cover & preface - Kerala · 2019. 10. 29. · Accounts, estimates methods Product, D timely pro of...

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OMICS AND S2019

KERALA

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2017-18

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STATISTICS

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2011-12 to 20

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CONTENTS

Sl.No. Items Page Number

1 Introduction 1

2 GDP of India & Kerala 4

3 Coverage, Data Source & Estimation Methods 10 - 52

3.1 Primary Sector 10 -20

3.1.1 Agriculture & Allied 14

3.1.2 Mining & Quarrying 18

3.2 Secondary Sector 21 - 32

3.2.1 Manufacturing 24

3.2.2 Electricity, Gas , Water supply & Other Utility Services 27

3.2.3 Construction 29

3.3 Tertiary Sector 33 - 52

3.3.1 Trade, Repair 37 3.3.2 Hotels and Restaurants 38 3.3.3 Transport, Storage, Communication & Services Related to Broadcasting 40

3.3.4 Financial Services 43

3.3.5 Real Estate, Ownership of Dwelling & Professional Services 45

3.3.6 Public Administration 48

3.3.7 Other Services 50

4 Detailed Tables 54 -100

4.1 GSVA / NSVA of Kerala 54 - 63

4.2 GVA / NVA of India 64 - 71

4.3 DDP of Kerala 73 - 100

5 Abbreviations Used 101 -117

DepartmentofEconomics&Statistics Page 1

1. INTRODUCTION

The national accounts provide a comprehensive, conceptual and accounting framework for analyzing

and evaluating the performance of an economy. As the national accounts are designed to account for all

economic transactions, their compilation is a major exercise, which draws information from several diverse

data sources. The sources consist of data generated as a byproduct of public administration system, such as

land records, collection of direct and indirect taxes, as well as data collected directly through censuses and

sample surveys conducted by official agencies of the Central and State Governments. While the underlying

concepts and methodology of compilation has been mostly standardized under the System of National

Accounts (SNA) of the international agencies, procedures and approximations are shaped by the country-

specific data collection system. For making the estimates comparable internationally and over time, the

Central Statistics Office (CSO) maintains detailed, well documented methods and procedures unchanged till

the revision of the base year.

Genesis of National Accounts

The first set of estimates of national income for the entire Indian Union was compiled by the ‘National

Income Committee’, a High Powered Expert Committee set up by the Government of India under the

Chairmanship of Prof. P.C. Mahalanobis in 1949. The estimates of national income and details of

methodology adopted by the Committee were published in the First and Final reports of the National Income

Committee brought out in April 1951 and February 1954 respectively (available on MOSPI’s website

http://mospi.gov.in).

Following the methodology recommended by the National Income Committee, the Central Statistics

Office, earlier called the Central Statistical Organisation (CSO) prepared the first official estimates of national

income with base year 1948-49 at constant prices. The CSO published these estimates at constant (1948-

49) prices along with the corresponding estimates at current prices and the accounts of the Public Authorities

in the publication, " Estimates of National Income " in 1956. With the gradual improvement in the availability

of basic data over the years, a comprehensive review of methodology for national accounts statistics has

constantly been undertaken by the CSO with a view to updating the data base and shifting the base year to a

more recent year. The base year of national accounts were revised in the following chronological order:


i. From 1948-49 to 1960-61 in August 1967;

ii. From 1960-61 to 1970-71 in January 1978;

iii. From 1970-71 to 1980-81 in February 1988;

iv. From 1980-81 to 1993-94 in February 1999;

v. From 1993-94 to 1999-2000 in January 2006;

vi. From 1999-2000 to 2004-05 in January 2010;

vii. From 2004-05 to 2011-12 on January 30, 2015.

Along with the shifting of base years of national accounts series, the CSO also had been making

improvements in the compilation of national accounts series, in terms of coverage of activities, incorporation

of latest data sets and latest international guidelines.

State Level Estimates

State level performance of the economy is analysed by computing different macroeconomic state

level indicators like Gross State Domestic Product, Net State Domestic Product, Per capita, Fiscal deficit etc.

These estimates are prepared by using the concept & methodology adopted by CSO & SNA 2008. According

to SNA 2008, the total economy is divided in to Non-financial Corporations, Financial corporations, General

NPISHs & Rest of the world. Based on the nature of economic activity, the institutional units are grouped in to

sectors & industries. The sectors are classified as Primary, Secondary & Tertiary. Primary sector includes

Crops, Live Stock, Forestry & logging, Fishing & Aquaculture, Mining & Quarrying. Secondary Sector

comprises Manufacturing, Electricity, Gas & Water Supply, and Construction. Tertiary sector includes Trade

& repair services, Hotels & restaurants, Railways, Road transport, Water transport, Air transport, Services

incidental to transport, Storage, Communication & services related to broadcasting, Financial services, Real

estate, ownership of dwellings & professional services, Public administration and defence, & Other Services.

The DES, Kerala is preparing the GSDP & NSDP (at Current & Constant Prices), Per capita income, District

Domestic Product estimates annually.

Performance of the state economy

The GSDP estimates up to 2017-18(Q) with base year 2011-12 have been prepared. The GSDP at

current prices recorded a growth of 11.42% in 2017-18(Q) as compared to the year 2016-17(P). The GSDP

at constant prices recorded a growth of 7.18% in 2017-18(Q) as compared to the year 2016-17(P). The

GSDP estimates at Current & Constant prices are depicted in the following tables.


Gross State Domestic Product by Economic Activity -At Current Prices

KERALA

Base Year 2011-12 (Rs.in lakhs)

Item 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17(P) 2017-18(Q)

Gross State Domestic Product 36404788 41231300 46504121 51256405 56199361 61635704 68676443

State Per Capita Income (in Rs.) at market prices 108666 122471 137515 150824 164554 179580 199101

Growth Rate of Gross State Domestic Product 13.26 12.79 10.22 9.64 9.67 11.42

Growth Rate of State Per Capita Income 12.70 12.28 9.68 9.10 9.13 10.87

Gross State Domestic Product by Economic Activity -At Constant Prices

KERALA

(Rs.in lakhs)

Item 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17(P)

2017-18(Q)

Gross State Domestic Product 36404788 38769346 40278133 41995555 45121002 47928990 51369589

State Per Capita Income (in Rs.) at market prices 108666 115158 119105 123573 132116 139645 148927

Growth Rate of Gross State Domestic Product 6.5 3.89 4.26 7.44 6.22 7.18

Growth Rate of State Per Capita Income 5.97 3.43 3.75 6.91 5.7 6.65

Departmen

The

from Rs.364

lakhs to Rs.

capita incom

18(Q).The S

during the

tofEconomi

e GSDP estim

404788 lakhs

1709500424

me etc. and t

State econom

year 2017-18

ics&Statistic

Chapt

mates at curre

during 2011-

lakhs for Indi

the percentag

my at current

8(Q).

Percenta

cs

er 2: GD

ent prices sho

12 to Rs.6867

a. Table 2.1 s

ge contributio

prices, contrib

age share o(2

G

P of Indi

owed a positi

76443 lakhs d

shows the GV

n of Kerala to

butes to ab

4%

of GSDP to2017-18)

SDP GDP

ia & Kera

ve growth ov

during 2017-1

VA / GSDP of

o India for th

out 4.02 pe

o All India G

ala

ver the years,

8 for Kerala a

f Kerala & Ind

he years from

er cent to t

GDP

P

which have r

and Rs. 87363

ia, growth rat

m 2011-12 to

he National

Page 4

raised

33072

te, per

2017-

GDP


Table 2.1 Gross State Value Added by Economic Activity -At Current Prices

with base year 2011-12 Year 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17(P) 2017-18(Q)

GSVA of Kerala (Rs in Lakhs) 33629310 38128287 42910029 47180920 50913738 55301371 61037724 GSDP of Kerala (Rs in Lakhs) 36404788 41231300 46504121 51256405 56199361 61635704 68676443 GVA of All India (Rs in Lakhs) 810694800 920269300 1036315500 1150427900 1257450000 1393591900 1548271400

GDP of All India (Rs in Lakhs) 873633072 994401400 1123352400 1246795881 1377187523 1536238783 1709500424

% contribution of Kerala to All India GDP

4.17 4.15 4.14 4.11 4.08 4.01 4.02

Per Capita of Kerala (In Rs) at market price

108666 122471 137515 150824 164554 179580 199101

Per Capita of India (In Rs) at market price

71609 80518 89796 98405 107341 118263 129901

Growth rate of (GSDP) Kerala over previous years (%)

13.26 12.79 10.22 9.64 9.67 11.42

Growth rate of (GDP) All India over previous years (%)

13.82 12.97 10.99 10.46 11.55 11.28

P- Provisional Estimate Q - Quick Estimate

The GSDP estimate at constant prices also shows a positive growth over the years, which have raised from

Rs.36404788 lakhs during 2011-12 to Rs.51369589 lakhs during 2017-18 for Kerala and Rs. 873633072 lakhs to

Rs.1317985863 lakhs for India. The steady increase in the GSDP reflects an upward development of the economy

over the years, and a healthy trend of the state economy. The figures in Table 2.2 describes the GVA / GSDP of

Kerala & India, growth rate, per capita income etc. and the percentage contribution of GSDP of Kerala to GDP of India

for the years from 2011-12 to 2017-18.

GSVALakhs)GSDPLakhs)GVA oLakhs)

GDP oLakhs)

% conAll Ind

Per CaRs) at

Per CaRs) at

GrowthKerala(%) GrowthIndia o(%)

Departmen

Year

A of Kerala (Rs in)

P of Kerala (Rs in) of All India (Rs in)

of All India (Rs in)

tribution of Keraia GDP

apita of Kerala market price

apita of India (I market price

h rate of (GSDPa over previous y

h rate of (GDP)Aover previous ye

P- Pr

Tertiar63%

Sec

tofEconomi

2011-n 336293

n 364047

n 810694

n 873633

ala to 4.17

(In 10866

n 7160

P) years

All ars

rovisional Esti

2.2 S

ry

ectoral Distribcurrent price

ics&Statistic

Gross Stat

12 2012-

311 356354

788 387693

4800 854627

3072 921301

7 4.21

66 11515

09 7459

6.50

5.46

imate Q - Q

Sectoral De

Prima13%

bution of Keres 2017‐18(Qu

cs

e Value Adde

with bas

13 2013

473 37165

346 40278

7500 906364

631 98013

1 4.1

58 1191

99 7834

0 3.8

6 6.3

Quick Estimat

compositio

ary%

Secondary

24%

rala at uick)

Table 2.2 ed by Econose year 2011-

3-14 201

5147 3858

8133 4199

4900 9712

7021 10527

1 3

105 123

48 83

89 4

39 7

te

on of GVA o

S

omic Activity -12

14-15 2015

86962 40

95555 45

213200 104

767284 113

.99

3573 1

3091

.26

.41

of Kerala 2

Tertiary62%

Sectoral Distconstant pri

-At Constan

5-16 20

0648007

5121002

49187200 1

36949479 1

3.97

132116

88616

7.44

8.00

2017-18 (Q)

Primar11%

S

ribution of Kices 2017‐18(

P

t Prices

016-17(P)

42545868

47928990

1131897300

1229832825

3.90

139645

94675

6.22

8.17

ry

Secondary27%

erala at (Quick)

Page 6

2017-18(Q)

45074499

51369589

1210416600

1317985863

3.90

148927

100151

7.18

7.17

Departmen

The gro

exists a sligh

rate is increa

the growth ra

Tertiary53%

Sectcur

tofEconomi

2.3

2.4 C

owth rate of bot

ht increase in

asing from 201

ate for the year

toral Distriburent prices 2

0.00

2.00

4.00

6.00

8.00

10.00

12.00

14.00

16.00

ics&Statistic

Sectoral De

omparison

th the GVA of

n the growth ra

12-13 to 2016-1

r 2017-18 at co

Primary20%

Second27%

ution of Indi2017‐18(Qui

Percentage eco

cs

ecomposit

n of Growth

India and Kera

ate from 2016-

17 and then sli

onstant price .

Sourc

dary%

ia at ick)

Growth rateonomic activ

ion of GVA

h rate of GV

ala, decreases

-17. In the cas

ight decrease f

ce: Table 2.1

T

Sc

e of GDP of vity) at curre

A of India 20

VA of Kerala

s in current pri

se of GDP of

for 2017-18. In

Tertiary53%

Sectoral Distconstant pri

Kerala & Indent prices

017-18(Q)

a and India

ices from 201

India at consta

n the case of K

Prim18%

tribution of ces 2017‐18

dia (by

Ker

Ind

P

a

2-13 to 2015-1

ant prices the g

Kerala, an incre

mary%

Secondary29%

India at 8(Quick)

rala

dia

Page 7

16, but

growth

ease in

y

Departmen

2.5 Co

pric

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mparison o

The Per

ce from 2011-

reased from

ce.

2.00

3.00

4.00

5.00

6.00

7.00

8.00

9.00

200

400

600

800

1000

1200

1400

1600

1800

Percap

ita income in

Rs.

ics&Statistic

of Percapita

r capita Incom

-12 to 2017-1

Rs.71609 to

2012‐13

201314

Percentage eco

0

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cs

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me of Kerala

18 and Rs.10

Rs.129901 a

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2013‐14

2014‐15

Growth rateonomic activ

apita Income economic ac

ce: Table 2.2

of Kerala an

has increase

08666 to Rs.1

at current pric

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2015‐16

e of GDP of vity)at consta

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(GSDP) in Kectivity) at cur

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ed from Rs.1

148927 at co

ce and Rs.712016‐17(P)

Kerala & Indant prices

erala & India rrent prices

rom 2011-1

08666 to Rs

onstant price

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2017‐18(Q

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dia (by

Ker

Ind

Ke

In

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2 to 2017-1

.199101 at c

, and that of

00151 at con

rala

dia

erala

dia

Page 8

18

current

f India

nstant

DepartmentofEconomi

0

20000

40000

60000

80000

100000

120000

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3.50

3.70

3.90

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ics&Statistic

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2011‐12

2012‐13

rcentage conteconomic

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Source:

come(GSDP) i

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tribution of Gc activity) at c

ce: Table 2.2

Table 2.1& 2.2

in Kerala & Inconstant pric

2014‐15

GSDP of Keralcurrent and c

2

ndia (by econoces

2015‐16

2016‐17(P)

la to GDP of Iconstant price

omic activity)

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2017‐18(Q

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urrent

onstant

Page 9


Chapter 3: Coverage, Data Source & Estimation Methods

According to the nature of economic activity, State Domestic Product estimates are prepared in sector

wise & industry wise. This chapter describes the coverage of economic activities, major data source &

estimation methods used in each sector. The estimates are prepared in sector wise namely (1) Primary

sector, (2) Secondary sector and (3) Tertiary sector.

