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

Net state domestic product per person, the usual measure of average income, was ₹274,064 in 2024-25 at current prices; 9th highest of 25 with figures. Five years earlier it was ₹190,558, a rise of 44% before inflation.

Income per person (NSDP per capita)
₹274,064
2024-25
Services share of the economy
46.0%
2024-25
Unemployment, urban (usual status)
5.8%
2023-24
Bank credit-deposit ratio
41.5%
March 2025

Is Uttarakhand's economy growing?

After allowing for inflation (2011-12 prices), income per person grew 5.2% in 2024-25; 5th slowest of 25 with figures.

Source: Reserve Bank of India · saved copy

How big is Uttarakhand's economy?

The state's economy (gross state domestic product) was worth ₹3.78 lakh crore (₹3.78 trillion) in 2024-25 at current prices, 13.6% more than a year earlier.

Source: Reserve Bank of India · saved copy

What are the main industries in Uttarakhand?

In 2024-25 services made up 46.0% of the value added in Uttarakhand's economy (9th lowest of 25 with figures), manufacturing 26.1% (2nd highest of 25 with figures) and crop farming 3.4% (3rd lowest of 25 with figures), at current prices.

Source: Reserve Bank of India · saved copy

How much food does Uttarakhand grow?

Farmers in Uttarakhand produced 1,717,300 tonnes of foodgrains (rice, wheat, other cereals and pulses) in 2024-25, 0.5% of India's harvest; 13th smallest of 31 with figures.

Source: Reserve Bank of India · saved copy

What is the unemployment rate in Uttarakhand?

Unemployment in Uttarakhand in 2023-24 was 3.9% 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 Uttarakhand?

Consumer prices in Uttarakhand rose 4.2% on average in 2024-25, and food and drink prices by 4.8% (all-India: 4.6%). Over the same year fuel and light prices fell 7.7% and urban housing costs rose 8.1%.

Source: Reserve Bank of India · saved copy

Do banks lend in Uttarakhand?

Commercial banks in Uttarakhand held ₹2.46 lakh crore of deposits at the end of March 2025, about ₹206,500 per resident, and had lent ₹1.07 lakh crore: a credit-deposit ratio of 41.5% (all-India: 80.1%; 7th lowest of 36). A low ratio means local savings are mostly lent elsewhere.

Source: Reserve Bank of India · saved copy

More figures

How Uttarakhand compares with other states

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

Uttarakhand ranks 9 of 25, highest first.

RankRegionIncome per person (NSDP per capita, current prices)
6Maharashtra₹309,340
7Kerala₹308,338
8Puducherry₹281,478
9Uttarakhand₹274,064
10Andhra Pradesh₹266,240
11Himachal Pradesh₹256,137
12Arunachal Pradesh₹246,813
Source: Reserve Bank of India · saved copy

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

Uttarakhand ranks 23 of 35, highest first.

RankRegionUrban unemployment rate (usual status)
20Puducherry6.5%
21Andhra Pradesh5.9%
22Jharkhand5.8%
23Uttarakhand5.8%
24Punjab5.6%
25Maharashtra5.2%
26Karnataka4.2%
Source: Reserve Bank of India · saved copy

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

Uttarakhand ranks 17 of 25, highest first. Share of gross state value added at current prices.

RankRegionServices share of the economy (GSVA)
14Punjab48.4%
15Uttar Pradesh47.3%
16Himachal Pradesh46.4%
17Uttarakhand46.0%
18Rajasthan45.9%
19Jharkhand45.2%
20Tripura42.9%
Source: Reserve Bank of India · saved copy

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

Uttarakhand ranks 30 of 36, highest first. Loans made in the state per ₹100 of deposits held there.

RankRegionBank credit-deposit ratio (place of sanction)
27Sikkim43.4%
28Ladakh43.3%
29Tripura43.2%
30Uttarakhand41.5%
31Meghalaya40.3%
32Jharkhand39.3%
33Himachal Pradesh37.8%
Source: Reserve Bank of India · saved copy

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

Sources

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