Himachal Pradesh budget and economy
Himachal Pradesh is known for its apples and other fruit, which bring income to thousands of hill families. Tourism is a major source of jobs, and the rivers of the state produce a large amount of hydroelectric power, much of it sold to other states.
Key figures
| GSDP, 2026-27 (budget projection, current prices) | Rs 2.77 lakh crore (9% more than 2025-26) |
|---|---|
| Real growth, 2025-26 (constant prices) | 8.3 per cent |
| Share of the economy, 2025-26 | agriculture 14.3%, industry 39.4%, services 46.3% |
| Per capita income, 2025-26 (current prices) | Rs 2,83,626 |
GSDP (gross state domestic product) is the value of all goods and services produced in the state in a year. Real growth leaves out the effect of rising prices.
Sources
Figures: the Himachal Pradesh budget for 2026-27 and MoSPI estimates, as summarised by PRS Legislative Research (linked below).
Reference links
- PRS Legislative Research: Himachal Pradesh Budget Analysis 2026-27: summary of the state budget
- Ministry of Statistics and Programme Implementation: official GDP and state GSDP estimates
- Reserve Bank of India: Handbook of Statistics on Indian States: official state-wise economic data