China - Economic position and prospects (Vol. 3 of 3) : Statistical appendix

RESTRICTED Report No. EAP-17a This report was prepared for use within the Bank and its affiliated organizations. They do not accept responsibility for its accuracy or completeness. The report may not be published nor may it be quoted as representing their views. INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT INTERNATIONAL DEVELOPMENT ASSOCIATION ECONOMIC POSIT:ION AND PROSPECTS OF THE REPUBLIC OF CHINA (in three volumes) VOLUME III STATISTICAL APPENDIX September 11, 1970 East Asia and Pacific Department  CURRENCY EQUIVALENTS 1 U.S. dollar = 40 New Taiwan dollars NT$1 = US$0.025 NT$1,000,000 5 US$25,000 PLAN PERIODS Fourth Four-Year Plan: 1965 - 1968 Fifth Four-Year Plan: 1969 - 1972  VOLUME III STATISTICAL APPENDIX Table of Contents Table No. A. POPULATION 1.1 Taiwan Population Statistics 1.2 Population of Working Age and Dependent Age B. NATIONAL ACCOUNTS 2.1 Growth of Gross National and Domestic Product 2.2 Industrial Origin of Net Domestic Product at Factor Cost 2.3 Expenditure on National Income at Current Market Prices 2.4 Gross Fixed Capital Formation by Industrial Use C. EXTERNAL TRADE & PAYMENTS 3.1 Value of Principal Exports 3.2 Exports by Regions and by Countries of Origin 3.3 Value of Principal Imports 3.14 Imports by Regions and by Countries of Origin 3.,5 Receipts and Payments on Goods and Services 3.6 Balance of Payments D. EXTERNAL DEBT 4.,1 External Public Debt Outstancding as of September 30, 1969 4.2 Estimated Future Service Payments of External Public Debts Outstanding as of September 30, 1969 E. PUBLIC FINANCE 5,,1 Consolidated Budget of All Levels of Government F. MONEY & CREDIT 6.1 Consolidated Statement of Conditions of the Monetary Systems 6 2 Factors Affecting the Money 'iupply  G. AGRICULTURE 701 Index of Agricultural Production 7.2 Production of Principal Agricultural Crops 7-3 Harvested Area of Principal Crops 704 Agricultural Land Utilization 7.5 Indices of Agriculture Inputs 7.6 Timber Production' 7a7 Fisheries - Number of Vessels and Production H. OTHER SECTORS 801 Index of Industrial Production 8.2 Growth and Structure of Manufacturing Production 803 Demand and Supply of Primary Commercial Energy 804 Electric Power: Capacity, Generation and Consumption 8.5 Transportation Data I. PRICES & INTEREST RATES 9al Price Indices 9.2 Interest Rates  TABLE 1.1: TAIWAN POPULATION STATISI ICS End of Pop ulatiori2l Crude Rate-/ Year Total Growth_./ Natural (000) Rate Birth Death Increase 1959 10,806 33.1 h1.2 7.2 3h.0 