The per capita GDP contribution of Shanghai amounted to around ******* yuan in 2023, up from ******* yuan in the previous year. Shanghai is one of the largest cities in China. In terms of GDP, it was also the Chinese city with the largest GDP contribution, followed by Beijing and Shenzhen. Shanghai's economic development Shanghai’s GDP growth rate ranged at *** percent in 2023, slightly below the level of Chinese national GDP growth. As the leading city in the Yangtze River Delta Economic Zone, Shanghai is one of the most active cities for business and trade in China. While the share of the industrial sector in Shanghai’s GDP continues to shrink, the city’s economy is becoming increasingly reliant on the service sector. In 2013, the first free-trade zone in Mainland China was launched in Shanghai, making Shanghai play an essential role in China’s economic reforms. A friendlier investment environment, less tax burdens and a more open financial market for foreign companies were expected to be promoted there. Living in Shanghai Shanghai became world famous when it was recognized by the Europeans in the 19th century for its economic potential as an important harbor city. Today, it is still one of the most open and active cities in China. Migration from across China and other countries makes Shanghai a melting pot of different cultures, which can also be found in its diverse catering industry. In terms of housing prices, it’s one of the most expensive cities in China. Still, the colorful life and plentiful opportunities are attracting numerous young people to come to the city for study and work.

Gross Domestic Product (GDP): per Capita: Shanghai data was reported at 190,321.000 RMB in 2023. This records an increase from the previous number of 180,536.000 RMB for 2022. Gross Domestic Product (GDP): per Capita: Shanghai data is updated yearly, averaging 3,956.000 RMB from Dec 1949 (Median) to 2023, with 75 observations. The data reached an all-time high of 190,321.000 RMB in 2023 and a record low of 274.000 RMB in 1949. Gross Domestic Product (GDP): per Capita: Shanghai data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s National Accounts – Table CN.AA: Gross Domestic Product per Capita.

GDP: per Capita: Shanghai data was reported at 179,900.000 RMB in 2022. This records an increase from the previous number of 173,600.000 RMB for 2021. GDP: per Capita: Shanghai data is updated yearly, averaging 3,850.000 RMB from Dec 1949 (Median) to 2022, with 74 observations. The data reached an all-time high of 179,900.000 RMB in 2022 and a record low of 274.000 RMB in 1949. GDP: per Capita: Shanghai data remains active status in CEIC and is reported by Shanghai Municipal Bureau of Statistics. The data is categorized under China Premium Database’s National Accounts – Table CN.AE: Gross Domestic Product: Prefecture Level City: per Capita.

In 2023, the annual per capita gross domestic product (GDP) in different provinces, municipalities, and autonomous regions in China varied from approximately 200,300 yuan in Beijing municipality to roughly 47,900 yuan in Gansu province. The average national per capita GDP crossed the threshold of 10,000 U.S. dollars in 2019 and reached around 89,400 yuan in 2023. Regional economic differences in China The level of economic development varies considerably in different parts of China. Four major geographic and economic regions can be discerned in the country: The economically advanced coastal regions in the east, less developed regions in Northeast and Central China, and the developing regions in the west. This division has deep historical roots reflecting the geography of each region and their political past and present. Furthermore, regional economic development closely correlates with regional urbanization rates, which closely resembles the borders of the four main economic regions. Private income in different parts of China Breaking the average income figures further down by province, municipality, or autonomous region reveals that the average disposable income in Shanghai or Beijing is on average more than three times higher than in Tibet or Gansu province. In rural areas, average disposable income is often only between one third and one half of that in urban areas of the same region. Accordingly, consumer expenditure per capita in urban areas reaches the highest levels in Shanghai, Beijing, and the coastal regions of China.

In 2024, the real gross domestic product (GDP) of Shanghai municipality in China increased by around *** percent from the previous year. Shanghai is the most populous city in China and has the largest GDP of all Chinese cities. It is located in Eastern China on the southern estuary at the mouth of the Yangtze river. Development of GDP growth in Shanghai As a bridgehead to global markets and a forerunner in market opening, Shanghai experienced a decades long economic boom, which massively changed the shape of the city. Economic growth rates had double digits for more than two decades since 1992 and were well above the Chinese national average. This changed fundamentally with the global financial crisis. In 2008, the growth rate fell below ten percent and gradually declined thereafter. Growth rates now got closer to the national average of GDP growth. While the economic development in Shanghai has already reached a high level, other regions in China are catching up, and growth rates in many inland regions of China are now higher than in Shanghai. This is especially true on a city level, with many lower-tier cities experiencing higher growth rates than Shanghai. Sector distribution of GDP growth Upon closer examination of the distribution of GDP across economic sectors, it becomes obvious that the service sector of the economy exhibited the highest growth rates in most of the recent years. In 2024, services already accounted for more than ** percent of the value added to the GDP, which is far above the national average. In contrast, the industrial sector, which had once been of great importance to Shanghai's economy, is losing momentum and its share in total economic output is shrinking constantly. Financial intermediation and information industries were branches in the service sector that displayed the fastest growth rates in recent years.

