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According to the latest statistics released by the Karamay Bureau of statistics in 2024, the GDP of Karamay in 2019 was $14.1 billion, ranking 233rd among Chinese cities, with an economic growth rate of 1.44%. In 2018, Karamay's GDP was $13.9 billion, ranking 235th among Chinese cities, with an economic growth rate of 28.7%. In 2017, Karamay's GDP was $10.8 billion, ranking 258th among Chinese cities, with an economic growth rate of 14.89%. In 2016, Karamay's GDP was $9.4 billion, ranking 266th among Chinese cities, with an economic growth rate of -8.74%.
| Year | GDP | Primary Industry | Secondary Industry | Tertiary Industry |
|---|---|---|---|---|
| 2019 | $14.1 billion | $0.25 billion | $9.65 billion | $4.12 billion |
| 2018 | $13.9 billion | $0.08 billion | $10.1 billion | $3.68 billion |
| 2017 | $10.8 billion | $0.07 billion | $7.46 billion | $3.22 billion |
| 2016 | $9.4 billion | $0.08 billion | $6.52 billion | $2.77 billion |
| 2015 | $10.3 billion | $0.08 billion | $6.71 billion | $3.49 billion |
| 2014 | $14 billion | $0.09 billion | $10.54 billion | $3.34 billion |
| 2013 | $13.9 billion | $0.07 billion | $10.7 billion | $3.13 billion |
| 2012 | $13.4 billion | $0.08 billion | $11.71 billion | $1.51 billion |
| 2011 | $12.8 billion | $0.07 billion | $11.46 billion | $1.3 billion |
| 2010 | $10.8 billion | $0.05 billion | $9.69 billion | $1.05 billion |
| 2009 | $7.2 billion | $0.05 billion | $6.23 billion | $0.91 billion |
| 2008 | $9.7 billion | $0.04 billion | $8.79 billion | $0.83 billion |
| 2007 | $6.9 billion | $0.03 billion | $6.16 billion | $0.68 billion |
| 2006 | $6.1 billion | $0.03 billion | $5.4 billion | $0.59 billion |
| 2005 | $4.8 billion | $0.02 billion | $4.22 billion | $0.53 billion |
| 2004 | $3.7 billion | $0.01 billion | $3.18 billion | $0.44 billion |
| 2003 | $2.7 billion | $0.01 billion | $2.26 billion | $0.38 billion |
| 2002 | $2.1 billion | $0.01 billion | $1.74 billion | $0.34 billion |
| 2001 | $2.1 billion | $0.01 billion | $1.74 billion | $0.3 billion |
| 2000 | $1.7 billion | $0.01 billion | $1.42 billion | $0.26 billion |
| 1999 | $1.3 billion | $0.01 billion | $1.01 billion | $0.23 billion |
| 1998 | $1.2 billion | $0.01 billion | $0.86 billion | $0.23 billion |
| 1997 | $1.2 billion | $0.01 billion | $0.92 billion | $0.22 billion |
| 1996 | $1 billion | $0.01 billion | $0.75 billion | $0.19 billion |
| 1995 | $0.9 billion | $0.01 billion | $0.69 billion | $0.14 billion |
| 1994 | $0.8 billion | $0.01 billion | $0.58 billion | $0.13 billion |
| 1993 | $0.8 billion | $0.01 billion | $0.64 billion | $0.06 billion |
| 1992 | $0.6 billion | $0.01 billion | $0.53 billion | $0.05 billion |
| 1991 | $0.6 billion | $0.01 billion | $0.49 billion | $0.04 billion |
| 1990 | $0.4 billion | $0.01 billion | $0.35 billion | $0.04 billion |