1960 11,155 32.3 39.5 6.9 32.6 1961 11,510 31.8 38.3 6.7 31.6 1962 11,8157 30.1 37.3 6.4 30.9 1963 12,210 29.8 36.3 6.1 30.1 1964 12,1570 29.5 31.5 5.7 28.8 1965 12,928 28.5 32.7 5.5 27.2 1966 13,283 27.5 32.h 5.5 27.0 1967 13,617 25.1 28.5 5.5 23.0 1968 13,945 24.1 29.3 5.5 23.8 1969C/ 14,2'64 22.9 25.2 5.2 20.0 a/ Includes estimates of armed forces b/ Per thousand of population cl Provisional estimate S&.urce: Director-General of Budget, Accounts and Statistics (DGBAS)  TABLE 1.2e POPULATION OF WORKING AGE AND DEPENDENT AGEA (in thousands) Nmber of Persons of Number of Persons of Percentage Distribution End of Working Age Dependent Age 60 and Year (15-59) Under 15 60 & Over 15-50 Under 15 over 1952 49,352 3,1442 334 53.5 42.3 4.2 1953 41493 3,605 340 53.3 42.7 4.0 1956 4,892 4,123 375 52.1 43.9 1.0 1957 5,013 4,289 388 51.7 1443 4.0 1960 5,1439 4,904 h419 50.4 15.4 4.2 1961 5,568 5,1U2 469 109.9 45.9 4.3 1964 6,148 5,572 537 50o2 45.5 4.3 1965 6,393 5,667 568 50.6 14.9 4.5 1966 6,682 5,712 599 51.4 44.0 4.6 1967 6,918 5,755 624 52.0 43.3 4.7 1968 7,203 59794 653 52e8 42.4 4.8 /a excluding armed forces Source: Taiwan Provincial Government, Department of Civil Affairs, Household Registration Statistics.  TABLE 2,:L GROWTH OF GROSS NATIONAEL AND DOMESTIC PRODUCT, 1953-1969 At Current Market Prices At 194 Constant Market Prices GNP GDP GNP GDP Amcunt % AmounT % Amount p Amount Period (mn.lNI$) Increase (mn. NT$) Increase (mn. YTI$) Increase (nn. NiT$) Increase 1953 22,988 33.3 22,992 33.3 44,L72 9.3 44,483 9.3 1954 25,225 9.7 25,229 9.7 47,776 7.4 47,786 7.4 1955 30,088 19.3 30,091 19.3 51,745 8.3 51,752 8.3 1956 34,543 14.8 34.,550 14.8 514,189 4.7 54,202 4.7 Average of lst 4-Yr. .Plan 19.4 19.4 7.4 7.4 1957 40,291 16.4 40,346 16.8 58,155 7.3 58,255 7.5 ,958 44,752 11.1 441,778 11.0 62,327 7.2 62,364 7.1 1959 51,727 15.6 51,749 15.6 66,952 7.4 66,976 7.4 1960 62,561 20.9 62,566 20.9 71,177 6.3 71,182 6.3 Average of 2nd 4-Yr. Plan 1600 160o 7.1 7.1 1961 69,792 11.7 69,867 11.7 76,736 7.8 76,810 7.9 1962 76,882 10.2 77,004 10.2 82,288 7.2 82,410 7.3 1963 87,134 13.3 87,280 13.3 90,455 9.9 90,601 9.9 1964 102,209 17.3 102,366 17.3 102,209 13.0 102,366 13.0 Average of 3rd -Yr. Plan 13.1 13.1 9.5 9.5 1965 112,867 10.4 113,196 10.6 114,760 12.3 115,o89 12.5 '966 125,554 11e2 125,883 11.2 125,526 9.4 125,855 9.- 1967 143,0145 13.9 143,259 13.8 138,249 10.1 138,462 10.0 ].968 167,975 17.14 168,1433 17.6 152,218 10.1 152,676 10.3 Av;-rage of lth 4-Yr. Plan 13.2 13.3 10.5 10.5 1969/1 190,421 13.4 191,274 13.6 165,400 8.7 164,996 8.9 /h Preliminary Source: DGBAS, National Income of the Republic of China, October 1969.  