 Chennai, the capital of Tamil Nadu | |
| Currency | Indian rupee (INR, ₹) |
|---|---|
| 1 April – 31 March | |
Country group |
|
| Statistics | |
| GDP | ₹3,155,096 crore (US$378 billion) (2024–25 est.)[3] |
| GDP rank | 2nd |
GDP growth | 16% (2023-24)[4] |
GDP per capita | ₹350,695 (US$4,202) (2022-23 est.)[3] |
GDP per capita rank | 9th |
GDP by sector | Services: 54% (2020–21) Industry: 33% Agriculture: 13%[4] |
Population below poverty line |  4.3% in poverty (2020–21)[5] |
 0.738 high (2021) (11th) | |
| Unemployment | 4.1% (Dec 2022)[6] |
| External | |
| Exports | ₹4.21 lakh crore (US$50 billion) (2023–24)[7] |
Export goods | Automobiles,[8] mobile phones,[9] software, missile defense, electronics, telecommunications equipment,[10] armaments,[11] locomotives,[12] ships, machinery, steel, aluminium, transportation equipment,[13] tyres, textiles, footwear, leather, chemicals, cement, plastics, toys, food processing, seafood, vegetables, fruits, tea and coffee |
Main export partners |  Australia[14] |
FDI stock | ₹28,049 crore (US$3.4 billion) (2017–18)[15] |
| Public finances | |
| 26.29% of GSDP (2022–23 est.)[4] | |
| ₹−90,114 crore (US$−11 billion) (3.63% of GSDP) (2022–23 est.)[4] | |
| Revenues | ₹2.36 lakh crore (US$28 billion) (2022–23 est.)[4] |
| Expenses | ₹3.33 lakh crore (US$40 billion) (2022–23 est.)[4] |
All values, unless otherwise stated, are in US dollars. | |
Tamil Nadu has the second largest economy of any state in India.[16] The state is also the most industrialised in the country.[17][18] The state is 48.40% urbanised, accounting for around 9.26% of the urban population in the country, while the state as a whole accounted for 5.96% of India's total population in the 2011 census.[19] Services contributes to 54% to the gross domestic product of the state, followed by manufacturing at 33% and agriculture at 13%.[20]
Government is the major investor in the state, with 52% of total investments, followed by private Indian investors at 29.9% and foreign private investors at 14.9%. It has been ranked as the most economically free state in India by the Economic Freedom Rankings for the States of India.[21]
- ^ "World Economic Outlook Database, April 2019". IMF.org. International Monetary Fund. Retrieved 29 September 2019.
- ^ "World Bank Country and Lending Groups". World Bank. Retrieved 29 September 2019.
- ^ a b "Tamil Nadu Budget Analysis 2024-25". PRS Legislative Research. 19 February 2024.
- ^ a b c d e f "Tamil Nadu Budget Analysis 2022–23". PRS Legislative Research. Retrieved 3 April 2022.
- ^ "SDGs India Index". NITI Aayog. 31 December 2019.
- ^ "Unemployment Rate in India". Centre for Monitoring Indian Economy. p. 1. Retrieved 3 November 2020.
- ^ Presentation on Tamil Nadu cgijaffna.gov.in
- ^ Simhan, TE Raja (28 June 2018). "Chennai Port takes lead in wooing Kia Motors". @businessline.
- ^ "India may become the second largest smartphone market: Xiaomi's Raghu Reddy". The Economic Times.
- ^ "Nokia Siemens to expand Chennai facility". The Hindu. 9 August 2011 – via www.thehindu.com.
- ^ "Ashok Leyland looking at Rs 5,100 crore revenue from defence exports". Archived from the original on 19 July 2018. Retrieved 1 January 2024.
- ^ "Indian Railways to export six DMU train sets to Sri Lanka". www.cnbctv18.com. 11 July 2018.
- ^ Market, Capital (10 July 2018). "Steel Strips Wheels bags its largest export order for US truck & trailer aftermarket". Business Standard India – via Business Standard.
- ^ Suneja, Kirtika. "Australian exports to India to grow to $45 bn in 20 years, FDI to $100 bn, says report". The Economic Times.
- ^ "Whopping 300% FDI inflow growth in this non-BJP state; here's list of other top performing states". 12 July 2018.
- ^ "Reserve Bank of India - Publications". rbi.org.in. Retrieved 12 August 2023.
- ^ "Tamil Nadu has most factories in India says RBI report, as state plots path to a trillion-dollar economy". CNBCTV18. 24 November 2022. Retrieved 3 February 2024.
- ^ "ASI - State Wise number of factories for 2019-20 | Ministry of Statistics and Program Implementation | Government Of India". www.mospi.gov.in. Retrieved 4 February 2024.
- ^ "Visualizations | Government of India". censusindia.gov.in. Retrieved 23 March 2023.
- ^ "Tamil Nadu Budget Analysis 2023-24". PRS Legislative Research.
- ^ "Indian States by Economic Freedom - StatisticsTimes.com". statisticstimes.com. Retrieved 25 October 2018.