Economy of Punjab
| Source | Ministry of Statistics and Programme Implementation |
| Date | 01 Oct 2025 |
| Sector | GVA (Rupees in Lakh) at current prices | GVA (Rupees in Lakh) at 2011-12 prices | |||
|---|---|---|---|---|---|
| 2024-25 | % share | 2024-25 | % share | ||
| 1 | Primary Sector | 17,816,379 | 23.34 | 10,008,411 | 21.08 |
| 1.1 | Agriculture, forestry & fishing | 17,798,535 | 23.32 | 10,002,358 | 21.07 |
| 1.11 | Crops | 9,848,924 | 12.90 | 5,531,473 | 11.65 |
| 1.12 | Livestock | 6,498,074 | 8.51 | 3,469,181 | 7.31 |
| 1.13 | Forestry & logging | 1,178,385 | 1.54 | 873,025 | 1.84 |
| 1.14 | Fishing and aquaculture | 273,152 | 0.36 | 128,680 | 0.27 |
| 1.2 | Mining & quarrying | 17,845 | 0.02 | 6,053 | 0.01 |
| 2 | Secondary Sector | 21,549,096 | 28.23 | 12,913,354 | 27.20 |
| 2.1 | Manufacturing | 12,560,583 | 16.46 | 7,703,450 | 16.22 |
| 2.2 | Electricity, gas, water supply & other utility services | 2,725,906 | 3.57 | 1,697,527 | 3.58 |
| 2.3 | Construction | 6,262,607 | 8.20 | 3,512,377 | 7.40 |
| 3 | Tertairy Sector | 36,967,112 | 48.43 | 24,558,229 | 51.72 |
| 3.1 | Trade, repair, hotels and restaurants | 7,387,381 | 9.68 | 5,112,608 | 10.77 |
| 3.11 | Trade & repair services | 6,797,789 | 8.91 | 4,780,792 | 10.07 |
| 3.12 | Hotels & restaurants | 589,592 | 0.77 | 331,816 | 0.70 |
| 3.2 | Transport, storage, communication & services related to broadcasting | 4,300,879 | 5.63 | 2,815,502 | 5.93 |
| 3.21 | Railways | 568,874 | 0.75 | 409,469 | 0.86 |
| 3.22 | Road transport | 1,858,463 | 2.43 | 1,233,432 | 2.60 |
| 3.23 | Water transport | 0 | 0.00 | 0 | 0.00 |
| 3.24 | Air transport | 29,995 | 0.04 | 28,366 | 0.06 |
| 3.25 | Services incidental to transport | 118,305 | 0.15 | 68,245 | 0.14 |
| 3.26 | Storage | 98,790 | 0.13 | 62,115 | 0.13 |
| 3.27 | Communication & services related to broadcasting | 1,626,452 | 2.13 | 1,013,874 | 2.14 |
| 3.3 | Financial services | 3,960,180 | 5.19 | 2,738,083 | 5.77 |
| 3.4 | Real estate, ownership of dwelling & professional services | 8,623,556 | 11.30 | 5,027,224 | 10.59 |
| 3.5 | Public administration | 4,258,246 | 5.58 | 3,136,505 | 6.61 |
| 3.6 | Other services | 8,436,871 | 11.05 | 5,728,308 | 12.06 |
| GVA at basic prices | 76,332,587 | 47,479,995 | |||
| Year | At current prices (crore INR) | At 2011-12 prices (crore INR) | ||||||
|---|---|---|---|---|---|---|---|---|
| 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 | 692,519 | 638,156 | 599,315 | 54,495,109 | 468,396 | 424,661 | 403,830 | 36,009,551 |
| 2023-24 | 771,744 | 703,765 | 671,124 | 60,314,498 | 497,764 | 448,889 | 427,292 | 37,841,743 |
| 2024-25 | 838,637 | 763,326 | 732,299 | 65,698,807 | 528,239 | 474,800 | 452,454 | 39,901,449 |
| Year | Per capita at current prices (INR) | Per capita at 2011-12 prices (INR) | ||
|---|---|---|---|---|
| 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 | 214,697 | 185,802 | 145,214 | 125,197 |
| 2023-24 | 236,165 | 205,374 | 152,324 | 130,758 |
| 2024-25 | 253,317 | 221,197 | 159,558 | 136,667 |
| Year | Growth (%) at current prices (INR) | Growth (%) at 2011-12 prices (INR) | ||
|---|---|---|---|---|
| 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 | 10.32 | 10.55 | 7.09 | 7.21 |
| 2023-24 | 11.44 | 11.98 | 6.27 | 5.81 |
| 2024-25 | 8.67 | 9.12 | 6.12 | 5.89 |