becoming increasingly open and the government moved towards privatization of government enterprises. Technological development led to the establishment of the Hsinchu Science Park in 1981. Investments in mainland China spurred cross-strait trade, decreasing Taiwan's dependence on the United States market. From 1981 to 1995, the economy grew at an annual rate of 7.52%, and the service sector became the largest sector at 51.67%, surpassing the industrial sector and becoming a major source of the economy's growth. International Trade is officially assisted by Taiwan External Trade Development Council. Because of the financial policy by the Central Bank of the Republic of China (Taiwan) and its entrepreneurial strengths, Taiwan suffered little from the financial crisis of 1997-1999 compared to other economies in the region. Data The following table shows the main economic indicators in 1980–2021 (with IMF staff estimates in 2021–2027). Inflation under 5% is in green. Economy by region Economic outlook As of 2021, the three highest paid sectors in Taiwan include telecommunication service, financial services and information service. The economy of Taiwan ranked the highest in Asia in the 2015 Global Entrepreneurship Index (GEI). With the technocracy-centered economic planning until 1987, real growth in GDP has averaged about 8% during the past three decades. Exports have grown since World War II, with inflation and unemployment staying low and foreign reserves being the world's fourth largest. Directorate-General of Budget, Accounting and Statistics and Ministry of Economic Affairs release major economic indicators of the economy of Taiwan. Taiwan now faces many of the same economic issues as other developed economies. With the prospect of continued relocation of labor-intensive industries to economies with cheaper workforces, such as in mainland China, the Philippines and Vietnam, Taiwan's future development will have to rely on further transformation to a high technology and service-oriented economy. In recent years, Taiwan has successfully diversified its trade markets, cutting its share of exports to the United States from 49% in 1984 to 20% in 2002. Taiwan's dependence on the United States should continue to decrease as its exports to Southeast Asia and mainland China grow and its efforts to develop European markets produce results. Taiwan's accession to the WTO and its desire to become an Asia-Pacific "regional operations center" are spurring further economic liberalization. The economy of Taiwan is facing economic marginalisation in the world economy de-internationalization and lower salaries. This results in human resource talents seeking career opportunities elsewhere.