TtBLE 2.2 INFjUSTRIAL ORIGDh 0 NNT DOKFEI'S PRODUCT AT FACTOR COST (Mi.lion NT dollars) 1960 1961 1962 1963 1964 1965 1966 1967 -196 1969L Agriculture, Forestry, Hunting and Fishing 16,528 17,872 17,891 18P8iL. 23,509 2L,797 26,326 285336 31,7L8 30),999 MZining and Quarrying 1,177 1,194 1,556 1,L76 1,503 1,757 2,051 2-302 2,218 2,271 Manufacturing 8,1458 9,664 1o0426 13,565 17,277 1' 271 20,578 24,089 29,267 3L,946 Construction 2,247 2,501 2,788 3,27L 3,601 4,213 )l,816 5,585 6,758 7,691 Electricity, Gas, Water and Saritary Services 650 881 1, 085 1,1o 1,475 1,69> 1,781 1,922 2,302 2,788 Transportation2 Storage and Cormunication 2,071 2,711 2,833 3,O8L 3,672 L,363 5,501 5',994 7,396 8,473 Wholesale and Retail Trade 7,332 7,965 8,918 10,L34 2,657 13,65 7 14,6$F6 16,745 .18,624 20,981 Banking, Insurance and Real Estpte 824 901 1,063 1,276 1,668 2,)076 2,357 23,50 3,612 4,171 Dwelling N..nership 3,114 3,586 L,17'S <,7(7 5,209 ,51i5 6,OL5 6,850 Q8,8l 8,998 Public Administration and National Defense 6,072 7,050 7,645 8,562 9,6L9 10,377 12,66 14,457 1.6,955 20,154 Other Services 2,627 2,940 3h4L1 L,213 L, 739 5,490 6,069 6,675 7,307 8,067 Less: Imputed Interest 300 178 183 211 237 357 LI 373 577 610 Net Domestic Product at Factor Cost 50,8.3 57,087 61,646 70,74)9 >4,722 9 1'L^,8 102,2 6 115,L323 133,69L 148,929 /L Prelimina ry Source: D7D.AS.  TABLE. 2.3. LPEIIDITURi.3 ON MTIONAL INCONE AT CURR9iN1 MFARET PRIC-S (iMillion NT dollars) 1960 1961 1962 1963 1964 1965 1966 1967 1968 1969/1 A. Consuiition &cpenditure 55,025 6o,760 66,871 72,731 32,562 90,716 98.383 110,790 129,803 145,085 1. Private 43,267 47,666 52,093 o6,654 65,663 71,738 76,768 66,110 99,966 109,654 2. Goverterit 11,736 12,674 14,778 15,677 16,919 18,980 21,602 24,660 29,617 35,231 B. Gross Capital Formation 12,587 13,931 14,623 15,391 19,642 26,090 29,155 36,J52 43,148 50,162 1. Gross Fixed Capital Formation 10,361 11,349 11,623 13,335 14,672 19,09J 23,974 30,165 37,130 43,971 (a) Private (5,451) (5,761) (6,012) (7,329) (9,056)(12,695) (15,339) (16,665) (22,556) (26,244) (b) Public Enterprises (3,472) (3,993) (3,936) (4,225) (3,601).(3,965) .(5,d9 (6,116) (10,586) (13,220) (c) Geroral Gove-rmneat (1,43d) (1,59)) (1,07 3) (1,761) (2,213() (2,41 (2,7 ( 3,364) (3,956)( 4,>07) 2. Increase in Stock 2,226 2,562 3,000 2,056 4,770 7,000 5,1dl 5,667 6,01o 6,191 C. icports of Goods and Non-Factor Serdic=s 7,1)33 8,991 10,064 15,444 19,202 20,dO6 26,365 31,507 41,134 47,519 D. 