Economy of Karnataka

Source	Ministry of Statistics and Programme Implementation
Date	08 Oct 2024

Top Statistics

IPL 2024

West Bengal Assembly election results

Top 10 largest economies by GDP

Sectorwise GDP of Karnataka
	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	31,469,971	13.70	13,776,574	10.81
1.1	Agriculture, forestry & fishing	29,955,460	13.04	12,624,574	9.90
1.11	Crops	18,828,930	8.20	7,105,318	5.57
1.12	Livestock	8,377,369	3.65	3,981,039	3.12
1.13	Forestry & logging	1,648,848	0.72	946,116	0.74
1.14	Fishing and aquaculture	1,100,313	0.48	592,101	0.46
1.2	Mining & quarrying	1,514,511	0.66	1,151,999	0.90
2	Secondary Sector	44,992,452	19.58	30,560,840	23.97
2.1	Manufacturing	28,652,460	12.47	20,429,434	16.02
2.2	Electricity, gas, water supply & other utility services	3,443,365	1.50	2,142,666	1.68
2.3	Construction	12,896,627	5.61	7,988,741	6.27
3	Tertairy Sector	153,267,223	66.72	83,160,463	65.22
3.1	Trade, repair, hotels and restaurants	22,148,045	9.64	11,645,052	9.13
3.11	Trade & repair services	19,787,662	8.61	10,411,811	8.17
3.12	Hotels & restaurants	2,360,383	1.03	1,233,240	0.97
3.2	Transport, storage, communication & services related to broadcasting	12,644,920	5.50	8,047,996	6.31
3.21	Railways	589,329	0.26	310,649	0.24
3.22	Road transport	8,416,733	3.66	5,650,799	4.43
3.23	Water transport	63,644	0.03	38,061	0.03
3.24	Air transport	148,979	0.06	89,093	0.07
3.25	Services incidental to transport	138,970	0.06	83,107	0.07
3.26	Storage	235,250	0.10	125,089	0.10
3.27	Communication & services related to broadcasting	3,052,015	1.33	1,751,198	1.37
3.3	Financial services	10,762,131	4.68	6,917,928	5.43
3.4	Real estate, ownership of dwelling & professional services	88,040,279	38.32	46,168,970	36.21
3.5	Public administration	6,155,498	2.68	3,420,611	2.68
3.6	Other services	13,516,350	5.88	6,959,906	5.46
	GVA at basic prices	229,729,646		127,497,877

GDP of Karnataka
Year	At current prices (crore INR)				At 2011-12 prices (crore INR)
Year	GSDP	GSVA	NSDP	NSVA	GSDP	GSVA	NSDP	NSVA
2011-12	606,010	552,214	554,952	50,115,604	606,010	552,214	554,952	50,115,603
2012-13	695,413	631,558	635,924	57,206,869	643,033	585,124	586,552	52,864,210
2013-14	816,666	740,373	746,569	67,027,633	704,466	642,007	639,940	57,748,160
2014-15	913,923	831,316	825,782	74,317,539	748,429	683,944	671,284	60,679,874
2015-16	1,045,168	942,669	950,866	84,836,701	831,322	755,307	749,943	67,392,823
2016-17	1,207,608	1,083,394	1,102,636	97,842,298	941,774	845,196	851,394	75,481,591
2017-18	1,333,240	1,199,172	1,209,019	107,495,113	1,019,724	899,770	915,657	79,570,389
2018-19	1,479,391	1,338,719	1,345,999	120,532,597	1,085,101	958,049	977,301	85,025,001
2019-20	1,615,827	1,476,840	1,468,441	132,945,456	1,151,393	1,025,385	1,034,380	90,837,129
2020-21	1,641,460	1,508,669	1,477,657	134,486,561	1,124,942	1,006,832	997,226	87,911,596
2021-22	1,978,094	1,823,310	1,790,456	163,567,167	1,235,377	1,105,350	1,098,510	96,848,304
2022-23	2,269,995	2,076,302	2,055,658	186,196,456	1,335,052	1,188,887	1,187,557	104,139,139
2023-24	2,500,733	2,297,296	2,261,867	205,843,005	1,423,229	1,274,979	1,263,925	111,567,555

GDP per capita of Karnataka
Year	Per capita at current prices (INR)		Per capita at 2011-12 prices (INR)
Year	GSDP	NSDP	GSDP	NSDP
2011-12	98,568	90,263	98,568	90,263
2012-13	111,891	102,319	103,463	94,375
2013-14	129,986	118,829	112,128	101,858
2014-15	143,902	130,024	117,844	105,697
2015-16	162,797	148,108	129,488	116,812
2016-17	186,072	169,898	145,112	131,186
2017-18	204,934	185,840	156,743	140,747
2018-19	225,585	205,245	165,462	149,024
2019-20	244,437	222,141	174,179	156,478
2020-21	246,366	221,781	168,842	149,673
2021-22	294,833	266,866	184,132	163,732
2022-23	336,221	304,474	197,741	175,895
2023-24	368,085	332,926	209,486	186,038

GDP Growth of Karnataka
Year	Growth (%) at current prices (INR)		Growth (%) at 2011-12 prices (INR)
Year	GSDP	NSDP	GSDP	NSDP
2012-13	14.75	14.59	6.11	5.69
2013-14	17.44	17.40	9.55	9.10
2014-15	11.91	10.61	6.24	4.90
2015-16	14.36	15.15	11.08	11.72
2016-17	15.54	15.96	13.29	13.53
2017-18	10.40	9.65	8.28	7.55
2018-19	10.96	11.33	6.41	6.73
2019-20	9.22	9.10	6.11	5.84
2020-21	1.59	0.63	-2.30	-3.59
2021-22	20.51	21.17	9.82	10.16
2022-23	14.76	14.81	8.07	8.11
2023-24	10.16	10.03	6.60	6.43