Economy, jobs and prices in Andaman and Nicobar Islands, India: official figures
Net state domestic product per person, the usual measure of average income, was ₹276,000 in 2023-24 at current prices; 11th highest of 33 with figures. Five years earlier it was ₹204,254, a rise of 35% before inflation.
How big is Andaman and Nicobar Islands's economy?
The union territory's economy (gross state domestic product) was worth ₹12,499 crore (₹125.0 billion) in 2023-24 at current prices, 4.4% more than a year earlier.
Source: Reserve Bank of India · saved copyWhat are the main industries in Andaman and Nicobar Islands?
In 2023-24 services made up 68.1% of the value added in Andaman and Nicobar Islands' economy, manufacturing 0.7% and crop farming 5.5%, at current prices.
Source: Reserve Bank of India · saved copyWhat is the unemployment rate in Andaman and Nicobar Islands?
Unemployment in Andaman and Nicobar Islands in 2023-24 was 10.6% in rural areas and 13.5% in towns and cities (usual status, Periodic Labour Force Survey); all-India: 2.5% rural and 5.1% urban. Urban unemployment was 3rd highest of 35.
Source: Reserve Bank of India · saved copyWhat is inflation in Andaman and Nicobar Islands?
Consumer prices in Andaman and Nicobar Islands rose 2.7% on average in 2024-25, and food and drink prices by 4.5% (all-India: 4.6%). Over the same year fuel and light prices fell 0.2% and urban housing costs rose 0.5%.
Source: Reserve Bank of India · saved copyDo banks lend in Andaman and Nicobar Islands?
Commercial banks in Andaman and Nicobar Islands held ₹8,549 crore of deposits at the end of March 2025, about ₹211,100 per resident, and had lent ₹4,485 crore: a credit-deposit ratio of 52.2% (all-India: 80.1%; 18th lowest of 36). A low ratio means local savings are mostly lent elsewhere.
Source: Reserve Bank of India · saved copyMore figures
- Andaman and Nicobar Islands produced 18,000 tonnes of milk in 2023-24, less than 0.01% of the national total. Source: Reserve Bank of India · saved copy
- Indian tourists made 0.71 million visits to Andaman and Nicobar Islands in 2024 (0.02% of all domestic tourist visits; 7th fewest of 36). Source: Reserve Bank of India · saved copy
- Electricity available per person was 1,015 kWh in 2024-25 (all-India: 1,208 kWh). Source: Reserve Bank of India · saved copy
- 25.2% of the electricity fed into Andaman and Nicobar Islands' grid was lost in transmission and distribution in 2022-23, through technical losses, theft and unbilled supply (all-India: 17.7%). Source: Reserve Bank of India · saved copy
- NITI Aayog scored Andaman and Nicobar Islands 70 out of 100 on the Sustainable Development Goals India Index in 2023; joint 15th lowest of 36. Source: Reserve Bank of India · saved copy
How Andaman and Nicobar Islands compares with other union territories
Urban unemployment rate (usual status) (2023-24)
Andaman and Nicobar Islands ranks 3 of 35, highest first.
| Rank | Region | Urban unemployment rate (usual status) |
|---|---|---|
| 1 | Meghalaya | 14.0% |
| 2 | Lakshadweep | 13.8% |
| 3 | Andaman and Nicobar Islands | 13.5% |
| 4 | Ladakh | 13.4% |
| 5 | Arunachal Pradesh | 12.8% |
| 6 | Jammu and Kashmir | 11.4% |
| 7 | Nagaland | 11.3% |
Bank credit-deposit ratio (place of sanction) (March 2025)
Andaman and Nicobar Islands ranks 19 of 36, highest first. Loans made in the state per ₹100 of deposits held there.
| Rank | Region | Bank credit-deposit ratio (place of sanction) |
|---|---|---|
| 16 | Assam | 62.7% |
| 17 | Punjab | 58.5% |
| 18 | Jammu and Kashmir | 56.9% |
| 19 | Andaman and Nicobar Islands | 52.2% |
| 20 | Nagaland | 52.1% |
| 21 | West Bengal | 51.6% |
| 22 | Mizoram | 51.5% |
More on Andaman and Nicobar Islands: overview · health · education and schools · poverty and living standards · India
Sources
- Reserve Bank of India: Handbook of Statistics on Indian States 2024-25, Table 153: State-wise Credit-Deposit Ratio of Scheduled Commercial Banks - According to Place of Sanction, read 23 October 2026 · saved copy (SHA-256 536e5d4415d4…)
- Reserve Bank of India: Handbook of Statistics on Indian States 2024-25, Table 108: State-wise Average Inflation (CPI) - General, read 23 October 2026 · saved copy (SHA-256 1dd5a612f16c…)
- Reserve Bank of India: Handbook of Statistics on Indian States 2024-25, Table 21: Gross State Domestic Product (Current Prices), read 23 October 2026 · saved copy (SHA-256 307860e934ba…)
- Reserve Bank of India: Handbook of Statistics on Indian States 2024-25, Table 91: State-wise Milk Production, read 23 October 2026 · saved copy (SHA-256 3607285ce982…)
- Reserve Bank of India: Handbook of Statistics on Indian States 2024-25, Table 19: Per Capita Net State Domestic Product (Current Prices), read 23 October 2026 · saved copy (SHA-256 1f90818b79f1…)
- Reserve Bank of India: Handbook of Statistics on Indian States 2024-25, Table 138: State-wise Per Capita Availability of Power, read 23 October 2026 · saved copy (SHA-256 3004b58b5f81…)
- Reserve Bank of India: Handbook of Statistics on Indian States 2024-25, Table 106: State-wise Sustainable Development Goals (SDGs) Score, read 23 October 2026 · saved copy (SHA-256 f18c2f57a295…)
- Reserve Bank of India: Handbook of Statistics on Indian States 2024-25, Table 49: Gross State Value Added by Economic Activity - Services (Current Prices), read 23 October 2026 · saved copy (SHA-256 231843665df0…)
- Reserve Bank of India: Handbook of Statistics on Indian States 2024-25, Table 148: State-wise Electricity Transmission & Distribution Losses, read 23 October 2026 · saved copy (SHA-256 7ba079aa2389…)
- Reserve Bank of India: Handbook of Statistics on Indian States 2024-25, Table 13: State-wise Domestic Tourist Visits, read 23 October 2026 · saved copy (SHA-256 14ecc37284d7…)
- Reserve Bank of India: Handbook of Statistics on Indian States 2024-25, Table 9: State-wise Unemployment Rate: Usual Status (Adjusted) (Urban), read 23 October 2026 · saved copy (SHA-256 4eef6c004595…)
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