Economy of Maharashtra

Source Ministry of Statistics and Programme Implementation
Date08 Oct 2024

GDP of Maharashtra

Year At current prices (crore INR) At 2011-12 prices (crore INR)
GSDPGSVANSDPNSVAGSDPGSVA NSDPNSVA
2011-121,280,3691,144,4181,126,59599,064,3701,280,3691,144,4181,126,59599,064,370
2012-131,459,6291,295,0421,282,180111,759,2781,357,9421,213,3821,189,711104,515,084
2013-141,649,6471,468,9681,448,720126,804,1071,451,6151,296,4281,267,551111,236,427
2014-151,779,1381,586,9371,553,217136,101,5831,543,1651,376,3741,345,341117,855,077
2015-161,966,2251,720,4881,735,308148,957,0601,654,2841,468,4851,452,513126,671,471
2016-172,198,1851,908,4851,954,774166,507,3811,807,0461,599,8191,596,121138,889,361
2017-182,352,7822,064,4322,081,195179,284,5291,888,7061,668,2051,661,065144,056,389
2018-192,528,8542,216,7682,225,049191,296,3251,957,3811,725,0111,712,999148,062,884
2019-202,656,8062,350,5712,331,629202,539,3462,046,6141,814,6331,788,569155,658,835
2020-212,610,6512,332,1522,261,719198,321,9861,852,1321,662,8201,581,122139,180,994
2021-223,144,1382,792,5582,744,773239,319,2912,047,8911,841,2541,759,047155,240,969
2022-233,645,8843,206,1933,179,566273,987,4952,241,1962,019,4221,935,842171,406,878
2023-244,044,2513,531,3003,524,281301,133,0882,410,8982,173,8452,079,756184,270,337

GDP per capita of Maharashtra

Year Per capita at current prices (INR) Per capita at 2011-12 prices (INR)
GSDPNSDPGSDPNSDP
2011-12113,19199,597113,19199,597
2012-13127,605112,092118,715104,008
2013-14142,634125,261125,512109,597
2014-15152,157132,836131,977115,058
2015-16166,352146,815139,960122,889
2016-17184,113163,726151,352133,686
2017-18195,195172,663156,694137,808
2018-19207,833182,865160,866140,782
2019-20216,319189,843166,636145,626
2020-21210,603182,454149,413127,550
2021-22251,521219,573163,825140,718
2022-23289,405252,389177,903153,664
2023-24318,560277,603189,904163,820

GDP Growth of Maharashtra

Year Growth (%) at current prices (INR) Growth (%) at 2011-12 prices (INR)
GSDPNSDPGSDPNSDP
2012-1314.0013.816.065.60
2013-1413.0212.996.906.54
2014-157.857.216.316.14
2015-1610.5211.727.207.97
2016-1711.8012.659.239.89
2017-187.036.474.524.07
2018-197.486.913.643.13
2019-205.064.794.564.41
2020-21-1.74-3.00-9.50-11.60
2021-2220.4421.3610.5711.25
2022-2315.9615.849.4410.05
2023-2410.9310.847.577.43

Sectorwise GDP of Maharashtra

Sector GVA (Rupees in Lakh) at current prices GVA (Rupees in Lakh) at 2011-12 prices
2023-24% share2023-24% share
1Primary Sector45,719,97212.9530,590,57014.07
1.1Agriculture, forestry & fishing39,453,67111.1722,689,44810.44
1.11Crops22,714,8166.4313,237,3646.09
1.12Livestock9,558,6302.715,673,0052.61
1.13Forestry & logging6,305,9381.793,415,5751.57
1.14Fishing and aquaculture874,2870.25363,5050.17
1.2Mining & quarrying6,266,3011.777,901,1213.63
2Secondary Sector81,957,27723.2157,474,32026.44
2.1Manufacturing51,186,05714.4938,342,51717.64
2.2Electricity, gas, water supply & other utility services5,915,3941.684,674,4682.15
2.3Construction24,855,8267.0414,457,3366.65
3Tertairy Sector225,452,76863.84129,319,60459.49
3.1Trade, repair, hotels and restaurants34,197,1219.6817,682,6038.13
3.11Trade & repair services30,815,8548.7315,937,9107.33
3.12Hotels & restaurants3,381,2670.961,744,6930.80
3.2Transport, storage, communication & services related to broadcasting17,849,7205.0514,027,5596.45
3.21Railways1,728,7940.49960,8000.44
3.22Road transport7,373,8062.097,135,3333.28
3.23Water transport634,1500.18367,3730.17
3.24Air transport295,9070.08171,4230.08
3.25Services incidental to transport1,699,7340.481,897,4950.87
3.26Storage698,2960.20383,6140.18
3.27Communication & services related to broadcasting5,419,0331.533,111,5201.43
3.3Financial services40,682,33411.5225,083,98211.54
3.4Real estate, ownership of dwelling & professional services89,837,41125.4449,017,55822.55
3.5Public administration14,713,9554.177,694,1923.54
3.6Other services28,172,2277.9815,813,7117.27
GVA at basic prices 353,130,018 217,384,494