3.1 Primary Sector

It includes Agriculture & Allied sector and Mining & quarrying. The GSVA estimate, growth rate &

percentage contribution of Primary sector of Kerala and its comparison to all India estimates are depicted in

the following tables.

Table 3.1(a)

Gross State Value Added by Economic Activity from Primary Sector - At Current Prices with base year 2011-12

Sl.No .

Year

2011-12 2012-13 2013-14 2014-15 2015-16 2016-17(P) 2017-18(Q)

1

GSVA of Kerala (Rs in Lakhs) 5110077 5304091 5903097 6739502 6606683 7265108 8055764

2

GVA of All India (Rs in Lakhs)

176298300 196094800 222216700 240208800 252154400 281823000 302120400

3 % contribution of Kerala to All India

2.90 2.70 2.66 2.81 2.62 2.58 2.67

4 Growth rate of Kerala over previous years(%)

3.80 11.29 14.17 -1.97 9.97 10.88

5 Growth rate of All India over previous years(%)

11.23 13.32 8.10 4.97 11.77 7.20

6

% contribution of Primary sector of Kerala to Kerala GSVA

15.20

13.91 13.76 14.28 12.98 13.14 13.20

7

% contribution of Primary sector of India to All India GVA 21.75 21.31 21.44 20.88 20.05 20.22 19.51


Table 3.1(b)

Gross State Value Added by Economic Activity from Primary Sector - At Constant Prices with base year 2011-12

Sl.No .

Year 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17(P) 2017-18(Q)

1 GSVA of Kerala (Rs in Lakhs) 5110077 5135760 4940905 5150876 4541323 4655024 4892009

2 GVA of All India (Rs in Lakhs)

176298300 178689800 187230500 189440000 193412000 206555700 216871600


2.90 2.87 2.64 2.72 2.35 2.25 2.26

4 Growth rate of Kerala over previous years (%)

0.50 -3.79 4.25 -11.83 2.50 5.09

5 Growth rate of All India over previous years (%)

1.36 4.78 1.18 2.10 6.80 4.99

6

% contribution of Primary sector of Kerala to Kerala GSVA 15.20 14.41 13.29 13.35 11.17 10.94 10.85

7

% contribution of Primary sector of India to All India GVA 21.75 20.91 20.66 19.51 18.43 18.25 17.92

Source: Table 3.1(a)

‐4.00

‐2.00

0.00

2.00

4.00

6.00

8.00

10.00

12.00

14.00

16.00

2012‐13

2013‐14

2014‐15

2015‐16

2016‐17(P)

2017‐18(Q

)

Percentage Growth rate of Primary Sector in Kerala & India (by economic activity) at current price

Kerala India


Source : Table 3.1(b)


‐15.00

‐10.00

‐5.00

0.00

5.00

10.00

2012‐13

2013‐14

2014‐15

2015‐16

2016‐17(P)

2017‐18(Q

)

Percentage Growth rate of Primary Sector in Kerala & India (by economic activity) at constant price

Kerala

India

0.00

5.00

10.00

15.00

20.00

25.00

2011‐12

2012‐13

2013‐14

2014‐15

2015‐16

2016‐17(P)

2017‐18(Q

)

% contribution

Percentage contribution of Primary sector to GSDP of Kerala & GDP of India(by economic activity) at current price

Kerala

India

Departmen

0

5

10

15

20

25

30

35

tofEconomi

0.00

5.00

10.00

15.00

20.00

25.00

% contribution

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0.00

5.00

0.00

5.00

0.00

5.00

0.00

5.00

Kerala

India

2011‐1

Contri

ics&Statistic

2011‐12

centage conGDP of Ind

India

Kerala

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2 2012‐13 2

ibution of var

cs

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2012‐13

2013‐14

ntribution ofdia (by econ

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India

Kerala

2013‐14 2014

rious sectors icu

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2014‐15

2015‐16

f Primary secomic activit

India

Kerala

India

4‐15 2015‐16

nto the Primaurrent prices

b) 2016‐17(P)

ctor to GSDPty) at consta

Kerala

India

Kerala

6 2016‐17(P)

21

ary Sector of K2017‐18(Q

)

P of Kerala &ant price

Kerala

India

2017‐18(Q)

Kerala & India

Pa

&

Kerala

India

a at

Mining &QuarryingFishing

Forestry &loggingLivestock

Agriculture

age 13

Departmen

Sector wise

3.1.1 Agricu

Agr

item wise de

3.1.1(a) Cro

The

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on a fee or

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through var

are EARAS

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0

5

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15

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etails are desc

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nery and inte

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0.00

5.00

0.00

5.00

0.00

5.00

0.00

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Kerala

India

2011‐12

Con

ics&Statistic

age, data sou

ed sector

ed sector con

cribed below.

ctivities includ

nt of Tea, C

basis such as

Pruning, Picki

oduce to prim

rest on agricu

ment channels

ce from State

at current and

India

Kerala

India

Kerala

2 2012‐13 20

ntribution of v

cs

urce and esti

nsist of Crops

ded in this se

Coffee and R

harvesting, b

ing, Packing,

mary markets

ultural loans.

s to the agric

e DES, Rub

constant pric

Kerala

India

Kerala

India

013‐14 2014‐1

various sectoIndia a

imation meth

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ector are Gro

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baling and thra

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culturists is als

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India

Kerala

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Kl

15 2015‐16

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Kerala

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Kerala

d

2016‐17(P)

201718(Q

Primary sectorices

ary sector as

gging, Fishing

crops, Fruits

ultural and Ho

aration of toba

ltivators such

income from

stem compris

n this sector.

d, Cost of C

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India

7‐Q)

rs of Kerala &

Mining

Fishing

Forestry

Livestoc

Agricult

Pa

follows:-

g & Aquacultu

s, Nuts, Seed

orticultural se

acco for mark

h as gur m

farm building

ses supply of

Major data s

Cultivation St

n approach.

&

& Quarrying

y & logging

ck

ture

age 14

re. The

ds and

rvices

keting,

aking,

gs and

water

source

udies,


3.1.1 (b) Livestock

The economic activities included in this sector are Breeding and Rearing of animals and poultry

besides private veterinary services, Production of milk, slaughtering, Preparation and dressing of meat,

Production of raw hides and skins, eggs, dung, raw wool, honey and silk worm cocoons etc Major data

source are integrated sample survey results conducted by state Animal Husbandry department Central Silk

Board, KVIC, ILC etc.

GVA estimates at current and constant prices are prepared by using the production approach.

3.1.1 (c) Forestry & logging

The economic activities covered under this sector include (i) forestry (e.g., planting and conservation

of forests, gathering of forest products, charcoal burning carried out in the forests), (ii) logging (e.g., felling

and rough cutting of trees, hewing or rough shaping of poles, blocks etc.) and transportation of forest

products to the sale depots/assembly centers and, (iii) farmyard wood (industrial wood and fuel wood

collected by the primary producers from trees outside regular forests). The forest products are classified into

two broad groups viz., (a) major products comprising industrial wood (timber, Round wood, match and

pulpwood) and fuel wood (firewood and charcoal wood) and (b) Non Timber forest products(NTFP) formerly

known minor products comprising a large number of wild growing forest material such as bamboo, fodder,

lac, sandalwood, honey, resin, gum, tender leaves, cork, balsams, vegetable hair, eelgrass, acorns, horse

chestnuts, mosses, lichens etc. Major data sources are Production & price data from State Forest

Department, NSS 68th Round, and Budget Documents etc.


3.1.1(d) Fishing & Aquaculture

The economic activities covered under this sector include (i) commercial fishing in (a) ocean, coastal

and offshore waters and (b) inland waters, that include catching, tackling and gathering of fish from rivers,

irrigation and other canals, lakes, tanks, fields inundated tracts etc., (ii) subsistence fishing in inland waters

and artificial ponds, (iii) gathering of sea weeds, sea shells, pearls, sponges and other ocean and coastal


water products and (iv) fish curing viz., salting and sun-drying of fish. In order to cover the production of

goods for own consumption, subsistence fishing has been included in the coverage. Activities of salting and

sun drying of fish are also included in this sector, since these are undertaken predominantly by the same

households, which are engaged in commercial/subsistence fishing. Major data source is the production &

price obtained from State Fisheries department.


The GSVA estimate, growth rate & percentage contribution of Agriculture & Allied sector of Kerala and

its comparison to all India estimates are depicted in the following tables.

Table 3.1.1(a)

Gross State Value Added by Economic Activity from Agriculture & Allied - At Current Prices with base year 2011-12

Sl.No. Year 2011‐12 2012‐13 2013‐14 2014‐15 2015‐16 2016‐17(P)

2017‐18(Q)

1 GSVA of Kerala (Rs in Lakhs)

4837594 5036409 5501261 6093554 6399310 6928987 7628843

2

GVA of All India (Rs in Lakhs)

150194800 167510600 192637300 209361200 222753300 249635800 267014600


3.22 3.01 2.86 2.91 2.87 2.78 2.86

4

Growth rate of Kerala over previous years(%)

4.11 9.23 10.77 5.02 8.28 10.10

5

Growth rate of All India over previous years(%)

11.53 15.00 8.68 6.40 12.07 6.96

6

% contribution of Agriculture & Allied sector of Kerala to Kerala GSVA 14.39 13.21 12.82 12.92 12.57 12.53 12.50

7

% contribution of Agriculture & Allied sector of India to All India GVA 18.53 18.20 18.59 18.20 17.71 17.91 17.25


Table 3.1.1(b)

Gross State Value Added by Economic Activity from Agriculture & Allied Sector - At Constant Prices with base year 2011-12

Sl.No. Year

2011‐12 2012‐13 2013‐14 2014‐15 2015‐16 2016‐17(P) 2017‐18(Q)


4837594 4906807 4597159 4598265 4363785 4367124 4526180


150194800 152428900 160919800 160571500 161614600 171746800 180303900


3.22 3.22 2.86 2.86 2.70 2.54 2.51


1.43 -6.31 0.02 -5.10 0.08 3.64


1.49 5.57 -0.22 0.65 6.27 4.98

6

% contribution of Agriculture & Allied sector of Kerala to Kerala GSVA 14.39 13.77 12.37 11.92 10.74 10.26 10.04

7

% contribution of Agriculture & Allied sector of India to All India GVA 18.53 17.84 17.75 16.53 15.40 15.17 14.90

Source Table 3.1.1(a)

0.00

4.00

8.00

12.00

16.00

2012‐13

2013‐14

2014‐15

2015‐16

2016‐17(P)

2017‐18(Q

)

Percentage Growth rate of Agriculture & Allied Sector in Kerala & India (by economic activity) at current price

Kerala

India


Source Table 3.1.1(b)

3.1.2 Mining & Quarrying

The economic activities covered in this sector comprise extraction of minerals which occur in nature

as solids, liquids or gases; underground and surface mines, quarries and oil wells, with all supplementary

operations for dressing and beneficiating ores and other crude minerals such as crushing, screening,

washing, cleaning, grading, milling, floatation, melting, palletizing, topping and other preparations needed to

render the material marketable. All these activities are covered to the extent they are carried on at the mine

site. The expenditure on preparing mining sites, prospecting and boring activities are not included as they are

included under the 'Construction' sector. Salt production by solar evaporation of sea water is also included

under mining sector. Major data sources are state Mining & Geology department, Annual report of Public &

Private Sector Companies, WPI etc.

GVA estimates at current price are prepared by using the production approach. Constant Price

estimates are prepared by deflating the Current price estimates.

The GSVA estimate, growth rate & percentage contribution of Mining & Quarrying sector of Kerala

and its comparison to all India estimates are depicted in the following tables.

‐8.00

‐4.00

0.00

4.00

8.00

2012‐13

2013‐14

2014‐15

2015‐16

2016‐17(P)

2017‐18(Q

)

Percentage Growth rate of Agriculture & Allied sector in Kerala & India (by economic activity) at constant price

Kerala India

Kerala India


Table 3.1.2(a)

Gross State Value Added by Economic Activity from Mining and Quarrying - At Current Prices with base year 2011-12

Sl.No . Year

2011-12 2012-13 2013-14 2014-15 2015-16 2016-17(P) 2017-18(Q)



26103500 28584200 29579400 30847600 29401100 32187200 35105800


1.04 0.94 1.36 2.09 0.71 1.04 1.22


-1.76 50.12 60.75 -67.90 62.09 27.01


9.50 3.48 4.29 -4.69 9.48 9.07

6

% contribution of Mining and Quarrying sector of Kerala to Kerala GSVA

0.81 0.70 0.94 1.37 0.41 0.61 0.70

7

% contribution of Mining and Quarrying sector of India to All India GVA

3.22 3.11 2.85 2.68 2.34 2.31 2.27

Table 3.1.2(b) Gross State Value Added by Economic Activity from Mining and Quarrying-

At Constant Prices with base year 2011-12

Sl.No . Year

2011-12 2012-13 2013-14 2014-15 2015-16 2016-17(P) 2017-18(Q)


272483 228953 343746 552611 177538 287900 365829


26103500 26260900 26310700 28868500 31797400 34808900 36567700


1.04 0.87 1.31 1.91 0.56 0.83 1.00


-15.98 50.14 60.76 -67.87 62.16 27.07


0.60 0.19 9.72 10.15 9.47 5.05

6

% contribution of Mining and Quarrying sector of Kerala to Kerala GSVA 0.81 0.64 0.92 1.43 0.44 0.68 0.81

7

% contribution of Mining and Quarrying sector of India to All India GVA

3.22 3.07 2.90 2.97 3.03 3.08 3.02


Source 3.1.2(a)

Source 3.1.2(b)

‐80.00

‐60.00

‐40.00

‐20.00

0.00

20.00

40.00

60.00

80.00

2012‐13 2013‐14 2014‐15 2015‐16 2016‐17(P)

Percentage Growth rate of Mining and Quarrying sector in Kerala & India (by economic activity) at current price

Kerala

India

‐80.00

‐60.00

‐40.00

‐20.00

0.00

20.00

40.00

60.00

80.00

2012‐13

2013‐14

2014‐15

2015‐16

2016‐17(P)

Percentage Growth rate of Mining and Quarrying sector in Kerala & India (by economic activity) at constant price

Kerala

India


3.2 Secondary Sector

Secondary sector includes Manufacturing, Electricity, Gas & Water Supply, and Construction. The

GSVA estimate, growth rate & percentage contribution of Secondary sector of Kerala and its comparison to

all India estimates are depicted in the following tables.

