Taiwan Average Salaries & Expenditures

 
Contents
Average Employment Income   Average Salary per Job   Average Salary per Sector   Total Personal Average Income   Consumption Expenditure
Workforce Composition   Vacation Time   Exchange Rates   Cost of Living   References
 

Average Employment Income

:
annual, per worker, incl. dependent & self employment
   Disposable (1)  Gross (2)   
2005
26,148
454,456
 
30,194
524,775
 
constant 2005 US$ at PPP
current dollars
(1)    Based on gross employment average income and non-consumption expenditure (incl. income tax, social insurance contributions, other taxes; excl. house tax and land tax).
(2)    Based on salary & business average income per capita and proportion of workers to household size.
Source: Survey of Family Income and Expenditure in Taiwan, [10], 2005 (3.42 persons & 1.51 persons employed per household).
 

Average Salary in Taiwan - Job and Sector Comparison.

Job  Net Monthly Income  constant 2005 US$ (1) Notes                                                                               Gross Monthly Average Income (2) Compulsory Deductions (3) Weekly Hours (4)
 
Airline Pilot average income PPP $ 7,867 $ 4,212 Full-time and part-time employees, 2004. 175,030 dollars 22% 40.6
General Physician average income PPP $ 5,388 $ 2,885 Full-time and part-time employees, 2004. 112,658 dollars 17% 40.5
Engineer average income PPP $ 4,070 $ 2,179 Full-time and part-time employees, 2004. Petroleum and natural gas engineer. 81,183 dollars 13% 41.4
Postman average income PPP $ 2,560 $ 1,370 Full-time and part-time employees, 2004. Includes post-office counter clerk. 49,915 dollars 11% 40.0
Computer Programmer average income PPP $ 2,270 $ 1,215 Full-time and part-time employees, 2004. Insurance industry. 43,775 dollars 10% 38.3
Accountant average income PPP $ 2,076 $ 1,111 Full-time and part-time employees, 2004. 40,023 dollars 10% 38.9
Flight Attendant average income PPP $ 1,897 $ 1,016 Full-time and part-time employees, 2004. 36,183 dollars 9% 40.6
Professional Nurse average income PPP $ 1,860 $ 996 Full-time and part-time employees, 2004. 35,461 dollars 9% 40.5
Miner average income PPP $ 1,709 $ 915 Full-time and part-time employees, 2004. Other mining and quarrying industry. 32,243 dollars 8% 44.4
Carpenter average income PPP $ 1,549 $ 829 Full-time and part-time employees, 2004. 28,911 dollars 7% 42.8
Car Mechanic average income PPP $ 1,533 $ 820 Full-time and part-time employees, 2004. 28,596 dollars 7% 43.0
Office Clerk average income PPP $ 1,521 $ 814 Full-time and part-time employees, 2004. 28,385 dollars 7% 42.0
Garment Cutter average income PPP $ 1,508 $ 808 Full-time and part-time employees, 2004. 28,148 dollars 7% 43.4
Furniture Finisher average income PPP $ 1,241 $ 665 Full-time and part-time employees, 2004. Cabinetmaker. 22,915 dollars 6% 43.4
Salesperson average income PPP $ 1,135 $ 608 Full-time and part-time employees, 2004. 20,950 dollars 6% 46.0
Chambermaid average income PPP $ 1,056 $ 566 Full-time and part-time employees, 2004. 19,502 dollars 6% 45.4
Bus Driver average income PPP $ 1,067 $ 571 Full-time and part-time employees, 2004. 19,499 dollars 5% 43.0
Hotel Receptionist average income PPP $ 1,003 $ 537 Full-time and part-time employees, 2004. 18,327 dollars 5% 45.5
Sector              
Gas-Electricity-Water average income PPP $ 4,366 $ 2,365 Employees, incl. overtime and bonus, 2005. 89,264 dollars 15% 39.3
Financial average income PPP $ 3,296 $ 1,786 Employees, incl. overtime and bonus, 2005. 65,097 dollars 12% 38.8
Transport-Communication average income PPP $ 2,724 $ 1,476 Employees, incl. overtime and bonus, 2005. 53,793 dollars 12% 41.2
Mining-Quarrying average income PPP $ 2,350 $ 1,273 Employees, incl. overtime and bonus, 2005. 45,893 dollars 11% 42.0
All Sectors average income PPP $ 2,259 $ 1,224 Employees, incl. overtime and bonus, 2005. 43,615 dollars 10% 42.0
Manufacturing average income PPP $ 2,162 $ 1,171 Employees, incl. overtime and bonus, 2005. 41,751 dollars 10% 43.4
Real Estate average income PPP $ 2,026 $ 1,098 Employees, incl. overtime and bonus, 2005. 39,129 dollars 10% 42.5
Construction average income PPP $ 1,991 $ 1,079 Employees, incl. overtime and bonus, 2005. 38,455 dollars 10% 41.0
Hotels-Restaurants average income PPP $ 1,369 $ 742 Employees, incl. overtime and bonus, 2005. 25,578 dollars 7% 40.3
 
