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According to the latest statistics released by the Xiangyang Bureau of statistics in 2024, the GDP of Xiangyang in 2020 was $66.7 billion, ranking 49th among Chinese cities, with an economic growth rate of -3.89%. In 2019, Xiangyang's GDP was $69.4 billion, ranking 46th among Chinese cities, with an economic growth rate of 4.2%. In 2018, Xiangyang's GDP was $66.6 billion, ranking 49th among Chinese cities, with an economic growth rate of 10.08%. In 2017, Xiangyang's GDP was $60.5 billion, ranking 51st among Chinese cities, with an economic growth rate of 8.42%.
| Year | GDP | Primary Industry | Secondary Industry | Tertiary Industry |
|---|---|---|---|---|
| 2020 | $66.7 billion | - | - | - |
| 2019 | $69.4 billion | $6.47 billion | $33.56 billion | $29.31 billion |
| 2018 | $66.6 billion | $6.4 billion | $34.23 billion | $25.88 billion |
| 2017 | $60.5 billion | $6.87 billion | $31.96 billion | $21.66 billion |
| 2016 | $55.8 billion | $6.5 billion | $30.87 billion | $18.35 billion |
| 2015 | $55.3 billion | $6.57 billion | $31.42 billion | $17.27 billion |
| 2014 | $51.6 billion | $6.62 billion | $29.73 billion | $15.21 billion |
| 2013 | $45.9 billion | $6.29 billion | $26.24 billion | $13.29 billion |
| 2012 | $41.1 billion | $5.87 billion | $23.45 billion | $11.77 billion |
| 2011 | $34.2 billion | $4.67 billion | $19.47 billion | $9.98 billion |
| 2010 | $23.4 billion | $3.56 billion | $12.11 billion | $7.67 billion |
| 2009 | $18 billion | $3 billion | $8.61 billion | $6.37 billion |
| 2008 | $14.7 billion | $2.57 billion | $6.59 billion | $5.5 billion |
| 2007 | $10.5 billion | $1.87 billion | $4.57 billion | $4.05 billion |
| 2006 | $8.6 billion | $1.61 billion | $3.69 billion | $3.28 billion |
| 2005 | $7.1 billion | $1.48 billion | $2.83 billion | $2.77 billion |
| 2004 | $6.9 billion | $1.44 billion | $3.17 billion | $2.23 billion |
| 2003 | $6.2 billion | $1.31 billion | $2.86 billion | $1.98 billion |
| 2002 | $5.6 billion | $1.26 billion | $2.54 billion | $1.77 billion |
| 2001 | $5.6 billion | $1.25 billion | $2.64 billion | $1.62 billion |
| 2000 | $5.1 billion | $1.19 billion | $2.4 billion | $1.48 billion |
| 1999 | $4.8 billion | $1.21 billion | $2.21 billion | $1.34 billion |
| 1998 | $6 billion | $1.67 billion | $2.95 billion | $1.35 billion |
| 1997 | $5.7 billion | $1.66 billion | $2.76 billion | $1.2 billion |
| 1996 | $4.9 billion | $1.45 billion | $2.31 billion | $1.09 billion |
| 1995 | $4.1 billion | $1.25 billion | $1.91 billion | $0.93 billion |
| 1994 | $3.2 billion | $0.96 billion | $1.42 billion | $0.75 billion |
| 1993 | $2.3 billion | $0.79 billion | $0.9 billion | $0.54 billion |
| 1992 | $2 billion | $0.75 billion | $0.73 billion | $0.43 billion |
| 1991 | $1.7 billion | $0.75 billion | $0.57 billion | $0.36 billion |
| 1990 | $1.7 billion | $0.79 billion | $0.56 billion | $0.35 billion |