The Gross State Domestic Product (GSDP) of Uttarakhand for the fiscal year 2024-25 is projected to be ₹3,94,675 crore, reflecting a 14% growth over the previous year. ([prsindia.org](https://prsindia.org/files/budget/budget_state/uttarakhand/2024/Uttrakhand_Budget_Analysis-2024-25.pdf?utm_source=chatgpt.com))
This projection aligns with the state's economic trajectory, as the GSDP has seen significant growth over the past two decades. In 2000, during its formation, Uttarakhand's GSDP was ₹14,501 crore, which increased to ₹3,46,000 crore by 2023-24. ([timesofindia.indiatimes.com](https://timesofindia.indiatimes.com/india/uttarakhands-economy-soars-gsdp-rises-24-times-per-capita-income-up-17-times-in-24-years/articleshow/115070308.cms?utm_source=chatgpt.com))
The per capita GSDP in 2023-24 was estimated at ₹2,95,751, marking an annualized increase of 7% since 2017-18. ([prsindia.org](https://prsindia.org/files/budget/budget_state/uttarakhand/2024/Uttrakhand_Budget_Analysis-2024-25.pdf?utm_source=chatgpt.com))
The state's economic growth has been driven by various sectors, with tourism playing a significant role. Two years ago, tourism accounted for 37% of the GSDP, and that contribution has now risen to 43.7%. ([timesofindia.indiatimes.com](https://timesofindia.indiatimes.com/india/uttarakhands-economy-soars-gsdp-rises-24-times-per-capita-income-up-17-times-in-24-years/articleshow/115070308.cms?utm_source=chatgpt.com))
These figures underscore Uttarakhand's robust economic development and its efforts to enhance various sectors contributing to the state's economy.
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