In 2023, the gross domestic product (GDP) of Shanghai municipality in China amounted to approximately 4.72 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 2023. 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.
One yuan equals approximately 0.14 U.S. dollars and 0.13 euros (as of March 2024).
Values apply to all districts of the Shanghai municipality as a whole, not only the urban areas of Shanghai city.
Figures for earlier years have been taken from the Shanghai Statistical Yearbook.
Values have been rounded.
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Shanghai Municipal Statistics Bureau. (March 21, 2024). Gross domestic product (GDP) of Shanghai municipality in China from 2013 to 2023 (in billion yuan) [Graph]. In Statista. Retrieved October 12, 2024, from https://www.statista.com/statistics/802355/china-gdp-of-shanghai/
Shanghai Municipal Statistics Bureau. "Gross domestic product (GDP) of Shanghai municipality in China from 2013 to 2023 (in billion yuan)." Chart. March 21, 2024. Statista. Accessed October 12, 2024. https://www.statista.com/statistics/802355/china-gdp-of-shanghai/
Shanghai Municipal Statistics Bureau. (2024). Gross domestic product (GDP) of Shanghai municipality in China from 2013 to 2023 (in billion yuan). Statista. Statista Inc.. Accessed: October 12, 2024. https://www.statista.com/statistics/802355/china-gdp-of-shanghai/
Shanghai Municipal Statistics Bureau. "Gross Domestic Product (Gdp) of Shanghai Municipality in China from 2013 to 2023 (in Billion Yuan)." Statista, Statista Inc., 21 Mar 2024, https://www.statista.com/statistics/802355/china-gdp-of-shanghai/
Shanghai Municipal Statistics Bureau, Gross domestic product (GDP) of Shanghai municipality in China from 2013 to 2023 (in billion yuan) Statista, https://www.statista.com/statistics/802355/china-gdp-of-shanghai/ (last visited October 12, 2024)
Gross domestic product (GDP) of Shanghai municipality in China from 2013 to 2023 (in billion yuan) [Graph], Shanghai Municipal Statistics Bureau, March 21, 2024. [Online]. Available: https://www.statista.com/statistics/802355/china-gdp-of-shanghai/