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Macroeconomic Overview of Punjab

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Economic growth�

  • Punjab’s GSDP grew at an average rate of 5.75% between 2015-16 and 2019-20.
  • Overall GSVA grew at 3.53% in 2019-20(Q), against 5.30% in 2018-19.
  • Economic Growth in Punjab has declined in the year 2019-20(Q) in line with national trends.

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Economic growth�

  • Despite the moderation in growth rates over the past few years, Punjab’s economy is expected to contract in 2020-21. Since 2013-14, growth rate in Punjab was slower than the national average.
  • The advance estimates for 2020-21 indicate that contraction in GSDP of Punjab is 1.3% less as compared at all India level.

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Economic growth�

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Sectoral performance

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Sector wise share of GVA and Employment

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Growth Rates And Share Of Agriculture And Allied Sectors

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Growth Rate and Share of Industrial Sector

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Growth rates and share of Service Sector

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Demography and employment

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Distribution of Punjab’s Population into different Age Group

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Sex Ratio in Punjab in relation to other States

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Sex Ratio in Rural and Urban Punjab

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Migration trends in Punjab�

  • Punjab is the unique state which attract high in-migration from other States .As per 2011 Census data, over 24 lac people (24, 88,299) from states across the country migrated to Punjab. Punjab IS 8th largest share of migrants from other states. Majority of these migrants were females, with a share of 55.2%.

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Distribution of Migrants on the basis of purpose of shifting

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Employment and Unemployment indicators of Punjab w.r.t India

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Employment and Unemployment indicators of Punjab w.r.t India

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Composition of Workforce in Punjab

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Percentage of informal Non Agriculture Employment

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Status of youth Unemployment in Punjab