Rajasthan: State economy at a glance

Rajasthan’s economy in 2025-26 (advance estimates) is characterized by growth in both nominal and real terms. The Gross State Domestic Product (GSDP) at current prices is estimated at ₹18.75 lakh crore, while the real GSDP at constant (2011-12) prices stands at ₹9.82 lakh crore. The services sector is the largest contributor to Gross State Value Added (GSVA), followed by industry and agriculture. All figures below are from the Economic Review 2025-26.

Key Economic Indicators (2025-26)

• GSDP at Current Prices: Estimated at ₹18,75,413 crore (₹18.75 lakh crore), showing a growth rate of 10.24 per cent over the previous year.
• GSDP at Constant (2011-12) Prices: Estimated at ₹9,81,807 crore (₹9.82 lakh crore), with a real growth rate of 8.66 per cent.
• National Contribution: Rajasthan’s GSDP contributes 5.25 per cent to the nation’s GDP at current prices and 4.86 per cent at constant prices in 2025-26.
• Net State Domestic Product (NSDP):
  • At current prices: ₹16,85,118 crore (growth of 10.48 per cent).
  • At constant (2011-12) prices: ₹8,59,333 crore (growth of 8.90 per cent).

Per Capita Income

Per capita income (PCI) is derived by dividing the Net State Domestic Product by the mid-year population.

• PCI at Current Prices: Estimated at ₹2,02,349 in 2025-26, an increase of 9.32 per cent from ₹1,85,095 in 2024-25.
• PCI at Constant (2011-12) Prices: Estimated at ₹1,03,189 in 2025-26, showing a growth of 7.76 per cent over the previous year.
• Comparison with All India: In 2025-26, All India’s PCI at current prices is projected at ₹2,19,575, while Rajasthan’s is ₹2,02,349. At constant prices, All India’s PCI is ₹1,21,968 compared to Rajasthan’s ₹1,03,189.

Sectoral Contribution to GSVA

The GSVA at basic current prices for 2025-26 is estimated at ₹17.12 lakh crore, against ₹15.70 lakh crore in 2024-25, a growth of 9.03 per cent. The sectoral shares are as follows:

• Services Sector: The largest contributor with 47.71 per cent of GSVA. It includes trade, hotels, transport, financial services, real estate, and public administration.
• Industry Sector: Contributes 26.55 per cent to GSVA. This sector comprises mining & quarrying, manufacturing, electricity/gas/water supply, and construction.
• Agriculture Sector: Contributes 25.74 per cent to GSVA. It includes crops, livestock, forestry & logging, and fishing.
• GSVA by sector (2025-26, ₹ crore, current prices): agriculture 4,40,702, industry 4,54,486, services 8,16,828.
• Sectoral Growth Rates (2025-26): Services grew by 13.52 per cent, Industry by 6.99 per cent, and Agriculture by 3.47 per cent over the previous year.

Historical GSDP and Growth Rates

The following figures reflect the state’s economic performance from 2021-22 to 2025-26:

• GSDP at Current Prices (₹ Crore):
  • 2021-22: 11,95,641
  • 2022-23: 13,48,693
  • 2023-24: 15,22,063
  • 2024-25: 17,01,190
  • 2025-26: 18,75,413
• GSDP Growth Rate at Constant Prices (Per Cent):
  • 2021-22: 8.93
  • 2022-23: 6.36
  • 2023-24: 7.66
  • 2024-25: 8.77
  • 2025-26: 8.66
• Note on Estimates: Figures for 2023-24 are Revised Estimates II, 2024-25 are Revised Estimates I, and 2025-26 are Advance Estimates.

State Profile and Geography

• Geographical Area: Rajasthan covers 3,42,239 square kilometers, making it India’s largest state (10.41 per cent of the country’s geographical area). Its rhomboid shape stretches 869 km west to east and 826 km north to south.
• Population: The projected population as on 1st October 2025 is 8.33 crore, making it the sixth most populous state in India.
• Geographical Regions: The state is divided into four major regions: the Western Desert (key for solar energy and mining), the Aravali Hills (biodiversity and tourism), the Eastern Plains (agriculture), and the South-Eastern Plateau (industrial growth).
• Location: Strategically located in northwestern India, it shares a long international boundary with Pakistan and is surrounded by Punjab, Haryana, Uttar Pradesh, Madhya Pradesh, and Gujarat.

Industrial and Infrastructure Highlights

• Power Capacity: The installed capacity of power in the state is 31,556 MW (data up to December 2025).
• Renewable Energy: The Economic Review describes the state as a renewable energy hub with investments in solar and wind power.
• Commercial Bank Credit: As on 30th September (2025-26), commercial bank credit stood at ₹6,91,943 crore.
• Gross Fixed Capital Formation: ₹5,02,412 crore in 2024-25 at current prices, 29.53 per cent of GSDP.
• All India comparison: India’s nominal GDP for 2025-26 is projected at ₹357.14 lakh crore (growth 8.0 per cent), and at constant prices ₹201.90 lakh crore (growth 7.4 per cent).