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Detail Factual Overview

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Economy

Economy

  • GSDP (2023–24 est.): Approx. ₹10.2 lakh crore (USD 125+ billion)
  • Main Sectors:
    • Service Sector: Tourism, IT, education, healthcare
    • Agriculture: Coconut, rubber, spices (pepper, cardamom), tea
    • Industry: Food processing, handloom, coir, electronics (Technopark, Kochi Smart City)
  • Remittances: Major income source from Non-Resident Keralites (especially Gulf countries)
  • Unemployment: Higher than national average (due to high education and low industrialization)