How much does Kerala contribute to GDP?

Kerala has 1.18% of India’s geographical area, 2.76% of population and contributes 4.11% of country’s GDP. Sate’s Per Capita income is 50% above National per Capita Income.

Is Kerala economy good?

The economy of Kerala is the 9th largest in India, with an annual gross state product (GSP) of ₹9.78 lakh crore (US$138.88 billion) in 2020–2021. Per-capita GSP of Kerala during the same period is ₹205,484 (US$2,917.97), the sixth largest in India.

Is Kerala a rich country?

Kerala is a small, densely crowded state in South India. It is a poor state, even by Indian standards. Its per capita income of US$80 lies well below the all-India average of US$120, and it suffers from the lowest per capita caloric intake in India.

Why is Kerala so poor?

The state’s poverty can be traced to their strident anti-capitalism: Kerala has an abundance of natural resources, but industries have largely stayed away, for fear of the state’s difficult trade unions, pro-union courts, and high minimum wages.

What is the GDP growth rate of Kerala?

Parameter Kerala India GSDP as a percentage of all states’ GSDP 4.05 100.0 GSDP growth rate (%) 10.59 10.8 Per capita GSDP (US$) 1,181.15 1,750.29 Kerala’s Contribution to Indian Economy (2016-17)

Which is the Department of Economics and Statistics in Kerala?

The Department of Economics & Statistics, Government of Kerala is the nodal agency of the state responsible for the systematic collection, compilation, analysis, objective, interpretation and dissemination of statistics relating to various sectors of Kerala Economy. Kerala is one of the states in India having a well-organized statistical system.

What’s the economic growth rate in the Philippines?

Philippines economic growth for 2019 was $376.80B, a 8.64% increase from 2018. Philippines economic growth for 2018 was $346.84B, a 5.59% increase from 2017. Philippines economic growth for 2017 was $328.48B, a 3.09% increase from 2016. Philippines economic growth for 2016 was $318.63B, a 3.97% increase from 2015.

What kind of revenue does Kerala get from taxes?

The total revenue from taxes on liquor was Rs. 55.39 billion in 2009-10. Rum and brandy are the preferred drinks in Kerala in a country where whisky outsells every other liquor. Taxes on alcohol was a major source of revenue for the state government, but of late, it has been showing a declining trend.

https://www.youtube.com/watch?v=h85w4R6nang