ninth place after South Korea, Japan, Brunei and Malaysia, the report said.

Source: Taipei Times December 24, 2025 14:25 UTC