shenzhen gdp per capita
BEIJING, Sept. 24 (Xinhua) -- South China's metropolis of Shenzhen has seen its gross domestic product (GDP) grow 20.7 percent on average annually over the past 40 years, said Mayor Chen Rugui Thursday. The current metro area population of Shenzhen in 2021 is 12,592,000, a 1.9% increase from 2020. GDP per capita is often considered an indicator of a country's standard of living; however, this is problematic because GDP per capita is not a measure of personal income. The former British colony, home to 7.4 million people, reported per-capita GDP of $46,000 in 2017, among the highest in the world. GDP per capita figures are in USD for 2013. Comparisons of national income are also frequently made on the basis of purchasing power parity (PPP), to adjust for differences in the cost of living in different countries. The majority of these are in the south. Chart and table of population level and growth rate for the Shenzhen, China metro area from 1950 to 2021. According to this ranking, first tier cities like Beijing, Shanghai and Guangzhou are not even among the top 10 riches cities in China. GDP per capita in China averaged 1872.51 USD from 1960 until 2019, reaching an all time high of 8254.30 USD in 2019 and a record low of 132.10 USD in 1962. The Gross Domestic Product per capita in China was last recorded at 8254.30 US dollars in 2019. China’s CN: GDP: per Capita: Guangdong: Shenzhen data was reported at 189,568.000 RMB in Dec 2018. The per capita GDP is 203,489 yuan, showing an increase of 3%, converted into US$ 29,498 at the average exchange rate in 2019. Thanks to this policy, Shenzhen rapidly developed from being a fishing … GDP per capita: 203,000 RMB (31,800 USD) In 1980, under the reform and opening up policy, Shenzhen was appointed as a special economic zone in southern China for its favorable location. The city is undergoing high-quality development, with its GDP per capita reaching 30,000 U.S. dollars, Chen told a press conference in Beijing. China’s CN: GDP: per Capita: Guangdong: Shenzhen data is updated yearly, averaging 28,724.000 RMB from Dec 1979 to 2018, with 40 observations. The GDP per Capita in China is equivalent to 65 percent of the world's average. The added value of the primary industry accounted for 0.1% of the city’s GDP, while the secondary industry took up 39% and the tertiary industry 60.9%. Per capita GDP in Hong Kong in 2018 was HK$381,870, equal to around 322,000 yuan according to the annual average exchange rate, which was well above Shenzhen's 200,000 yuan. United Nations population projections are also included through the year 2035. Looking at Shenzhen's GDP growth powerfully demonstrates this: According to Xinhua, Shenzhen has seen its GDP grow 20.7 percent on average annually over the past 40 years with its GDP per capita starting at less than 1,000 U.S. dollars and reaching 30,000 dollars today. However, per capita GDP in Hong Kong in 2018 was HK$381,870, equal to around 322,000 yuan according to the annual average exchange rate, and remains above Shenzhen's 200,000 yuan. This records an increase from the previous number of 183,544.000 RMB for Dec 2017. While Karamay, a small city from Xinjiang Uygur Autonomous Region is the richest city in China, followed by … Of the 35 cities ranked, 17 reported over CNY30,000 (USD4,470) each in spending per head. China's top 10 cities for per capita consumption are Shanghai, Shenzhen, Beijing, Guangzhou, Hangzhou, Zhuhai, Foshan, Xiamen, Changsha and Dongguan.
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