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Economy, jobs and prices in Jharkhand, India: official figures

Net state domestic product per person, the usual measure of average income, was ₹116,663 in 2024-25 at current prices; 3rd lowest of 25 with figures. Five years earlier it was ₹75,016, a rise of 56% before inflation.

Income per person (NSDP per capita)
₹116,663
2024-25
Services share of the economy
45.2%
2024-25
Unemployment, urban (usual status)
5.8%
2023-24
Bank credit-deposit ratio
39.3%
March 2025

Is Jharkhand's economy growing?

After allowing for inflation (2011-12 prices), income per person grew 6.2% in 2024-25; 8th slowest of 25 with figures.

Source: Reserve Bank of India · saved copy

How big is Jharkhand's economy?

The state's economy (gross state domestic product) was worth ₹5.16 lakh crore (₹5.16 trillion) in 2024-25 at current prices, 10.9% more than a year earlier.

Source: Reserve Bank of India · saved copy

What are the main industries in Jharkhand?

In 2024-25 services made up 45.2% of the value added in Jharkhand's economy (7th lowest of 25 with figures), manufacturing 19.7% (4th highest of 25 with figures) and crop farming 7.4% (9th lowest of 25 with figures), at current prices.

Source: Reserve Bank of India · saved copy

How much food does Jharkhand grow?

Farmers in Jharkhand produced 5,041,600 tonnes of foodgrains (rice, wheat, other cereals and pulses) in 2024-25, 1.4% of India's harvest; 15th smallest of 31 with figures.

Source: Reserve Bank of India · saved copy

What is the unemployment rate in Jharkhand?

Unemployment in Jharkhand in 2023-24 was 0.5% in rural areas and 5.8% in towns and cities (usual status, Periodic Labour Force Survey); all-India: 2.5% rural and 5.1% urban. Urban unemployment was joint 13th lowest of 35.

Source: Reserve Bank of India · saved copy

What is inflation in Jharkhand?

Consumer prices in Jharkhand rose 3.8% on average in 2024-25, and food and drink prices by 6.5% (all-India: 4.6%). Over the same year fuel and light prices fell 4.8% and urban housing costs rose 2.2%.

Source: Reserve Bank of India · saved copy

Do banks lend in Jharkhand?

Commercial banks in Jharkhand held ₹3.67 lakh crore of deposits at the end of March 2025, about ₹90,400 per resident, and had lent ₹1.51 lakh crore: a credit-deposit ratio of 39.3% (all-India: 80.1%; 5th lowest of 36). A low ratio means local savings are mostly lent elsewhere.

Source: Reserve Bank of India · saved copy

More figures

How Jharkhand compares with other states

Income per person (NSDP per capita, current prices) (2024-25)

Jharkhand ranks 23 of 25, highest first.

RankRegionIncome per person (NSDP per capita, current prices)
19Assam₹159,185
20Meghalaya₹157,141
21Jammu and Kashmir₹154,826
22Madhya Pradesh₹152,615
23Jharkhand₹116,663
24Uttar Pradesh₹108,572
25Bihar₹69,321
Source: Reserve Bank of India · saved copy

Urban unemployment rate (usual status) (2023-24)

Jharkhand ranks 22 of 35, highest first.

RankRegionUrban unemployment rate (usual status)
19Kerala6.7%
20Puducherry6.5%
21Andhra Pradesh5.9%
22Jharkhand5.8%
23Uttarakhand5.8%
24Punjab5.6%
25Maharashtra5.2%
Source: Reserve Bank of India · saved copy

Services share of the economy (GSVA) (2024-25)

Jharkhand ranks 19 of 25, highest first. Share of gross state value added at current prices.

RankRegionServices share of the economy (GSVA)
16Himachal Pradesh46.4%
17Uttarakhand46.0%
18Rajasthan45.9%
19Jharkhand45.2%
20Tripura42.9%
21Assam42.0%
22Andhra Pradesh41.6%
Source: Reserve Bank of India · saved copy

Bank credit-deposit ratio (place of sanction) (March 2025)

Jharkhand ranks 32 of 36, highest first. Loans made in the state per ₹100 of deposits held there.

RankRegionBank credit-deposit ratio (place of sanction)
29Tripura43.2%
30Uttarakhand41.5%
31Meghalaya40.3%
32Jharkhand39.3%
33Himachal Pradesh37.8%
34Arunachal Pradesh31.0%
35Goa26.7%
Source: Reserve Bank of India · saved copy

More on Jharkhand: overview · health · education and schools · poverty and living standards · government budget · India

Sources

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