During the past forty years and more, the economics in Taiwan have grown rapidly and staidly. It has been making the national income and the level of living life a huge upgrading there. As well as the income distribution has become more averagely and reasonably. That is why Taiwan is taken as a successful model for developing countries. The research objective of this study is to understand the relationship between the socioeconomic indicators and the dimensions of economic development. This study started with the related literatures and effected factors of economic development. Then collecting the statistic data and indicators that are from the Directorate-General of Budget, Accounting and Statistics, Executive Yuan, Department of Statistics, Ministry of Economic Affairs and Ministry of the Interior to construct the dimensions of economic development and its effected factors. The following work is using Factor Analysis to combine these socioeconomic indicators and form them to four main dimensions that including the Condition of Industrialization, Investment and Consumption, the Condition of Employment, Trading and Saving. Afterwards using the Multiple Linear Regression to find out the influence of these four socioeconomic dimensions against each dimension of economic development. Finally using the Canonical Correlation Analysis to find out the Canonical Weights and make the biggest correlation between the linear combination of socioeconomic dimensions and the linear combination of dimensions of economic development. The conclusions found in this study are: (1) Economic Growth Rate was effected mainly by the Trading and Saving, (2) Per Capita GNP was effected mainly by the Condition of Industrialization, (3) Ratio of Highest 5th¡¦s income to Lowest 5th¡¦s was effected mainly by the Condition of Employment and Trading and Saving. Therefore, this study suggests that to improve future economics based on ¡§knowledge¡¨ in order to increase international competitive ability and adapt the changes of industrial structure. Extending the national compulsory education and reforming the education system in order to improve the quality of manpower. In order to access the labor force soon, a policy encouraging the advanced courses on the job. Moreover, making use of resources in Taiwan to develop the tourist industries in order to increase employments.