Economy, jobs and prices in Shanghai, China: official figures
The gross regional product (GRP, the regional equivalent of GDP) of Shanghai was 5.39 trillion yuan in 2024 (53,927 hundred million yuan at current prices), 9th highest of 31 provincial-level divisions.
How much of China's economy is Shanghai?
Shanghai produced 4.0% 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 Shanghai?
GRP per person in Shanghai was 217,140 yuan in 2024, 128% above the average of all 31 divisions combined (95,309 yuan). That is 2nd highest of 31 provincial-level divisions.
Source: National Bureau of Statistics of China · saved copyHow fast is the economy of Shanghai growing?
After adjusting for price changes, the economy of Shanghai grew by 5.0% in 2024 over 2023 (index 105.0 with the previous year at 100), 10th lowest of 31 for growth among the provincial-level divisions.
Source: National Bureau of Statistics of China · saved copyWhat are the main industries in Shanghai?
In 2024 the services (tertiary) sector made up 78.2% of the output of Shanghai, industry and construction (secondary) 21.6%, and farming, forestry and fishing (primary) 0.2%.
Source: National Bureau of Statistics of China · saved copyHow big is industry in Shanghai?
Industry (mining, manufacturing and utilities) added 1.09 trillion yuan to the economy of Shanghai in 2024, 20.2% of GRP; construction added 89.3 billion yuan (1.7%).
Source: National Bureau of Statistics of China · saved copyHow big is trade and transport in Shanghai?
Wholesale and retail trade added 659.0 billion yuan (12.2% of GRP) and transport, storage and post added 200.3 billion yuan (3.7%) in Shanghai in 2024.
Source: National Bureau of Statistics of China · saved copyHow big is the financial sector in Shanghai?
Financial intermediation added 807.3 billion yuan in Shanghai in 2024 (15.0% of GRP) and real estate added 558.4 billion yuan (10.4%).
Source: National Bureau of Statistics of China · saved copyHow important is farming in Shanghai?
Agriculture, forestry, animal husbandry and fishery added 10.6 billion yuan to the economy of Shanghai in 2024 (0.2% of GRP).
Source: National Bureau of Statistics of China · saved copyWhat is the average income in Shanghai?
Per capita disposable income of households in Shanghai was 88,366 yuan in 2024, 114% above the national average (41,314 yuan) and the 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 Shanghai?
Per capita disposable income in Shanghai rose from 69,442 yuan in 2019 to 88,366 yuan in 2024, an increase of 27% 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 Shanghai since 2018?
Per capita disposable income in Shanghai was 64,183 yuan in 2018, 78,027 yuan in 2021 and 88,366 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 Shanghai compares with other municipalities
GDP per person (GRP per capita) (2024)
Shanghai ranks 2 of 31, highest first. Gross regional product per person, yuan, current prices
| Rank | Region | GDP per person (GRP per capita) |
|---|---|---|
| 1 | Beijing | 228,167 yuan |
| 2 | Shanghai | 217,140 yuan |
| 3 | Jiangsu | 160,694 yuan |
| 4 | Fujian | 137,920 yuan |
| 5 | Zhejiang | 135,565 yuan |
| 6 | Tianjin | 132,143 yuan |
| 7 | Guangdong | 111,146 yuan |
Real economic growth (2024)
Shanghai ranks 22 of 31, highest first. Growth in GRP at constant prices, 2024 over 2023
| Rank | Region | Real economic growth |
|---|---|---|
| 19 | Liaoning | 5.1% |
| 20 | Jiangxi | 5.1% |
| 21 | Henan | 5.1% |
| 22 | Shanghai | 5.0% |
| 23 | Hunan | 4.8% |
| 24 | Jilin | 4.3% |
| 25 | Guangxi | 4.2% |
Disposable income per person (2024)
Shanghai ranks 1 of 31, highest first. Per capita disposable income of households, yuan
| Rank | Region | Disposable income per person |
|---|---|---|
| 1 | Shanghai | 88,366 yuan |
| 2 | Beijing | 85,415 yuan |
| 3 | Zhejiang | 67,013 yuan |
| 4 | Xinjiang | 66,806 yuan |
| 5 | Jiangsu | 55,415 yuan |
| 6 | Tianjin | 53,581 yuan |
| 7 | Guangdong | 51,474 yuan |
More on Shanghai: 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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