Table 3.2(a)

Gross State Value Added by Economic Activity from Secondary Sector -

At Current Prices with base year 2011-12

Sl.No. Items

2011-12

2012-13

2013-14 2014-15 2015-16 2016-17(P) 2017-18(Q)


2 GVA of All India (Rs in Lakhs) 237398900 263755200 289507600 313971300 347223800 377100200 417880600


3.87 3.84 3.83 3.76 3.69 3.60 3.54


10.22 9.27 6.53 8.48 5.91 9.14


11.10 9.76 8.45 10.59 8.60 10.81

6 % contribution of Secondary sector of Kerala to Kerala GSVA 27.35 26.59 25.81 25.01 25.14 24.51 24.24

7 % contribution of Secondary sector of India to All India GVA 29.28 28.66 27.94 27.29 27.61 27.06 26.99

Table 3.2(b)

Gross State Value Added by Economic Activity from Secondary Sector - At Constant Prices with base year 2011-12

Sl.No. Items 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17(P) 2017-18(Q)




3.87 3.85 3.82 3.66 3.70 3.60 3.62


2.80 3.49 2.11 10.72 4.81 6.52


3.56 4.17 6.72 9.52 7.55 6.04

6

% contribution of Secondary sector of Kerala to Kerala GSVA 27.35 26.53 26.33 25.89 27.21 27.25 27.40

7

% contribution of Secondary sector of India to All India GVA 29.28 28.77 28.26 28.14 28.53 28.44 28.20



Source : Table 3.2(b)

0.00

2.00

4.00

6.00

8.00

10.00

12.00

2012‐13 2013‐14 2014‐15 2015‐16 2016‐17(P) 2017‐18(Q)

Percentage Growth rate of Secondary Sector in Kerala & India (by economic activity) at current price

Kerala India

0.00

2.00

4.00

6.00

8.00

10.00

12.00

2012‐13 2013‐14 2014‐15 2015‐16 2016‐17(P) 2017‐18(Q)

Percentage Growth rate secondary sector in Kerala & India (by economic activity) at constant price

Kerala India


Source Table: 3.2(a)

Source Table 3.2(b)

0.00

10.00

20.00

30.00

40.00

2011‐12

2012‐13

2013‐14

2014‐15

2015‐16

2016‐17(P)

2017‐18(Q

)

% contribution

Percentage contribution of Secondary sector to GSDP of Kerala &GDP of India (by economic activity) at current price

Kerala

India

24.00

25.00

26.00

27.00

28.00

29.00

30.00

2011‐12

2012‐13

2013‐14

2014‐15

2015‐16

2016‐17(P)

2017‐18(Q

)

Percentage contribution of Secondary sector to GSDP of Kerala & GDP of India (by economic activity) at constant price

Kerala

India


3.2.1 Manufacturing

The manufacturing sector covers all manufacturing, processing and repair & maintenance services

units irrespective of their employment size, investment and location. The National Industrial Classification

(NIC 2008) from 10 to 33 is generally included as economic activities of this sector. For the preparation of

estimates, it is further classified into two namely organised and unorganised manufacturing. The organised

manufacturing consists of Departmental Enterprises, Non Departmental Enterprises, Railway workshops,

0.00

5.00

10.00

15.00

20.00

25.00

30.00

Kerala

India

Kerala

India

Kerala

India

Kerala

India

Kerala

India

Kerala

India

Kerala

India

2011‐12 2012‐13 2013‐14 2014‐15 2015‐16 2016‐17(P)

2017‐18(Q)

Contribution of various sectors into the secondary sector of Kerala and India at current prices

Construction

Electricity, gas,water supply &other utilityservices

Manufacturing

0.00

5.00

10.00

15.00

20.00

25.00

30.00

Kerala

India

Kerala

India

Kerala

India

Kerala

India

Kerala

India

Kerala

India

Kerala

India

2011‐12 2012‐13 2013‐14 2014‐15 2015‐16 2016‐17(P)

2017‐18(Q)

Contribution of various sectors into the secondary sector of Kerala & India at constant prices

Construction

Electricity, gas,water supply &other utilityservicesManufacturing


Private Corporate Enterprises including quasi corporations. Unorganised manufacturing comprises small

scale enterprises located in the state. Major data sources are Annual report of Public & Private Sector

Companies, Budget documents for DEs, Railways, NSS 67th & 68th Round and WPI etc.

GVA estimates at current price are prepared by using production & income approach. Constant Price

estimates are prepared by deflating the Current Price estimates.

The GSVA estimate, growth rate & percentage contribution of manufacturing sector of Kerala and its

comparison to all India estimates are depicted in the following tables.

Table 3.2.1(a)

Gross State Value Added by Economic Activity from Manufacturing - At Current Prices with base year 2011-12

Sl.No Items 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17(P) 2017-18(Q)




2.43 2.58 2.37 2.29 2.41 2.40 2.44


18.53 0.37 5.56 20.17 8.54 10.85


11.55 8.94 9.62 14.26 8.80 8.87

6

% contribution of Manufacturing sector of Kerala to Kerala GSVA 10.17 10.63 9.48 9.10 10.14 10.13 10.17

7

% contribution of Manufacturing sector of India to All India GVA 17.39 17.09 16.53 16.33 17.07 16.76 16.42


Table 3.2.1(b) Gross State Value Added by Economic Activity from Manufacturing -

At Constant Prices with base year 2011-12

Sl.No Items 2011-12 2012-13 2013-14

2014-15 2015-16 2016-17(P) 2017-18(Q)




2.43 2.59 2.35 2.24 2.55 2.54 2.62


12.47 -4.65 2.85 28.43 7.78 9.22


5.45 4.97 7.90 13.06 7.94 5.93

6

% contribution of Manufacturing sector of Kerala to Kerala GSVA 10.17 10.80 9.87 9.78 11.92 12.28 12.66

7

% contribution of Manufacturing sector of India to All India GVA 17.39 17.40 17.22 17.34 18.15 18.16 17.98


0.00

5.00

10.00

15.00

20.00

25.00

2012‐13

2013‐14

2014‐15

2015‐16

2016‐17(P)

2017‐18(Q

)

Percentage Growth rate of Manufacturing sector in Kerala & India (by economic activity) at current price

Kerala

India



3.2.3 Electricity, Gas & Water Supply

The economic activities covered under this sector include generation, transmission and distribution of

electric energy, the manufacture of gas in gas works including gobar gas and distribution through mains to

household, industrial, commercial and other users and the activities associated with collection, purification

and distribution of water excluding the operation of irrigation system. Major data sources are Annual reports

of KSEB Limited, Kerala Water Authority, Annual report of Private Sector Companies, Budget documents

DEs, NSS 67th & 68th Round and WPI etc.

GVA estimates at current price are prepared by using production & income approach. Constant Price

estimates are prepared by deflating the Current price estimates. The GSVA estimate, growth rate &

percentage contribution of Electricity, Gas & Water Supply sector of Kerala and its comparison to all India

estimates are depicted in the following tables.

‐10.00

‐5.00

0.00

5.00

10.00

15.00

20.00

25.00

30.00

35.00

2012‐13

2013‐14

2014‐15

2015‐16

2016‐17(P)

2017‐18(Q

)

Percentage Growth rate of Manufacturing sector in Kerala & India (by economic activity) at constant price

Kerala

India


Table 3.2.3(a)

Gross State Value Added by Economic Activity from Electricity, Gas & Water supply and other Utility Services - At Current Prices with base year 2011-12

. Items 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17(P) 2017-18(Q)



18666800 21535000 26015500 28225800 33496500 35346800 42308900


2.51 2.50 2.19 1.74 1.82 1.61 1.68


15.14 5.95 -14.13 24.40 -6.74 24.80


15.37 20.81 8.50 18.67 5.52 19.70

6

% contribution of Electricity, Gas & Water supply and other Utility Services sector of Kerala to Kerala GSVA 1.39 1.41 1.33 1.04 1.20 1.03 1.16

7

% contribution of Electricity, Gas & Water supply and other Utility Services sector of India to All India GVA 2.30 2.34 2.51 2.45 2.66 2.54 2.73

Table 3.2.3(b)

Gross State Value Added by Economic Activity from Electricity, Gas & Water supply and other Utility Services - At Constant Prices with base year 2011-12

Sl.No Items 2011-12 2012-13 2013-14

2014-15 2015-16 2016-17(P) 2017-18(Q)


467898 463168 500728 474327 474729 409750 530609


18666800 19163500 19960100 21404700 22415800 24649100 26772000


2.51 2.42 2.51 2.22 2.12 1.66 1.98


-1.01 8.11 -5.27 0.08 -13.69 29.50


2.66 4.16 7.24 4.72 9.96 8.61

6

% contribution of Electricity, Gas & Water supply and other Utility Services sector of Kerala to Kerala GSVA 1.39 1.30 1.35 1.23 1.17 0.96 1.18

7

% contribution of Electricity, Gas & Water supply and other Utility Services sector of India to All India GVA 2.30 2.24 2.20 2.20 2.14 2.18 2.21




3.3 Construction

The activity under this sector include contract construction by general builders, civil engineering

contractors and special trade contractors, own account construction carried out by independent units of

enterprises or other organisations which are not part of the construction industry proper. But, owing to the

problems of availability of data separately from units carrying out construction work, construction industry, in

India, for the purpose of estimating domestic product, has been taken to include the whole of construction

activity (contractual as well as own account). Construction work covers all activity connected with site

‐20.00

‐10.00

0.00

10.00

20.00

30.00

2012‐13

2013‐14

2014‐15

2015‐16

2016‐17(P)

2017‐18(Q

)

Percentage Growth rate of Electricity, Gas & Water supply and other Utility sector in Kerala & India (by economic activity) at

current price

Kerala

India

‐20.00

‐10.00

0.00

10.00

20.00

30.00

40.00

2013‐14

2014‐15

2015‐16

2016‐17(P)

2017‐18(Q

)

Percentage Growth rate of Electricity, Gas & Water supply and other Utility sector in Kerala & India (by economic activity) at

constant price

KeralaIndia


preparation, alteration, addition, repair and maintenance, construction and maintenance of roads, rail beds,

bridges, tunnels, pipelines, rope-ways, ports, harbours, runways, construction/erection and maintenance of

power, telecommunication, transmission lines, waterways & water reservoirs, power plants, hydro-electric

projects, industrial plants and building installations, planting and cultivating of new forests, plantations and

orchards. Under NIC 2008, Division 41, 42, 43 covers construction activity. Major data sources are Annual

report of Public & Private Sector Companies, Budget documents for DEs, Railways, AIDIS survey results,

Prices of building material & labour cost from state DES.

Commodity flow approach is used to obtain the GVA estimates. This approach envisages estimation

of production of commodities used in construction after adjusting them for inputs in other industries, changes

in stocks, imports and exports so as to obtain the net availability of commodities for construction purposes.

The commodities available for construction are valued at prices paid by the builders at the site of

construction. Information on retail prices, transport costs, dealers' margins and indirect taxes collected from

various sources is used to estimate the prices of inputs at site. Major data sources are Annual report of Public

& Private Sector Companies, Budget documents for DEs, Railways, Prices of building material & labour cost

from DES, AIDIS report, NSS 67th & 68th Round, WPI etc.

GVA estimates at current price are prepared by using commodity flow method & income approach.

Constant Price estimates are prepared by deflating the Current price estimates with proper indices.

The GSVA estimate, growth rate & percentage contribution of Construction sector of Kerala and its



Table 3.2.3(a) Gross State Value Added by Economic Activity from Construction -

At Current Prices with base year 2011-12

Sl.No Items 2011-12

2012-13

2013-14 2014-15 2015-16 2016-17(P) 2017-18(Q)

1

GSVA of Kerala (Rs in Lakhs)

5308794 5544177 6436556 7013906 7028829 7385690 7876276


77733500 84936500 92147000 97908600 99108400 108246600 121362800


6.83 6.53 6.99 7.16 7.09 6.82 6.49


4.43 16.10 8.97 0.21 5.08 6.64


9.27 8.49 6.25 1.23 9.22 12.12

6

% contribution of Construction sector of Kerala to Kerala GSVA 15.79 14.54 15.00 14.87 13.81 13.36 12.90

7

% contribution of Construction sector of India to All India GVA 9.59 9.23 8.89 8.51 7.88 7.77 7.84

Table 3.2.3(b)

Gross State Value Added by Economic Activity from Construction - At Constant Prices with base year 2011-12

Sl.No Year 2011-12

2012-13

2013-14 2014-15 2015-16 2016-17(P) 2017-18(Q)


5308794 5144715 5615519 5744060 5741786 5961802 6115192


77733500 78005000 80077100 83522900 86533500 91775400 96919400


6.83 6.60 7.01 6.88 6.64 6.50 6.31


-3.09 9.15 2.29 -0.04 3.83 2.57


0.35 2.66 4.30 3.60 6.06 5.60

6

% contribution of Construction sector of Kerala to Kerala GSVA 15.79 14.44 15.11 14.89 14.13 14.01 13.57

7

% contribution of Construction sector of India to All India GVA 9.59 9.13 8.83 8.60 8.25 8.11 8.01




0.00

2.00

4.00

6.00

8.00

10.00

12.00

14.00

16.00

18.00

2012‐13

2013‐14

2014‐15

2015‐16

2016‐17(P)

2017‐18(Q

)

Percentage Growth rate of Construction Sector in Kerala & India (by economic activity) at current price

Kerala

India

‐4.00

‐2.00

0.00

2.00

4.00

6.00

8.00

10.00

2012‐13

2013‐14

2014‐15

2015‐16

2016‐17(P)

2017‐18(Q

)Percentage Growth rate of Construction sector in Kerala & India

(by economic activity) at constant price

Kerala

India


3.3 Tertiary Sector

It includes Trade & repair services, Hotels & restaurants, Railways, Road transport, Water transport,

Air transport Services incidental to transport, Storage, Communication & services related to broadcasting,

Financial services, Real estate, ownership of dwellings & professional services, Public administration and

defence, Other Services. The GSVA estimate, growth rate & percentage contribution of Tertiary sector of

Kerala and its comparison to all India estimates are depicted in the following tables.

