Taiwan is a place.
This article includes a list of countries by their forecasted estimated gross domestic product ( PPP ) . Countries are sorted by GDP PPP forecasted estimates from financial and statistical institutions in the limited period January-April 2017 , which are calculated at market or government official exchange rates . A one-party state , single-party state , one-party system , single-party system or one-party democracy is a type of state in which one political party has the right to form the government , usually based on the existing constitution . Taiwan . Taiwan is the 22nd-largest economy in the world , and its high-tech industry plays a key role in the global economy .