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

Net state domestic product per person, the usual measure of average income, was ₹234,996 in 2023-24 at current prices; 16th highest of 33 with figures. Five years earlier it was ₹164,708, a rise of 43% before inflation.

Income per person (NSDP per capita)
₹234,996
2023-24
Services share of the economy
49.3%
2023-24
Unemployment, urban (usual status)
3.4%
2023-24
Bank credit-deposit ratio
51.5%
March 2025

How big is Mizoram's economy?

The state's economy (gross state domestic product) was worth ₹33,277 crore (₹332.8 billion) in 2023-24 at current prices, 10.2% more than a year earlier.

Source: Reserve Bank of India · saved copy

What are the main industries in Mizoram?

In 2023-24 services made up 49.3% of the value added in Mizoram's economy, manufacturing 0.4% and crop farming 5.6%, at current prices.

Source: Reserve Bank of India · saved copy

How much food does Mizoram grow?

Farmers in Mizoram produced 46,600 tonnes of foodgrains (rice, wheat, other cereals and pulses) in 2024-25, 0.01% of India's harvest; the smallest of 31 with figures.

Source: Reserve Bank of India · saved copy

What is the unemployment rate in Mizoram?

Unemployment in Mizoram in 2023-24 was 1.3% in rural areas and 3.4% in towns and cities (usual status, Periodic Labour Force Survey); all-India: 2.5% rural and 5.1% urban. Urban unemployment was 7th lowest of 35.

Source: Reserve Bank of India · saved copy

What is inflation in Mizoram?

Consumer prices in Mizoram rose 3.4% on average in 2024-25, and food and drink prices by 4.3% (all-India: 4.6%). Over the same year fuel and light prices fell 5.6% and urban housing costs rose 6.0%.

Source: Reserve Bank of India · saved copy

Do banks lend in Mizoram?

Commercial banks in Mizoram held ₹17,462 crore of deposits at the end of March 2025, about ₹138,100 per resident, and had lent ₹9,049 crore: a credit-deposit ratio of 51.5% (all-India: 80.1%; 15th lowest of 36). A low ratio means local savings are mostly lent elsewhere.

Source: Reserve Bank of India · saved copy

More figures

How Mizoram compares with other states

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

Mizoram ranks 29 of 35, highest first.

RankRegionUrban unemployment rate (usual status)
26Karnataka4.2%
27Tamil Nadu4.1%
28Haryana4.0%
29Mizoram3.4%
30West Bengal3.3%
31Tripura3.2%
32Sikkim3.0%
Source: Reserve Bank of India · saved copy

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

Mizoram ranks 22 of 36, highest first. Loans made in the state per ₹100 of deposits held there.

RankRegionBank credit-deposit ratio (place of sanction)
19Andaman and Nicobar Islands52.2%
20Nagaland52.1%
21West Bengal51.6%
22Mizoram51.5%
23Bihar51.4%
24Uttar Pradesh50.9%
25Odisha48.1%
Source: Reserve Bank of India · saved copy

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

Sources

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