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About: Economy of Punjab, India     Goto   Sponge   NotDistinct   Permalink

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The economy of Punjab is the 16th largest state economy in India with ₹5.41 lakh crore (US$68 billion) (FY2020-21) in gross domestic product and a per capita GDP of US$2360(180,000) ranking 19th amongst Indian states. Punjab ranked first in GDP per capita amongst Indian states in 1981 and fourth in 2001, but has experienced slower growth than the rest of India in recent years, having the second-slowest GDP per capita growth rate of all Indian states and UTs between 2000 and 2010, behind only Manipur. Between 1992 and 2014, Punjab's life expectancy also grew slower than most Indian states; while rising from 69.4 to 71.4 years, Punjab's rank amongst Indian states in life expectancy at birth fell from first to sixth.