Economy, jobs and prices in Assam, India: official figures
Net state domestic product per person, the usual measure of average income, was ₹159,185 in 2024-25 at current prices; 7th lowest of 25 with figures. Five years earlier it was ₹90,123, a rise of 77% before inflation.
Is Assam's economy growing?
After allowing for inflation (2011-12 prices), income per person grew 7.4% in 2024-25; 9th fastest of 25 with figures.
Source: Reserve Bank of India · saved copyHow big is Assam's economy?
The state's economy (gross state domestic product) was worth ₹6.44 lakh crore (₹6.44 trillion) in 2024-25 at current prices, 13.1% more than a year earlier.
Source: Reserve Bank of India · saved copyWhat are the main industries in Assam?
In 2024-25 services made up 42.0% of the value added in Assam's economy (5th lowest of 25 with figures), manufacturing 10.1% (10th lowest of 25 with figures) and crop farming 13.2% (7th highest of 25 with figures), at current prices.
Source: Reserve Bank of India · saved copyHow much food does Assam grow?
Farmers in Assam produced 5,533,400 tonnes of foodgrains (rice, wheat, other cereals and pulses) in 2024-25, 1.5% of India's harvest; 16th largest of 31 with figures.
Source: Reserve Bank of India · saved copyWhat is the unemployment rate in Assam?
Unemployment in Assam in 2023-24 was 3.5% in rural areas and 7.4% in towns and cities (usual status, Periodic Labour Force Survey); all-India: 2.5% rural and 5.1% urban. Urban unemployment was 13th highest of 35.
Source: Reserve Bank of India · saved copyHow much do farm workers earn in Assam?
A man working as a general farm labourer in rural Assam earned on average ₹385 a day in 2024-25 (all-India: ₹398); 10th highest of 19 with figures. Rural day rates for men were ₹421 for construction workers and ₹378 for non-farm labourers.
Source: Reserve Bank of India · saved copyWhat is inflation in Assam?
Consumer prices in Assam rose 5.1% on average in 2024-25, and food and drink prices by 6.7% (all-India: 4.6%). Over the same year fuel and light prices rose 2.0% and urban housing costs rose 3.3%.
Source: Reserve Bank of India · saved copyDo banks lend in Assam?
Commercial banks in Assam held ₹2.34 lakh crore of deposits at the end of March 2025, about ₹64,100 per resident, and had lent ₹1.54 lakh crore: a credit-deposit ratio of 62.7% (all-India: 80.1%; 16th highest of 36). A low ratio means local savings are mostly lent elsewhere.
Source: Reserve Bank of India · saved copyMore figures
- Assam produced 1,092,000 tonnes of milk in 2023-24, 0.5% of the national total. Source: Reserve Bank of India · saved copy
- Indian tourists made 7.61 million visits to Assam in 2024 (0.3% of all domestic tourist visits; 15th fewest of 36). Source: Reserve Bank of India · saved copy
- Electricity available per person was 356 kWh in 2024-25 (all-India: 1,208 kWh). Source: Reserve Bank of India · saved copy
- 17.6% of the electricity fed into Assam's 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 Assam 65 out of 100 on the Sustainable Development Goals India Index in 2023; joint 5th lowest of 36. Source: Reserve Bank of India · saved copy
How Assam compares with other states
Income per person (NSDP per capita, current prices) (2024-25)
Assam ranks 19 of 25, highest first.
| Rank | Region | Income per person (NSDP per capita, current prices) |
|---|---|---|
| 16 | Odisha | ₹168,966 |
| 17 | West Bengal | ₹163,467 |
| 18 | Chhattisgarh | ₹162,870 |
| 19 | Assam | ₹159,185 |
| 20 | Meghalaya | ₹157,141 |
| 21 | Jammu and Kashmir | ₹154,826 |
| 22 | Madhya Pradesh | ₹152,615 |
Urban unemployment rate (usual status) (2023-24)
Assam ranks 13 of 35, highest first.
| Rank | Region | Urban unemployment rate (usual status) |
|---|---|---|
| 10 | Rajasthan | 7.7% |
| 11 | Chhattisgarh | 7.6% |
| 12 | Manipur | 7.5% |
| 13 | Assam | 7.4% |
| 14 | Bihar | 7.3% |
| 15 | Telangana | 7.3% |
| 16 | Chandigarh | 7.1% |
Services share of the economy (GSVA) (2024-25)
Assam ranks 21 of 25, highest first. Share of gross state value added at current prices.
| Rank | Region | Services share of the economy (GSVA) |
|---|---|---|
| 18 | Rajasthan | 45.9% |
| 19 | Jharkhand | 45.2% |
| 20 | Tripura | 42.9% |
| 21 | Assam | 42.0% |
| 22 | Andhra Pradesh | 41.6% |
| 23 | Odisha | 38.4% |
| 24 | Madhya Pradesh | 36.6% |
Bank credit-deposit ratio (place of sanction) (March 2025)
Assam ranks 16 of 36, highest first. Loans made in the state per ₹100 of deposits held there.
| Rank | Region | Bank credit-deposit ratio (place of sanction) |
|---|---|---|
| 13 | Kerala | 68.8% |
| 14 | Haryana | 68.4% |
| 15 | Karnataka | 67.7% |
| 16 | Assam | 62.7% |
| 17 | Punjab | 58.5% |
| 18 | Jammu and Kashmir | 56.9% |
| 19 | Andaman and Nicobar Islands | 52.2% |
More on Assam: overview · health · education and schools · poverty and living standards · government budget · 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 62: State-wise Production of Total Foodgrains, read 23 October 2026 · saved copy (SHA-256 7674a11e229b…)
- 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 20: Per Capita Net State Domestic Product (Constant Prices), read 23 October 2026 · saved copy (SHA-256 0861a3b6a0df…)
- 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…)
- Reserve Bank of India: Handbook of Statistics on Indian States 2024-25, Table 113: State-wise Average Daily Wage Rates in Rural India (Men - General Agricultural Labourers), read 23 October 2026 · saved copy (SHA-256 6f4995aec2fa…)
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