Economy of Jammu and Kashmir
 Amar Mahal Palace | |
| Currency | Indian Rupee (INR, ₹) |
|---|---|
| 1 April - 31 March | |
| Statistics | |
| GDP |  ₹3.16 lakh crore (US$33 billion) (nominal; 2026-27)[2]
$155.27 billion[3][4](PPP; 2025-26 est.) |
| GDP rank | 21st |
| 9.5% (2025-26 est.)[2] | |
GDP per capita | ₹206,189 (US$2,100) (2025-26)[2]
$11,148[5] (PPP; 2025-26 est.) |
GDP per capita rank | 21th |
GDP by sector | Agriculture: 20% Industry: 19% Services: 61% (2025–26)[6] |
| 0.763 High (2023) (7th)[7] | |
All values, unless otherwise stated, are in US dollars. | |
In the fiscal year 2023–2024, it is expected that Jammu and Kashmir's Gross Domestic Product (GDP) will exceed Rs 2.30 lakh crore, with a growth rate of 10 per cent.[8] Along with horticulture and agriculture, tourism is an important industry for Jammu and Kashmir, accounting for about 7% to its economy.[9]
References
- ↑ "Jammu and Kashmir Budget Analysis 2026-27". PRS Legislative Research. Retrieved 23 August 2026.
- 1 2 3 "Jammu and Kashmir Budget Analysis 2026–27". PRS Legislative Research. Retrieved 6 February 2026.
- ↑ "Jammu and Kashmir Budget Analysis 2026-27". PRS Legislative Research. PRS India. Retrieved 23 February 2026.
- ↑ "World Economic Outlook October 2025: Implied PPP Conversion rate". Retrieved 6 August 2025.
- ↑ "Jammu and Kashmir Budget Analysis 2026-27". PRS Legislative Research. PRS India. Retrieved 6 February 2026.
- ↑ "Jammu and Kasmir Budget Analysis 2026–27". prsindia.org. Retrieved 6 February 2026.
- ↑ "Sub-national HDI – Subnational HDI – Table – Global Data Lab". globaldatalab.org. Retrieved 4 December 2022.
- ↑ Akmali, Mukeet (24 March 2023). "J&K's economy projected to grow 10% in 2023-24". Greater Kashmir. Archived from the original on 3 October 2023. Retrieved 6 August 2023.
- ↑ "Jammu and Kashmir's tourism flourishes, receives highest footfall in 75 years". mint. 7 October 2022. Archived from the original on 30 May 2024. Retrieved 7 October 2022.
Category: