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GDP of Indian States 2023-24, Per Capita GDP, Highest and Lowest GDP State

Uttar Pradesh state become 2nd largest Economy in India

Uttar Pradesh has recently surpassed Tamil Nadu to become the second-largest economy in India as per a report by prominent online blogging platform soic.in, which keeps track of investments and the stock market. This is a remarkable achievement for the UP state, marking a significant step forward in its economic development journey. UP has also surged from 14th to 2nd place in the Ease of Doing Business Ranking.

Key Factors Driving Uttar Pradesh’s Economic Growth

  • Focus on infrastructure development: The state government has been actively investing in infrastructure projects like roads, highways, railways, and airports, improving connectivity and attracting businesses.
  • Industrial promotion: Uttar Pradesh has implemented various policies and initiatives to attract investments in sectors like manufacturing, food processing, pharmaceuticals, and textiles. This has led to the establishment of several industrial clusters and Special Economic Zones (SEZs).
  • Skill development: The state government is focusing on skilling its workforce to meet the demands of the growing industries. This is being done through various training programs and skill development initiatives.
  • Tourism promotion: Uttar Pradesh is rich in historical and cultural heritage, with Taj Mahal being a prime example. The state government is actively promoting tourism, which is creating jobs and boosting the local economy.

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GDP of Indian States 2023-24

India is a diverse country with different states having varying levels of economic development. The GDP of Indian states is a dynamic and ever-changing landscape, with some states witnessing rapid growth while others face challenges. Top 3 Largest Economies (as of Q2 FY 2023-24, provisional estimates):

  1. Maharashtra: ₹32.39 lakh crore
  2. Uttar Pradesh: ₹29.53 lakh crore (Recent surge, surpassing Tamil Nadu)
  3. Tamil Nadu: ₹28.51 lakh crore

GDP of India as per Economic Survey 2022-23

The Economic Survey 2022-23 predicts that India’s GDP Growth Rate is expected to be between 6.0% to 6.8% in 2023-24, subject to the trajectory of global economic and political developments.

Highest GDP Indian States 2023-24

The total nominal GDP of India for Q2 FY 2023-24 is estimated to be ₹322.39 lakh crore. These percentages show the relative contribution of each state to the national economy. Some states, like Uttar Pradesh and Andhra Pradesh, are experiencing fast GDP growth rates, potentially causing their percentage share to increase in the future. Here’s a breakdown of the nominal GDP of Indian states as a percentage of the total Indian GDP, based on provisional estimates for Q2 FY 2023-24 (latest available data).

  1. Maharashtra: 15.7%
  2. Uttar Pradesh: 9.2% (Recent surge, surpassing Tamil Nadu)
  3. Tamil Nadu: 9.1%
  4. Gujarat: 8.2%
  5. West Bengal: 7.5%
  6. Karnataka: 6.2%
  7. Rajasthan: 5.5%
  8. Andhra Pradesh: 4.9%
  9. Madhya Pradesh: 4.6%

GDP of India Statewise

Here is a compilation of the Net State Domestic Product at Current Prices (2011-12 Series) categorized by states. Check the complete GDP of India Statewise in the given table:

S. No State 2019-20 2020-21 2021-22
1 Andhra Pradesh 874402 917920 1085625
2 Arunachal Pradesh 27536 29354 NA
3 Assam 311031 303016 NA
4 Bihar 533234 533583 614431
5 Chhattisgarh 307995 312532 NA
6 Goa 67354 67075 NA
7 Gujarat 1437478 1459229 NA
8 Haryana 687996 683810 808030
9 Himachal Pradesh 136083 135190 150866
10 Jharkhand 282924 271839 304903
11 Karnataka 1467522 1575400 1870429
12 Kerala 742223 718034 811517
13 Madhya Pradesh 854702 881530 1061297
14 Maharashtra 2408482 2393953 NA
15 Manipur 28353 30866 NA
16 Meghalaya 31222 30791 33690
17 Mizoram 18437 17463 NA
18 Nagaland 26528 26923 NA
19 Odisha 467925 462358 571793
20 Punjab 478916 471074 516142
21 Rajasthan 898081 914262 1078903
22 Sikkim 27522 27778 32133
23 Tamil Nadu 1564831 1617931 1845519
24 Telangana 864105 868926 1041617
25 Tripura 48728 48527 57589
26 Uttar Pradesh 1494889 1425330 1614798
27 Uttarakhand 211374 207289 225097
28 West Bengal 1100651 1186857 NA
29 Andaman & Nicobar Islands 8742 NA NA
30 Chandigarh 38934 35216 NA
31 Delhi 713549 702519 836162
32 Jammu & Kashmir-U.T. 135139 137397 162926
33 Puducherry 33266 32006 33806

GDP of Indian States Per Capita

Here is a list of the per capita GDP of Indian States based on the Per Capita Net State Domestic Product at Current Prices (2011-12 Series).

