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

Net state domestic product per person, the usual measure of average income, was ₹387,623 in 2024-25 at current prices; 2nd highest of 25 with figures. Five years earlier it was ₹231,326, a rise of 68% before inflation.

Income per person (NSDP per capita)
₹387,623
2024-25
Services share of the economy
67.2%
2024-25
Unemployment, urban (usual status)
7.3%
2023-24
Bank credit-deposit ratio
111.6%
March 2025

Is Telangana's economy growing?

After allowing for inflation (2011-12 prices), income per person grew 7.3% in 2024-25; 10th fastest of 25 with figures.

Source: Reserve Bank of India · saved copy

How big is Telangana's economy?

The state's economy (gross state domestic product) was worth ₹16.41 lakh crore (₹16.41 trillion) in 2024-25 at current prices, 12.2% more than a year earlier.

Source: Reserve Bank of India · saved copy

What are the main industries in Telangana?

In 2024-25 services made up 67.2% of the value added in Telangana's economy (4th highest of 25 with figures), manufacturing 8.4% (8th lowest of 25 with figures) and crop farming 6.6% (6th lowest of 25 with figures), at current prices.

Source: Reserve Bank of India · saved copy

How much food does Telangana grow?

Farmers in Telangana produced 21,634,600 tonnes of foodgrains (rice, wheat, other cereals and pulses) in 2024-25, 6.0% of India's harvest; 5th largest of 31 with figures.

Source: Reserve Bank of India · saved copy

What is the unemployment rate in Telangana?

Unemployment in Telangana in 2023-24 was 3.5% in rural areas and 7.3% in towns and cities (usual status, Periodic Labour Force Survey); all-India: 2.5% rural and 5.1% urban. Urban unemployment was joint 14th highest of 35.

Source: Reserve Bank of India · saved copy

What is inflation in Telangana?

Consumer prices in Telangana rose 3.7% on average in 2024-25, and food and drink prices by 5.1% (all-India: 4.6%). Over the same year fuel and light prices fell 6.9% and urban housing costs rose 3.6%.

Source: Reserve Bank of India · saved copy

Do banks lend in Telangana?

Commercial banks in Telangana held ₹8.68 lakh crore of deposits at the end of March 2025, about ₹225,300 per resident, and had lent ₹10.46 lakh crore: a credit-deposit ratio of 111.6% (all-India: 80.1%; 3rd highest of 36). A low ratio means local savings are mostly lent elsewhere.

Source: Reserve Bank of India · saved copy

More figures

How Telangana compares with other states

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

Telangana ranks 2 of 25, highest first.

RankRegionIncome per person (NSDP per capita, current prices)
1Delhi₹493,024
2Telangana₹387,623
3Karnataka₹380,906
4Tamil Nadu₹361,619
5Haryana₹353,182
6Maharashtra₹309,340
7Kerala₹308,338
Source: Reserve Bank of India · saved copy

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

Telangana ranks 15 of 35, highest first.

RankRegionUrban unemployment rate (usual status)
12Manipur7.5%
13Assam7.4%
14Bihar7.3%
15Telangana7.3%
16Chandigarh7.1%
17Odisha6.8%
18Uttar Pradesh6.7%
Source: Reserve Bank of India · saved copy

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

Telangana ranks 4 of 25, highest first. Share of gross state value added at current prices.

RankRegionServices share of the economy (GSVA)
1Delhi86.6%
2Karnataka68.1%
3Kerala67.3%
4Telangana67.2%
5Maharashtra64.3%
6Jammu and Kashmir61.5%
7West Bengal58.3%
Source: Reserve Bank of India · saved copy

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

Telangana ranks 3 of 36, highest first. Loans made in the state per ₹100 of deposits held there.

RankRegionBank credit-deposit ratio (place of sanction)
1Andhra Pradesh151.1%
2Tamil Nadu115.4%
3Telangana111.6%
4Maharashtra98.1%
5Delhi91.8%
6Rajasthan88.6%
7Gujarat79.7%
Source: Reserve Bank of India · saved copy

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

Sources

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