Can Investment Help Overcome Inflation Despite Taiwan’s Economic Growth Advantage and Insufficient Salary Increase?

In December last year, the US financial magazine “Global Finance” released the world’s richest rankings for 2023, in which Taiwan ranked 14th. The per capita GDP is approximately $73,344 (about NT$2.28 million). This data not only surpasses Japan and South Korea but also outperforms most Western countries, including the United Kingdom, Germany, France, the Netherlands, Canada, Israel, and Belgium. In fact, this is based on another weighted economic indicator, “GDP per capita (PPP)” (GDP per capita, current prices), which calculates the per capita GDP of each country by incorporating purchasing power parity (PPP), intending to equalize the differences in currency values and basic living expenses among countries.