S. No State 2019-20 2020-21 2021-22
1 Andhra Pradesh 169320 176707 207771
2 Arunachal Pradesh 182240 192360 NA
3 Assam 90123 86857 NA
4 Bihar 44230 43605 49470
5 Chhattisgarh 105089 104943 NA
6 Goa 435949 431351 NA
7 Gujarat 212428 212821 NA
8 Haryana 240507 235707 274635
9 Himachal Pradesh 185728 183333 201854
10 Jharkhand 75016 71071 78660
11 Karnataka 222002 236451 278786
12 Kerala 213041 205067 230601
13 Madhya Pradesh 103103 104894 124685
14 Maharashtra 196100 193121 NA
15 Manipur 82437 87832 NA
16 Meghalaya 87653 84638 90638
17 Mizoram 153902 144394 NA
18 Nagaland 122759 123385 NA
19 Odisha 103512 101501 124669
20 Punjab 154385 149894 162112
21 Rajasthan 115356 115933 135218
22 Sikkim 412627 412754 472543
23 Tamil Nadu 206165 212174 241131
24 Telangana 231378 231103 275443
25 Tripura 121456 119789 140803
26 Uttar Pradesh 65666 61666 68810
27 Uttarakhand 188441 182698 196282
28 West Bengal 113163 121267 NA
29 Andaman & Nicobar Islands 219653 NA NA
30 Chandigarh 328002 292977 NA
31 Delhi 356151 344136 401982
32 Jammu & Kashmir-U.T. 101891 102803 121000
33 Puducherry 217138 206888 214913

Highest GDP State in India

Maharashtra is the highest GDP state of India with a contribution of about 15.7% to India’s overall GDP. The state’s economy is diverse and has a strong presence in sectors like manufacturing, finance, and services. Its capital city, Mumbai, is the financial capital of India and home to several prominent financial institutions and industries.

Maharashtra has also attracted significant foreign investment and has a robust infrastructure network, which has contributed to its economic growth. The state government has implemented several policies and initiatives to promote business and investment, making it a popular destination for both domestic and international investors.

Lowest GDP State in India

Bihar is one of the lowest GDP states in India with a contribution of only about 3.1% to India’s overall GDP. The state has struggled with poverty, unemployment, and underdeveloped infrastructure, which has hindered its economic growth. The majority of the state’s population is engaged in agriculture, which is largely dependent on the monsoon season.

The Bihar state government has implemented several measures to promote economic development, including attracting investment, developing infrastructure, and promoting entrepreneurship. Despite the challenges, Bihar has shown some signs of improvement in recent years, with increased investment in sectors like manufacturing, tourism, and renewable energy.

GDP of Indian States Affecting Factors

The GDP of Indian states is influenced by a complex interplay of various factors. Understanding these factors can provide valuable insights into the economic landscape of different regions. Here are some key elements that affect state GDPs:

  • Factors such as natural resources, infrastructure, human capital, and government policies contribute to a state’s economic growth.
  • States with strong manufacturing, service, and financial sectors tend to have a higher GDP than those that rely primarily on agriculture.
  • GDP growth can also be influenced by external factors such as global economic and political developments.
  • The government plays a crucial role in promoting economic development through policies that encourage investment, entrepreneurship, and innovation.
  • Regional disparities in economic growth persist in India, with some states showing higher levels of development than others. Addressing these disparities remains a significant challenge for policymakers.

GDP of Indian States UPSC

GDP of Indian states is an important topic for the UPSC Syllabus as it is a significant indicator of a state’s economic development. The exam often includes questions related to the GDP of various Indian states, their contribution to the national GDP, and their comparative economic performance over time. Aspirants are expected to have a good understanding of the factors that contribute to the economic growth of a state, such as infrastructure, natural resources, human capital, and government policies. They should also be familiar with the regional disparities in economic development and the measures taken by the government to address them.

You can check out the official StudyIQ UPSC Online Coaching website to gain a better understanding of how to prepare effectively for the UPSC exam it also provides the opportunity to practice the UPSC Mock Test for Prelims, which can help you assess your level of preparedness for the exam.


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GDP of Indian States FAQs

Which state has highest GDP in India?

Maharashtra has the highest GDP among Indian states, contributing about 15.7% to India's overall GDP.

Which are the top 5 GDP per capita states in India?

Maharashtra, Uttar Pradesh, Tamil Nadu, Gujarat and West Bengal are among the top five GDP per capita states in India.

Which Indian state has fastest growing GDP?

Mizoram has the fastest growing GDP among Indian states. Based on recent (Q2 FY 2023-24) provisional estimates:

1. Mizoram: 7.9% growth rate (top among major states)
2. Uttar Pradesh: 7.5% growth rate (significant surge, surpassing national average)
3. Kerala: 7.3% growth rate (impressive growth in services sector)

Is Uttar Pradesh second largest economy in India?

As per the report of SOIC.in, Uttar Pradesh outpaces Tamil Nadu to become the 2nd largest economy in India with a GDP share of 9.2 percent after Maharashtra leads with a GDP share of 15.7 percent of the country's total GDP.

About the Author

I, Sakshi Gupta, am a content writer to empower students aiming for UPSC, PSC, and other competitive exams. My objective is to provide clear, concise, and informative content that caters to your exam preparation needs. I strive to make my content not only informative but also engaging, keeping you motivated throughout your journey!

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