Tamil Nadu Achieves Highest Real Economic Growth Rate in India for 2024-25
| Aspect | Details |
|---|---|
| Real Economic Growth Rate (2024-25) | 9.69% (Highest in India and Tamil Nadu's best in 10 years) |
| Nominal Growth Rate (2024-25) | 14.02% (Highest among Indian states) |
| GSDP at Constant Prices (2023-24) | Rs.15,71,368 crore |
| GSDP at Constant Prices (2024-25) | Rs.17,23,698 crore |
| Key Growth Sectors | Tertiary (Services) - 12.7%, Secondary - 9%, Primary - 0.15% |
| Tertiary Sector Highlights | Real estate & professional services (13.6%), Communication & broadcasting (13%), Trade, hotels & restaurants (11.7%) |
| Secondary Sector Highlights | Construction (10.6%), Manufacturing (8%) |
| Primary Sector Struggles | Crop production (-5.93%), Livestock (3.84%) |
| Expert Predictions | Madras School of Economics (MSE) predicted 9.3%, actual growth was 9.69% |
| Future Growth Potential | Could become a $1 trillion economy by 2032-33 with sustained growth and increased exports |