Taiwan is considered to be a developed nation. The developmental stage of a nation is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality, and quality of life. As a developed nation, Taiwan is able to provide its citizens with social services like public education, healthcare, and law enforcement. Citizens of developed nations enjoy a high standard of living and longer life expectancies than citizens of developing nations. Each year, Taiwan exports around $305.8 billion and imports roughly $268.5 billion. 3.9% of population in the country are unemployed. The total number of unemployed people in Taiwan is 924,069. http://www.confiduss.com/en/jurisdictions/taiwan/economy/