Industrial labour productivity rose 10.16%, while real earnings rose 2.16%.
This statistic shows the 2024 gap between worker pay growth and output per labour input. Real nonfarm earnings rose, but industrial productivity rose much faster, creating an 8.0 percentage-point gap. The same CBC annual-report section also shows falling unit labour costs, reinforcing the productivity-side story.
Source 1: CBC Annual Report 2024 - Developments in the Real Economy
Publisher: Central Bank of the Republic of China (Taiwan)
Dataset/table: Labor market, wages and productivity
Units: percent; NT$
Date checked: 2026-05-12
Evidence: CBC reports 2024 real earnings growth of 2.16%, industrial productivity growth of 10.16% and manufacturing productivity growth of 10.94%.
Note: CBC reports 2024 real earnings growth of 2.16%, industrial productivity growth of 10.16% and manufacturing productivity growth of 10.94%.
Source 2: Yearbook of Earnings and Productivity Statistics 2024
Publisher: National Statistics, R.O.C. (Taiwan)
Dataset/table: Earnings and productivity yearbook tables
Units: indices; NT$; percent
Date checked: 2026-05-12
Evidence: DGBAS provides the official earnings and productivity yearbook table path for the underlying series.
Note: DGBAS provides the official earnings and productivity yearbook table path for the underlying series.
This is a one-year benchmark, not a long-run wage-productivity trend. Real earnings are for nonfarm industry and services; productivity indices are for industrial and manufacturing sectors.
Uses CBC Annual Report 2024 figures sourced to DGBAS. The comparison uses 2024 annual percentage changes: real nonfarm monthly earnings, industrial labour-productivity index and manufacturing labour-productivity index.
All headline values come from the same CBC annual-report section, which cites DGBAS earnings and productivity statistics.
Taiwan export growth by commodity group, 2025
ICT products surged while several traditional goods declined.
Taiwan GNI per capita versus GDP per capita, 2024
Gross National Income (GNI) per resident exceeded GDP per resident by about US$1.1k in 2024.
Taiwan import growth by commodity group, 2025
Capital and electronics-linked imports outpaced the wider import increase.