Market Intelligence Reports

Global Market Report Q4 2021

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88 Taiwan Covid Deaths Covid Cases Confirmed Cases 16,737 Total Deaths 848 Q4 2021 Total Labor Force (000s) 11,902 Employed Workers (000s) 11,445 Unemployed Workers (000s) 457 Unemployment Rate 3.8% 11,501 11,467 11,514 11,515 11,445 Q4 2019 Q2 2020 Q4 2020 Q2 2021 Q4 2021 3.7% 4.1% 3.8% 3.7% 3.8% Q4 2019 Q2 2020 Q4 2020 Q2 2021 Q4 2021 76% - First Vaccine Dose (December 2021) 21% 20% 5% 0% 25% 50% 75% Employer Tax Profit Tax VAT Taiwan Regional Average Other Cost Considerations - Tax Vaccines are mandated for workers in hospitality, entertainment and education. Indicative Wages (USD) $1,874 $1,990 $5.76 $0 $5 $10 $15 $0 $2,500 $5,000 Average Wage Manufacturing Wage Minimum Wage Taiwan Regional Average 31% 33% 34% 36% 37% 9% 9% 8% 8% 9% 59% 59% 59% 59% 59% 0% 20% 40% 60% 80% 2016 2017 2018 2019 2020 15-24 years 65+ years Total Labor Force Participation Rate by Selected Age Group Taiwan's minimum wage is due to be increased by approximately 5% in January. Working Population (in Thousands) Over Time Unemployment Rate Over Time Labor Force Statistics ILOSTAT Monthly Hourly Key Sources: https://wageindicator.org/ https://ilostat.ilo.org/ https://www.worldbank.org/ https://tradingeconomics.com/ https://home.kpmg/xx/en/home.html https://taxsummaries.pwc.com/ https://eng.stat.gov.tw/

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