  (1) The net average income in "constant 2005 US$" is computed using the Interbank nominal exchange rate [a] and the U.S. inflation rate [d]. The net average income in "constant 2005 US$" at PPP is computed using the IMF PPP exchange rate [d] and the U.S. inflation rate [d]. The latter reflects the purchasing power in the United States in 2005.
  (2) The gross monthly average income is based on data supplied by the National Statistics Republic of China [10] to the International Labour Organization [9]. The average income includes the salaries and wages of paid employees. Employees include both men and women unless otherwise noted.
  (3) The compulsory deductions include social security and income tax. The deductions are representative of single-earner-married-without-child status, and take into account family benefits in terms of cash transfers.
  (4) The weekly hours are based on data supplied by the National Statistics of the Republic of China [10] to the International Labour Organization [9]. The hours by job correspond to the hours paid for while the hours by sector correspond to the hours actually worked.
 
 

Personal Average Income

:
annual, per capita, incl. non-monetary income
   Disposable   Gross   Salary   Business   Property (1)  Transfer (2)    
2005
13,982
243,010
 
17,138
297,862
 
10,574
183,780
 
2,757
47,919
 
787
13,681
 
3,017
52,431
 
constant 2005 US$ at PPP
current dollars
(1)    Excl. owner-imputed rent income.
(2)    Incl. social insurance benefits and other transfers from government, individuals, enterprises.
Source: Survey of Family Income and Expenditure in Taiwan, [10], 2005 (3.42 persons per household).
 

Consumption Expenditure

:
annual, per capita, incl. non-monetary expenditure
   Total   Health   Housing (1)  Food   Apparel   Education   Transport (2)    
2005
10,727
186,432
 
1,581
27,480
 
2,110
36,675
 
2,575
44,758
 
401
6,977
 
 
1,481
25,742
 
constant 2005 US$ at PPP
current dollars
(1)    Incl. actual rentals, water charges, household operations, fuel and light, furnishings; excl. owner-imputed rent.
(2)    Incl. communication.
Source: Survey of Family Income and Expenditure in Taiwan, [10], 2005 (3.42 persons per household).
 

Workforce Composition

:
percentage of total workforce
   Primary (1)  Manufacturing   Education   Financial   Paid Employees   Unemployed  
2005 7.6   27.0   5.2   4.0   58.5    
%
(1)    Agriculture, hunting, forestry, fishing, mining, and quarrying.
Source: International Labour Organization [9].
 

Workforce Size

 :  
9.4 million (2005).
Source:   International Labour Organization [9].
 

Population

 :  
23.0 million (2006).
Source:   CIA World Factbook [b].
 

Vacation Time

 :  
7 days per year legally required minimum [e].
 

Inflation

 :  
107.3 (2001), 107.0 (2002), 106.7 (2003), 107.9 (2004), 109.5 (2005);
Source:   IMF inflation rates [d], Index: 1995=100.
 

PPP Exchange Rate

 :  
19.76 (2001), 19.31 (2002), 18.56 (2003), 17.87 (2004), 17.38 (2005);
Source:   IMF PPP exchange rates [d], Taiwan dollars per U.S. dollar.
 

Nominal Exchange Rate

 :  
33.57 (2001), 34.52 (2002), 34.45 (2003), 33.38 (2004), 32.08 (2005);
Source:   Interbank nominal exchange rates [a], Taiwan dollars per U.S. dollar.
 

Cost of Living

 :  
0.562 (2001), 0.535 (2002), 0.524 (2003), 0.535 (2004), 0.554 (2005);
Source:   Interbank nominal exchange rates [a] and IMF PPP exchange rates [d], US=1.000.
 

 

References

 
[9]   International Labour Organization. Compilation of average salary income worldwide. Classified by country, by employment category, and by gender.
[10]   National Statistics Republic of China (Taiwan).
[a]   Interbank nominal exchange rate, Oanda.com; historical currency converter for over 164 currencies and 3 metals.
[d]   World Economic Outlook Database, September 2006, International Monetary Fund.adjusted in time with inflation.
[e]   Vacation - Wikipedia, from Wikipedia, the free encyclopedia.
 
Other links:
Social Security in Taiwan, Social Security Programs Throughout the World, 2004-2005, compiled by the U.S. Social Security Administration.
Taiwan Economy Overview, CIA World Factbook.
Taiwan: Selected Internet Resources, U.S. Library of Congress.
Directory General of Budget, Accounting and Statistics, Executive Yuan, ROC.