The Gross Domestic Product per capita in China was last recorded at 22137.60 US dollars in 2023, when adjusted by purchasing power parity (PPP). The GDP per Capita, in China, when adjusted by Purchasing Power Parity is equivalent to 125 percent of the world's average. This dataset provides - China GDP per capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2024, the gross domestic product (GDP) of Shanghai municipality in China amounted to approximately 5.39 trillion yuan. Shanghai is the most populous city in China and has the largest GDP of all Chinese cities. It is located in Eastern China on the southern estuary at the mouth of the Yangtze river. Development of GDP in Shanghai The GDP of Shanghai has previously grown at a high pace, but economic development has gradually lost momentum over the years. GDP growth in Shanghai, which developed very close to national figures in recent years, ranged at 5.0 percent in 2024. From a sectoral point of view, the tertiary sector of the economy displayed the highest growth rates in most of the past years and services already account for more than 75 percent of the value added to the GDP. In contrast, the share of the industrial sector, which had once been of great importance to Shanghai, has been shrinking in most of the years. Branches in the service sector of the economy that experienced the fastest development were financial intermediation and information industries. Per capita GDP in Shanghai Set in relation to the population size of the city, the economic success of its inhabitants becomes apparent. Per capita GDP of Shanghai citizens exceeded 20,000 U.S. dollars on average for the first time in 2019, which is in the global middle field and well above the average in East Asia. However, when comparing it to other cities or regions, it has to be taken into account that the administrative area of Shanghai municipality is quite large and includes distant suburbs as well as villages on agrarian land. For this reason, Shanghai’s per capita GDP is quite high and only second to Beijing when it is compared on a provincial level in mainland China. However, when compared on a city level, with other Chinese cities often having smaller administrative areas not including distant suburbs, Shanghai’s per capita GDP ranks only within the leading 10 cities.

In 2024, the gross domestic product (GDP) per capita of Beijing municipality amounted to around ******* yuan, up from ******* yuan in 2015. Beijing is the capital city of China and after Shanghai the second largest city in the country. Per capita GDP development in Beijing Beijing saw an amazingly steady development of per capita GDP over the last decades, with nominal figures roughly doubling over the last ten years and exceeding ****** U.S. dollars for the first time in 2017. When compared on a national provincial and municipal level, Beijing displays the highest per capita GDP figures in China. From a city perspective, only very few Chinese cities indicate per capita GDP values on a comparable or higher level. Compared to other countries in the Asian Pacific region, Beijing’s per capita GDP is in the middle field and still considerably lower than the national average in developed East Asian countries. People’s income situation in Beijing As with per capita GDP, disposable income per person living in Beijing improved steadily over time. Real growth rates of disposable income slowed down in recent years but still indicated a robust positive development. Although overall consumer price inflation was consistently low in Beijing, prices for housing, child-related services, and eating out exploded over the years, leaving the impression for many lower income families that life in Beijing is no longer affordable.

GDP: Shanghai: Jingan data was reported at 284,603.000 RMB mn in 2023. This records an increase from the previous number of 262,797.000 RMB mn for 2022. GDP: Shanghai: Jingan data is updated yearly, averaging 170,368.000 RMB mn from Dec 2011 (Median) to 2023, with 13 observations. The data reached an all-time high of 284,603.000 RMB mn in 2023 and a record low of 58,299.000 RMB mn in 2011. GDP: Shanghai: Jingan data remains active status in CEIC and is reported by Shanghai Municipal Bureau of Statistics. The data is categorized under China Premium Database’s National Accounts – Table CN.AI: Gross Domestic Product: Municipality District.

GDP: Shanghai: Huangpu data was reported at 315,730.000 RMB mn in 2023. This records an increase from the previous number of 302,305.000 RMB mn for 2022. GDP: Shanghai: Huangpu data is updated yearly, averaging 210,444.000 RMB mn from Dec 2011 (Median) to 2023, with 13 observations. The data reached an all-time high of 315,730.000 RMB mn in 2023 and a record low of 129,157.000 RMB mn in 2011. GDP: Shanghai: Huangpu data remains active status in CEIC and is reported by Shanghai Municipal Bureau of Statistics. The data is categorized under China Premium Database’s National Accounts – Table CN.AI: Gross Domestic Product: Municipality District.

In 2023, Shanghai was the city with the largest GDP in China, reaching a value added of approximately 4.7 trillion yuan. The four Chinese first-tier cites Beijing, Shanghai, Shenzhen, and Guangzhou had by far the strongest economic performance. Development of Chinese cities Rapid urbanization and economic growth have reshaped all Chinese cities since the economic opening up of China. While the first-tier cities have overall benefitted most from this development, the last two decades have seen many second-tier cities catching up. For many years already, growth rates in Qingdao, Hangzhou, Changsha, and Zhengzhou have been higher than in Shanghai or Beijing.This development was driven by lower costs in smaller cities, a specialization of their economies, and political measures to support inland cities and ease the pressure on the largest municipalities. Today, per capita GDP in cities such as Suzhou, Nanjing, and Shenzhen is already higher than in Beijing or Shanghai. Future perspectives Competition between cities will further change China’s urban landscape in the future. Medium-sized cities that can provide an attractive economic environment have the potential to grow their economy at a faster pace, attract immigration, and further increase their relative importance. Cities that are losing their competitive edge, however, like Shenyang, Dalian, and other cities in the northeastern rustbelt, are increasingly confronted by economic stagnation and demographic decline.

