Rank 2011: 9
Rank 2010: 9
GDP: 4.54 trillion yuan (US$702.92 billion)
Permanent population: 96.37 million
Shandong Province's GDP per capita rose from 41,106 yuan (US$6,072) to 47,139 yuan (US$7,298) in 2011. According to the Economist Magazine, Shandong's GDP per capita in 2010 was close to that of South Africa (at purchasing-power parity).
Shandong continued to take the 3rd spot in terms of GDP for the third consecutive year with 4.54 trillion yuan (US$702.92 billion), a 10.9 percent increase at comparable prices. In 2011, the province posted 22,792 yuan (US$3,529) in per capita disposable income of urban households and 8,342 yuan (US$1,292) in per capita net income of rural households, an increase of 14.3 percent and 19.3 percent respectively. Its GDP in 2011 exceeded that of Indonesia in 2010 at US$706.56 billion, which was ranked 18th in the world by the World Bank.