Economy of Assam

Economy of Assam
Guwahati, the capital of Assam as viewed from atop of Nilachal hill.
CurrencyIndian rupee (INR, ₹)
1 April – 31 March
Country group
Statistics
GDP₹6.43 lakh crore (US$77 billion) (2024–25 est.)[3]
GDP rank17th
GDP growth
10.2% (2022-23 est.)[3]
GDP per capita
₹182,600 (US$2,200) (2024-25)[3]
GDP per capita rank
28th
GDP by sector
Agriculture 25%
Industry 30%
Services 45% (2021-22)[3]
Population below poverty line
Positive decrease 31.98% in poverty (2017–18)[4]
Increase 0.597 medium (2018) (30th)
UnemploymentSteady 4.0% (Nov 2020)[5]
Public finances
25.74% of GSDP (2022-23 est.)[3]
₹−15,354 crore (US$−1.8 billion) (3.19% of GSDP) (2022-23 est.)
Revenues₹99,674 crore (US$12 billion) (2022-23 est.)[3]
Expenses₹1.15 lakh crore (US$14 billion) (2022-23 est.)[3]
All values, unless otherwise stated, are in US dollars.
The per capita income of Assam was higher than the national average soon after Indian Independence. But it has slipped since, and the difference has become larger since liberalization of the Indian economy in the 1980s.

The Economy of Assam is largely agriculture based with 69% of the population engaged in it.

  1. ^ "World Economic Outlook Database, April 2019". IMF.org. International Monetary Fund. Retrieved 29 September 2019.
  2. ^ "World Bank Country and Lending Groups". World Bank. Retrieved 29 September 2019.
  3. ^ a b c d e f g "Assam Budget Analysis 2022-23". PRS Legislative Research.
  4. ^ "SDGs India Index". NITI Aayog. 31 December 2019.
  5. ^ "Unemployment Rate in India". Centre for Monitoring Indian Economy. Retrieved 3 November 2020.