Trade Analytics

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

Latest update: May, 2018

Economic Snapshot
Per capita Income


Last Updated: May, 2018

KERALA State Report | April, 2018

At current prices, Kerala's Gross State Domestic Product (GSDP) was about US$ 89.44 billion in 2015-16. The state's GSDP recorded at a CAGR of 11.18 per cent between 2004-05 and 2015-16. The state's per capita GSDP was US$ 2,677 during 2015-16 compared with US$ 810 during 2004-05. As of April 2018, the state had a total installed power generation capacity of 5,074.72 MW.

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 favourite tourist destination among foreign travellers.

It is a leading agricultural state in the country and the largest producer of rubber, pepper, coconut and coir. As per budget 2018-19, Government of Kerala proposed an outlay of US$ 1,131.75 million for the Agriculture, Animal Husbandry and Co-operation sector.

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. Kerala stands 18th among Indian states in rankings based on ease of doing business and reforms implementation, according to a study by the World Bank and KPMG.

According to DIPP, during April 2000 to December 2017, FDI inflows into Kerala, including Lakshadweep, totalled to US$ 1.93 billion.

Key Sectors:

  • During 2017-18*, fruits and vegetable production in the state stood at 2,493.90 thousand MT and 2,010.78 thousand MT respectively
  • During 2017-18, tea production Kerala stood at 63.88 million KG. As of April 2018, tea exports from the state were 14.5 thousand tonnes.
  • Kerala accounts for 85 per cent of total coir production in India and its coir industry provides employment to around 375,000 people. Export of Coir and Coir products in the state stood at US$ 40.58 million during 2016-17
  • 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
  • Under the state budget 2018-19, US$ 12.67 million is allocated for Tourism marketing.
  • As per budget 2018-19, the Government of Kerala proposed an outlay of US$ 92.68 million for fisheries sector.

NOTE: * - As per 1st Advance Estimates

Kerala Map