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GSDP is the sum of all value added by industries within each state or union territory and serves as a counterpart to the national gross domestic product (GDP). [1] As of 2011 [update] , the Government accounted for about 21% of the GDP followed by agriculture with 21% and corporate sector at 12%.
This article presents the 50 U.S. states and the District of Columbia and their nominal GDP at current prices. The data source for the list is the Bureau of Economic Analysis (BEA) in 2024. The BEA defined GDP by state as "the sum of value added from all industries in the state." [1]
Many of the states of India have large GDP (called gross state product) which would rank highly on a list of countries by GDP. These figures are based on the World Bank list on List of countries by GDP (PPP) for world GDP, and the States of India by size of economy figures.
Indian States by GDP (Purchasing power parity) [1] Rank State/Union territory 2018-19 in Billion (USD) 1 Maharashtra: $1,353.831 2 Tamil Nadu: $820.652 3 Karnataka: $758.01 4 Gujarat: $738.039 5 Uttar Pradesh: $722.644 6 West Bengal: $561.150 7 Rajasthan: $469.068 8 Andhra Pradesh: $454.167 9 Telangana: $423.176 10 Madhya Pradesh: $408.822 11 ...
Uttar Pradesh is the most populous state in India with a population of nearly 240 million people. [6] The economy of Uttar Pradesh is the fourth largest among states in India. The gross state domestic product (GSDP) of Uttar Pradesh increased from Rs 22.58 lakh crore in 2022–2023 to Rs 25.48 lakh crore (US$310 billion) in 2023–2024. [7]
Stocks ended 2024 near record highs. Over the past 12 months, the Nasdaq Composite has rallied 30% and the S&P 500 has climbed over 24%.Meanwhile, the blue-chip Dow Jones has risen a more modest 13%.
This is a list of Indian states and union territories by their per capita Net state domestic product (NSDP). NSDP is the state counterpart to a country's Net domestic product (NDP), which equals the gross domestic product (GDP) minus depreciation on capital goods. [1] [2]
This state also has a small industrial sector. As of 2021, agriculture accounts for 24%, industry 15% and service 61% of the economy of the state. [11] For the 2002–2007 period, average growth rate of manufacturing in the state was 0.38%, against the national average of 7.8%. [12] Bihar has the lowest GDP per capita in India, but there are ...