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by hmm37
868 days ago
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When you actually show the rate of change from e.g. 2014-2022, it's about 3.5%. Inflation being about let's say 2% over those years. Although the fact that it's reported in USD probably matters as well to really understand the economy. Anyways, the average salary in Taiwan across the entire workforce was just under NT$41,000 per month (median being surprisingly close to that figure), which is comparable to many cities in China. Also you can't compare 2008-2016, the US caused GFC caused a lot of issues. 2015-2022 household income also corresponds with how China was doing in terms of exports, since China was rapidly expanding exports around that time showing probably there's a pretty strong tie/correlation between the two regions. The fact that Taiwan GDP per capita is close to surpassing Japan's, shows how poorly Japan has been doing despite its stock market. |
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