Economy of Punjab

Source Ministry of Statistics and Programme Implementation
Date01 Oct 2025

GDP of Punjab

Year At current prices (crore INR) At 2011-12 prices (crore INR)
GSDPGSVANSDPNSVAGSDPGSVA NSDPNSVA
2011-12266,628253,774239,22722,637,295266,628253,774239,22722,637,295
2012-13297,734280,838267,11625,022,049280,823265,401251,81323,639,091
2013-14332,147308,329297,90827,409,014299,450279,251267,51524,731,649
2014-15355,102328,779316,74529,042,294312,125290,094278,48525,645,318
2015-16390,087353,155350,01131,307,876330,052305,209294,89527,005,167
2016-17426,988386,189384,19734,339,784352,721324,845315,78328,790,790
2017-18471,014427,010422,63837,863,437375,406344,686335,05730,433,742
2018-19512,510463,988459,21841,069,595397,019362,945353,94231,986,830
2019-20537,031490,095478,91643,198,001413,295377,805367,55833,206,828
2020-21540,853486,839473,35641,934,200407,264372,586355,20532,052,671
2021-22627,717562,593542,13547,701,136437,373397,717376,67433,701,781
2022-23692,519638,156599,31554,495,109468,396424,661403,83036,009,551
2023-24771,744703,765671,12460,314,498497,764448,889427,29237,841,743
2024-25838,637763,326732,29965,698,807528,239474,800452,45439,901,449

GDP per capita of Punjab

Year Per capita at current prices (INR) Per capita at 2011-12 prices (INR)
GSDPNSDPGSDPNSDP
2011-1295,37985,57795,37985,577
2012-13105,12994,31899,15888,915
2013-14115,764103,831104,36893,238
2014-15122,166108,970107,38095,807
2015-16132,467118,858112,080100,141
2016-17143,123128,780118,229105,848
2017-18155,841139,835124,207110,857
2018-19167,378149,974129,660115,592
2019-20173,119154,385133,231118,487
2020-21172,097150,620129,590113,025
2021-22197,156170,276137,372118,307
2022-23214,697185,802145,214125,197
2023-24236,165205,374152,324130,758
2024-25253,317221,197159,558136,667

GDP Growth of Punjab

Year Growth (%) at current prices (INR) Growth (%) at 2011-12 prices (INR)
GSDPNSDPGSDPNSDP
2012-1311.6711.665.325.26
2013-1411.5611.536.636.24
2014-156.916.324.234.10
2015-169.8510.505.745.89
2016-179.469.776.877.08
2017-1810.3110.016.436.10
2018-198.818.665.765.64
2019-204.784.294.103.85
2020-210.71-1.16-1.46-3.36
2021-2216.0614.537.396.04
2022-2310.3210.557.097.21
2023-2411.4411.986.275.81
2024-258.679.126.125.89

Sectorwise GDP of Punjab

Sector GVA (Rupees in Lakh) at current prices GVA (Rupees in Lakh) at 2011-12 prices
2024-25% share2024-25% share
1Primary Sector17,816,37923.3410,008,41121.08
1.1Agriculture, forestry & fishing17,798,53523.3210,002,35821.07
1.11Crops9,848,92412.905,531,47311.65
1.12Livestock6,498,0748.513,469,1817.31
1.13Forestry & logging1,178,3851.54873,0251.84
1.14Fishing and aquaculture273,1520.36128,6800.27
1.2Mining & quarrying17,8450.026,0530.01
2Secondary Sector21,549,09628.2312,913,35427.20
2.1Manufacturing12,560,58316.467,703,45016.22
2.2Electricity, gas, water supply & other utility services2,725,9063.571,697,5273.58
2.3Construction6,262,6078.203,512,3777.40
3Tertairy Sector36,967,11248.4324,558,22951.72
3.1Trade, repair, hotels and restaurants7,387,3819.685,112,60810.77
3.11Trade & repair services6,797,7898.914,780,79210.07
3.12Hotels & restaurants589,5920.77331,8160.70
3.2Transport, storage, communication & services related to broadcasting4,300,8795.632,815,5025.93
3.21Railways568,8740.75409,4690.86
3.22Road transport1,858,4632.431,233,4322.60
3.23Water transport00.0000.00
3.24Air transport29,9950.0428,3660.06
3.25Services incidental to transport118,3050.1568,2450.14
3.26Storage98,7900.1362,1150.13
3.27Communication & services related to broadcasting1,626,4522.131,013,8742.14
3.3Financial services3,960,1805.192,738,0835.77
3.4Real estate, ownership of dwelling & professional services8,623,55611.305,027,22410.59
3.5Public administration4,258,2465.583,136,5056.61
3.6Other services8,436,87111.055,728,30812.06
GVA at basic prices 76,332,587 47,479,995