Economy, jobs and prices in West Bengal, India: official figures
Net state domestic product per person, the usual measure of average income, was ₹163,467 in 2024-25 at current prices; 9th lowest of 25 with figures. Five years earlier it was ₹110,316, a rise of 48% before inflation.
Is West Bengal's economy growing?
After allowing for inflation (2011-12 prices), income per person grew 6.2% in 2024-25; 7th slowest of 25 with figures.
Source: Reserve Bank of India · saved copyHow big is West Bengal's economy?
The state's economy (gross state domestic product) was worth ₹18.15 lakh crore (₹18.15 trillion) in 2024-25 at current prices, 9.9% more than a year earlier.
Source: Reserve Bank of India · saved copyWhat are the main industries in West Bengal?
In 2024-25 services made up 58.3% of the value added in West Bengal's economy (7th highest of 25 with figures), manufacturing 12.6% (11th highest of 25 with figures) and crop farming 10.3% (13th highest of 25 with figures), at current prices.
Source: Reserve Bank of India · saved copyHow much food does West Bengal grow?
Farmers in West Bengal produced 19,850,300 tonnes of foodgrains (rice, wheat, other cereals and pulses) in 2024-25, 5.5% of India's harvest; 7th largest of 31 with figures.
Source: Reserve Bank of India · saved copyWhat is the unemployment rate in West Bengal?
Unemployment in West Bengal in 2023-24 was 2.3% in rural areas and 3.3% in towns and cities (usual status, Periodic Labour Force Survey); all-India: 2.5% rural and 5.1% urban. Urban unemployment was 6th lowest of 35.
Source: Reserve Bank of India · saved copyHow much do farm workers earn in West Bengal?
A man working as a general farm labourer in rural West Bengal earned on average ₹347 a day in 2024-25 (all-India: ₹398); 5th lowest of 19 with figures. Rural day rates for men were ₹374 for construction workers and ₹364 for non-farm labourers.
Source: Reserve Bank of India · saved copyWhat is inflation in West Bengal?
Consumer prices in West Bengal rose 3.9% on average in 2024-25, and food and drink prices by 5.9% (all-India: 4.6%). Over the same year fuel and light prices fell 5.1% and urban housing costs rose 2.7%.
Source: Reserve Bank of India · saved copyDo banks lend in West Bengal?
Commercial banks in West Bengal held ₹12.25 lakh crore of deposits at the end of March 2025, about ₹122,300 per resident, and had lent ₹6.66 lakh crore: a credit-deposit ratio of 51.6% (all-India: 80.1%; 16th lowest of 36). A low ratio means local savings are mostly lent elsewhere.
Source: Reserve Bank of India · saved copyMore figures
- West Bengal produced 7,650,000 tonnes of milk in 2023-24, 3.2% of the national total. Source: Reserve Bank of India · saved copy
- Indian tourists made 184.48 million visits to West Bengal in 2024 (6.3% of all domestic tourist visits; 7th most of 36). Source: Reserve Bank of India · saved copy
- Electricity available per person was 714 kWh in 2024-25 (all-India: 1,208 kWh). Source: Reserve Bank of India · saved copy
- 18.2% of the electricity fed into West Bengal'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 West Bengal 70 out of 100 on the Sustainable Development Goals India Index in 2023; joint 15th lowest of 36. Source: Reserve Bank of India · saved copy
How West Bengal compares with other states
Income per person (NSDP per capita, current prices) (2024-25)
West Bengal ranks 17 of 25, highest first.
| Rank | Region | Income per person (NSDP per capita, current prices) |
|---|---|---|
| 14 | Tripura | ₹192,842 |
| 15 | Rajasthan | ₹185,053 |
| 16 | Odisha | ₹168,966 |
| 17 | West Bengal | ₹163,467 |
| 18 | Chhattisgarh | ₹162,870 |
| 19 | Assam | ₹159,185 |
| 20 | Meghalaya | ₹157,141 |
Urban unemployment rate (usual status) (2023-24)
West Bengal ranks 30 of 35, highest first.
| Rank | Region | Urban unemployment rate (usual status) |
|---|---|---|
| 27 | Tamil Nadu | 4.1% |
| 28 | Haryana | 4.0% |
| 29 | Mizoram | 3.4% |
| 30 | West Bengal | 3.3% |
| 31 | Tripura | 3.2% |
| 32 | Sikkim | 3.0% |
| 33 | Madhya Pradesh | 2.8% |
Services share of the economy (GSVA) (2024-25)
West Bengal ranks 7 of 25, highest first. Share of gross state value added at current prices.
| Rank | Region | Services share of the economy (GSVA) |
|---|---|---|
| 4 | Telangana | 67.2% |
| 5 | Maharashtra | 64.3% |
| 6 | Jammu and Kashmir | 61.5% |
| 7 | West Bengal | 58.3% |
| 8 | Meghalaya | 57.6% |
| 9 | Puducherry | 54.6% |
| 10 | Bihar | 54.1% |
Bank credit-deposit ratio (place of sanction) (March 2025)
West Bengal ranks 21 of 36, highest first. Loans made in the state per ₹100 of deposits held there.
| Rank | Region | Bank credit-deposit ratio (place of sanction) |
|---|---|---|
| 18 | Jammu and Kashmir | 56.9% |
| 19 | Andaman and Nicobar Islands | 52.2% |
| 20 | Nagaland | 52.1% |
| 21 | West Bengal | 51.6% |
| 22 | Mizoram | 51.5% |
| 23 | Bihar | 51.4% |
| 24 | Uttar Pradesh | 50.9% |
More on West Bengal: overview · health · education and schools · poverty and living standards · government budget · 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 62: State-wise Production of Total Foodgrains, read 23 October 2026 · saved copy (SHA-256 7674a11e229b…)
- Reserve Bank of India: Handbook of Statistics on Indian States 2024-25, Table 21: Gross State Domestic Product (Current Prices), read 23 October 2026 · saved copy (SHA-256 307860e934ba…)
- Reserve Bank of India: Handbook of Statistics on Indian States 2024-25, Table 91: State-wise Milk Production, read 23 October 2026 · saved copy (SHA-256 3607285ce982…)
- Reserve Bank of India: Handbook of Statistics on Indian States 2024-25, Table 19: Per Capita Net State Domestic Product (Current Prices), read 23 October 2026 · saved copy (SHA-256 1f90818b79f1…)
- Reserve Bank of India: Handbook of Statistics on Indian States 2024-25, Table 20: Per Capita Net State Domestic Product (Constant Prices), read 23 October 2026 · saved copy (SHA-256 0861a3b6a0df…)
- 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 49: Gross State Value Added by Economic Activity - Services (Current Prices), read 23 October 2026 · saved copy (SHA-256 231843665df0…)
- 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…)
- Reserve Bank of India: Handbook of Statistics on Indian States 2024-25, Table 113: State-wise Average Daily Wage Rates in Rural India (Men - General Agricultural Labourers), read 23 October 2026 · saved copy (SHA-256 6f4995aec2fa…)
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