In financial year 2024, the gross state domestic product of Maharashtra in India amounted to over 40 trillion Indian rupees, up from the previous year. The western state saw a constant increase in the gross domestic product over the years except between financial year 2020 and 2021.

In financial year 2024, the gross domestic product for agriculture in the south-western Indian state of Maharashtra amounted to 2.28 trillion Indian rupees. This was a slight decrease from the previous year. GDP growth rate Interestingly, the real GDP growth rate for the country also saw a decline that year at about 6.12 percent as compared to the previous year. This decline was reflected in state deficits and inflation rates in the country. To revert these negative rates and prevent the Indian economy's collapse, the government had taken several measures in the 2020 budget. Some of the government's efforts to attract investments in the economy included a reduction in tax rates, improved capacity to spend in the rural sector, and infrastructure creation. Agriculture – the backbone of Indian economy The agriculture industry provided livelihoods for nearly 65 percent of the country's population in terms of direct and indirect employment. This made agriculture the backbone of Indian economy. The importance of agricultural products was further established as the primary source of raw material supply in the country's leading industries.

NSDP Per Capita: Maharashtra data was reported at 277,603.025 INR in 2024. This records an increase from the previous number of 252,388.560 INR for 2023. NSDP Per Capita: Maharashtra data is updated yearly, averaging 172,663.121 INR from Mar 2012 (Median) to 2024, with 13 observations. The data reached an all-time high of 277,603.025 INR in 2024 and a record low of 99,597.286 INR in 2012. NSDP Per Capita: Maharashtra data remains active status in CEIC and is reported by Ministry of Statistics and Programme Implementation. The data is categorized under Global Database’s India – Table IN.GEI004: Memo Items: State Economy: Net State Domestic Product per Capita.

The estimated per capita income across the western state of Maharashtra in India stood at around 278 thousand Indian rupees in the financial year 2024. There was a significant increase in the income per capita in the state since the financial year 2012. Sikkim recorded the highest per capita income in the country.

154.321.127,00 (%) in 2015. Real Growth Rate of States in GSDP at Constant price (94-95 to 11-12)

NAS 1999-2000: Gross District Domestic Product per Capita: Maharashtra: Amravati data was reported at 28,223.000 INR in 2007. This records an increase from the previous number of 25,542.000 INR for 2006. NAS 1999-2000: Gross District Domestic Product per Capita: Maharashtra: Amravati data is updated yearly, averaging 20,671.000 INR from Mar 2000 (Median) to 2007, with 8 observations. The data reached an all-time high of 28,223.000 INR in 2007 and a record low of 19,108.000 INR in 2001. NAS 1999-2000: Gross District Domestic Product per Capita: Maharashtra: Amravati data remains active status in CEIC and is reported by Planning Commission. The data is categorized under India Premium Database’s National Accounts – Table IN.AP003: Gross District Domestic Product per Capita: Current Price.

The second wave of the coronavirus (COVID-19) in India saw the highest share of infections from Maharashtra. Incidentally, this was also the state that contributed most, at about 15 percent, in terms of GDP to the country. Estimates of the lockdown imposed in April 2021 across the state put economic losses at nearly 400 billion Indian rupees for the entire country. The most affected sectors included trade, hotels, transport and storage.

404.425.073 (INR, lakhs) in 2023. A lakh is a unit in the Indian numbering system equal to one hundred thousand (100,000)

318.560 (INR, lakhs) in 2023. A lakh is a unit in the Indian numbering system equal to one hundred thousand (100,000)

In the financial year 2023, Maharashtra emerged as the leader in rural manufacturing GDP within India, reaching approximately 4.7 trillion Indian rupees. Following closely behind was Uttar Pradesh, with a notable figure of about four trillion rupees. The nine listed states account for roughly 72 percent of the rural manufacturing GVA in India.

Census: Population: Maharashtra: Tumsar data was reported at 44,869.000 Person in 03-01-2011. This records an increase from the previous number of 42,021.000 Person for 03-01-2001. Census: Population: Maharashtra: Tumsar data is updated decadal, averaging 21,580.000 Person from Mar 1901 (Median) to 03-01-2011, with 12 observations. The data reached an all-time high of 44,869.000 Person in 03-01-2011 and a record low of 4,378.000 Person in 03-01-1911. Census: Population: Maharashtra: Tumsar data remains active status in CEIC and is reported by Office of the Registrar General & Census Commissioner, India. The data is categorized under India Premium Database’s Demographic – Table IN.GAC021: Census: Population: By Towns and Urban Agglomerations: Maharashtra.

