Kerala has the highest literacy rate of 94%, as per Census 2011. The state is also the largest producer of coir and coconut in India.
Kerala is one of the few states to have marketed its natural beauty successfully to the leisure tourism sector. The state's unique heritage and cultural diversity has attracted tourists from around the world. BBC Travel survey has rated Kerala as the top favorite tourist destination among foreign travelers in 2018. At current prices, Kerala’s total GSDP is estimated at Rs. 10,17,872.58 crore (US$ 124.18 billion) in 2022-23, an increase of 12.2% over FY22. The state’s GSDP recorded a CAGR of 8.84% between 2015-16 and 2022-23. Kerala has a wide range of fiscal and policy incentives for businesses under the Industrial and Commercial Policy and has well-drafted sector-specific policies.
In FY23, the state had a total installed power generation capacity of 6,385.84 MW, of which 2,232.01 MW was accounted by state utilities, 2,312.28 MW by central utilities, and 1,841.55 MW by the private sector.
According to the Department for Promotion of Industry and Internal Trade (DPIIT), cumulative FDI inflows in Kerala were valued at US$ 781.98 million between October 2019-March 2023.
Exports from the state stood at US$ 4.28 billion in FY23.
NOTE: * - As per 3rd Advance Estimates