Table 3.3(a)

Gross State Value Added by Economic Activity from Tertiary Sector - At Current Prices with base year 2011-12

Sl.No. Year

2011-12 2012-13 2013-14 2014-15 2015-16 2016-17(P) 2017-18(Q)




4.87 4.93 4.94 4.80 4.79 4.69 4.61


17.42 14.30 10.46 10.00 9.44 10.75


15.98 13.94 13.66 10.37 11.64 12.74

6

% contribution of Tertiary sector of Kerala to Kerala GSVA 57.46 59.50 60.43 60.71 61.88 62.35 62.56

7

% contribution of Tertiary sector of India to All India GVA 48.97 50.03 50.62 51.83 52.33 52.72 53.50


Table 3.3(b)

Gross State Value Added by Economic Activity from Tertiary Sector - At Constant Prices with base year 2011-12

Sl.No. Year

2011-12 2012-13 2013-14 2014-15 2015-16 2016-17(P) 2017-18(Q)


19322139 21044915 22439908 23444940 25044795 26296751 27832395


396997600 430081900 463026300 508451800 556440900 603412800 652161300


4.87 4.89 4.85 4.61 4.50 4.36 4.27


8.92 6.63 4.48 6.82 5.00 5.84


8.33 7.66 9.81 9.44 8.44 8.08

6

% contribution of Tertiary sector of Kerala to Kerala GSVA 57.46 59.06 60.38 60.76 61.61 61.81 61.75

7

% contribution of Tertiary sector of India to All India GVA 48.97 50.32 51.09 52.35 53.04 53.31 53.88

Source Table 3.3(a)

0.00

4.00

8.00

12.00

16.00

20.00

2012‐13 2013‐14 2014‐15 2015‐16 2016‐17(P) 2017‐18(Q)

Percentage Growth rate of Tertiary sector in Kerala & India (by economic activity) at current price

Kerala India


Source Table 3.3(b)

Source Table 3.3(a)

0.00

2.00

4.00

6.00

8.00

10.00

12.00

2012‐13 2013‐14 2014‐15 2015‐16 2016‐17(P) 2017‐18(Q)

Percentage Growth rate of Tertiary sector in Kerala & India (by economic activity) at constant price

Kerala India

0.00

20.00

40.00

60.00

80.00

2011‐12

2012‐13

2013‐14

2014‐15

2015‐16

2016‐17(P)

2017‐

18(Q

)

Percentage contribution of Tertiary Sector to GSDP of Kerala & GDP of India (by economic activity) at current price

Kerala

India


Source Table 3.3(b)

0.00

20.00

40.00

60.00

80.00

2011‐12

2012‐13

2013‐14

2014‐15

2015‐16

2016‐17(P)

2017‐18(Q

)

Percentage contribution of Tertiary sector to GDP of Kerala & GDP of India (by economic activity) at constant prices

Kerala

India

0.00

10.00

20.00

30.00

40.00

50.00

60.00

70.00

Kerala

India

Kerala

India

Kerala

India

Kerala

India

Kerala

India

Kerala

India

Kerala

India

2011‐12 2012‐13 2013‐14 2014‐15 2015‐16 2016‐17(P)

2017‐18(Q)

Contribution of various sectors into the Tertiary sector of Kerala & India at current price

Other services

Public administration

Real estate, ownership ofdwelling & professionalservices

Financial services

Transport, storage,communication & servicesrelated to broadcasting

Trade, repair, hotels andrestaurants


3.3.1 Trade & repair services

Trade & repair service includes wholesale and retail trade in all commodities whether produced

domestically, imported or exported. It covers activities of purchase and selling agents, brokers and

auctioneers. Wholesale trade covers units, which resell without transformation, new and used goods

generally to the retailer and industries, commercial establishments, institutional and professional users or to

other wholesalers. Retail trade covers units, which mainly resell without transformation new and used goods

for personal or household consumption. This sector also comprises of maintenance and repair of motor

vehicles and repair of personal household goods. The economic activities covered under this sector are

Maintenance and repair of motor vehicles, Sale of motor vehicles, Whole sale trade except of motor vehicles

Auctioning activities, Repair of personal household goods and Retail trade (except motor vehicles) Major data

sources are Annual report of Public & Private Sector Companies, Budget documents for DEs, NDEs, NSS

67th & 68th Round, CPI from MOSPI etc.

GVA estimates at current price are prepared by production approach in the case of NDEs & income

approach in the case of DEs. Current Price estimates are deflated using CPI (General) to obtain the

Constant Price estimates.

0.00

10.00

20.00

30.00

40.00

50.00

60.00

70.00

Kerala

India

Kerala

India

Kerala

India

Kerala

India

Kerala

India

Kerala

India

Kerala

India

2011‐12 2012‐13 2013‐14 2014‐15 2015‐16 2016‐17(P)

2017‐18(Q)

Contribution of various sectors in to the Tertiary sector of Kerala & India at constant price

Other services

Public administration

Real estate, ownership ofdwelling & professionalservicesFinancial services

Transport, storage,communication & servicesrelated to broadcastingTrade, repair, hotels andrestaurants


3.3.2 Hotels & Restaurants

This sector covers services rendered by hotels and other lodging places, restaurants, cafes and other

eating and drinking places. The economic activities covered are Hotels, Camping sites etc, Restaurants,

bars and canteens. Major data sources are Annual report of Public & Private Sector Companies, Budget

documents for DEs, NDEs, NSS 67th & 68th Round, CPI from MOSPI etc.

GVA estimates at current price are prepared by production approach in the case of NDEs & income approach

in the case of DEs. Constant Price estimates are prepared by deflating the Current price estimates using

CPI (General).

The GSVA estimate, growth rate & percentage contribution of Trade & repair service, Hotels &

restaurants sector of Kerala and its comparison to all India estimates are depicted in the following tables.

Table 3.3.1(a)

Gross State Value Added by Economic Activity from Trade, Repair, Hotels & Restaurants - At Current Prices with base year 2011-12

Sl.No Items

2011-12

2012-13

2013-14 2014-15 2015-16 2016-17(P) 2017-18(Q)


5321692 6502369 7368355 8399612 9410510 9869447 10852048


88358200 105453300 118456100 132083300 143396900 160891600 183372000


6.02 6.17 6.22 6.36 6.56 6.13 5.92


22.19 13.32 14.00 12.04 4.88 9.96


19.35 12.33 11.50 8.57 12.20 13.97

6

% contribution of Trade Repair, Hotels & Restaurants sector of Kerala to Kerala GSVA 15.82 17.05 17.17 17.80 18.48 17.85 17.78

7

% contribution of Trade Repair, Hotels & Restaurants sector of India to All India GVA 10.90 11.46 11.43 11.48 11.40 11.55 11.84

Departmen

Gro

Sl.No

1 GSVLakh

2 GVALakh

3 % coto A

4 Growover

5 Growover

6

% coRepResKera

7

% coRepResIndia

tofEconomi

oss State Va

Items

VA of Kerala (Rshs) A of All India (Rshs) ontribution of Kell India

wth rate of Kerar previous years

wth rate of All Inr previous yearsontribution of Traair, Hotels & taurants sectorala to Kerala GSontribution of Traair, Hotels & taurants sector a to All India GV

0.00

5.00

10.00

15.00

20.00

25.00

Pes

ics&Statistic

alue Added bAt C

2011-1

s in 53216

s in 883582

erala 6.02

la (%)

dia (%) ade

r of SVA 15.82ade

of VA 10.90

2012‐13

2013‐14

ercentage Grector in Kera

cs

Tab

y Economic Constant Pri

12

2012-13

92 6056645

200 9816200

2 6.17

13.81

11.10

2 17.00

0 11.49

Sourc

2014‐15

rowth rate ofala & India (by

ble 3.3.1(b)

Activity fromices with bas

3

2013-14

5 6191493

00 103450600

5.98

2.23

5.39

16.66

11.41

ce Table 3.3.1(

2015‐16

Year

f Trade, Repay economic a

m Trade, Repse year 2011-

2014-15

6572441

0 113584100

5.79

6.15

9.80

17.03

11.70

(a)

2016‐17(P)

ir, Hotels & Ractivity) at cu

pair, Hotels &-12

2015-16

7068461

126142600

5.60

7.55

11.06

17.39

12.02

2017‐18(Q

)

Restaurants urrent price

Pa

& Restaurant

2016-17(P) 2

7110549

138917600

5.12

0.60

10.13

16.71

12.27

Kerala

India

age 39

ts -

2017-18(Q)

7375600

152842100

4.83

3.73

10.02

16.36

12.63



3.3.3 Transport, Storage & Communication

The economic activities included in this sector are Transport via railways, other land transport, Sea

and Coastal water transport, Inland water transport, Scheduled air transport, Non-scheduled air transport.

Supporting and auxiliary transport activities; activities of travel agencies, including Storage and warehousing,

Post and courier activities, Telecommunications. Major data sources are Annual report of Public & Private

Sector Companies, Budget documents for DEs & Railways, NDEs, Motor Transport Statistics from state

Transport Department, Cargo handled and passenger data, NSS 67th & 68th Round, CPI from MOSPI etc.

GVA estimates at current price are prepared by production approach in the case of NDEs & income

approach in the case of DEs. Constant Price estimates are prepared by deflating the Current price estimates

with CPI (transport & communication). The estimates are prepared industry wise namely Railways, Road

transport, Water transport, Air transport Services incidental to transport, Storage, Communication & services

related to broadcasting and consolidated to obtain the estimates of transport, Storage & Communication.

The GSVA estimate, growth rate & percentage contribution of Transport, Storage & Communication

sector of Kerala and its comparison to all India estimates are depicted in the following tables.

0.00

2.00

4.00

6.00

8.00

10.00

12.00

14.00

16.00

2012‐13

2013‐14

2014‐15

2015‐16

2016‐17(P)

2017‐18(Q

)

Percentage Growth rate of Trade, Repair, Hotels & Restaurants sector in Kerala & India (by economic activity) at constant price

Kerala

India


Table 3.3.2(a)

Gross State Value Added by Economic Activity from Transport, Storage, Communication & Services related to broadcasting - At Current Prices with base year 2011-12

Sl.No Items 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17(P) 2017-18(Q)




5.28 5.10 5.23 4.94 4.81 4.75 4.84


11.16 16.02 7.81 6.36 6.59 8.63


15.09 13.20 14.04 9.38 8.00 6.48

6

% contribution of Transport, Storage, Communication & Services related to broadcasting sector of Kerala to Kerala GSVA 8.32 8.16 8.41 8.25 8.13 7.98 7.85

7

% contribution of Transport, Storage, Communication & Services related to broadcasting sector of India to All India GVA 6.53 6.62 6.66 6.84 6.84 6.67 6.39

Table 3.3.2(b)

Gross State Value Added by Economic Activity from Transport, Storage, Communication & Services related to broadcasting - At Constant Prices with base year 2011-12

Sl.No Items 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17(P) 2017-18(Q)




5.28 5.17 5.27 5.06 4.81 4.85 4.87


5.14 10.68 4.35 3.63 4.23 3.94


7.55 8.43 8.79 8.86 3.40 3.64

6

% contribution of Transport, Storage, Communication & Services related to broadcasting sector of Kerala to Kerala GSVA 8.32 8.26 8.76 8.81 8.66 8.63 8.46

7

% contribution of Transport, Storage, Communication & Services related to broadcasting sector of India to All India GVA 6.53 6.66 6.81 6.92 6.97 6.68 6.48




0.00

2.00

4.00

6.00

8.00

10.00

12.00

14.00

16.00

18.00

2012‐13

2013‐14

2014‐15

2015‐16

2016‐17(P)

2017‐18(Q

)

Percentage Growth rate of Transport, Storage, Communication & Services related to broadcasting in Kerala & India (by economic

activity) at current prices

Kerala

India

0.00

2.00

4.00

6.00

8.00

10.00

12.00

2012‐13

2013‐14

2014‐15

2015‐16

2016‐17(P)

2017‐18(Q

)

Percentage Growth rate of Transport, Storage, Communication & Services related to broadcasting in Kerala & India (by economic

activity) at constant prices

Kerala

India


3.3.4 Financial services

The two main activities covered under this sector are banking and insurance which consisting of

commercial banks, banking department of Reserve Bank of India, Public non-banking financial corporations,

organised non-banking financial companies engaged in trading in shares, Investment holdings, mutual funds,

loan finance and the like activities, unorganised non-banking financial institutions/undertakings such as

professional money lenders and pawn brokers, Post office savings banks including operations concerning

cumulative time deposits and national saving certificates, Co-operative credit societies, Life and non-life

insurance activities etc.

Major data sources are Annual accounts from all the Nationalized Banks.RBI publications & reports, Budget

Documents Annual reports of Non departmental Non-banking financial companies and corporations.

GVA estimates at current price are prepared by production approach in the case of pension, income

approach is used. Constant Price estimates are prepared by deflating the Current price estimates.

The GSVA estimate, growth rate & percentage contribution of financial service sector of Kerala and


Table 3.3.4(a)

Gross State Value Added by Economic Activity from Financial Services - At Current Prices with base year 2011-12

Sl.No Year 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17(P) 2017-18(Q)




2.98 3.04 3.09 3.15 3.08 3.04 2.76


13.90 13.71 12.43 7.20 2.00 2.00


11.78 11.65 10.36 9.81 3.30 12.23

6

% contribution of Financial Services sector of Kerala to Kerala GSVA 4.25 4.27 4.32 4.42 4.39 4.12 3.81

7

% contribution of Financial Services sector of India to All India GVA 5.92 5.83 5.78 5.75 5.78 5.38 5.44


Table 3.3.4(b)

Gross State Value Added by Economic Activity from Financial Services - At Constant Prices with base year 2011-12

Sl.No Year 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17(P) 2017-18(Q)




2.98 2.88 2.94 2.93 3.09 2.81 2.78


6.78 11.02 8.37 13.21 -5.83 3.10


10.32 9.08 8.54 7.26 3.61 4.25

6

% contribution of Financial Services sector of Kerala to Kerala GSVA 4.25 4.29 4.56 4.76 5.12 4.61 4.48

7

% contribution of Financial Services sector of India to All India GVA 5.92 6.20 6.38 6.46 6.41 6.16 6.00


0.00

4.00

8.00

12.00

16.00

2012‐13 2013‐14 2014‐15 2015‐16 2016‐17(P) 2017‐18(Q)

Percentage Growth rate of Financial services in Kerala & India (at basic price) at current price

Kerala

India



3.3.5 Real estate, ownership of dwellings & professional services

The economic activities covered in this sector are ownership of dwellings (occupied residential

houses), real estate services (activities of all types of dealers such as operators, developers and agents

connected with real estate), renting of machinery and equipment without operator and of personal and

household goods, Computer and Related Activities, Accounting, Book-keeping and Related Activities,

Research and development, market research and public opinion polling, business & management

consultancy, architectural, engineering & other technical activities, advertising and business activities not

elsewhere classified and legal services. Ownership of dwellings also includes the imputed value of owner

occupied dwellings. Services rendered by non-residential buildings are considered to be a subsidiary activity

of the industries, which occupy the buildings and therefore, are not included in this sector. Major data sources

are Annual report of Public & Private Sector Companies, Budget documents for DEs, Census data, Capital

Stock of rural & urban residential buildings, NSS 63rd 67th & 68th Round, CPI from MOSPI etc.

