Economy, jobs and prices in Chandigarh, India: official figures
Net state domestic product per person, the usual measure of average income, was ₹453,457 in 2023-24 at current prices; 4th highest of 33 with figures. Five years earlier it was ₹307,812, a rise of 47% before inflation.
How big is Chandigarh's economy?
The union territory's economy (gross state domestic product) was worth ₹62,536 crore (₹625.4 billion) in 2023-24 at current prices, 11.7% more than a year earlier.
Source: Reserve Bank of India · saved copyWhat are the main industries in Chandigarh?
In 2023-24 services made up 89.4% of the value added in Chandigarh's economy, manufacturing 2.9% and crop farming 0.0%, at current prices.
Source: Reserve Bank of India · saved copyWhat is the unemployment rate in Chandigarh?
Unemployment in Chandigarh in 2023-24 was 7.1% in towns and cities (usual status, Periodic Labour Force Survey); all-India: 2.5% rural and 5.1% urban. Urban unemployment was 16th highest of 35.
Source: Reserve Bank of India · saved copyWhat is inflation in Chandigarh?
Consumer prices in Chandigarh rose 4.3% on average in 2024-25, and food and drink prices by 6.2% (all-India: 4.6%). Over the same year fuel and light prices fell 8.7% and urban housing costs rose 4.2%.
Source: Reserve Bank of India · saved copyDo banks lend in Chandigarh?
Commercial banks in Chandigarh held ₹1.27 lakh crore of deposits at the end of March 2025, about ₹1,005,500 per resident, and had lent ₹94,919 crore: a credit-deposit ratio of 71.9% (all-India: 80.1%; 12th highest of 36). A low ratio means local savings are mostly lent elsewhere.
Source: Reserve Bank of India · saved copyMore figures
- Chandigarh produced 59,000 tonnes of milk in 2023-24, 0.02% of the national total. Source: Reserve Bank of India · saved copy
- Indian tourists made 1.00 million visits to Chandigarh in 2024 (0.03% of all domestic tourist visits; 9th fewest of 36). Source: Reserve Bank of India · saved copy
- Electricity available per person was 1,569 kWh in 2024-25 (all-India: 1,208 kWh). Source: Reserve Bank of India · saved copy
- 16.0% of the electricity fed into Chandigarh'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 Chandigarh 77 out of 100 on the Sustainable Development Goals India Index in 2023; joint 4th highest of 36. Source: Reserve Bank of India · saved copy
How Chandigarh compares with other union territories
Urban unemployment rate (usual status) (2023-24)
Chandigarh ranks 16 of 35, highest first.
| Rank | Region | Urban unemployment rate (usual status) |
|---|---|---|
| 13 | Assam | 7.4% |
| 14 | Bihar | 7.3% |
| 15 | Telangana | 7.3% |
| 16 | Chandigarh | 7.1% |
| 17 | Odisha | 6.8% |
| 18 | Uttar Pradesh | 6.7% |
| 19 | Kerala | 6.7% |
Bank credit-deposit ratio (place of sanction) (March 2025)
Chandigarh ranks 12 of 36, highest first. Loans made in the state per ₹100 of deposits held there.
| Rank | Region | Bank credit-deposit ratio (place of sanction) |
|---|---|---|
| 9 | Madhya Pradesh | 78.3% |
| 10 | Manipur | 76.6% |
| 11 | Puducherry | 72.0% |
| 12 | Chandigarh | 71.9% |
| 13 | Kerala | 68.8% |
| 14 | Haryana | 68.4% |
| 15 | Karnataka | 67.7% |
More on Chandigarh: overview · 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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