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Tamil Nadu Economic Growth Record
May 1 , 2026
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- Tamil Nadu recorded strong growth with 10.83% GSDP (Gross State Domestic Product) in 2025-26 after 11.19% in 2024-25.
- This is above the national average of 7.4%, showing two years of double-digit growth.
- The State is the second-largest economy and recorded average growth of 9.07% (2021-22 to 2025-25).
- This is higher than 5.21% (2016-17 to 2020-21) and 7.18% (pre-COVID), showing a strong recovery due to fiscal and industrial policies.
- Nominal GSDP increased from ₹31.19 lakh crore (2024-25) to ₹35.29 lakh crore (2025-26), with 13.16% growth, the highest among States.
- The secondary sector is the main driver with 15.02% growth, higher than the national 6.6%; manufacturing grew 14.22% and construction 15.02% (both ~7% nationally); the State contributes 13.35% to India’s manufacturing GDP and has 40,000+ factories employing about 25 lakh workers (highest in India).
- The services sector contributes 53.54% of GVA (Gross Value Added) and grew 8.54% (below the national 9.1%); transport, storage and communication grew 13.35% and financial services 11.11%.
- The primary sector grew 5.92% (above the national 2.7%), supported by the agriculture growth of 8.91%.
- Per capita income (NSDP – Net State Domestic Product) increased from ₹2.096 lakh (2020-21) to ₹4.08 lakh (2025-26), second highest after Karnataka; the all-India average is ₹2.196 lakh.
- FDI (Foreign Direct Investment) inflows rose from $2,169 million (2022-23) to $3,681 million (2024-25).
- TN ranked 2nd in Export Preparedness Index by NITI Aayog with a score of 64.41 after Maharashtra.
- Fiscal deficit reduced from 4.91% of GSDP (2020-21) to 3% (2026-27 BE – Budget Estimate); revenue deficit reduced from 3.49% to 1.2%; debt-GSDP remains around 26%, showing fiscal discipline despite limited devolution after the Finance Commission.
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