Economy, jobs and prices in Hubei, China: official figures
The gross regional product (GRP, the regional equivalent of GDP) of Hubei was 6.00 trillion yuan in 2024 (60,013 hundred million yuan at current prices), 7th highest of 31 provincial-level divisions.
How much of China's economy is Hubei?
Hubei produced 4.5% of the combined 2024 output of all 31 provincial-level divisions (134.03 trillion yuan).
Source: National Bureau of Statistics of China · saved copyWhat is the GDP per person in Hubei?
GRP per person in Hubei was 102,832 yuan in 2024, 8% above the average of all 31 divisions combined (95,309 yuan). That is 9th highest of 31 provincial-level divisions.
Source: National Bureau of Statistics of China · saved copyHow fast is the economy of Hubei growing?
After adjusting for price changes, the economy of Hubei grew by 5.8% in 2024 over 2023 (index 105.8 with the previous year at 100), joint 3rd highest of 31 for growth among the provincial-level divisions.
Source: National Bureau of Statistics of China · saved copyWhat are the main industries in Hubei?
In 2024 the services (tertiary) sector made up 54.9% of the output of Hubei, industry and construction (secondary) 35.9%, and farming, forestry and fishing (primary) 9.1%.
Source: National Bureau of Statistics of China · saved copyHow big is industry in Hubei?
Industry (mining, manufacturing and utilities) added 1.76 trillion yuan to the economy of Hubei in 2024, 29.3% of GRP; construction added 412.4 billion yuan (6.9%).
Source: National Bureau of Statistics of China · saved copyHow big is trade and transport in Hubei?
Wholesale and retail trade added 515.4 billion yuan (8.6% of GRP) and transport, storage and post added 311.9 billion yuan (5.2%) in Hubei in 2024.
Source: National Bureau of Statistics of China · saved copyHow big is the financial sector in Hubei?
Financial intermediation added 273.6 billion yuan in Hubei in 2024 (4.6% of GRP) and real estate added 375.9 billion yuan (6.3%).
Source: National Bureau of Statistics of China · saved copyHow important is farming in Hubei?
Agriculture, forestry, animal husbandry and fishery added 589.1 billion yuan to the economy of Hubei in 2024 (9.8% of GRP).
Source: National Bureau of Statistics of China · saved copyWhat is the average income in Hubei?
Per capita disposable income of households in Hubei was 36,947 yuan in 2024, 11% below the national average (41,314 yuan) and 14th highest of 31 provincial-level divisions. This is the income households have left to spend or save after tax and social contributions.
Source: National Bureau of Statistics of China · saved copyHow fast are incomes rising in Hubei?
Per capita disposable income in Hubei rose from 28,319 yuan in 2019 to 36,947 yuan in 2024, an increase of 30% in cash terms (nationally 34%). The yearbook figures are not adjusted for inflation.
Source: National Bureau of Statistics of China · saved copyHow much did income per person change in Hubei since 2018?
Per capita disposable income in Hubei was 25,815 yuan in 2018, 30,829 yuan in 2021 and 36,947 yuan in 2024; the national figures were 28,228 yuan, 35,128 yuan and 41,314 yuan.
Source: National Bureau of Statistics of China · saved copyHow Hubei compares with other provinces
GDP per person (GRP per capita) (2024)
Hubei ranks 9 of 31, highest first. Gross regional product per person, yuan, current prices
| Rank | Region | GDP per person (GRP per capita) |
|---|---|---|
| 6 | Tianjin | 132,143 yuan |
| 7 | Guangdong | 111,146 yuan |
| 8 | Inner Mongolia | 110,011 yuan |
| 9 | Hubei | 102,832 yuan |
| 10 | Chongqing | 100,903 yuan |
| 11 | Shandong | 97,575 yuan |
| 12 | Shaanxi | 89,915 yuan |
Real economic growth (2024)
Hubei ranks 6 of 31, highest first. Growth in GRP at constant prices, 2024 over 2023
| Rank | Region | Real economic growth |
|---|---|---|
| 3 | Inner Mongolia | 5.8% |
| 4 | Jiangsu | 5.8% |
| 5 | Anhui | 5.8% |
| 6 | Hubei | 5.8% |
| 7 | Gansu | 5.8% |
| 8 | Shandong | 5.7% |
| 9 | Chongqing | 5.7% |
Disposable income per person (2024)
Hubei ranks 14 of 31, highest first. Per capita disposable income of households, yuan
| Rank | Region | Disposable income per person |
|---|---|---|
| 11 | Liaoning | 39,844 yuan |
| 12 | Chongqing | 39,713 yuan |
| 13 | Hunan | 37,679 yuan |
| 14 | Hubei | 36,947 yuan |
| 15 | Anhui | 36,782 yuan |
| 16 | Jiangxi | 36,007 yuan |
| 17 | Hainan | 34,829 yuan |
More on Hubei: overview · health · education and schools · poverty and living standards · government budget · China
Sources
- National Bureau of Statistics of China: China Statistical Yearbook 2025, Table 3-9: Gross Regional Product (2024), read 23 October 2026 · saved copy (SHA-256 a9264dcab644…)
- National Bureau of Statistics of China: China Statistical Yearbook 2025, Table 6-18: Per Capita Disposable Income of Households by Region, read 23 October 2026 · saved copy (SHA-256 5ecda4c527e6…)
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