Economy of Madhya Pradesh
IT Park, Indore | |
| 1 April – 31 March | |
| Statistics | |
| GDP | ₹16.94 lakh crore (US$200 billion) (2025-26 est.) |
| GDP rank | 10th |
GDP growth | 9.6% (2024-25) |
GDP per capita | $2,356 (nominal,2025est.) $11,344 (ppp,2025est.) |
GDP per capita rank | 25th |
GDP by sector | Agriculture 47% Industry 19% Services 34% (2020-21) |
Population below poverty line | 20.63% |
Labour force by occupation | Agriculture 62% Industry 5% Services 33% (2015) |
| Unemployment | 2.1% (Feb 2022) |
| Public finances | |
| 33.31% of GSDP (2022-23 est.) | |
| ₹−62,564 crore (US$−7.4 billion) 4.11% of GSDP (2024-25 est.) | |
| Revenues | ₹2.63 lakh crore (US$31 billion) (2024-25 est.) |
| Expenses | ₹3.26 lakh crore (US$39 billion) (2024-25 est.) |
All values, unless otherwise stated, are in US dollars. | |
The Economy of Madhya Pradesh refers to the economic growth with respect to the Indian state of Madhya Pradesh. It grew 12% in GDP for the year of 2011–12, for which it received an award from the President Pranab Mukherjee in January 2013 for improving its tourism, medical and infrastructural growth. The economy of Madhya Pradesh is significantly agrarian which is reflecting rapid strides towards industrial and service sectors as well. The Indore, Bhopal and Jabalpur districts are the top 3 districts in terms of highest output generation in the state's economy.