Taipei City is located in the northern part of Taiwan, and is the political, economic, and cultural development center of the island. It has 12 administrative districts and, together with the neighboring New Taipei City and Keelung City, makes up the Greater Taipei Metropolitan Area. The total population of this area is over 7 million. Since Taipei has quite comprehensive infrastructure, a well-developed traffic network, and located in the heart of the Asia-Pacific region (3 hours flight to cities such as Shanghai, Seoul, and Tokyo), it is an important linkage to local markets of Japan, Korea, and the rising Asia-Pacific areas.
| Geographic information | Taipei City is located in northern Taiwan, at a longitude of 121.6 degrees and latitude of 24.9 degrees. |
|---|---|
| Area | 271.7997 km2 |
| Population | 2.50 million persons |
| Employed population | 1.17 million persons |
| Profit-seeking businesses | 237,978 |
| Revenue | NT$17.076trillion (2022) |
| Top five industries in revenue | Wholesale and retail, financial and insurance industry, transportation and storage industry, construction, ICT |
| Key new industries where investments are prioritized | MICE, tourism, biotechnology, cultural/creative, international health care, international cuisine, financial services, ICT, urban renewal, and green industry |
Publication Date：2026/7/7
Taipei, Taiwan’s political, economic, and cultural hub, is home to around 2.46 million people. Bordering New Taipei City and Keelung City, it forms the core of Northern Taiwan’s most vital metropolitan area. Thanks to its prime location, high quality of life, excellent public safety, and comprehensive infrastructure, spanning transportation, ICT, healthcare, and education, Taipei attracts multinational corporations, international financial institutions, and houses many foreign consulates and trade offices.
Situated at the heart of Asia-Pacific trade, the Taipei City Government has launched a “Smart City New Economy” initiative to facilitate a sustainable business environment. This strategy emphasizes digitalization, smartization, and greenization innovation, supported by three industry parks: the Nangang Software Park for IC design and digital content, the R&D-rich Neihu Technology Park, and the emerging Beitou-Shilin Technology Park. By integrating cutting-edge applications into urban management, marketing, tourism, transportation, healthcare, and education, Taipei has become a vibrant center of commerce and culture and consistently ranks highly in international city indexes.
With abundant capital, talent, and technology, Taipei’s industrial structure is formed by professional services and knowledge-based innovation. Priority sectors for investment include ICT, biotech, services, finance, cultural and creative industries, tourism, healthcare, international cuisine, green sustainability, and MICE (meetings, incentives, conferences, and exhibitions).
Over 3,650 foreign-invested enterprises are registered here, accounting for more than 70% of Taiwan’s total foreign investment. Leading R&D centers and headquarters cluster in Neihu and Nangang, making them national industry hubs. The city hosts multiple crucial academic institutions within Taiwan, including 23 universities and Academia Sinica, and over 80% of its workforce holds a tertiary degree, fueling ongoing innovation and entrepreneurial momentum.
Boasting a pleasant subtropical climate with an average annual temperature of 24 °C, Taipei offers both mountain and coastal scenery within an hour drive. Its rich history has fostered a multicultural, open-minded atmosphere. This combination of business opportunities, livability, educational resources, and career prospects has won acclaim from both locals and internationals alike.
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Nature |
Geographical Location |
North Taiwan, 25°02′N 121°38′E |
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Surface Area |
271.8 square km |
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Climate |
Tropical, monsoon climate, average annual temperature 24 degrees Celsius |
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People Economy |
Population |
2.43 million |
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Population Density |
8,940 persons per square kilometer |
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Population Structure |
0-14 years of age 12.13%, 15-64 years of age 64.31%, 65 years of age and above 23.56%. |
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Average Greenness |
55.85 square meters/person |
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Education Level |
90% has completed compulsory education, 82.16% of the workforce has completed tertiary education |
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Economy |
Workforce |
1.22 million persons |
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Employment by Sector |
Agriculture/forestry/fisheries/livestock 0.2%, heavy industry 16.5%, service industry 83.3% |
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Unemployment Rate |
3.36% |
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Average Disposable Household Income |
NT$1,059,757 |
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CPI (May 2025) |
110.02 |
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Annual GDP(2025) |
NT$7.5 Trillion |
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Top 5 Industries |
Real Estate Activities, Manufacturing, Financial and Insurance Activities, Public Administration and Defense, Human Health and Social Work Activities |
| Industrial Sector Total Revenue in 2026, Q1 | |||
|---|---|---|---|
| Sector | Revenue | Ratio | Top three industries |
| Primary industry | NT$2.8billion | 0.08% | 1.Wholesale and Retail Trade (43.29%) 2.Financial and Insurance Activities (15.17%) 3.Manufacturing (12.46%) |
| Secondary industry | NT$651.2 billion | 19.19% | |
| Tertiary industry | NT$2.7398 trillion | 80.73% | |
| Total | NT$3.3938 trillion | 100% | |
Source: Ministry of Finance, R.O.C.; Information Updated as of March 2026
| The Number of Businesses in Taipei City Across Three Economic Sectors in August 2026, Q1 | ||
|---|---|---|
| Business quantity | rate | |
| Primary sector | 3,017 | 1.23% |
| Secondary industrial sector | 55,243 | 22.57% |
| Tertiary sector | 186,555 | 76.2% |
| Total | 244,815 | 100.00% |
Source: Taipei City Office of Commerce; Information Updated as of March 2026
Notes:
Primary industry (agriculture, forestry, aquaculture, and animal husbandry) is primarily composed of quality agriculture.
