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Gujarat also contributes around 20% share in India's industrial production and merchandise exports. Gujarat's gross state domestic product (GSDP) increased to Rs. 25.68 lakh crore in fiscal year 2023–24, surpassing Uttar Pradesh's GSDP of Rs. 25.48 lakh crore (US$310 billion). [16]
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%.
Expenditure State Budget (in crore rupees) FY Reference Andhra Pradesh ₹ 279,279 crore (US$32 billion) 2023-24 [1]Arunachal Pradesh ₹ 29,657 crore (US$3.4 billion) 2023-24
The gross domestic product of Ahmedabad metro was estimated at US$136.1 billion in 2023. [ 1 ] [ 2 ] Ahmedabad is the largest contributor to the GDP of Gujarat state, with an estimated US$68 billion as of 2017 [ 3 ] out of $227 billion, textile and clothing in Ahmedabad is one of the oldest industries.
According to state budget figures released in March 2022, there are 3,46,436 educated and 17,816 semi-literate unemployed youth in Gujarat that have been registered with various employment exchanges and the government of Gujarat was able to give jobs to only 0.35% of unemployed youth over the last 2 years.
The economy of Gujarat is the fifth-largest in India, with a gross state domestic product (GSDP) of ₹ 16.55 trillion (equivalent to ₹ 19 trillion or US$220 billion in 2023) and has the country's 10th-highest GSDP per capita of ₹ 215,000 (US$2,500). [6]
The Gujarat Legislative Assembly or Gujarat Vidhan Sabha is the unicameral legislature of the Indian state of Gujarat, in the state capital Gandhinagar. Presently, 182 members of the Legislative Assembly are directly elected from single-member constituencies (seats). It has a term of 5 years unless it is dissolved sooner. 13 constituencies are ...
Overall rank Rank by country Rank by Indian state Country/Indian state GDP – World: 128,824,669: 1 1 China 23,266,769 – European Union 21,818,726 2 2 United States ...