Economy of Maharashtra

Source	Ministry of Statistics and Programme Implementation
Date	28 Sep 2025

GDP of Maharashtra

Year	At current prices (crore INR)				At 2011-12 prices (crore INR)
Year	GSDP	GSVA	NSDP	NSVA	GSDP	GSVA	NSDP	NSVA
2011-12	1,280,369	1,144,418	1,126,595	99,064,370	1,280,369	1,144,418	1,126,595	99,064,370
2012-13	1,459,629	1,295,042	1,282,180	111,759,278	1,357,942	1,213,382	1,189,711	104,515,084
2013-14	1,649,647	1,468,968	1,448,720	126,804,107	1,451,615	1,296,428	1,267,551	111,236,427
2014-15	1,779,138	1,586,937	1,553,217	136,101,583	1,543,165	1,376,374	1,345,341	117,855,077
2015-16	1,966,225	1,720,488	1,735,308	148,957,060	1,654,284	1,468,485	1,452,513	126,671,471
2016-17	2,198,185	1,908,485	1,954,774	166,507,381	1,807,046	1,599,819	1,596,121	138,889,361
2017-18	2,352,782	2,064,432	2,081,195	179,284,529	1,888,706	1,668,205	1,661,065	144,056,389
2018-19	2,528,854	2,216,768	2,225,049	191,296,325	1,957,381	1,725,011	1,712,999	148,062,884
2019-20	2,656,806	2,350,571	2,331,629	202,539,346	2,046,614	1,814,633	1,788,569	155,658,835
2020-21	2,610,651	2,332,152	2,261,719	198,321,986	1,852,132	1,662,820	1,581,122	139,180,994
2021-22	3,143,821	2,792,266	2,745,354	239,379,833	2,058,845	1,853,661	1,770,706	156,552,208
2022-23	3,641,543	3,201,911	3,178,318	273,868,611	2,255,708	2,012,625	1,952,409	170,932,703
2023-24	4,055,847	3,542,977	3,537,968	302,509,789	2,435,259	2,156,410	2,107,597	182,874,824
2024-25	4,531,518	3,931,068	3,957,319	335,686,820	2,612,263	2,307,595	2,260,211	195,554,332

GDP per capita of Maharashtra

Year	Per capita at current prices (INR)		Per capita at 2011-12 prices (INR)
Year	GSDP	NSDP	GSDP	NSDP
2011-12	113,191	99,597	113,191	99,597
2012-13	127,605	112,092	118,715	104,008
2013-14	142,634	125,261	125,512	109,597
2014-15	152,157	132,836	131,977	115,058
2015-16	166,352	146,815	139,960	122,889
2016-17	184,113	163,726	151,352	133,686
2017-18	195,195	172,663	156,694	137,808
2018-19	207,833	182,865	160,866	140,782
2019-20	216,319	189,843	166,636	145,626
2020-21	210,603	182,454	149,413	127,550
2021-22	251,496	219,620	164,701	141,651
2022-23	289,059	252,289	179,054	154,979
2023-24	319,474	278,681	191,823	166,013
2024-25	354,225	309,340	204,197	176,678

GDP Growth of Maharashtra

Year	Growth (%) at current prices (INR)		Growth (%) at 2011-12 prices (INR)
Year	GSDP	NSDP	GSDP	NSDP
2012-13	14.00	13.81	6.06	5.60
2013-14	13.02	12.99	6.90	6.54
2014-15	7.85	7.21	6.31	6.14
2015-16	10.52	11.72	7.20	7.97
2016-17	11.80	12.65	9.23	9.89
2017-18	7.03	6.47	4.52	4.07
2018-19	7.48	6.91	3.64	3.13
2019-20	5.06	4.79	4.56	4.41
2020-21	-1.74	-3.00	-9.50	-11.60
2021-22	20.42	21.38	11.16	11.99
2022-23	15.83	15.77	9.56	10.26
2023-24	11.38	11.32	7.96	7.95
2024-25	11.73	11.85	7.27	7.24

Sectorwise GDP of Maharashtra

	Sector	GVA (Rupees in Lakh) at current prices		GVA (Rupees in Lakh) at 2011-12 prices
	Sector	2024-25	% share	2024-25	% share
1	Primary Sector	51,951,502	13.22	32,354,512	14.02
1.1	Agriculture, forestry & fishing	45,380,967	11.54	24,601,413	10.66
1.11	Crops	27,804,161	7.07	14,561,948	6.31
1.12	Livestock	10,993,148	2.80	6,059,337	2.63
1.13	Forestry & logging	5,608,266	1.43	3,532,271	1.53
1.14	Fishing and aquaculture	975,392	0.25	447,858	0.19
1.2	Mining & quarrying	6,570,535	1.67	7,753,099	3.36
2	Secondary Sector	88,486,388	22.51	60,061,313	26.03
2.1	Manufacturing	54,161,383	13.78	39,520,981	17.13
2.2	Electricity, gas, water supply & other utility services	6,403,455	1.63	5,117,177	2.22
2.3	Construction	27,921,551	7.10	15,423,155	6.68
3	Tertairy Sector	252,668,917	64.27	138,343,708	59.95
3.1	Trade, repair, hotels and restaurants	37,517,412	9.54	18,550,729	8.04
3.11	Trade & repair services	33,825,624	8.60	16,729,762	7.25
3.12	Hotels & restaurants	3,691,789	0.94	1,820,967	0.79
3.2	Transport, storage, communication & services related to broadcasting	18,758,912	4.77	13,716,123	5.94
3.21	Railways	1,891,734	0.48	994,725	0.43
3.22	Road transport	7,300,039	1.86	6,607,206	2.86
3.23	Water transport	764,031	0.19	430,530	0.19
3.24	Air transport	282,760	0.07	159,335	0.07
3.25	Services incidental to transport	1,775,123	0.45	1,779,030	0.77
3.26	Storage	720,391	0.18	382,840	0.17
3.27	Communication & services related to broadcasting	6,024,833	1.53	3,362,457	1.46
3.3	Financial services	45,413,753	11.55	26,263,604	11.38
3.4	Real estate, ownership of dwelling & professional services	100,132,379	25.47	52,822,951	22.89
3.5	Public administration	18,123,211	4.61	9,059,904	3.93
3.6	Other services	32,723,250	8.32	17,930,397	7.77
	GVA at basic prices	393,106,807		230,759,533