Taiwan's Economy Booms, but Wages Lag
Update: 2025-11-28
Description
Taiwans economy is thriving, with an impressive 8.21% GDP growth in Q3, driven by a surge in exports. Despite this, income gaps are widening, and wages remain stagnant, leading to sluggish consumer spending. The high-tech sector, which accounts for 15% of GDP, is booming, but the average wage lags behind, highlighting a disconnect between the countrys economic strength and the daily financial realities for many citizens.
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