Tamil Nadu’s Gross State Domestic Product grew 8.23% in 2023-24
At constant prices, Tamil Nadu’s per capita incomes were 1.68 times the national per capita income for both 2022-23 and 2023-24. | Photo Credit: Getty Images Tamil Nadu’s Gross State Domestic Product (GSDP) grew 8.13% in 2022-23 and 8.23% in 2023-24 at constant prices, while at current prices, the growth rates were 15.48% in 2022-23 and 13.71% in 2023-24. The growth rates for the All India GDP were 6.99% in 2022-23 and 8.15% in 2023-24 at constant prices, while at current prices, they were 14.21% in 2022-23 and 9.60% in 2023-24, the State Department of Economics and Statistics said in a statement issued on Monday. Tamil Nadu ranked second in GSDP at current prices, only behind Maharashtra, and third in GSDP at constant prices, being surpassed by Maharashtra and Gujarat, in 2022-23. A relative ranking for 2023-24 could not be estimated as the GSDP data for a few other States has not been released, it added. Tamil Nadu’s inflation rates were 5.97% in 2022-23 and 5.37% in 2023-24, compared to the All India inflation rates …
