Government of Andhra Pradesh · Economic Development Board
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Home / Why Andhra Pradesh / The economy

A ₹16 lakh crore economy growing at 12.9%

India’s eighth-largest state economy, with per capita income a third above the national average and a poverty rate less than half the national figure.

Amaravati skyline or an operating plant floor
₹16.06 L crGross State Domestic Product, FY25 at current pricesGrowth 12.94% over FY24
9.24%Real GSDP growth at constant 2011–12 pricesAbove the national GDP growth rate
₹2,68,653Per capita income, current pricesNational average ₹2,00,162 — AP is 34% higher
$211 bnProjected GSDP, FY27At 15% compound annual growth

Where the output comes from

Services lead, on a broad industrial and agricultural base.

Services: 42%Agriculture and allied: 35%Manufacturing: 23%42%35%23%GSDP FY25₹16.06 L cr
Services42%
Agriculture and allied35%
Manufacturing23%

Social floor

6.06%multidimensional poverty headcount, against 14.96% nationally
4.1%unemployment rate, 2023–24
9thSDG India Index 2023–24, and 1st on clean energy
997sex ratio, above the national average

Swarna Andhra Vision 2047

The state’s long-horizon framework sets three targets for 2047: a GSDP above USD 2.4 trillion, per capita income above USD 42,000, and zero poverty through the Public–People–Philanthropic Partnership model.

Against a FY25 base of ₹16.06 lakh crore, that implies sustained double-digit nominal growth for two decades.