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Unit ( Billions of US dollars )
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According to the latest statistical data released by Qingdao and Ningbo Statistical Bureau in 2024, from 1990 to 2021, Qingdao's annual average GDP was $65.12 billion, with an average annual growth rate of 6.63%; Ningbo's annual average GDP was $59.78 billion, with an average annual growth rate of 6.67%. In 2020, the GDP difference between Qingdao and Ningbo was $0.1 billion, in 2019, the GDP difference between Qingdao and Ningbo was $3.5 billion, and in 2018, the GDP difference between Qingdao and Ningbo was $19.4 billion.
| Year | Qingdao GDP | Ningbo GDP | Difference |
|---|---|---|---|
| 2020 | $179.8 billion | $179.9 billion | $0.1 billion |
| 2019 | $169.2 billion | $172.7 billion | $3.5 billion |
| 2018 | $185.3 billion | $165.9 billion | $19.4 billion |
| 2017 | $164.3 billion | $146.5 billion | $17.8 billion |
| 2016 | $151 billion | $128.9 billion | $22.1 billion |
| 2015 | $152 billion | $131 billion | $21 billion |
| 2014 | $143.2 billion | $125.4 billion | $17.8 billion |
| 2013 | $130.5 billion | $116.2 billion | $14.3 billion |
| 2012 | $120 billion | $107.2 billion | $12.8 billion |
| 2011 | $105.9 billion | $96.2 billion | $9.7 billion |
| 2010 | $86 billion | $78.4 billion | $7.6 billion |
| 2009 | $72.7 billion | $64.9 billion | $7.8 billion |
| 2008 | $64.4 billion | $58 billion | $6.4 billion |
| 2007 | $50.6 billion | $45.9 billion | $4.7 billion |
| 2006 | $40.8 billion | $36.6 billion | $4.2 billion |
| 2005 | $33.4 billion | $30.4 billion | $3 billion |
| 2004 | $27.9 billion | $26.5 billion | $1.4 billion |
| 2003 | $21.8 billion | $21.9 billion | $0.1 billion |
| 2002 | $18.6 billion | $18.4 billion | $0.2 billion |
| 2001 | $16.1 billion | $16.1 billion | $0 billion |
| 2000 | $14.1 billion | $14.4 billion | $0.3 billion |
| 1999 | $12.1 billion | $12.7 billion | $0.6 billion |
| 1998 | $10.9 billion | $11.9 billion | $1 billion |
| 1997 | $9.8 billion | $11 billion | $1.2 billion |
| 1996 | $8.7 billion | $9.7 billion | $1 billion |
| 1995 | $7.8 billion | $7.8 billion | $0 billion |
| 1994 | $6.1 billion | $5.5 billion | $0.6 billion |
| 1993 | $4.8 billion | $4 billion | $0.8 billion |
| 1992 | $4 billion | $3.4 billion | $0.6 billion |
| 1991 | $3.5 billion | $3 billion | $0.5 billion |
| 1990 | $3.3 billion | $2.8 billion | $0.5 billion |