NAS 1980-1981: Gross State Domestic Product: Maharashtra: Other Services data was reported at 166,189.600 INR mn in 1998. This records an increase from the previous number of 144,438.100 INR mn for 1997. NAS 1980-1981: Gross State Domestic Product: Maharashtra: Other Services data is updated yearly, averaging 42,569.650 INR mn from Mar 1981 (Median) to 1998, with 18 observations. The data reached an all-time high of 166,189.600 INR mn in 1998 and a record low of 11,359.200 INR mn in 1981. NAS 1980-1981: Gross State Domestic Product: Maharashtra: Other Services data remains active status in CEIC and is reported by Ministry of Statistics and Programme Implementation. The data is categorized under India Premium Database’s National Accounts – Table IN.AN018: Gross State Domestic Product: Maharashtra (Discontinued). Rebased from 1980-1981 base to 1993-1994 base. Replacement series ID: 63571801

In financial year 2023, Uttar Pradesh emerged as the leader in rural services GDP within India, reaching approximately 6.3 trillion Indian rupees. Following closely behind was Maharashtra, with an impressive figure of about 6.14 trillion rupees. It is noteworthy to observe that India, traditionally recognized for its heavy reliance on agriculture in the rural economy, is experiencing a significant contribution from the services sector in recent years.

In financial year 2023, the Indian state of Maharashtra had the largest share of industries within its rural GDP, accounting for approximately 14 percent of the state's total rural GDP. Uttar Pradesh followed closely behind, with industries contributing 12 percent to its rural GDP.

Census: Population: Maharashtra: Kopargaon data was reported at 65,273.000 Person in 03-01-2011. This records an increase from the previous number of 59,970.000 Person for 03-01-2001. Census: Population: Maharashtra: Kopargaon data is updated decadal, averaging 25,829.000 Person from Mar 1931 (Median) to 03-01-2011, with 9 observations. The data reached an all-time high of 65,273.000 Person in 03-01-2011 and a record low of 7,128.000 Person in 03-01-1931. Census: Population: Maharashtra: Kopargaon data remains active status in CEIC and is reported by Office of the Registrar General & Census Commissioner, India. The data is categorized under India Premium Database’s Demographic – Table IN.GAC021: Census: Population: By Towns and Urban Agglomerations: Maharashtra.

Census: Population: Maharashtra: Ambejogai data was reported at 73,975.000 Person in 03-01-2011. This records an increase from the previous number of 69,478.000 Person for 03-01-2001. Census: Population: Maharashtra: Ambejogai data is updated decadal, averaging 16,846.500 Person from Mar 1901 (Median) to 03-01-2011, with 12 observations. The data reached an all-time high of 73,975.000 Person in 03-01-2011 and a record low of 9,280.000 Person in 03-01-1921. Census: Population: Maharashtra: Ambejogai data remains active status in CEIC and is reported by Office of the Registrar General & Census Commissioner, India. The data is categorized under India Premium Database’s Demographic – Table IN.GAC021: Census: Population: By Towns and Urban Agglomerations: Maharashtra.

The impact of the coronavirus (COVID-19) lockdown in India slashed GDP growth forecasts for financial year 2021. Among the agencies that estimated growth, World Bank predicted a contraction of nearly ten percent, while the SBI (before the Maharashtra lockdown in April 2021) estimated a decline of seven percent.

For further information about the coronavirus (COVID-19) pandemic, please visit our dedicated Fact and Figures page.

Maharashtra: Baramati: Total Electors data was reported at 2,114,663.000 Person in 03-01-2019. This records an increase from the previous number of 1,813,553.000 Person for 03-01-2014. Maharashtra: Baramati: Total Electors data is updated quinquennially, averaging 1,399,042.000 Person from Mar 1971 (Median) to 03-01-2019, with 13 observations. The data reached an all-time high of 2,114,663.000 Person in 03-01-2019 and a record low of 482,816.000 Person in 03-01-1971. Maharashtra: Baramati: Total Electors data remains active status in CEIC and is reported by Election Commission of India. The data is categorized under India Premium Database’s General Election – Table IN.GEA020: General Election: Loksabha: Election Outcome of Parliamentary Constituencies: Maharashtra.

In financial year 2023, the Indian state of Uttar Pradesh had the highest share of services within its rural GDP, constituting approximately 15 percent of the state's total rural GDP. Maharashtra followed closely, with services contributing 14 percent to its rural GDP.

The gross value added from livestock sector across Maharashtra amounted to over 537 billion Indian rupees in fiscal year 2020. The south-western state contributed over seven percent to the economic value in India from this sector. Livestock products contributed over seven trillion rupees that year to the country's economy.