'bpenditure on Total Availa- bility ( = A + B + C) 74,645 63,682 91,558 103,566 121,446 137,620 153,610 176,349 214,085 242,766 L less: Inports of Goods and Non- Factor Services 11,720 13,666 14,990 15,919 18,812 24,493 27,035 34,132 46,650 50,960 F. Statistical Discrepancy -353 53 436 -367 -268 69 -692 -959 -2 -512 G. Yienditure on Gross Domestic Product ( = D - + F) 62,566 69,867 77,004 87,280 102,366 113,196 125,883 14 3,255 168,433 191,274 H. Net Factor Income from Rest of the World -5 -75 -122 -114 -157 -329 -329 -213 -456 -853 I. Ecpenditure on Gross National Product ( + H) 62,561 69,792 76,882 67,134 102,209 112,567 125, 554 143,045 167,975 19o0,421  TA<BLE 2.3 EXP7NDITU>.E ONt N'ATIONAL INCOME AT CURRENT U1,RKE7 PRICES (cont0) (Million NT dollars) 1960 1961 1962 1963 1964 1965 1966 1967 1968 1969/A J. Indirect Taxes IJet of Subsidies 7,696 8,4oo 10,512 11,109 11,227 149259 15,790 19,037 21L449 K. Provision for Consumption of Fixed Capital L,037 L,380 L,586 5,L22 6,417 7,049 7,797 8,789 10,290 L. National Income (= I - J - K) 50)9R28 57,012 61,52L 70,603 8),565 91,559 101,967 115,219 133,236 148,076 Preliminary. Source: DGBAS.  TABLE 2.4 -3ROSS FIXED CAPITAL FORMATION BY INDUSTRKAL ULE (Million NT dollars) 1960 1961 1962 1963 1964 1965 1966 1967 1968 1969LA A;riculture, Forestry and Fisheries 1,897 2,212 2X128 2,290 2,606 3,306 3,567 3,585 4,329 5,551 Mining and Quarrying 215 218 254 224 112 138 307 402 285 213 Manufpcturing .2p434 2,557 2,517 3,030 t1,604 5,68h 7,166 10,106 12,460 14,528 Construction 36 66 50 50 102 91 124 123 163 404 Electricity, Gas and "rater Supply 1,160 1,368 1,762 1,667 1,044 1,816 2,877 3,868 3,887 4,323 Transportation, Storage 2nd Corrniunication 1,851 1,952 1,826 2,095 2,421 3,260 L,282 4,707 5,972 7,736 Trade 385 401 552 688 897 1,050 1,197 1,555 2,129 1,794 Ownership of Dwellings 1,L14 1,269 1,250 1,887 1,424 1,861 2,313 3,316 14,561 4,804 Public Administration 754 871 803 755 963 1,035 1,060 1,335 1,931 2,695 Other Services/2 215 435 481 609 699 849 1,081 1,188 1,413 1,923 Total 10,3 1 049 11,623 13,335 14,872 19,090 23,974 30,185 37,130 43,971 A Preliminary. /2 Including banking, insurance, repl estate and other services. Source: DGBAS   TABLE 3.1 VALUE OF PRINCIPAL EXPORTS Ainount (iii mioin-S uo -rs7 I 1956 1960 1964 1967 1968 1969 Industrial Products 17.4 58.9 206.7 4053 557.8 805r6 Textiles, Fibers & Products 301 21.3 61.2 121.0 203.5 294.5 Metals & Machinery 4.4 9.4 31.2 77.7 145.6 223e5 Plywood, Lumber & Lumber Products 0.8 5.7 41.8 63.7 86,0 107.0 Chemicals 1.1 7.3 23.4 52.5 26.4 38.0 Cement & Building