Economy of Delhi
Connaught Place in New Delhi is an important economic hub of the National Capital. | |
| 1 April – 31 March | |
| Statistics | |
| GDP | $272.603 billion (NCR; Nominal ) $370 billion (NCR; PPP Metro GDP) |
| GDP rank | 12th |
GDP growth | 9.18% (2023–24) |
GDP per capita | $11,300 (2023–24)(Nominal) |
GDP per capita rank | 3rd |
GDP by sector | Agriculture 2% Industry 14% Services 84% (2021–22) |
| Unemployment | 6.6% (Nov 2020) |
| Public finances | |
| ₹−9,194 crore (US$−1.1 billion) (2022–23 est.) | |
| Revenues | ₹61,891 crore (US$7.3 billion) (2022–23 est.) |
| Expenses | ₹71,085 crore (US$8.4 billion) (2022–23 est.) |
All values, unless otherwise stated, are in US dollars. | |
The economy of Delhi is the 12th largest among states and union territories of India. The Nominal GSDP of the NCR was estimated at 272.603 Billion and the Nominal GSDP of the NCT of Delhi for 2023-24 was estimated at ₹11.07 lakh crore (US$130 billion) recording an annual growth of 9.2%. Growth rate in 2014-15 was 9.2%. In 2020-21, the tertiary sector contributed 85% of Delhi's GSDP followed by the secondary and primary sectors at 12% and 3% respectively. The services sector recorded an annual growth of 7.3%. Delhi is the largest commercial centre in northern India. As of 2021, recent estimates of the economy of the urban area of Delhi have ranged from $370 billion (PPP metro GDP) and it has $272.603 billion as (Nominal GDP) ranking it either the most or second-most productive metro area of India.
In recent times, a lot of economic, manufacturing and business activities have been attracted by Noida, Gurugram, Greater Noida, Ghaziabad, Meerut and Faridabad.
A large number of population of Delhi travels daily between Noida, Greater Noida and Gurugram for jobs.