Economy of Punjab - StatisticsTimes.com

GDP of Punjab

Year	At current prices (crore INR)				At 2011-12 prices (crore INR)
Year	GSDP	GSVA	NSDP	NSVA	GSDP	GSVA	NSDP	NSVA
2011-12	266,628	253,774	239,227	22,637,295	266,628	253,774	239,227	22,637,295
2012-13	297,734	280,838	267,116	25,022,049	280,823	265,401	251,813	23,639,091
2013-14	332,147	308,329	297,908	27,409,014	299,450	279,251	267,515	24,731,649
2014-15	355,102	328,779	316,745	29,042,294	312,125	290,094	278,485	25,645,318
2015-16	390,087	353,155	350,011	31,307,876	330,052	305,209	294,895	27,005,167
2016-17	426,988	386,189	384,197	34,339,784	352,721	324,845	315,783	28,790,790
2017-18	471,014	427,010	422,638	37,863,437	375,406	344,686	335,057	30,433,742
2018-19	512,510	463,988	459,218	41,069,595	397,019	362,945	353,942	31,986,830
2019-20	537,031	490,095	478,916	43,198,001	413,295	377,805	367,558	33,206,828
2020-21	540,853	486,839	473,356	41,934,200	407,264	372,586	355,205	32,052,671
2021-22	627,717	562,593	542,135	47,701,136	437,373	397,717	376,674	33,701,781
2022-23	681,251	626,711	586,014	53,147,347	465,079	421,344	399,564	35,582,940
2023-24	744,899	682,515	642,141	57,975,678	495,881	447,007	424,824	37,594,915

GDP per capita of Punjab

Year	Per capita at current prices (INR)		Per capita at 2011-12 prices (INR)
Year	GSDP	NSDP	GSDP	NSDP
2011-12	95,379	85,577	95,379	85,577
2012-13	105,129	94,318	99,158	88,915
2013-14	115,764	103,831	104,368	93,238
2014-15	122,166	108,970	107,380	95,807
2015-16	132,467	118,858	112,080	100,141
2016-17	143,123	128,780	118,229	105,848
2017-18	155,841	139,835	124,207	110,857
2018-19	167,378	149,974	129,660	115,592
2019-20	173,119	154,385	133,231	118,487
2020-21	172,097	150,620	129,590	113,025
2021-22	197,156	170,276	137,372	118,307
2022-23	211,204	181,678	144,185	123,874
2023-24	227,951	196,505	151,746	130,002

GDP Growth of Punjab

Year	Growth (%) at current prices (INR)		Growth (%) at 2011-12 prices (INR)
Year	GSDP	NSDP	GSDP	NSDP
2012-13	11.67	11.66	5.32	5.26
2013-14	11.56	11.53	6.63	6.24
2014-15	6.91	6.32	4.23	4.10
2015-16	9.85	10.50	5.74	5.89
2016-17	9.46	9.77	6.87	7.08
2017-18	10.31	10.01	6.43	6.10
2018-19	8.81	8.66	5.76	5.64
2019-20	4.78	4.29	4.10	3.85
2020-21	0.71	-1.16	-1.46	-3.36
2021-22	16.06	14.53	7.39	6.04
2022-23	8.53	8.09	6.33	6.08
2023-24	9.34	9.58	6.62	6.32

Sectorwise GDP of Punjab

	Sector	GVA (Rupees in Lakh) at current prices		GVA (Rupees in Lakh) at 2011-12 prices
	Sector	2023-24	% share	2023-24	% share
1	Primary Sector	17,478,822	25.61	9,929,360	22.21
1.1	Agriculture, forestry & fishing	17,462,289	25.59	9,923,427	22.20
1.11	Crops	9,416,675	13.80	5,433,294	12.15
1.12	Livestock	6,670,720	9.77	3,519,101	7.87
1.13	Forestry & logging	1,136,171	1.66	851,077	1.90
1.14	Fishing and aquaculture	238,723	0.35	119,955	0.27
1.2	Mining & quarrying	16,533	0.02	5,933	0.01
2	Secondary Sector	18,960,106	27.78	12,280,595	27.47
2.1	Manufacturing	11,432,433	16.75	7,387,851	16.53
2.2	Electricity, gas, water supply & other utility services	2,262,526	3.31	1,614,770	3.61
2.3	Construction	5,265,147	7.71	3,277,974	7.33
3	Tertairy Sector	31,812,525	46.61	22,490,704	50.31
3.1	Trade, repair, hotels and restaurants	7,075,148	10.37	4,791,069	10.72
3.11	Trade & repair services	6,667,602	9.77	4,498,226	10.06
3.12	Hotels & restaurants	407,546	0.60	292,843	0.66
3.2	Transport, storage, communication & services related to broadcasting	3,868,674	5.67	2,540,687	5.68
3.21	Railways	520,651	0.76	282,913	0.63
3.22	Road transport	1,659,508	2.43	1,154,622	2.58
3.23	Water transport	0	0.00	0	0.00
3.24	Air transport	27,046	0.04	23,600	0.05
3.25	Services incidental to transport	113,886	0.17	63,941	0.14
3.26	Storage	77,039	0.11	57,066	0.13
3.27	Communication & services related to broadcasting	1,470,544	2.15	958,545	2.14
3.3	Financial services	3,312,324	4.85	2,554,182	5.71
3.4	Real estate, ownership of dwelling & professional services	6,449,977	9.45	4,470,334	10.00
3.5	Public administration	3,699,154	5.42	2,853,190	6.38
3.6	Other services	7,407,248	10.85	5,281,242	11.81
	GVA at basic prices	68,251,453		44,700,659

Source	Ministry of Statistics and Programme Implementation
Date	10 Oct 2024