India, a diverse nation comprising 28 states, seven union territories, and a national capital territory (NCT), is a dynamic player in the global economic landscape. While the GDP of India in 2024 has reached $3.94 trillion in 2024, the respective GDP of Indian states showcases a vibrant picture of growth and development across regions. By examining the GDP and per capita GDP of Indian states, we can gauge each state and territory"s economic performance and growth rate.
GDP of Indian States: Why Consider GDP and GDP Per Capita
GDP, or the gross domestic product, is a parameter to measure the value of all goods and services produced in a particular region. As for GDP per capita, it is a measure that represents the average economic output, or Gross Domestic Product (GDP), per person in a country. It is estimated by dividing the total GDP of a country by its population. Both these parameters gave an excellent notion of how much wealth the population holds in a particular region.
Therefore, a ranking by the GDP of Indian states is a good way to figure out our country"s richest and poorest states.
GDP of Indian States: Indian States Ranked by GDP
The Gross State Domestic Product (GSDP) and per capita GDP of Indian states provide insightful metrics that reflect the financial health and prosperity of the nation in a fiscal year. Let"s explore these figures and delve into the economic fabric of India.
