Economy, jobs and prices in Lakshadweep, India: official figures
Indian tourists made 0.07 million visits to Lakshadweep in 2024 (less than 0.01% of all domestic tourist visits; 2nd fewest of 36).
What is the unemployment rate in Lakshadweep?
Unemployment in Lakshadweep in 2023-24 was 8.3% in rural areas and 13.8% in towns and cities (usual status, Periodic Labour Force Survey); all-India: 2.5% rural and 5.1% urban. Urban unemployment was 2nd highest of 35.
Source: Reserve Bank of India · saved copyWhat is inflation in Lakshadweep?
Consumer prices in Lakshadweep rose 3.0% on average in 2024-25, and food and drink prices by 0.9% (all-India: 4.6%). Over the same year fuel and light prices rose 12.3% and urban housing costs rose 6.6%.
Source: Reserve Bank of India · saved copyDo banks lend in Lakshadweep?
Commercial banks in Lakshadweep held ₹1,540 crore of deposits at the end of March 2025, about ₹223,200 per resident, and had lent ₹195 crore: a credit-deposit ratio of 12.7% (all-India: 80.1%; the lowest of 36). A low ratio means local savings are mostly lent elsewhere.
Source: Reserve Bank of India · saved copyMore figures
- Electricity available per person was 1,014 kWh in 2024-25 (all-India: 1,208 kWh). Source: Reserve Bank of India · saved copy
- 14.0% of the electricity fed into Lakshadweep'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 Lakshadweep 66 out of 100 on the Sustainable Development Goals India Index in 2023; joint 8th lowest of 36. Source: Reserve Bank of India · saved copy
How Lakshadweep compares with other union territories
Urban unemployment rate (usual status) (2023-24)
Lakshadweep ranks 2 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)
Lakshadweep ranks 36 of 36, highest first. Loans made in the state per ₹100 of deposits held there.
| Rank | Region | Bank credit-deposit ratio (place of sanction) |
|---|---|---|
| 30 | Uttarakhand | 41.5% |
| 31 | Meghalaya | 40.3% |
| 32 | Jharkhand | 39.3% |
| 33 | Himachal Pradesh | 37.8% |
| 34 | Arunachal Pradesh | 31.0% |
| 35 | Goa | 26.7% |
| 36 | Lakshadweep | 12.7% |
More on Lakshadweep: overview · health · education and schools · 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 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 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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