Economy, jobs and prices in Zhejiang, China: official figures
The gross regional product (GRP, the regional equivalent of GDP) of Zhejiang was 9.01 trillion yuan in 2024 (90,131 hundred million yuan at current prices), 4th highest of 31 provincial-level divisions.
How much of China's economy is Zhejiang?
Zhejiang produced 6.7% 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 Zhejiang?
GRP per person in Zhejiang was 135,565 yuan in 2024, 42% above the average of all 31 divisions combined (95,309 yuan). That is 5th highest of 31 provincial-level divisions.
Source: National Bureau of Statistics of China · saved copyHow fast is the economy of Zhejiang growing?
After adjusting for price changes, the economy of Zhejiang grew by 5.5% in 2024 over 2023 (index 105.5 with the previous year at 100), joint 11th highest of 31 for growth among the provincial-level divisions.
Source: National Bureau of Statistics of China · saved copyWhat are the main industries in Zhejiang?
In 2024 the services (tertiary) sector made up 58.5% of the output of Zhejiang, industry and construction (secondary) 38.6%, and farming, forestry and fishing (primary) 2.9%.
Source: National Bureau of Statistics of China · saved copyHow big is industry in Zhejiang?
Industry (mining, manufacturing and utilities) added 3.01 trillion yuan to the economy of Zhejiang in 2024, 33.4% of GRP; construction added 487.7 billion yuan (5.4%).
Source: National Bureau of Statistics of China · saved copyHow big is trade and transport in Zhejiang?
Wholesale and retail trade added 1.19 trillion yuan (13.2% of GRP) and transport, storage and post added 288.0 billion yuan (3.2%) in Zhejiang in 2024.
Source: National Bureau of Statistics of China · saved copyHow big is the financial sector in Zhejiang?
Financial intermediation added 791.5 billion yuan in Zhejiang in 2024 (8.8% of GRP) and real estate added 652.7 billion yuan (7.2%).
Source: National Bureau of Statistics of China · saved copyHow important is farming in Zhejiang?
Agriculture, forestry, animal husbandry and fishery added 267.0 billion yuan to the economy of Zhejiang in 2024 (3.0% of GRP).
Source: National Bureau of Statistics of China · saved copyWhat is the average income in Zhejiang?
Per capita disposable income of households in Zhejiang was 67,013 yuan in 2024, 62% above the national average (41,314 yuan) and 3rd 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 Zhejiang?
Per capita disposable income in Zhejiang rose from 49,899 yuan in 2019 to 67,013 yuan in 2024, an increase of 34% 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 Zhejiang since 2018?
Per capita disposable income in Zhejiang was 45,840 yuan in 2018, 57,541 yuan in 2021 and 67,013 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 Zhejiang compares with other provinces
GDP per person (GRP per capita) (2024)
Zhejiang ranks 5 of 31, highest first. Gross regional product per person, yuan, current prices
| Rank | Region | GDP per person (GRP per capita) |
|---|---|---|
| 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 |
| 8 | Inner Mongolia | 110,011 yuan |
Real economic growth (2024)
Zhejiang ranks 11 of 31, highest first. Growth in GRP at constant prices, 2024 over 2023
| Rank | Region | Real economic growth |
|---|---|---|
| 8 | Shandong | 5.7% |
| 9 | Chongqing | 5.7% |
| 10 | Sichuan | 5.7% |
| 11 | Zhejiang | 5.5% |
| 12 | Fujian | 5.5% |
| 13 | Hebei | 5.4% |
| 14 | Ningxia | 5.4% |
Disposable income per person (2024)
Zhejiang ranks 3 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 Zhejiang: 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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