The Industrial Development Bureau, MOEA (IDB; Chinese: 經濟部工業局; pinyin: Jīngjìbù Gōngyèjú) is the administrative agency of the Ministry of Economic Affairs of Republic of China. The economy of Taiwan has achieved Industrialized Economy (IE) status (which includes economies with adjusted manufacturing value added (MVA) per capita higher than $2,500 (PPP international dollars) or a gross domestic product per capita higher than $20,000 (international PPP)) as defined by UNIDO, and Taiwan is included in the UNIDO's Competitive Industrial Performance Index (CIP) and ranked 8th overall in UNIDO's Industrial Development Report among global economies in 2022.
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