Statistical Analysis
In 2013, the key flow statistics are as follow: economic growth rate was 2.23%, higher
than 2.06% in 2012; gross capital formation increased 1.69% to NT$3.36 trillion;
consumption of fixed capital decreased 0.44% to NT$2.47 trillion; consumer price
increased 0.79%; wholesale and import prices decreased 2.43% and 4.45%
respectively; year-end stock index was 8,611.51 increased 912.01 points or 11.85%
compared with 7,699.50 in 2012. The key stock statistics are as below.
I. Gross and net national wealth (gross/net national wealth= gross/net
non-financial assets+ net financial assets)
(A)Gross national wealth was NT$214.84 trillion at the end of 2013, increased
NT$15.14 trillion from the end of 2012
Gross national wealth was NT$214.84 trillion at the end of 2013, increased
NT$15.14 trillion or 7.58% from the end of 2012. Wherein land, owing to the raising
of the government announced current land value (according to The Equalization of
Land Rights Act, Article 40, and Land Tax Act, Article 33, government announced
current land value should approach gradually to normal transaction price), increased
the most by NT$11.94 trillion; then net financial assets, owing to the increase of
outward securities investment and foreign deposits, increased NT$2.34 trillion;
buildings & constructions, owing to the increase of new assets (capital formation),
increased NT$1.13 trillion; machinery equipment, owing to the going down of prices,
decreased NT$0.67 trillion. Net national wealth (less depreciation) was NT$171.95
trillion at the end of 2013, increased by NT$14.38 trillion or 9.13% from the end of
2012.
(B)Gross national wealth by type of asset, land accounted for 44.54% the most
At the end of 2013, owing to the raising of government announced current land
value, land whereby revaluated accounted for 44.54% the most, increased by 2.60
percentage points from the end of 2012. Buildings & constructions accounted for
21.28%, decreased 1.05 percentage points the next, and then net financial assets
12.33%, increased by 0.24 percentage points from the end of 2012. The
composition of net national wealth (land and inventories both exclude depreciation),
land, buildings & constructions and net financial assets accounted for 55.65%,
17.37% and 15.41% respectively.
(C)In gross produced assets, enterprises accounted for 58.55% the most
Gross produced assets by using sector, could be divided into households,
enterprises (includes non-financial enterprises and financial enterprises), and
government and non-profit institutions (for supporting the productive activities of
enterprises and elevating the living quality of households. Gross produced assets at
the end of 2013 was NT$92.65 trillion, increased by NT$0.86 trillion or 0.94% from
the end of 2012. By using sector, enterprises accounted for 58.55% the most, then
households 22.26% and government and non-profit institutions 19.18%. In recent 5
years, the composition of enterprises keeps rising basically, but as the decline of the
price of machinery equipment in 2013, it decreased by 0.37 percentage points from
the end of 2012.
(D)Produced fixed assets for enterprises of all industries by economic activity,
industry accounted for 63.62% the most
Produced fixed assets for enterprises of all industries was NT$48.44 trillion at the
end of 2013, slightly increased NT$0.16 trillion from the end of 2012. By kind of
activity, industry accounted for 63.86% the most, then services 32.47%, agriculture,
forestry, fishing and animal husbandry 3.67%. In recent 5 years, due to the growth
of manufacturing topped all activities, the composition of industry keeps rising, while
as the decline of the price of machinery equipment in 2013, it decreased by 0.40
percentage points from the end of 2012.
(E)Net national wealth per capita was NT$7.36 million at the end of 2013,
increased by NT$0.6 million from the end of 2012
With the population 23.37 million at the end of 2013, per capita gross national
wealth was NT$9.19 million, increased by NT$0.63 million or 7.32% from 2012’s
NT$8.56 million. Per capita net national wealth was NT$7.36 million, influenced by
the raising of the government announced current land value, increased by NT$0.6
million or 8.86% from 2012’s NT$6.76 million.
II. Assets and liabilities by sector
(A)Land increased NT$3.20 trillion after revaluation at the end of 2013
At the end of 2013, land valued on government announced current land value was
NT$95.69 trillion. After revaluating the residential, commercial and industrial land
(which have more market circulation and transaction values) at the urban land
market price - data came from the Ministry of The Interior - land value was
NT$98.89 trillion, increased NT$3.20 trillion, wherein households increased
NT$1.50 trillion and accounted for 46.79% the most, government NT$1.10 trillion or
34.48% the second, and the following in order were non-financial enterprises
NT$0.46 trillion or 14.44%, non-profit institutions NT$0.09 trillion or 2.88% and
financial enterprises NT$0.05 trillion or 1.41%.
(B)Net worth (net non-financial assets and net financial assets) by sector at the
end of 2013, households accounted for 57.77% the most
Net worth (i.e. net national wealth) of all sectors at the end of 2013 was NT$171.95
trillion. By sector, households was NT$99.34 trillion or 57.77% accounted the most,
the rest sectors in order were government 26.00%, non-financial enterprises
12.11%, non-profit institutions 4.10%, and financial enterprises 0.01%. In recent 5
years, households topped the compositions of all sectors, government was the
second. With land revaluated on the market price and the net worth of non-financial
enterprises and financial enterprises redistributed by final ownership, the net worth
of households was NT$117.19 trillion or 66.91%, government 28.39%, non-profit
institutions 4.70%.
(C)Net worth of households was NT$99.34 trillion at the end of 2013, real estate
accounted for 38.69% the most
At the end of 2013, net worth of households was NT$99.34 trillion, increased by
NT$8.72 trillion or 9.62% from 2012. By asset, real estate was NT$38.43 trillion or
38.69% ranked first, then portfolio 17.12% and life insurance and pension fund
reserves 16.58%. Households liabilities was NT$13.26 trillion, among which, loan
was NT$12.62 trillion. After land revaluated on the market price, households net
worth increased to NT$100.84 trillion, wherein real estate was NT$39.93 trillion and
counted for 39.60% still the most.
(D)Real estate increased NT$0.48 million the most in net worth per households at
the end of 2013
As the rate of home ownership reached 85%, net worth per households (after land
revaluated on the market price) at the end of 2013, excluding life insurance reserves
and pension fund reserves, was NT$10.18 million, increased NT$0.70 million or
7.40% from 2012’s NT$9.48 million, whereof the main reasons were real estate
increased NT$0.48 million (for the raise of land price) and portfolio increased
NT$0.22 million. Besides, due to the popularization of insurance and financial
management, life insurance reserves and pension fund reserves keep increasing,
net worth per households was NT$12.17 million, increased by NT$0.91 million or
8.04% from the end of 2012.