GVA estimates at current price are prepared by production approach in the case of NDEs & income approach

in the case of DEs. Constant Price estimates are prepared by deflating the Current price estimates using

CPI (miscellaneous).

The GSVA estimate, growth rate & percentage contribution of financial service sector of Kerala and


-8.00

-4.00

0.00

4.00

8.00

12.00

16.00

2012‐13

2013‐14

2014‐15

2015‐16

2016‐17(P)

2017‐18(Q

)

Percentage Growth rate of Financial Services in Kerala & India (at basic price) at constant price

Kerala

India


Table 3.3.5(a)

Gross State Value Added by Economic Activity from Real Estate, Ownership of dwelling & Professional Services - At Current Prices with base year 2011-12

Sl.No Year 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17(P) 2017-18(Q)




4.02 4.21 4.21 4.19 4.12 4.03 4.07


23.75 18.52 15.20 9.72 11.47 12.38


18.00 18.58 15.76 11.63 13.78 11.53

6

% contribution of Real Estate, Ownership of dwelling & Professional Services sector of Kerala to Kerala GSVA 12.55 13.70 14.43 15.12 15.37 15.77 16.06

7

% contribution of Real Estate, Ownership of dwelling & Professional Services sector of India to All India GVA 12.96 13.47 14.19 14.79 15.11 15.51 15.57

Table 3.3.5(b)

Gross State Value Added by Economic Activity from Real Estate, Ownership of dwelling & Professional Services - At Constant Prices with base year 2011-12

Sl.No Year 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17(P) 2017-18(Q)




4.02 4.17 4.25 4.14 3.94 3.83 3.86


13.56 14.27 9.27 6.72 7.68 7.85


9.48 12.11 12.17 12.14 10.81 6.96

6

% contribution of Real Estate, Ownership of dwelling & Professional Services sector of Kerala to Kerala GSVA

12.55 13.45 14.74 15.51 15.71 16.16 16.46

7

% contribution of Real Estate, Ownership of dwelling & Professional Services sector of India to All India GVA 12.96 13.46 14.23 14.89 15.46 15.88 15.88




0.00

5.00

10.00

15.00

20.00

25.00

2012‐13

2013‐14

2014‐15

2015‐16

2016‐17(P)

2017‐18(Q

)

Percentage Growth rate of Real Estate, Ownership of dwelling & Professional Services in Kerala & India by economic activity) at current

price

Kerala

India

0.00

4.00

8.00

12.00

16.00

2012‐13

2013‐14

2014‐15

2015‐16

2016‐17(P)

2017‐18(Q

)

Percentage Growth rate of Real Estate, Ownership of dwelling & Professional Services in Kerala & India (at basic price) at constant

price

Kerala

India


3.3.6 Public Administration & Defense

This sector covers services rendered by the administrative departments of the general government

i.e., Central and State governments, Union Territories, Municipal Corporations, Municipalities, Housing

Boards, Cantonment Boards, Improvement Trusts, District and Local Boards and Panchayat Raj Institutions.

Public services in the autonomous institutions (quasi-government bodies) are also included under these

economic activities. Major data sources are State & Central Budget documents, AFS of Local bodies &

Autonomous Institutions, CPI from MOSPI etc.

GVA estimates at current price are prepared by using the production cost occurred for providing the

goods & services. Current Price estimates are deflated using CPI (General) to obtain the Constant Price

estimates.

The GSVA estimate, growth rate & percentage contribution of Public Administration & Defence sector

of Kerala and its comparison to all India estimates are depicted in the following tables.

Table 3.3.6(a)

Gross State Value Added by Economic Activity from Public Administration - At Current Prices with base year 2011-12

Sl.No Year

2011-12 2012-13 2013-14 2014-15 2015-16 2016-17(P) 2017-18(Q)




3.23 3.15 3.11 2.58 2.53 2.58 2.57


8.37 9.09 -6.83 5.89 15.24 15.40


11.21 10.19 12.44 8.09 13.04 15.51

6

% contribution of Public Administration sector of Kerala to Kerala GSVA 4.71 4.51 4.37 3.70 3.63 3.85 4.03

7

% contribution of Public Administration sector of India to All India GVA 6.06 5.94 5.81 5.88 5.82 5.93 6.17


Table 3.3.6(b)

Gross State Value Added by Economic Activity from Public Administration - At Constant Prices with base year 2011-12

Sl.No Year

2011-12 2012-13 2013-14 2014-15 2015-16 2016-17(P) 2017-18(Q)




3.23 3.14 3.08 2.51 2.45 2.50 2.44


-0.57 -0.32 -13.14 1.62 10.50 8.87


2.08 1.73 6.63 3.91 8.63 11.36

6

% contribution of Public Administration sector of Kerala to Kerala GSVA

4.71 4.42 4.23 3.54 3.41 3.60 3.70

7

% contribution of Public Administration sector of India to All India GVA 6.06 5.87 5.63 5.60 5.39 5.42 5.65


‐10.00

‐5.00

0.00

5.00

10.00

15.00

20.00

2012‐13 2013‐14 2014‐15 2015‐16 2016‐17(P) 2017‐18(Q)

Percentage Growth rate of Public Administration in Kerala & India (by economic activity) at current price

Kerala

India



3.3.7 Other Services

The economic activities covered under this sector are Coaching and Tuition, Education excluding

Coaching and Tuition, Human health activities including veterinary activities, Sewage and refuse disposal,

sanitation activities, Activities of membership organisations social work, Recreational cultural and sporting

activities washing and cleaning of textiles and fur products, hair dressing and other beauty treatment, funeral

and related activities, private households with employed person, custom tailoring, extra territorial

organisations and bodies. Major data sources are budget documents of DEs & autonomous Institutions,

annual reports of the NDEs, annual reports of private sector companies, NSS 63rd round ES, NSS 61st and

68th & 67th round ES, CPI from MOSPI.

GVA estimates at current price are prepared by using the production cost occurred for providing the

goods & services. Current Price estimates are deflated using CPI (miscellaneous) to obtain the Constant

Price estimates.

The GSVA estimate, growth rate & percentage contribution of Other Services of Kerala and its


‐15.00

‐10.00

‐5.00

0.00

5.00

10.00

15.00

2012‐13

2013‐14

2014‐15

2015‐16

2016‐17(P)

2017‐18(Q

)

Percentage Growth rate of Public Administration in Kerala & India (by economic activity) at constant price

Kerala

India


Table 3.3.7(a)

Gross State Value Added by Economic Activity from Other Services - At Current Prices with base year 2011-12

Sl.No Year

2011-12 2012-13 2013-14 2014-15 2015-16 2016-17(P) 2017-18(Q)




7.41 7.29 7.19 6.62 6.52 6.61 6.36


13.57 11.82 7.05 12.25 16.82 12.58


15.43 13.39 16.38 13.96 15.19 17.01

6

% contribution of Other Services sector of Kerala to Kerala GSVA 11.79 11.81 11.73 11.42 11.88 12.78 13.04

7

% contribution of Other Services sector of India to All India GVA 6.60 6.71 6.75 7.08 7.38 7.67 8.08

Table 3.3.7(b)

Gross State Value Added by Economic Activity from Other Services - At Constant Prices with base year 2011-12

Sl.No Year

2011-12 2012-13 2013-14 2014-15 2015-16 2016-17(P) 2017-18(Q)




7.41 7.30 7.07 6.50 6.46 6.59 6.31


4.63 2.37 0.92 7.32 11.88 7.57


6.25 5.72 9.74 7.95 9.65 12.33

6

% contribution of Other Services sector of Kerala to Kerala GSVA 11.79 11.64 11.43 11.11 11.32 12.10 12.28

7

% contribution of Other Services sector of India to All India GVA 6.60 6.65 6.63 6.79 6.78 6.89 7.24




0.00

4.00

8.00

12.00

16.00

20.00

2012‐13

2013‐14

2014‐15

2015‐16

2016‐

17(P)

2017‐

18(Q

)

Percentage Growth rate of Other Services in Kerala & India (by economic activity) at current price

Kerala

India

0.00

4.00

8.00

12.00

16.00

20.00

2012‐13

2013‐14

2014‐15

2015‐16

2016‐17(P)

2017‐18(Q

)

Percentage Growth rate of Other Services in Kerala & India (by economic activity) at constant price

Kerala

India


Chapter 4

DETAILED TABLES


4.1 GSVA / NSVA of Kerala

Gross State Value Added by Economic Activity -At Current Prices

KERALA

Base Year 2011-12 (Rs. in lakhs)

S.No. Item 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17(P) 2017-18(Q) 1. Agriculture, forestry and fishing 4837594 5036409 5501261 6093554 6399310 6928987 7628843

1.1 Crops 2904593 2640015 2837347 3048091 2617784 2913868 3324214 1.2 Livestock 1125351 1411393 1548294 1686131 1857358 1943530 2075386 1.3 Forestry and logging 430286 469819 492782 655013 1089809 1098164 1118519 1.4 Fishing and aquaculture 377363 515183 622837 704319 834359 973424 1110723

2. Mining and quarrying 272483 267683 401836 645948 207373 336121 426921 Primary 5110077 5304091 5903097 6739502 6606683 7265108 8055764 3. Manufacturing 3420404 4054145 4069129 4295381 5161952 5602721 6210380

4. Electricity, gas, water supply & other utility services 467898 538745 570824 490186 609792 568666 709714

5. Construction 5308794 5544177 6436556 7013906 7028829 7385690 7876276 Secondary 9197095 10137066 11076510 11799472 12800573 13557077 14796370

6. Trade, repair, hotels and restaurants 5321692 6502369 7368355 8399612 9410510 9869447 10852048 6.1 Trade & repair services 4732163 5849587 6657209 7656877 8600467 8948617 9846952 6.2 Hotels & restaurants 589529 652782 711146 742735 810043 920830 1005096

7. Transport, storage, communication & services related to broadcasting 2797969 3110217 3608615 3890330 4137765 4410328 4790798

7.1 Railways 98140 119548 126962 150752 169675 185588 202993 7.2 Road transport 2001208 2237489 2591554 2715970 2754527 2942206 3190687 7.3 Water transport 28281 24400 20105 24842 21537 24542 27136 7.4 Air transport 26891 52009 42831 72887 122927 118369 119570 7.5 Services incidental to transport 61793 59010 69440 76289 83762 90038 95465 7.6 Storage 3317 3736 2877 3041 3327 5039 8387

7.7 Communication & services related to broadcasting 578340 614025 754846 846550 982010 1044546 1146561

8 Financial services 1430848 1629698 1853055 2083412 2233510 2278190 2323764

9 Real estate, ownership of dwelling & professional services 4220948 5223391 6190742 7131837 7824714 8721978 9801998

10 Public administration 1585585 1718357 1874509 1746538 1849346 2131121 2459403 11 Other services 3965096 4503098 5035147 5390216 6050638 7068122 7957579 Tertiary 19322138 22687130 25930423 28641945 31506482 34479185 38185590

12 TOTAL GSVA at basic prices 33629310 38128287 42910029 47180920 50913738 55301371 61037724 13 Population ('00)* 335015 336662 338174 339843 341525 343221 344932

14 State Per Capita Income (in Rs.)at basic prices 100382 113254 126887 138832 149078 161125 176956

15 Taxes on Products 3407148 3997082 4455259 4890426 6001213 6983758 8228097 16 Subsidies on products 631670 894069 861168 814941 715590 649425 589378

17 Gross State Domestic Product 36404788 41231300 46504121 51256405 56199361 61635704 68676443

18 State Per Capita Income (in Rs.)at market prices 108666 122471 137515 150824 164554 179580 199101

P – Provisional Q- Quick * Projected


Gross State Value Added by Economic Activity -At Constant Prices

KERALA




2. Mining and quarrying 272483 228953 343746 552611 177538 287900 365829 Primary 5110077 5135760 4940905 5150876 4541323 4655024 4892009 3. Manufacturing 3420404 3846915 3668087 3772760 4845374 5222541 5704295

4. Electricity, gas, water supply & other utility services 467898 463168 500728 474327 474729 409750 530609

5. Construction 5308794 5144715 5615519 5744060 5741786 5961802 6115192 Secondary 9197095 9454798 9784334 9991146 11061889 11594093 12350096

6. Trade, repair, hotels and restaurants 5321692 6056645 6191493 6572441 7068461 7110549 7375600 6.1 Trade & repair services 4732163 5448610 5593394 5990979 6459639 6448276 6693670 6.2 Hotels & restaurants 589529 608035 598099 581461 608821 662272 681929

7. Transport, storage, communication & services related to broadcasting 2797970 2941811 3255998 3397741 3521020 3670109 3814777



8. Financial services 1430848 1527917 1696260 1838230 2081052 1959641 2020346

9. Real estate, ownership of dwelling & professional services 4220948 4793379 5477583 5985214 6387217 6877440 7417321

10. Public administration 1585585 1576474 1571388 1364909 1387044 1532729 1668636 11. Other services 3965096 4148689 4247185 4286405 4600001 5146284 5535715 Tertiary 19322139 21044915 22439908 23444940 25044795 26296751 27832395


14 State Per Capita Income (inRs.) at basic prices 100382 105849 109900 113544 119019 123961 130676


17 Gross State Domestic Product 36404788 38769346 40278133 41995555 45121002 47928990 51369589


P - Provisional Q- Quick * Projected


Net State Value Added by Economic Activity -At Current Prices

KERALA


S.No. Item 2011-12 2012-13 2013-14 2014-15 2015-16

2016-17(P) 2017-18(Q)

1. Agriculture, forestry and fishing 4026831 4089863 4403936 4835660 5069387 5520271 6024417 1.1 Crops 2156600 1773676 1829736 1887211 1391992 1614282 1841613 1.2 Livestock 1111658 1394256 1529778 1666129 1838124 1924349 2054903 1.3 Forestry and logging 425567 464566 487221 648188 1079620 1087608 1107767 1.4 Fishing and aquaculture 333005 457365 557201 634131 759651 894032 1020133

2.

