Trade Analytics

About Kerala: Information on Tourism Industry, Agriculture, Economy & Geography

Latest update: December, 2019

Economic Snapshot
Per capita Income

 

Factfile

  • Capital:Thiruvananthapuram
  • Geographical Area (sq km):38,863
  • State Language:Malayalam, Hindi, English and Tamil
  • Literacy Rate:94.6 per cent
  • Key Industries:Handlooms and power looms, rubber, bamboo, coir, khadi and village, sericulture, seafood and other marine products, cashew, mining, tourism, food processing, spice and spice extracts, IT & electronics

Last Updated: December, 2019

KERALA State Report | December, 2019

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 have helped attract tourists from the world over. BBC Travel survey has rated Kerala as the top favorite tourist destination among foreign travelers.

At current prices, Kerala’s GSDP was about Rs 8.76 trillion (US$ 125.27 billion) in 2019-20. The state’s GSDP recorded a CAGR of 11.59 per cent between 2011-12 and 2019-20. The state's per capita GSDP was US$ 3,089 during 2017-18 compared with US$ 2,318 during 2011-12.

Kerala can be termed as the land of spices, considering the large variety of spices grown in the state. Kerala is the largest producer of pepper in India and accounts for a lion’s share in India’s production. Apart from pepper, other spices produced in the state include ginger, cardamom, nutmeg, tamarind, etc. During 2019-20 (till Sept 19), spices export from the state stood at US$ 208.89 million.

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.

According to Department for Promotion of Industry and Internal Trade (DPIIT), during April 2000 to June 2019, FDI inflows into Kerala, including Lakshadweep, totaled to US$ 2.24 billion.

Total merchandise exports from the state stood at US$ 9.77 billion during 2018-19. During 2019-20 (till September 2019), the exports stood at US$ 5.09 billion.

Key Sectors:

  • During 2018-19*, fruits and vegetable production in the state stood at 1,885.97 thousand MT and 3,042.86 thousand MT respectively. State accounted for about 78 per cent share in the total natural rubber production in 2017-18. Natural Rubber production in Kerala stood at 551 thousand MT during 2017-18.
  • During April-June 2019, tea production in Kerala stood at 21.30 million kg. Tea exports from the stood at US$ 58.64 million during 2019-20 (till Sept 19).
  • The state has a techno park in Thiruvananthapuram which has been instrumental in attracting global electronics manufacturers, an info park in Kochi, and a cyber park in Kozhikode
  • Kerala’s share in the national marine fish production is around 13 per cent. During 2019-20 (till Sept 2019), exports of marine products from the state stood at US$ 338.86 million.

NOTE: * - As per 3rd Advance Estimates

Factfile

  • Capital:Thiruvananthapuram
  • Geographical Area (sq km):38,863
  • State Language:Malayalam, Hindi, English and Tamil
  • Literacy Rate:94.6 per cent
  • Key Industries:Handlooms and power looms, rubber, bamboo, coir, khadi and village, sericulture, seafood and other marine products, cashew, mining, tourism, food processing, spice and spice extracts, IT & electronics
Kerala Map

Kerala