In 2022, Shanghai had the highest gross domestic product (GDP) of all provincial capitals and municipalities in China, approximately 4.5 trillion yuan. Beijing followed second with around 4.2 trillion yuan. The GDP of Lhasa, capital city of Tibet, only amounted to around 74.8 billion yuan in 2022.

179.907 (Yuan) in 2022. Per Capita GDP is the ratio of the absolute value of GDP to the average population in that year, which is a measurement of each resident's economic contribution or value creation of his country or region.

GDP: by Expenditure: Gross Capital Formation: Gross Fixed Capital Formation: Shanghai data was reported at 1,637.584 RMB bn in 2021. This records an increase from the previous number of 1,509.245 RMB bn for 2020. GDP: by Expenditure: Gross Capital Formation: Gross Fixed Capital Formation: Shanghai data is updated yearly, averaging 186.890 RMB bn from Dec 1978 (Median) to 2021, with 44 observations. The data reached an all-time high of 1,637.584 RMB bn in 2021 and a record low of 3.169 RMB bn in 1978. GDP: by Expenditure: Gross Capital Formation: Gross Fixed Capital Formation: Shanghai data remains active status in CEIC and is reported by Shanghai Municipal Bureau of Statistics. The data is categorized under China Premium Database’s National Accounts – Table CN.AEZ: Gross Domestic Product: Prefecture Level City: Expenditure: Gross Capital Formation: Gross Fixed Capital Formation.

In 2023, the per capita gross domestic product (GDP) of the city of Suzhou in China amounted to around 190,600 yuan, according to preliminary data. Suzhou is a major city close to Shanghai. It is located in Jiangsu province in Eastern China.

GDP: Gross Capital Formation: Shanghai data was reported at 1,744.376 RMB bn in 2021. This records an increase from the previous number of 1,599.275 RMB bn for 2020. GDP: Gross Capital Formation: Shanghai data is updated yearly, averaging 20.863 RMB bn from Dec 1950 (Median) to 2021, with 72 observations. The data reached an all-time high of 1,744.376 RMB bn in 2021 and a record low of -0.207 RMB bn in 1962. GDP: Gross Capital Formation: Shanghai data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s National Accounts – Table CN.AA: Gross Domestic Product: Expenditure: by Province.

GDP: Gross Fixed Capital Formation: Shanghai data was reported at 1,637.584 RMB bn in 2021. This records an increase from the previous number of 1,509.245 RMB bn for 2020. GDP: Gross Fixed Capital Formation: Shanghai data is updated yearly, averaging 16.410 RMB bn from Dec 1952 (Median) to 2021, with 70 observations. The data reached an all-time high of 1,637.584 RMB bn in 2021 and a record low of 0.228 RMB bn in 1952. GDP: Gross Fixed Capital Formation: Shanghai data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s National Accounts – Table CN.AA: Gross Domestic Product: Expenditure: by Province.

In 2024, the average annual per capita disposable income of households in China amounted to approximately 41,300 yuan. Annual per capita income in Chinese saw a significant rise over the last decades and is still rising at a high pace. During the last ten years, per capita disposable income roughly doubled in China. Income distribution in China As an emerging economy, China faces a large number of development challenges, one of the most pressing issues being income inequality. The income gap between rural and urban areas has been stirring social unrest in China and poses a serious threat to the dogma of a “harmonious society” proclaimed by the communist party. In contrast to the disposable income of urban households, which reached around 54,200 yuan in 2024, that of rural households only amounted to around 23,100 yuan. Coinciding with the urban-rural income gap, income disparities between coastal and western regions in China have become apparent. As of 2023, households in Shanghai and Beijing displayed the highest average annual income of around 84,800 and 81,900 yuan respectively, followed by Zhejiang province with 63,800 yuan. Gansu, a province located in the West of China, had the lowest average annual per capita household income in China with merely 25,000 yuan. Income inequality in China The Gini coefficient is the most commonly used measure of income inequality. For China, the official Gini coefficient also indicates the astonishing inequality of income distribution in the country. Although the Gini coefficient has dropped from its high in 2008 at 49.1 points, it still ranged at a score of 46.5 points in 2023. The United Nations have set an index value of 40 as a warning level for serious inequality in a society.

30.633 (100 Million Yuan) in 2017. GDP by Expenditure Approach refers to the method of measuring the final results of production activities of a country (region) during a given period from the perspective of final uses. It includes final consumption expenditure, gross capital formation, and net export of goods and services. The formula for computation is.:GDP by expenditure approach = final consumption expenditure + gross capital formation + net export of goods and services

39,80 (% of GDP) in 2017. Capital Formation refers to the fixed assets acquired minus those disposed of and the change in inventory, including the total fixed assets formation and the increase in inventory. Capital Formation Rate counts as a share of GDP in %.