Mining and quarrying 239593 235208 344106 551386 173525 284470 361316

Primary 4266424 4325071 4748042 5387045 5242912 5804741 6385733 3.

Manufacturing 3000616 3587813 3540229 3673903 4425392 4810410 5332137

4.

Electricity, gas, water supply & other utility services 311148 352636 377734 320348 408211 379663 499766

5.

Construction 5058202 5251556 6045684 6598421 6610948 6955394 7417398

Secondary 8369967 9192005 9963647 10592671 11444551 12145468 13249301 6.

Trade, repair, hotels and restaurants 5125615 6266807 7097013 8092976 9026619 9451965 10393537

6.1 Trade & repair services 4557807 5637674 6435067 7401782 8306850 8630351 9496736 6.2 Hotels & restaurants 567808 629133 661946 691193 719769 821614 896800

7.

Transport, storage, communication & services related to broadcasting 2490301 2779788 3157737 3427498 3609835 3812988 4140548



8.

Financial services 1408254 1601339 1822101 2046259 2187846 2224711 2269215

9.

Real estate, ownership of dwelling & professional services 3549760 4431327 5261901 6100925 6692321 7498825 8427386



14 State PerCapita Income (in Rs.)at basic prices 89628 101097 112760 123545 132656 143526 157378


17 Net State Domestic Product 32802112 37138412 41726497 46061432 50590997 55595370 61923259




Net State Value Added by Economic Activity -At Constant Prices

KERALA




2.


Primary 4266424 4104417 4052624 4263300 3636758 3792340 3984823 3.

Manufacturing 3000616 3404420 3226609 3276047 4226212 4561176 4980539

4.


5.

Construction 5058202 4873178 5295563 5434182 5424132 5626926 5771699

Secondary 8369967 8580866 8865392 9033930 9984167 10476409 11125798 6.



7.




8.


9.




14 State PerCapita Income (in Rs.)at basic prices 89628 94242 98641 102415 107289 112045 117974


17 Net State Domestic Product 32802112 34861581 36470677 38213426 41115015 43839422 46988233




Growth rate of Gross State Value Added ( in %)by Economic Activity -At Current Prices

KERALA

Base year 2011-12

S.No. Item 2012-13 2013-14 2014-15 2015-16 2016-17(P) 2017-18(Q) 1. Agriculture, forestry and fishing 4.11 9.23 10.77 5.02 8.28 10.10

1.1 Crops -9.11 7.47 7.43 -14.12 11.31 14.08 1.2 Livestock 25.42 9.70 8.90 10.16 4.64 6.78

1.3 Forestry and logging 9.19 4.89 32.92 66.38 0.77 1.85 1.4 Fishing and aquaculture 36.52 20.90 13.08 18.46 16.67 14.10

2.

Mining and quarrying -1.76 50.12 60.75 -67.90 62.09 27.01

Primary 3.80 11.29 14.17 -1.97 9.97 10.88 3.

Manufacturing 18.53 0.37 5.56 20.17 8.54 10.85

4.

Electricity, gas, water supply & other utility services 15.14 5.95 -14.13 24.40 -6.74 24.80

5.

Construction 4.43 16.10 8.97 0.21 5.08 6.64

Secondary 10.22 9.27 6.53 8.48 5.91 9.14 6.

Trade, repair, hotels and restaurants 22.19 13.32 14.00 12.04 4.88 9.96

6.1 Trade & repair services 23.61 13.81 15.02 12.32 4.05 10.04

6.2 Hotels & restaurants 10.73 8.94 4.44 9.06 13.68 9.15 7.

Transport, storage, communication & services related to broadcasting 11.16 16.02 7.81 6.36 6.59 8.63

7.1 Railways 21.81 6.20 18.74 12.55 9.38 9.38

7.2 Road transport 11.81 15.82 4.80 1.42 6.81 8.45 7.3 Water transport -13.72 -17.60 23.56 -13.30 13.95 10.57 7.4 Air transport 93.41 -17.65 70.17 68.65 -3.71 1.01 7.5 Services incidental to transport -4.50 17.67 9.86 9.80 7.49 6.03 7.6 Storage 12.65 -22.99 5.69 9.42 51.45 66.44

7.7 Communication & services related to broadcasting 6.17 22.93 12.15 16.00 6.37 9.77

8.

Financial services 13.90 13.71 12.43 7.20 2.00 2.00

9.

Real estate, ownership of dwelling & professional services 23.75 18.52 15.20 9.72 11.47 12.38

10. Public administration 8.37 9.09 -6.83 5.89 15.24 15.40

11. Other services 13.57 11.82 7.05 12.25 16.82 12.58

Tertiary 17.42 14.30 10.46 10.00 9.44 10.75 12. TOTAL GSVA at basic prices 13.38 12.54 9.95 7.91 8.62 10.37 13. Taxes on Products 17.31 11.46 9.77 22.71 16.37 17.82 14. Subsidies on products 41.54 -3.68 -5.37 -12.19 -9.25 -9.25 15. Total GSVA Market Prices 13.26 12.79 10.22 9.64 9.67 11.42

16. Population ('00)* 0.49 0.45 0.49 0.50 0.50 0.50

17. Per Capita GSDP (Rs.) 12.70 12.28 9.68 9.10 9.13 10.87


Growth rate of Gross State Value Added ( in %)by Economic Activity -At Constant

Prices KERALA

Base year 2011-12

S.No. Item 2012-13 2013-14 2014-15 2015-16 2016-17(P) 2017-18(Q)

1. Agriculture, forestry and fishing 1.43 -6.31 0.02 -5.10 0.08 3.64 1.1 Crops -1.22 -9.39 -4.83 -7.91 1.93 3.98 1.2 Livestock 9.34 0.62 3.40 -0.65 -3.91 1.88

1.3 Forestry and logging 0.10 -16.09 14.10 0.68 0.44 -0.42 1.4 Fishing and aquaculture -0.25 5.69 8.42 -7.73 1.82 11.18

2.


Primary 0.50 -3.79 4.25 -11.83 2.50 5.09 3.

Manufacturing 12.47 -4.65 2.85 28.43 7.78 9.22

4.

Electricity, gas, water supply & other utility services -1.01 8.11 -5.27 0.08 -13.69 29.50

5.

Construction -3.09 9.15 2.29 -0.04 3.83 2.57

Secondary 2.80 3.49 2.11 10.72 4.81 6.52 6.


6.1 Trade & repair services 15.14 2.66 7.11 7.82 -0.18 3.81

6.2 Hotels & restaurants 3.14 -1.63 -2.78 4.71 8.78 2.97 7.


7.1 Railways 21.58 -1.26 7.20 7.20 7.20 7.20

7.2 Road transport 6.50 9.67 1.97 -0.95 4.58 2.89 7.3 Water transport -17.82 -21.81 19.01 -15.75 11.17 7.58 7.4 Air transport 84.23 -21.85 63.91 63.90 -6.01 -1.72 7.5 Services incidental to transport 2.37 -5.48 6.55 9.11 4.36 3.19 7.6 Storage 4.91 -27.29 1.70 5.79 51.38 53.79

7.7 Communication & services related to broadcasting -4.62 23.55 8.09 12.72 3.74 6.79

8.

Financial services 6.78 11.02 8.37 13.21 -5.83 3.10

9.


10. Public administration -0.57 -0.32 -13.14 1.62 10.50 8.87

11. Other services 4.63 2.37 0.92 7.32 11.88 7.57

Tertiary 8.92 6.63 4.48 6.82 5.00 5.84 12. TOTAL GSVA at basic prices 5.97 4.29 3.83 5.34 4.67 5.94 13. Taxes on Products 12.35 0.81 5.99 24.16 16.86 14.25 14. Subsidies on products 9.87 7.48 -8.62 -11.15 -8.86 -11.99 15. Total GSVA Market Prices 6.50 3.89 4.26 7.44 6.22 7.18

16. Population ('00)* 0.49 0.45 0.49 0.50 0.50 0.50



Growth rate of Net State Value Added ( in %)by Economic Activity -At Current

Prices

KERALA

Base year 2011-12

S.No. Item 2012-13 2013-14 2014-15 2015-16 2016-17(P) 2017-18(Q) 1. Agriculture, forestry and fishing 1.57 7.68 9.80 4.83 8.89 9.13

1.1 Crops -17.76 3.16 3.14 -26.24 15.97 14.08 1.2 Livestock 25.42 9.72 8.91 10.32 4.69 6.78

1.3 Forestry and logging 9.16 4.88 33.04 66.56 0.74 1.85 1.4 Fishing and aquaculture 37.34 21.83 13.81 19.79 17.69 14.10

2.


Primary 1.37 9.78 13.46 -2.68 10.72 10.01 3.

Manufacturing 19.57 -1.33 3.78 20.45 8.70 10.85

4.

Electricity, gas, water supply & other utility services 13.33 7.12 -15.19 27.43 -6.99 31.63

5.

Construction 3.82 15.12 9.14 0.19 5.21 6.64

Secondary 9.82 8.39 6.31 8.04 6.12 9.09 6.


6.1 Trade & repair services 23.69 14.14 15.02 12.23 3.89 10.04

6.2 Hotels & restaurants 10.80 5.22 4.42 4.13 14.15 9.15 7.


7.1 Railways 23.63 3.79 17.04 10.58 7.78 9.38

7.2 Road transport 11.93 16.65 4.95 0.73 6.33 8.45 7.3 Water transport -13.63 -50.00 40.70 -16.76 6.51 10.57 7.4 Air transport 93.63 -56.07 131.30 109.32 -6.13 1.01 7.5 Services incidental to transport -4.39 11.15 12.48 8.51 7.57 6.03 7.6 Storage 13.94 -24.78 5.81 8.52 50.63 66.44

7.7 Communication & services related to broadcasting 7.37 13.01 16.53 14.31 4.11 9.77

8.

Financial services 13.71 13.79 12.30 6.92 1.69 2.00

9.



11. Other services 14.20 12.48 7.43 13.34 17.06 12.58

Tertiary 17.99 14.15 11.04 10.04 9.41 10.66 12. TOTAL GSVA at basic prices 13.35 12.04 10.11 7.91 8.73 10.20 13. Taxes on Products 17.31 11.46 9.77 22.71 16.37 17.82 14. Subsidies on products 41.54 -3.68 -5.37 -12.19 -9.25 -9.25 15. Total GSVA Market Prices 13.22 12.35 10.39 9.83 9.89 11.38

16. Population ('00)* 0.49 0.45 0.49 0.50 0.50 0.50



Growth rate of Net State Value Added ( in %)by Economic Activity -At Constant

Prices

KERALA

Base year 2011-12

S.No. Item 2012-13 2013-14 2014-15 2015-16 2016-17(P) 2017-18(Q) 1. Agriculture, forestry and fishing -3.07 -3.82 0.75 -7.90 1.65 3.51

1.1 Crops -10.61 -6.09 -5.49 -15.56 6.58 3.98 1.2 Livestock 9.34 0.78 3.44 -0.55 -3.85 1.88

1.3 Forestry and logging 0.08 -15.99 14.22 0.75 0.44 -0.42 1.4 Fishing and aquaculture 0.35 8.05 9.50 -7.21 2.45 11.18

2.


Primary -3.80 -1.26 5.20 -14.70 4.28 5.08 3.

Manufacturing 13.46 -5.22 1.53 29.00 7.93 9.19

4.

Electricity, gas, water supply & other utility services -2.53 13.17 -5.69 3.13 -13.63 29.57

5.

Construction -3.66 8.67 2.62 -0.18 3.74 2.57

Secondary 2.52 3.32 1.90 10.52 4.93 6.20 6.


6.1 Trade & repair services 15.21 3.29 7.20 7.71 -0.25 3.81

6.2 Hotels & restaurants 3.21 -4.39 -2.63 0.52 9.32 2.97 7.


7.1 Railways 23.39 -1.55 6.13 6.42 6.39 7.20

7.2 Road transport 6.62 11.16 2.21 -1.74 4.37 2.89 7.3 Water transport -17.72 -49.83 34.48 -19.58 6.38 7.58 7.4 Air transport 84.44 -55.18 115.95 98.35 -7.53 -1.72 7.5 Services incidental to transport 2.49 -9.89 9.25 8.53 4.51 3.19 7.6 Storage 6.13 -27.79 2.26 4.92 51.05 53.79

7.7 Communication & services related to broadcasting -3.54 14.43 13.10 14.40 1.76 6.79

8.

Financial services 6.61 11.19 8.30 13.07 -6.07 3.10

9.



