Taiwan’s Average Annual Income Reaches Record High in 2025

Taipei: Taiwan's average annual personal income surged to a record NT$763,000 (US$23,856) in 2025, with earnings increasing across all age groups driven by robust economic growth, the Directorate General of Budget, Accounting and Statistics (DGBAS) announced Friday. According to Focus Taiwan, the DGBAS' survey of household income highlighted that individuals under 30 earned an average of NT$587,000, marking a 5 percent rise from NT$559,000 in 2024. Those aged 30-34 reported an average annual income of NT$770,000, while those in the 35-39 age bracket earned NT$860,000. For ages 40-44, the income was NT$959,000, and NT$886,000 for those aged 55-64. The highest average income was reported among the 45-54 age group, who earned NT$982,000, reflecting a 4.03 percent increase from the previous year. Meanwhile, individuals aged 65 and older had the lowest income at NT$502,000, up 2.03 percent year-on-year, as per the survey. DGBAS Counselor Lee Chia-hang attributed the rise in incomes to continued economic growth, a stable labor market, reduced unemployment, and increases in the minimum wage. However, income growth was more pronounced among the highest-income households compared to the lowest-income group. The survey also revealed that average household disposable income rose 3.9 percent year-on-year to a record NT$1.21 million in 2025, with the median increasing 3.4 percent to NT$1.018 million. Adjusting for household size, the average per capita disposable income grew 7.4 percent to NT$450,000, while the median rose 3.2 percent to NT$367,000. Regionally, Hsinchu City retained the highest average household disposable income at NT$1.604 million, a 6.7 percent increase from a year prior. Hsinchu County climbed to the second position with NT$1.569 million, surpassing Taipei, where the figure was NT$1.554 million. The DGBAS credited the robust performance in the Hsinchu area to its concentration of high-tech industries, especially around the Hsinchu Science Park, which has benefited from expanding business opportunities in artificial intelligence. Among Taiwan's six special municipalities, Taipei, New Taipei, Taoyuan, and Taichung recorded average household disposable incomes above the national average, while Tainan and Kaohsiung were below the average at NT$1.044 million and NT$1.206 million, respectively. The survey further indicated that average household consumption expenditure increased by 3.6 percent year-on-year to NT$920,000, and average household savings rose by 4.9 percent to NT$290,000.