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Taiwan to exceed South Korea in GDP per capita by 2025, led by TSMC's global chip dominance and AI demand.
Taiwan is projected to surpass South Korea in GDP per capita by 2025, driven by the global success of Taiwan Semiconductor Manufacturing Co. (TSMC) and rising demand for artificial intelligence technologies.
TSMC, the world’s leading contract chipmaker, holds a 70.2% share of the global pure foundry market, benefiting from strong client relationships and strategic export controls.
This economic momentum, supported by Taiwan’s leadership in advanced semiconductor production, is expected to boost the island’s per capita income to $38,066, slightly exceeding South Korea’s forecasted $37,430.
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Taiwán superará a Corea del Sur en PIB per cápita para 2025, liderado por el dominio global de los chips de TSMC y la demanda de IA.