Materials - 2.3 17.7 28.6 16.8 11.5 Others 8.0 12.9 31.14 61.8 79.5 130,2 Processed Agricultural Products 93.4 95.1 187.4 145.9 164.0 173.3 Sugar 76.1 714.4 135.4 43.7 50.8 48.C Canned Mshrooms - 0.2 15.8 32.7 30.7 32.3 Canned Asparagus - - 0.4 24.0 19.0 20.7 Canned Pineapples 6.1 805 13.9 19.3 33.1 31.6 Tea 5.1 6.3 814 12.4 11.7 13; CitronelLa Oil 5.1 '3.4 4.9 0.9 1.7 2.1 Others 1.0 2.3 8.6 12.9 17.0 25.0 Agicultursal Products 19.3 20.2 75.4 123.9 120.0 131.7 Bananas 3.1 71.2 33.4 63.7 57.2 5909 Rice 12.8 14.3 18.0 21.2 13.9 4.1 Vegetable3s 0.3 1.0 6.5 11.3 12.2 12.1 Others 3.1 7.7 17.5 27.7 36.7 56.3 Total (over all) 130.6 1714.2 46945 675.1 841.8 1110.6 Total (foreign exchange settlement only) 130.1 169,9 463.1 649.9 776.1 1046,)6  Table 3.1 (continued) COMPOSITION (%) 1956 1960 196l 1967 1968 1969 Inustial Products R , l44.0 60.0 66.3 72.5 Textiles0 Fiborp, & Products 2.l4 12.2 13.0 17.9 240.3 26.6 Metals & kbc-lnery 3.i 5.4 6.6 )2.5 17.3 20.1 Plywood Lumber.& Lumber Products 0.6 3,3 8,9 9.4 10.2 9.7 Chemicals 0.8 4.2 5.0 7.8 3.1 3.4 Cement & Building Meterial - 1.3 3.8 h.2 2.0 10 Others 6.2 7.4 6.7 9-%2 904 l1.? Processed Agricultural Products _71. 8 54.6 39.9 2X6 1.9.4 15 .6 Sugar 58.5 42.8 28.8 6.5 6.0 4.3 Canmed Mushrooms - - 3.4 4.8 3.6 2.9 Canned Asparagpu - - Ol 3.6 2.3 1.9 Canned Pineapples 4.7 4.9 3.0 2.9 3.9 2.8 Tea 3.9 3,6 1.8 1.8 l.i 1.2 Citronella Oil 3,9 2.0 100 0.1 0,2 0.2 Others 008 1.3 1.8 1.9 2.0 2.3 Agrictural Products l4.8 11.6 16.. 1804 1l4.3 119 Bananas 2.4 40i 7.1 9.5 6.8 5.3 Rice 9,8 2.5 3,8 3,1 1.7 0,4 Vegetables 0.2 o.6 1.4 1.6 1.4 11 Others 2.4 644 307 4.2 4.4 5.1 Total (over all) 100l 0 100.0 100.0 100.0 100.0 100.0 Total (foreign exchange settlement only) LV0 169.9 h63.1 649.9 776.1 1046.6  TABLE 32: EXPORTS BY REGIONS AND BY COUNTRIES OF DESTINATION -/ 1956 1960 1964 1966 1967 1968 1969 A. Amounts (in million US$) Asia 107.7 131.9 302.0 345.5 358.9 354.7 U5.5 North America 6.4 21.4 93.6 126.8 168.5 273.3 3?0T.,O Europe 7.3 10,8 33,8 58.8 75.7 84.3 1 O.0 Africa 7.9 4.0 1c,6 19.8 21.3 21.1 31,7 Oceania 02 0.4 4,6 6.7 8.6 12.7 17^7 Central & South America 0.6 0.1 3.5 3.1 5.0 8.3 108. Others _ 1.3 5.0 8.7 11.9 21.7 41.5 Total 130.1 169.9 1463.1 569.4 649.9 776.1 10,o16.6 USA 6.3 21.2 84.0 111.9 147.5 239.4 3:)12 Japan 46.1 63.5 1440.1 141.7 126.5 141.3 171.0 Vietnam 2.7 3.2 38.2 89.7 74.4 37.0 Hongkong 9.4 19.6 33.1.- 33.7 48.0 66.8 87.8 Fed. Republic of Germany 2.4 4.0 18.1. 