11. Other services 5.21 3.68 1.47 8.39 12.16 7.57

Tertiary 9.50 7.34 5.22 7.04 5.07 5.77 12. TOTAL GSVA at basic prices 5.67 5.14 4.34 5.28 4.95 5.82 13. Taxes on Products 12.35 0.81 5.99 24.16 16.86 14.25 14. Subsidies on products 9.87 7.48 -8.62 -11.15 -8.86 -11.99 15. Total GSVA Market Prices 6.28 4.62 4.78 7.59 6.63 7.18

16. Population ('00)* 0.49 0.45 0.49 0.50 0.50 0.50



Contribution of various sub - sectors of Kerala (In %) to the GSVA of Kerala at current Price

Base Year 2011-12

S.No. Item 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17(P) 2017-18(Q)

1. Agriculture, forestry and fishing 14.39 13.21 12.82 12.92 12.57 12.53 12.50

1.1 Crops 8.64 6.92 6.61 6.46 5.14 5.27 5.45

1.2 Livestock 3.35 3.70 3.61 3.57 3.65 3.51 3.40

1.3 Forestry and logging 1.28 1.23 1.15 1.39 2.14 1.99 1.83

1.4 Fishing and aquaculture 1.12 1.35 1.45 1.49 1.64 1.76 1.82

2. Mining and quarrying 0.81 0.70 0.94 1.37 0.41 0.61 0.70

Primary 15.20 13.91 13.76 14.28 12.98 13.14 13.20

3. Manufacturing 10.17 10.63 9.48 9.10 10.14 10.13 10.17

4. Electricity, gas, water supply & other utility services 1.39 1.41 1.33 1.04 1.20 1.03 1.16

5. Construction 15.79 14.54 15.00 14.87 13.81 13.36 12.90

Secondary 27.35 26.59 25.81 25.01 25.14 24.51 24.24

6. Trade, repair, hotels and restaurants 15.82 17.05 17.17 17.80 18.48 17.85 17.78

6.1 Trade & repair services 14.07 15.34 15.51 16.23 16.89 16.18 16.13

6.2 Hotels & restaurants 1.75 1.71 1.66 1.57 1.59 1.67 1.65

7. Transport, storage, communication & services related to broadcasting

8.32 8.16 8.41 8.25 8.13 7.98 7.85

7.1 Railways 0.29 0.31 0.30 0.32 0.33 0.34 0.33

7.2 Road transport 5.95 5.87 6.04 5.76 5.41 5.32 5.23

7.3 Water transport 0.08 0.06 0.05 0.05 0.04 0.04 0.04

7.4 Air transport 0.08 0.14 0.10 0.15 0.24 0.21 0.20

7.5 Services incidental to transport 0.18 0.15 0.16 0.16 0.16 0.16 0.16

7.6 Storage 0.01 0.01 0.01 0.01 0.01 0.01 0.01

7.7 Communication & services related to broadcasting

1.72 1.61 1.76 1.79 1.93 1.89 1.88

8. Financial services 4.25 4.27 4.32 4.42 4.39 4.12 3.81

9. Real estate, ownership of dwelling & professional services

12.55 13.70 14.43 15.12 15.37 15.77 16.06

10. Public administration 4.71 4.51 4.37 3.70 3.63 3.85 4.03

11. Other services 11.79 11.81 11.73 11.42 11.88 12.78 13.04

Tertiary 57.46 59.50 60.43 60.71 61.88 62.35 62.56

12. TOTAL GSVA at basic prices 100.00 100.00 100.00 100.00 100.00 100.00 100.00


Contribution of various sub - sectors of Kerala (In %) to the GSVA of Kerala at constant Price

Base Year 2011-12

S.No. Item 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17(P)

2017-18(Q)

1. Agriculture, forestry and fishing 14.39 13.77 12.37 11.92 10.74 10.26 10.04

1.1 Crops 8.64 8.05 7.00 6.41 5.61 5.46 5.36

1.2 Livestock 3.35 3.45 3.33 3.32 3.13 2.87 2.76

1.3 Forestry and logging 1.28 1.21 0.97 1.07 1.02 0.98 0.92

1.4 Fishing and aquaculture 1.12 1.06 1.07 1.12 0.98 0.95 1.00

2. Mining and quarrying 0.81 0.64 0.92 1.43 0.44 0.68 0.81

Primary 15.20 14.41 13.29 13.35 11.17 10.94 10.85

3. Manufacturing 10.17 10.80 9.87 9.78 11.92 12.28 12.66


5. Construction 15.79 14.44 15.11 14.89 14.13 14.01 13.57

Secondary 27.35 26.53 26.33 25.89 27.21 27.25 27.40


6.1 Trade & repair services 14.07 15.29 15.05 15.53 15.89 15.16 14.85

6.2 Hotels & restaurants 1.75 1.71 1.61 1.51 1.50 1.56 1.51

7. Transport, storage, communication & services related to broadcasting

8.32 8.26 8.76 8.81 8.66 8.63 8.46

7.1 Railways 0.29 0.33 0.32 0.33 0.33 0.34 0.35

7.2 Road transport 5.95 5.98 6.29 6.18 5.81 5.80 5.64

7.3 Water transport 0.08 0.07 0.05 0.06 0.04 0.05 0.05

7.4 Air transport 0.08 0.14 0.10 0.16 0.26 0.23 0.21

7.5 Services incidental to transport 0.18 0.18 0.16 0.17 0.17 0.17 0.17

7.6 Storage 0.01 0.01 0.01 0.01 0.01 0.01 0.01

7.7 Communication & services related to broadcasting

1.72 1.55 1.83 1.91 2.04 2.02 2.04


9. Real estate, ownership of dwelling & professional services

12.55 13.45 14.74 15.51 15.71 16.16 16.46


11. Other services 11.79 11.64 11.43 11.11 11.32 12.10 12.28

Tertiary 57.46 59.06 60.38 60.76 61.61 61.81 61.75

12. TOTAL GSVA at basic prices 100.00 100.00 100.00 100.00 100.00 100.00 100.00


5.2 GVA of India

Gross Value Added by Economic Activity -At Current Prices INDIA

Base Year 2011‐12 (Rs.inlakhs)

S.No. Item 2011‐12 2012‐13 2013‐14 2014‐15 2015‐16 2016‐17(P) 2017‐18(Q)

1. Agriculture, forestry and fishing 150194800 167510600 192637300 209361200 222753300 249635800 267014600 1.1 Crops 98215100 108881400 124877600 129287400 132799200 147626800 154680800 1.2 Livestock 32733400 36882300 42273300 51041100 58241000 67282900 75841700 1.3 Forestry and logging 12443600 13755800 15667400 17376000 18441100 19284000 18934800 1.4 Fishing and aquaculture 6802700 7991100 9819000 11656700 13272000 15442100 17557300

2.


Primary 176298300 196094800 222216700 240208800 252154400 281823000 302120400 3.

Manufacturing 140998600 157283700 171345100 187836900 214618900 233506800 254208900

4.


5.

Construction 77733500 84936500 92147000 97908600 99108400 108246600 121362800

Secondary 237398900 263755200 289507600 313971300 347223800 377100200 417880600 6.



7.




8.


9.



12. TOTAL GVA at basic prices 810694800 920269300 1036315500 1150427900 1257450000 1393591900 1548271400

13 Population ('00)* 1220000 1235000 1251000 1267000 1283000 1299000 1316000

14 Per Capita Income (in Rs.) at basic prices 66450 74516 82839 90799 98009 107282 117650

15 Taxes on Products 89005972 105797700 118044400 129166217 151849555 174628824 197122302

16 Subsidies on products 26067700 31665600 31007500 32798236 32112032 31981941 35893278

17 Gross Domestic Product 873633072 994401400 1123352400 1246795881 1377187523 1536238783 1709500424

18 Per Capita Income (in Rs.) at market prices 71609 80518 89796 98405 107341 118263 129901


Gross Value Added by Economic Activity -At Constant Prices INDIA

Base Year 2011‐12 (Rs.inlakhs)

S.No. Item 2011‐12 2012‐13 2013‐14 2014‐15 2015‐16 2016‐17(P) 2017‐18(Q)

1. Agriculture, forestry and fishing 150194800 152428900 160919800 160571500 161614600 171746800 180303900

1.1 Crops 98215100 98380900 103706000 99842500 96934400 101816800 105656000

1.2 Livestock 32733400 34437500 36355800 39044900 41963700 46117100 49367600

1.3 Forestry and logging 12443600 12474300 13209300 13460900 13696000 13890500 14178500

1.4 Fishing and aquaculture 6802700 7136200 7648700 8223200 9020500 9922400 11101800 2.


Primary 176298300 178689800 187230500 189440000 193412000 206555700 216871600 3.

Manufacturing 140998600 148687300 156070900 168393800 190385000 205504300 217692300

4.


5.

Construction 77733500 78005000 80077100 83522900 86533500 91775400 96919400

Secondary 237398900 245855800 256108100 273321400 299334300 321928800 341383700

6.


6.1 Trade & repair services 79368100 88866500 94194100 103764000 115012100 126816500 140026500

6.2 Hotels & restaurants 8990100 9295500 9256500 9820100 11130500 12101100 12815600

7.


7.1 Railways 6115000 6916200 7368500 8072000 8545200 8216100 8853300

7.2 Road transport 26244200 28242500 30056300 32081300 34315500 36225200 38426600

7.3 Water transport 691000 705200 734500 795400 809500 856700 913100

7.4 Air transport 439300 418300 455000 518800 605300 717100 843100

7.5 Services incidental to transport 6360200 6648000 7017200 7559600 8115600 8681700 9335400

7.6 Storage 510800 571600 521000 552900 624500 606200 666100


8.


9.


10. Public administration 49115500 50138300 51004600 54385300 56510600 61389600 68362800

11. Other services 53482700 56826200 60074800 65926200 71169100 78037300 87662400

Tertiary 396997600 430081900 463026300 508451800 556440900 603412800 652161300

12. TOTAL GVA at basic prices 810694800 854627500 906364900 971213200 1049187200 1131897300 1210416600

13 Population ('00)* 1220000 1235000 1251000 1267000 1283000 1299000 1316000

14 Per Capita Income(in Rs.) at basic prices 66450 69201 72451 76655 81776 87136 91977

15 Taxes on Products 89005972 96081089 100891348 109242983 114555813 123911762 135630116

16 Subsidies on products 26067700 29406957 27119228 27688898 26793534 25976238 28060853

17 Gross Domestic Product 873633072 921301631 980137021 1052767284 1136949479 1229832825 1317985863

18 Per Capita Income (in Rs.)at market prices 71609 74599 78348 83091 88616 94675 100151


Growth rate of Gross Value Added ( in %)by Economic Activity -At Current Prices INDIA

Base year 2011‐12

S.No. Item 2012‐13

2013‐14

2014‐15

2015‐16

2016‐17(P)

2017‐18(Q)

1. Agriculture, forestry and fishing 11.53 15.00 8.68 6.40 12.07 6.96 1.1 Crops 10.86 14.69 3.53 2.72 11.17 4.78 1.2 Livestock 12.67 14.62 20.74 14.11 15.52 12.72 1.3 Forestry and logging 10.55 13.90 10.91 6.13 4.57 -1.81 1.4 Fishing and aquaculture 17.47 22.87 18.72 13.86 16.35 13.70

2. Mining and quarrying 9.50 3.48 4.29 -4.69 9.07 Primary 11.23 13.32 8.10 4.97 11.77 7.20

3. Manufacturing 11.55 8.94 9.62 14.26 8.80 8.87

4. Electricity, gas, water supply & other utility services 15.37 20.81 8.50 18.67 5.52 19.70

5. Construction 9.27 8.49 6.25 1.23 9.22 12.12 Secondary 11.10 9.76 8.45 10.59 8.60 10.81

6. Trade, repair, hotels and restaurants 19.35 12.33 11.50 8.57 12.20 13.97 6.1 Trade & repair services 20.29 12.96 11.87 8.36 12.33 14.38 6.2 Hotels & restaurants 11.07 6.30 7.74 10.74 10.81 9.66

7. Transport, storage, communication & services related to broadcasting 15.09 13.20 14.04 9.38 8.00 6.48

7.1 Railways 18.23 8.89 17.45 8.64 6.36 8.60 7.2 Road transport 14.56 12.52 9.48 7.98 8.65 9.00 7.3 Water transport 4.05 -9.93 17.20 -3.85 26.10 -3.23 7.4 Air transport 85.02 -15.69 72.48 72.12 9.27 3.68 7.5 Services incidental to transport 13.29 5.09 21.08 -3.75 16.14 14.56 7.6 Storage 20.69 -2.25 6.32 9.58 5.07 13.56

7.7 Communication & services related to broadcasting 13.53 24.37 16.11 14.94 3.98 -1.85

8. Financial services 11.78 11.65 10.36 9.81 3.30 12.23

9. Real estate, ownership of dwelling & professional services 18.00 18.58 15.76 11.63 13.78 11.53

10. Public administration 11.21 10.19 12.44 8.09 13.04 15.51 11. Other services 15.43 13.39 16.38 13.96 15.19 17.01 Tertiary 15.98 13.94 13.66 10.37 11.64 12.74

12. TOTAL GVA at basic prices 13.52 12.61 11.01 9.30 10.83 11.10

13 Population ('00)* 1.23 1.30 1.28 1.26 1.25 1.31

14 Per Capita Income (in Rs.) at basic prices 12.14 11.17 9.61 7.94 9.46 9.66

15 Taxes on Products 18.87 11.58 9.42 17.56 15.00 12.88

16 Subsidies on products 21.47 -2.08 5.78 -2.09 -0.41 12.23

17 Gross Domestic Product 13.82 12.97 10.99 10.46 11.55 11.28

18 Per Capita Income (in Rs.)at market prices 12.44 11.52 9.59 9.08 10.18 9.84


Growth rate of Gross Value Added ( in %)by Economic Activity -At Constant Prices Base year 2011-12 INDIA

S.No. Item 2012-13 2013-14 2014-15 2015-16 2016-17(P) 2017-18(Q) 1. Agriculture, forestry and fishing 1.49 5.57 -0.22 0.65 6.27 4.98

1.1 Crops 0.17 5.41 -3.73 -2.91 5.04 3.77 1.2 Livestock 5.21 5.57 7.40 7.48 9.90 7.05 1.3 Forestry and logging 0.25 5.89 1.90 1.75 1.42 2.07 1.4 Fishing and aquaculture 4.90 7.18 7.51 9.70 10.00 11.89

2. Mining and quarrying 0.60 0.19 9.72 10.15 9.47 5.05 Primary 1.36 4.78 1.18 2.10 6.80 4.99

3. Manufacturing 5.45 4.97 7.90 13.06 7.94 5.93

4. Electricity, gas, water supply & other utility services 2.66 4.16 7.24 4.72 9.96 8.61

5. Construction 0.35 2.66 4.30 3.60 6.06 5.60

Secondary 3.56 4.17 6.72 9.52 7.55 6.04

6. Trade, repair, hotels and restaurants 11.10 5.39 9.80 11.06 10.13 10.02

6.1 Trade & repair services 11.97 6.00 10.16 10.84 10.26 10.42 6.2 Hotels & restaurants 3.40 -0.42 6.09 13.34 8.72 5.90

7. Transport, storage, communication & services related to broadcasting 7.55 8.43 8.79 8.86 3.40 3.64

7.1 Railways 13.10 6.54 9.55 5.86 -3.85 7.76 7.2 Road transport 7.61 6.42 6.74 6.96 5.57 6.08 7.3 Water transport 2.05 4.15 8.29 1.77 5.83 6.58 7.4 Air transport -4.78 8.77 14.02 16.67 18.47 17.57 7.5 Services incidental to transport 4.53 5.55 7.73 7.35 6.98 7.53 7.6 Storage 11.90 -8.85 6.12 12.95 -2.93 9.88