Secondary industry (industry) consists mostly of urban light industry, urban service industry, and high-tech and technology-intensive industries.
Tertiary industry (services) includes mainly small and medium-sized business-related industries, finance, and other service-related industries.
| Chinese and foreign investments in 2025 | ||
|---|---|---|
| Number of Investments | Investment Amount | |
| 2025 | Foreign investors | Foreign investors |
| 1,512 (68.23%) | US$8.516 billion (74.75%) | |
In the Global Power City Index (GPCI) 2025, Taipei ranked 24th globally, with particularly strong performance in Environment (2nd) and Transportation and Accessibility (19th).
The IMD’s 2025 World Digital Competitiveness Ranking placed Taiwan 10th among 69 economies worldwide and 4th in Asia. Seven of Taiwan’s digital indicators rank in the global top three.
A.T. Kearney’s 2025 Global Cities Outlook, which evaluates cities on individual well-being, economic strength, innovation, and governance, ranked Taipei 26th worldwide.
IESE Business School’s 2024 Cities in Motion Index ranked Taipei 27th globally and 5th in the Asia-Pacific region.
The Heritage Foundation’s 2024 Index of Economic Freedom placed Taiwan 4th worldwide and 2nd in Asia-Pacific.
Arcadis’s 2024 Sustainable Cities Index assessed cities on People, Planet, and Profit across 28 indicators, ranking Taipei 62nd globally and 12th in Asia, outperforming Washington, Houston, and Kuala Lumpur, among others.
The 35th edition of the Global Financial Centres Index ranked Taipei 73rd globally and 19th in Asia
The only destination from Taiwan to be included.
The only destination from Taiwan to be included.
The only recipient from Taiwan to receive a Special Mention.
The only city from Taiwan to enter the global Top 100.
Ranked No. 2 globally in Economic & Business Competitiveness.
Neihu Technology Park and Nangang Software Park offer excellent infrastructure, functional advantages, and strong government support, attracting internationally renowned ICT companies to invest and establish operations. With a cluster of more than 5,500 companies, total revenue reaching NT$5.94 trillion, and a workforce of over 202,100 employees, these areas have become Taipei City’s most important technology R&D cluster and innovation engine.
Taipei City is a major hub for biotechnology and medical research in Taiwan. The city accounts for over 70% of the national biotechnology industry’s total revenue and more than 42% of its workforce. With Academia Sinica, multiple medical centers, and biotechnology-related academic departments, Taipei possesses abundant scientific research talent and has attracted hundreds of biotechnology companies to establish a presence.
Taipei City is home to numerous commercial districts and night markets, with diverse business models and vibrant commercial activities. The city has 65 high-density commercial areas, 51 shopping districts, and 17 night markets. Consumer services and the food and beverage industry continue to grow steadily.
According to the MEET TAIWAN survey, Taiwan’s MICE industry reached NT$51.7 billion in 2025. Exhibitions held in Taipei City accounted for 54.99% of the national total. Taipei offers the most comprehensive MICE hardware and software infrastructure in Taiwan, including 18 five-star hotels with meeting and exhibition spaces, Taipei World Trade Center Hall 1, Taipei Expo Park Expo Dome, Taipei International Convention Center, and Taipei Nangang Exhibition Center. The city’s exhibition space totals 113,000 square meters. With the future opening of the Nangang International Convention Center and the National Convention and Exhibition Center, Taipei will be able to provide even more abundant MICE capacity.
Taiwan has a sound and well-developed financial system. Approximately 80% of the nation’s financial institution headquarters and over 90% of venture capital companies are located in Taipei City, with a financial services workforce exceeding 100,000 people.
For more information: Invest Taipei Office
To promote industrial development, encourage innovation and investment, support small and medium-sized enterprises (SMEs), and enhance industrial competitiveness, the Taipei City Government has established the "Taipei City Industrial Development Self-Government Ordinance" and the "Project of Subsidies & Incentives for Taipei Industry." This program provides innovative subsidies for entrepreneurship, research and development, acceleration, branding, excellence in startups, and angel incubation. It also offers investment subsidies for rent, salaries, interest, and more, providing comprehensive support and resources for businesses in Taipei City.
The Taipei City incentive subsidies offer the following unique features:
For more information:SITI(Subsidies & Incentives for Taipei Industy)
Publication Date：2026/7/74+1 Industrial Park
For improving the business environment which creates a creative cradle, and supports the development of key industries, Taipei City Government builds up the R&D and HQ oriented technology industrial corridor. The 4+1 industrial park plan taken as the future industrial strategy, includes Nangang biotech cluster, Neihu Technology Park Version 2.0, Beitou Shilin Technology Park, Shezidao Eco-project and Innovation park of Yuanshan Expo venue. Through the shaping of the industrial clusters, Taipei City will create a complete industrial corridor and lead the overall industrial upgrading and transformation.
Strategic Goal:
For more information:Invest Taipei Office
Publication Date：2026/7/7
| Area | 271.8 square km | |
|---|---|---|
| Population | 2,439,507 | |
| Number of Companies | 182,443 | |
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