Taipei, July 30 (CNA) The average annual income of Taiwanese men was NT$754,172 (US$23,245) in 2024, 1.54 times that of women at NT$489,894, marking the smallest gender income gap since 2016, according to a Ministry of Finance (MOF) report released Wednesday. By income source, the largest disparity was in income from professional practice, with men earning an average of NT$240,689 annually, 1.83 times the NT$131,237 earned by women. For salaries and wages, men earned an average of NT$839,609 a year, compared with NT$604,101 for women, or 1.39 times as much, the report showed. The male-to-female income ratio was first recorded at 1.57 in 2016. Separately, the report showed that Taiwan had 2,824 profit-seeking enterprises with capital exceeding NT$1 billion.