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

Net state domestic product per person, the usual measure of average income, was ₹168,966 in 2024-25 at current prices; 10th lowest of 25 with figures. Five years earlier it was ₹104,633, a rise of 61% before inflation.

Income per person (NSDP per capita)
₹168,966
2024-25
Services share of the economy
38.4%
2024-25
Unemployment, urban (usual status)
6.8%
2023-24
Bank credit-deposit ratio
48.1%
March 2025

Is Odisha's economy growing?

After allowing for inflation (2011-12 prices), income per person grew 7.3% in 2024-25; 11th fastest of 25 with figures.

Source: Reserve Bank of India · saved copy

How big is Odisha's economy?

The state's economy (gross state domestic product) was worth ₹8.90 lakh crore (₹8.90 trillion) in 2024-25 at current prices, 11.4% more than a year earlier.

Source: Reserve Bank of India · saved copy

What are the main industries in Odisha?

In 2024-25 services made up 38.4% of the value added in Odisha's economy (3rd lowest of 25 with figures), manufacturing 17.9% (6th highest of 25 with figures) and crop farming 14.0% (6th highest of 25 with figures), at current prices.

Source: Reserve Bank of India · saved copy

How much food does Odisha grow?

Farmers in Odisha produced 10,397,100 tonnes of foodgrains (rice, wheat, other cereals and pulses) in 2024-25, 2.9% of India's harvest; 15th largest of 31 with figures.

Source: Reserve Bank of India · saved copy

What is the unemployment rate in Odisha?

Unemployment in Odisha in 2023-24 was 2.6% in rural areas and 6.8% in towns and cities (usual status, Periodic Labour Force Survey); all-India: 2.5% rural and 5.1% urban. Urban unemployment was 17th highest of 35.

Source: Reserve Bank of India · saved copy

How much do farm workers earn in Odisha?

A man working as a general farm labourer in rural Odisha earned on average ₹369 a day in 2024-25 (all-India: ₹398); 8th lowest of 19 with figures. Rural day rates for men were ₹393 for construction workers and ₹360 for non-farm labourers.

Source: Reserve Bank of India · saved copy

What is inflation in Odisha?

Consumer prices in Odisha rose 6.0% on average in 2024-25, and food and drink prices by 8.7% (all-India: 4.6%). Over the same year fuel and light prices fell 1.0% and urban housing costs rose 3.9%.

Source: Reserve Bank of India · saved copy

Do banks lend in Odisha?

Commercial banks in Odisha held ₹5.84 lakh crore of deposits at the end of March 2025, about ₹131,000 per resident, and had lent ₹2.98 lakh crore: a credit-deposit ratio of 48.1% (all-India: 80.1%; 12th lowest of 36). A low ratio means local savings are mostly lent elsewhere.

Source: Reserve Bank of India · saved copy

More figures

How Odisha compares with other states

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

Odisha ranks 16 of 25, highest first.

RankRegionIncome per person (NSDP per capita, current prices)
13Punjab₹221,197
14Tripura₹192,842
15Rajasthan₹185,053
16Odisha₹168,966
17West Bengal₹163,467
18Chhattisgarh₹162,870
19Assam₹159,185
Source: Reserve Bank of India · saved copy

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

Odisha ranks 17 of 35, highest first.

RankRegionUrban unemployment rate (usual status)
14Bihar7.3%
15Telangana7.3%
16Chandigarh7.1%
17Odisha6.8%
18Uttar Pradesh6.7%
19Kerala6.7%
20Puducherry6.5%
Source: Reserve Bank of India · saved copy

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

Odisha ranks 23 of 25, highest first. Share of gross state value added at current prices.

RankRegionServices share of the economy (GSVA)
19Jharkhand45.2%
20Tripura42.9%
21Assam42.0%
22Andhra Pradesh41.6%
23Odisha38.4%
24Madhya Pradesh36.6%
25Chhattisgarh36.4%
Source: Reserve Bank of India · saved copy

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

Odisha ranks 25 of 36, highest first. Loans made in the state per ₹100 of deposits held there.

RankRegionBank credit-deposit ratio (place of sanction)
22Mizoram51.5%
23Bihar51.4%
24Uttar Pradesh50.9%
25Odisha48.1%
26Dadra and Nagar Haveli and Daman and Diu44.9%
27Sikkim43.4%
28Ladakh43.3%
Source: Reserve Bank of India · saved copy

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

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