The State of Tamilnadu topped other States by recording a Gross State Domestic Product (GSDP) growth rate of 16 %.
This growth figure was reported by the Reserve Bank of India (RBI).
The report ‘Handbook of Statistics on Indian States, 2024-25’ was released by the RBI.
Between 2021 and 2025, Tamil Nadu’s economy grew by ₹10.50 lakh crore.
The total GSDP value of Tamil Nadu stands at ₹31.19 lakh crore.
The State’s per capita income crossed ₹1.9 lakh per year, marking a major economic milestone.
The GSDP at current prices increased from Rs 26.88 lakh crore in 2023-24 to Rs 31.18 lakh crore in 2024-25.
In this regard, Tamilnadu was outpacing Maharashtra and Gujarat.
This continues a consistent upward trend over the past three years, with Tamil Nadu recording growth of 14.47 per cent between 2021-22 and 2022-23, and 2023-24.
Maharashtra, despite having the largest GSDP in absolute terms, reported slower growth compared with Tamil Nadu.
Karnataka saw consistent double-digit performance but remained behind Tamil Nadu in 2024-25 in terms of the pace of expansion
Uttar Pradesh registered particularly strong growth between 2022-23 and 2023-24 but moderated in 2024-25.
Tamilnadu ranks fourth in per capita income, behind Delhi, Telangana and Karnataka.
It's per capita income also rose sharply to Rs 3,61,619 in 2024-25 from Rs 3,13,329 in 2023-24.