31.4 40.3 49.9 53.3 Thailand 2.2 3.7 15..7 17.7 25.7 26.5 29-4 Malaysia & Singapore 12.6 12.7 20.6 14.5 23.4 34.14 J{I4 Canada 0.1 1.5 9,.6 14.9 21.0 33.8 38,8 Korea, Republic of 6.8 7.1 6.14 12.5 20.1 14.8 'Q2. Netherlands 0.4 1.2 7.3 9.2 12.4 10.3 13.8 Morocco 0.8 1.3 3..0 11.3 10.3 3.4 3.0 Philippines 0.2 1.8 8.5- 8.8 9.8 14.6 17.2 Ryukyus 0.5 2.8 4.3 6.2 7.9 8.4 8 Iran 13.2 9.9 21.2 6.6 6.2 7.3 e) B. La Percentages Asia 82.8 77.6 65.2 60.6 55.2 45.7 42.5 North America 4.9 12.6 20.2 22.3 25.9 35.2 3l . Europe 5.6 6.4 8.4 10.3 11.7 10.9 10.5 Africa 6.1 2.4 3.4 3.5 3.3 2.7 30 uceania .2 .2 1.0 1.2 1.3 1.6 1.6 Central & South America .04 - 1.0 0.5 0.8 1.1 1.C Others - .8 .8 1.6 1.8 2.8 14.C- Total 100.0 100.0 100.0 100.0 100.0 100.0 100C. USA 14.8 12.5 18.1 19.7 22.7 30.8 33.7 Japan 35.5 37.3 30.2 24.9 19.5 18.2 16.3 Vietnam 2.1 1.9 8.3 15.8 U.5 4.8 5-L Hongkong 7.2 11.5 7.2 5.9 7.4 8.6 8.h. Fed. Republic of Germany 1.8 2.3 3.9 5.5 6.2 6.4 5.3. Thailand 1.7 2.2 3.4 3.1 4.0 3.14 2.8 Malaysia & Singapore 9.7 7.5 L.4 2;5 3.6 4.4 3.C Canada - 0.9 2.1 2.6 3.2 140 31 Korea, Republic of 5.3 4.2 1.4 2.2 3.1 1.9 1.8 Nletherlands; 0.3 0.7 1.6 1.6 1.9 1.3i 18 Morocco 0.6 0.8 0.6 2.0 1.6 0.4 C.3 Philippines: 0.2 1.1 1.8 1.6 1.5 1.9 16 Ryukyus 0.4 1.7 0.9 2.0 1.2 0.8 Iran 10.2 5.8 Ll.6 1.6 1.0 0 9 a/ Exchange settlement figures only Source: Board of Foreign Trade, Iinistry of Economic Afiiairs, Foreign Trade QC3rterly.   TABLE 3.3: VALUE OF PRINCIPAL IMPORTS A. Amounts (in millioIn US$) 1956 1960 19764 1967 1968 1969 Machinery &e Equipment 52.3 64e4 94.3 303.1 383.8 419.9 Machinery & Tools 35.1 35.7 53.1 181.9 135.9 156.6 Vehicles, Vessels & Parts 11.0 20.9 27.3 68.0 129.4 119.3 Electrical Materials 6.2 7.8 13.9 53.2 118.5 144.0 Agricultural & Industrial Raw Material 129.5 122.8 220.2 396.9 447.1 563.1 Ores & Metals 28.7 36.3 62.9 1241el 142v6 179.1 Raw Cotton 19.8 20e2 33.2 49.6 4185 53.2 Crude & Fuel Oil 18.2 11.1 19.1 39.0 30.5 38.8 Man-made Fiber & Products 4.6 4.7 16.4 35.9 82.6 108.1 Chemicals 6c8 7.7 15.9 38.0 21.7 37.3 Logs & Liumber 3.3 2,7 12.5 25.4 29.0 39.0 Chemical Fertilizers 21.2 15.6 9.5 7.4 9.3 7.8 Others 26.9 24.5 51.1 77.4 82.9a 99.80 Consumer Goods 46.4 65.0 95.9 147.5 195.0 221.8 Wheat & Flour 141 17.0 22.5 31.2 61.5 64.0 Beans & Peas 9.5 17.0 19.8 37.5 44.7 52.8 Pharmaceuticals 6.7 7.2 8.5 17.9 15.2 16.5 Others 16.1 23e8 45.1 60.9 73.6a 88.5c Total 228.2 252.2 410.14 847 *5 1025.9 1204.8  Table 3.3 (continued) B. Percentages 1956 1960 1964 1967 1968 1969 Machinery & Equipment 22.9 25.5 C 35) 8 37.4 34,9 Machinery & Tools 15.4 11.1 12.9 21.5 13.2 13.0 Vehicles, Vessels & Parts -4.8 8.3 6.7 8.0 12.6 9.9 Electrical Materials 2.7 3.1 3