Economy of Kerala

Source	Ministry of Statistics and Programme Implementation
Date	08 Oct 2024

Top Statistics

IPL 2025

West Bengal Assembly election results

Top 10 largest economies by GDP

Sectorwise GDP of Kerala
	Sector	GVA (Rupees in Lakh) at current prices		GVA (Rupees in Lakh) at 2011-12 prices
	Sector	2023-24	% share	2023-24	% share
1	Primary Sector	10,225,092	9.97	4,968,569	8.78
1.1	Agriculture, forestry & fishing	9,879,945	9.63	4,696,411	8.30
1.11	Crops	3,954,063	3.85	2,537,776	4.49
1.12	Livestock	2,762,961	2.69	1,160,108	2.05
1.13	Forestry & logging	1,614,722	1.57	492,786	0.87
1.14	Fishing and aquaculture	1,548,199	1.51	505,741	0.89
1.2	Mining & quarrying	345,147	0.34	272,158	0.48
2	Secondary Sector	24,164,075	23.55	15,254,256	26.97
2.1	Manufacturing	8,097,126	7.89	6,513,445	11.52
2.2	Electricity, gas, water supply & other utility services	1,424,863	1.39	784,389	1.39
2.3	Construction	14,642,087	14.27	7,956,422	14.07
3	Tertairy Sector	68,215,184	66.48	36,341,477	64.25
3.1	Trade, repair, hotels and restaurants	22,637,516	22.06	11,322,336	20.02
3.11	Trade & repair services	20,739,677	20.21	10,371,048	18.33
3.12	Hotels & restaurants	1,897,839	1.85	951,288	1.68
3.2	Transport, storage, communication & services related to broadcasting	6,841,555	6.67	3,917,160	6.93
3.21	Railways	266,209	0.26	150,408	0.27
3.22	Road transport	4,131,416	4.03	2,352,155	4.16
3.23	Water transport	112,317	0.11	61,992	0.11
3.24	Air transport	104,347	0.10	57,171	0.10
3.25	Services incidental to transport	218,388	0.21	183,635	0.32
3.26	Storage	14,602	0.01	8,152	0.01
3.27	Communication & services related to broadcasting	1,994,276	1.94	1,103,646	1.95
3.3	Financial services	5,235,841	5.10	3,112,903	5.50
3.4	Real estate, ownership of dwelling & professional services	17,848,291	17.40	10,069,670	17.80
3.5	Public administration	3,910,467	3.81	1,947,924	3.44
3.6	Other services	11,741,514	11.44	5,971,483	10.56
	GVA at basic prices	102,604,351		56,564,302

GDP of Kerala
Year	At current prices (crore INR)				At 2011-12 prices (crore INR)
Year	GSDP	GSVA	NSDP	NSVA	GSDP	GSVA	NSDP	NSVA
2011-12	364,048	336,293	328,021	30,026,634	364,048	336,293	328,021	30,026,634
2012-13	412,313	381,283	371,384	34,035,399	387,693	356,355	348,616	31,727,708
2013-14	465,041	429,100	417,265	38,132,405	402,781	371,651	364,707	33,357,691
2014-15	512,564	471,809	460,614	41,985,947	419,956	385,870	382,134	34,804,833
2015-16	561,994	509,137	505,910	45,305,374	451,210	406,480	411,150	36,642,020
2016-17	634,886	570,248	570,591	50,595,255	485,302	435,371	443,615	39,368,483
2017-18	701,588	634,884	632,094	56,538,930	516,190	460,754	473,182	41,774,603
2018-19	788,286	696,182	712,161	62,005,801	554,228	480,226	510,787	43,678,466
2019-20	812,935	730,193	727,722	64,498,015	559,194	493,974	515,453	45,023,310
2020-21	771,724	685,793	680,798	59,486,744	511,703	444,982	464,052	39,733,160
2021-22	924,465	823,032	819,176	71,774,254	571,983	500,993	524,259	45,326,939
2022-23	1,023,602	916,148	902,408	79,495,442	596,237	527,630	545,990	47,738,277
2023-24	1,146,109	1,026,044	1,013,641	89,357,623	635,137	565,643	584,221	51,472,729

GDP per capita of Kerala
Year	Per capita at current prices (INR)		Per capita at 2011-12 prices (INR)
Year	GSDP	NSDP	GSDP	NSDP
2011-12	108,666	97,912	108,666	97,912
2012-13	122,471	110,314	115,158	103,551
2013-14	137,516	123,388	119,105	107,846
2014-15	150,823	135,537	123,573	112,444
2015-16	164,555	148,133	132,117	120,387
2016-17	184,979	166,246	141,397	129,251
2017-18	203,399	183,252	149,650	137,181
2018-19	227,397	205,437	159,878	147,347
2019-20	233,338	208,879	160,506	147,951
2020-21	220,400	194,432	146,140	132,531
2021-22	259,878	230,280	160,792	147,376
2022-23	286,595	252,662	166,938	152,870
2023-24	317,724	281,001	176,072	161,957

GDP Growth of Kerala
Year	Growth (%) at current prices (INR)		Growth (%) at 2011-12 prices (INR)
Year	GSDP	NSDP	GSDP	NSDP
2012-13	13.26	13.22	6.50	6.28
2013-14	12.79	12.35	3.89	4.62
2014-15	10.22	10.39	4.26	4.78
2015-16	9.64	9.83	7.44	7.59
2016-17	12.97	12.79	7.56	7.90
2017-18	10.51	10.78	6.36	6.66
2018-19	12.36	12.67	7.37	7.95
2019-20	3.13	2.19	0.90	0.91
2020-21	-5.07	-6.45	-8.49	-9.97
2021-22	19.79	20.33	11.78	12.97
2022-23	10.72	10.16	4.24	4.15
2023-24	11.97	12.33	6.52	7.00