At current prices, Sikkim’s Gross State Domestic Product (GSDP) is estimated at Rs. 0.57 trillion (US$ 9.10 billion) in FY26. GSDP is estimated to expand at a CAGR of 9.10% between FY19 and FY26.

Total merchandise exports from Sikkim stood at Rs. 147 crore (US$ 17.24 million) in FY25 (Until Feb). 

Drug formulations, Cereal Preparations and Miscellaneous Processed Item, Engineering Goods and Organic and Inorganic Chemicals accounted for a majority share in the overall exports from the state.

In the state Budget FY26, the government allocated funds worth Rs. 331 crore (US$ 38.7 million) for Urban development.

In 2022-23, the secondary sector contributed 62.60% to the state’s GSVA at current prices. It was followed by the tertiary sector at 28.58% and the primary sector at 8.83%. At a CAGR of 12.66%, the primary sector witnessed the fastest growth among the three sectors between 2011-12 and 2022-23.

As of March 2025, Sikkim had a total installed power generation capacity of 782.48 MW, of which 150.81 MW was under central utilities, 415.11 MW was under state utilities and 216.56 MW was under the private sector. Of the total installed power generation capacity, 76.54 MW was contributed by thermal and 62.67 MW by renewable energy.

Sikkim has a suitable climate for agricultural and horticultural products. It supports multiple crops; viz., rice, wheat, maize, millet, barley, urad, pea, soya bean, mustard and large cardamom. Sikkim is the top producer of large cardamom, contributing over 80% to India’s total production. In August 2019, Sikkim was declared as the world’s first 100% organic state by UN Food and Agriculture (FAO).

The government of India introduced the Northeast Industrial Development Scheme 2017, under which, all new industrial units located in eight northeast states in the manufacturing and services sector of the state were eligible for various incentives.