According to the latest statistical information released by the Shandong Bureau of statistics in 2024, in 2020, the city with the largest economic size in Shandong was Qingdao, with a GDP of $179.8 billion; the city with the second largest economic size was Jinan, with a GDP of $147 billion; the city with the third largest economic size was Yantai, with a GDP of $113.3 billion; the city with the fourth largest economic size was Weifang, with a GDP of $85.2 billion, Linyi ranks fifth in economic scale, with a GDP of $69.7 billion.
| Ranking | City | GDP |
|---|---|---|
| 1 | Qingdao | $179.8 billion |
| 2 | Jinan | $147 billion |
| 3 | Yantai | $113.3 billion |
| 4 | Weifang | $85.2 billion |
| 5 | Linyi | $69.7 billion |
| 6 | Jining | $65.2 billion |
| 7 | Zibo | $53.3 billion |
| 8 | HeZe | $50.5 billion |
| 9 | Dezhou | $44.7 billion |
| 10 | Weihai | $43.8 billion |
| 11 | Dongying | $43.3 billion |
| 12 | Tai'an | $40.1 billion |
| 13 | Binzhou | $36.4 billion |
| 14 | Liaocheng | $33.6 billion |
| 15 | Rizhao | $29.1 billion |
| 16 | Zaozhuang | $25.2 billion |