What is the GDP of Indian states?

What is the GDP of Indian states?

Richest and poorest states in India by GDP

• Maharashtra ₹28.18 lakh crore (US$400 billion) 2019-20.
• Tamil Nadu ₹19.43 lakh crore (US$270 billion) 2020–21[3]
• Uttar Pradesh ₹17.05 lakh crore (US$240 billion) 2020–21[3]
• Karnataka ₹16.65 lakh crore (US$230 billion) 2020–21.

Can we calculate GDP of a state in India?

India’s GDP Calculation Process The GDP in India is calculated using two different methods, leading to different figures that are nonetheless close in range. The first method is based on economic activity (at factor cost), and the second is based on expenditure (at market prices).

What is the GDP of India in 2021?

According to the statement, real GDP or Gross Domestic Product (GDP) at constant (2011-12) prices in 2021-22 is estimated to attain a level of Rs 147.72 trillion as against the first revised estimate of GDP for the year 2020-21 of Rs 135.58 trillion, released on January 31, 2022.

How is state GDP calculated?

The GDP by state dollar value is nec essarily measured by either the amount of expenditures on it, or by the amount of incomes earned by the factors of production in producing it. Theoretically, it should be an easy task determining the value added by the industries in the states.

What is today GDP of India?

Nominal (current) Gross Domestic Product (GDP) of India is $2,650,725,335,364 (USD) as of 2017.

What is GDP today?

Current-dollar GDP increased 10.0 percent, or $2.10 trillion, in 2021 to a level of $22.99 trillion, in contrast to a decrease of 2.2 percent, or $478.9 billion, in 2020 (tables 1 and 3).

Which is the 4th richest state in India?

List

Which is the 5th richest state in India?

So let’s start.

• Gujarat. Gujarat is the fifth richest state of India. Gujarat is a major contributor to developing India. Gujarat’s total GDP is more than 8 lakh crores. Which is why it is India’s fifth richest state.
• West Bengal. West Bengal is the fourth richest state in India. India TV.