7.7 Communication & services related to broadcasting 6.81 16.00 12.83 14.31 0.98 -4.82

8. Financial services 10.32 9.08 8.54 7.26 3.61 4.25

9. Real estate, ownership of dwelling & professional services 9.48 12.11 12.17 12.14 10.81 6.96

10. Public administration 2.08 1.73 6.63 3.91 8.63 11.36

11. Other services 6.25 5.72 9.74 7.95 9.65 12.33 Tertiary 8.33 7.66 9.81 9.44 8.44 8.08

12. TOTAL GVA at basic prices 5.42 6.05 7.15 8.03 7.88 6.94 13 Population ('00)* 1.23 1.30 1.28 1.26 1.25 1.31

14 Per Capita Income (in Rs.) at basic prices 4.14 4.70 5.80 6.68 6.55 5.56


Contribution of Various Sub sectors of Kerala(in %) to GVA of INDIA -At Current Prices

INDIA

Base Year 2011-12

S.No. Item 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17(P) 2017-18(Q)

1. Agriculture, forestry and fishing 3.22 3.01 2.86 2.91 2.87 2.78 2.86 1.1 Crops 2.96 2.42 2.27 2.36 1.97 1.97 2.15 1.2 Livestock 3.44 3.83 3.66 3.30 3.19 2.89 2.74 1.3 Forestry and logging 3.46 3.42 3.15 3.77 5.91 5.69 5.91 1.4 Fishing and aquaculture 5.55 6.45 6.34 6.04 6.29 6.30 6.33

2. Mining and quarrying 1.04 0.94 1.36 2.09 0.71 1.04 1.22 Primary 2.90 2.70 2.66 2.81 2.62 2.58 2.67 3. Manufacturing 2.43 2.58 2.37 2.29 2.41 2.40 2.44


5. Construction 6.83 6.53 6.99 7.16 7.09 6.82 6.49 Secondary 3.87 3.84 3.83 3.76 3.69 3.60 3.54

6. Trade, repair, hotels and restaurants 6.02 6.17 6.22 6.36 6.56 6.13 5.92 6.1 Trade & repair services 5.96 6.13 6.17 6.35 6.58 6.09 5.86 6.2 Hotels & restaurants 6.56 6.54 6.70 6.49 6.40 6.56 6.53

7. Transport, storage, communication & services related to broadcasting 5.28 5.10 5.23 4.94 4.81 4.75 4.84

7.1 Railways 1.60 1.65 1.61 1.63 1.69 1.74 1.75 7.2 Road transport 7.63 7.44 7.66 7.33 6.89 6.77 6.74 7.3 Water transport 4.09 3.39 3.10 3.27 2.95 2.67 3.05 7.4 Air transport 6.12 6.40 6.25 6.17 6.04 5.32 5.19 7.5 Services incidental to transport 0.97 0.82 0.92 0.83 0.95 0.88 0.81 7.6 Storage 0.65 0.61 0.48 0.47 0.47 0.68 1.00

7.7 Communication & services related to broadcasting 4.59 4.29 4.25 4.10 4.14 4.23 4.73


9. Real estate, ownership of dwelling & professional services 4.02 4.21 4.21 4.19 4.12 4.03 4.07

10. Public administration 3.23 3.15 3.11 2.58 2.53 2.58 2.57 11. Other services 7.41 7.29 7.19 6.62 6.52 6.61 6.36 Tertiary 4.87 4.93 4.94 4.80 4.79 4.69 4.61

12. TOTAL GVA at basic prices 4.15 4.14 4.14 4.10 4.05 3.97 3.94


Contribution of Various Sub sectors to GVA of INDIA -At Constant Prices

INDIA

Base Year 2011-12

S.No. Item 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17(P) 2017-18(Q)


2. Mining and quarrying 3.22 3.07 2.90 2.97 3.03 3.08 3.02 Primary 21.75 20.91 20.66 19.51 18.43 18.25 17.92

3. Manufacturing 17.39 17.40 17.22 17.34 18.15 18.16 17.98


5. Construction 9.59 9.13 8.83 8.60 8.25 8.11 8.01

Secondary 29.28 28.77 28.26 28.14 28.53 28.44 28.20


6.1 Trade & repair services 9.79 10.40 10.39 10.68 10.96 11.20 11.57 6.2 Hotels & restaurants 1.11 1.09 1.02 1.01 1.06 1.07 1.06

7. Transport, storage, communication & services related to broadcasting 6.53 6.66 6.81 6.92 6.97 6.68 6.48




9. Real estate, ownership of dwelling & professional services 12.96 13.46 14.23 14.89 15.46 15.88 15.88


11. Other services 6.60 6.65 6.63 6.79 6.78 6.89 7.24 Tertiary 48.97 50.32 51.09 52.35 53.04 53.31 53.88



Contribution of Various Sub sectors of Kerala(in %) to GVA of INDIA -At Constant Prices

INDIA

Base Year 2011-12

S.No. Item 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17(P) 2017-18(Q)


2.

Mining and quarrying 1.04 0.87 1.31 1.91 0.56 0.83 1.00

Primary 2.90 2.87 2.64 2.72 2.35 2.25 2.26 3.

Manufacturing 2.43 2.59 2.35 2.24 2.55 2.54 2.62

4.

Electricity, gas, water supply & other utility services 2.51 2.42 2.51 2.22 2.12 1.66 1.98

5.

Construction 6.83 6.60 7.01 6.88 6.64 6.50 6.31

Secondary 3.87 3.85 3.82 3.66 3.70 3.60 3.62 6.

Trade, repair, hotels and restaurants 6.02 6.17 5.98 5.79 5.60 5.12 4.83


7.

Transport, storage, communication & services related to broadcasting 5.28 5.17 5.27 5.06 4.81 4.85 4.87



8.

Financial services 2.98 2.88 2.94 2.93 3.09 2.81 2.78

9.

Real estate, ownership of dwelling & professional services 4.02 4.17 4.25 4.14 3.94 3.83 3.86

10. Public administration 3.23 3.14 3.08 2.51 2.45 2.50 2.44 11. Other services 7.41 7.30 7.07 6.50 6.46 6.59 6.31 Tertiary 4.87 4.89 4.85 4.61 4.50 4.36 4.27



Contribution of Various Sub sectors to GVA of INDIA -At Current Prices

INDIA

Base Year 2011-12

S.No. Item 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17(P) 2017-18(Q)


2.

Mining and quarrying 3.22 3.11 2.85 2.68 2.34 2.31 2.27

Primary 21.75 21.31 21.44 20.88 20.05 20.22 19.51 3.

Manufacturing 17.39 17.09 16.53 16.33 17.07 16.76 16.42

4.

Electricity, gas, water supply & other utility services 2.30 2.34 2.51 2.45 2.66 2.54 2.73

5.

Construction 9.59 9.23 8.89 8.51 7.88 7.77 7.84

Secondary 29.28 28.66 27.94 27.29 27.61 27.06 26.99 6.

Trade, repair, hotels and restaurants 10.90 11.46 11.43 11.48 11.40 11.55 11.84


7.

Transport, storage, communication & services related to broadcasting 6.53 6.62 6.66 6.84 6.84 6.67 6.39



8.

Financial services 5.92 5.83 5.78 5.75 5.78 5.38 5.44

9.

Real estate, ownership of dwelling & professional services 12.96 13.47 14.19 14.79 15.11 15.51 15.57


11. Other services 6.60 6.71 6.75 7.08 7.38 7.67 8.08 Tertiary 48.97 50.03 50.62 51.83 52.33 52.72 53.50



4.2 DISTRICT DOMESTIC PRODUCT OF KERALA GROSS DISTRICT VALUE ADDED (AT BASIC PRICE )- AT CURRENT PRICE

Base year 2011-12 YEAR 2011-12 Rs in Lakhs Sl. No. Industry

TVM KLM PTA ALP KTM IDK EKM TSR PLK MLP KKD WYD KNR KSD Total

1. Agriculture, forestry & fishing 327299 417597 306431 240967 554587 452390 506687 276826 415391 373707 240778 189316 309748 225869 4837594

1.1 Crops 173525 201073 219190 61340 434322 344890 283054 108827 261175 200917 100619 133440 204127 178094 2904593 1.2 Livestock 91781 119339 67383 79425 89419 92393 108264 77368 111491 104137 57709 43625 58921 24097 1125351 1.3 Forestry & Logging 41499 33622 18727 33761 26873 13624 41676 38809 36025 50356 38872 11389 31021 14033 430286 1.4 Fishing 20494 63562 1131 66441 3973 1483 73693 51821 6700 18297 43579 863 15680 9646 377363 2. Mining & Quarrying 18243 12395 14592 2023 14781 9980 71266 28231 26110 24465 12692 8265 20134 9307 272483

A. Sub-Total of Primary 345542 429993 321023 242990 569367 462370 577953 305057 441502 398171 253470 197581 329882 235176 5110077 3. Manufacturing 245982 373939 46273 436502 203192 84540 509845 358120 243234 212021 267479 16201 270907 152166 3420404

4. Electricity, Gas, Water Supply & other Utility Services 63829 27589 14574 21620 28125 16329 152756 32136 22383 16020 28221 3561 34873 5881 467898

4.1 Electricity, gas & other utility services 54305 23636 13386 18336 24817 15560 140406 27603 18982 14076 26241 3083 33667 5286 419383

4.2 Water Supply 9524 3953 1188 3283 3308 769 12350 4533 3401 1945 1981 478 1206 595 48515 5. Construction 748477 467953 157044 343781 246384 137848 528233 450667 337377 621576 550306 102551 414945 201652 5308794

B. Sub-Total of Secondary 1058288 869481 217891 801902 477701 238718 1190835 840923 602995 849618 846006 122314 720726 359699 9197095 6. Trade,hotels & restaurants 512394 558439 132531 418495 405473 161066 560566 519928 425442 495309 548238 93180 364076 126557 5321692

7. Transport,Storage & Communication 326121 208685 84182 183192 185038 100025 452619 260763 216185 266975 210787 51813 166713 84872 2797969

8. Financial Services 181036 96078 35786 119813 80117 59573 256720 192422 70454 119381 123652 4058 79152 12605 1430848

9. Real estate,ownership of dwellings & professional services 482005 269549 51710 308665 281858 41404 598067 555334 278400 614708 236204 38754 267409 196882 4220948

10. Public Administration 253983 90273 53393 104038 105373 56829 280183 205854 76617 77694 119072 36191 91907 34178 1585585 11. Other Services 361938 279184 175393 236619 256431 149760 351167 335809 331766 480923 400929 110877 326913 167389 3965096

C. Sub-Total of Tertiary 2117476 1502208 532995 1370823 1314289 568657 2499322 2070110 1398864 2054990 1638881 334872 1296168 622482 19322138

12. Distict Value Added at basic Prices 3521306 2801682 1071909 2415715 2361357 1269744 4268110 3216090 2443360 3302779 2738358 654767 2346776 1217357 33629310

13. Population (In Number)* 3305398 2638365 1195321 2128887 1975780 1107806 3292995 3129999 2821587 4143325 3098862 819629 2529853 1313676 33501483

14. District Per Capita Income (Rs.) at Basic Price 106532 106190 89675 113473 119515 114618 129612 102751 86595 79713 88367 79886 92763 92668 100382


GROSS DISTRICT VALUE ADDED (AT BASIC PRICE )- AT CURRENT PRICE Base year 2011-12 YEAR 2012-13 Rs in Lakhs

Sl. No. Industry TVM KLM PTA ALP KTM IDK EKM TSR PLK MLP KKD WYD KNR KSD Total







B. Sub-Total of Secondary 1060587 901332 279590 865896 526144 262278 1131639 960161 731405 938326 1063485 172274 901981 341968 10137066

6. Trade,hotels & restaurants 679570 869648 138068 618089 469662 189049 561255 608968 413475 662199 633859 111832 415210 131486 6502369










GROSS DISTRICT VALUE ADDED (AT BASIC PRICE )- AT CURRENT PRICE Base year 2011-12 YEAR 2016-17(Provisional) Rs in Lakhs


















GROSS DISTRICT VALUE ADDED (AT BASIC PRICE )- AT CURRENT PRICE Base year 2011-12 YEAR 2017-18(Quick) Rs in Lakhs



















GROSS DISTRICT VALUE ADDED (AT BASIC PRICE )- AT CONSTANT PRICE Base year 2011-12 YEAR 2011-12 Rs in Lakhs


















GROSS DISTRICT VALUE ADDED (AT BASIC PRICE )- AT CONSTANT PRICE Base year 2011-12 YEAR 2016-17(Provisional) Rs in Lakhs


















GROSS DISTRICT VALUE ADDED (AT BASIC PRICE )- AT CONSTANT PRICE Base year 2011-12 YEAR 2017-18(Quick) Rs in Lakhs


















NET DISTRICT VALUE ADDED (AT BASIC PRICE )- AT CURRENT PRICE Base year 2011-12 YEAR 2011-12 Rs in Lakhs

Sl. No. Industry




















Sl. No. Industry



















NET DISTRICT VALUE ADDED (AT BASIC PRICE )- AT CURRENT PRICE Base year 2011-12 YEAR 2016-17(Provisional) Rs in Lakhs

Sl. No. Industry


















NET DISTRICT VALUE ADDED (AT BASIC PRICE )- AT CURRENT PRICE Base year 2011-12 YEAR 2017-18(Quick) Rs in Lakhs

Sl. No. Industry


















NET DISTRICT VALUE ADDED (AT BASIC PRICE )- AT CONSTANT PRICE Base year 2011-12 YEAR 2011-12 Rs in Lakhs

Sl. No. Industry




















Sl. No. Industry



















NET DISTRICT VALUE ADDED (AT BASIC PRICE )- AT CONSTANT PRICE Base year 2011-12 YEAR 2016-17(Provisional) Rs in Lakhs



















NET DISTRICT VALUE ADDED (AT BASIC PRICE )- AT CONSTANT PRICE Base year 2011-12 YEAR 2017-18(Quick) Rs in Lakhs



















Chapter 5: ABBREVIATIONS Assets Assets are entities that must be owned by some unit, or units, and

from which economic benefits are derived by their owner(s) by holding or using them over a period of time.

Base period The period that provides the weights for an index is described as the base period.

Basic price The basic price is the amount receivable by the producer from the purchaser for a unit of a good or service produced as output minus any tax payable, and plus any subsidy receivable, on that unit as a consequence of its production or sale; it excludes any transport charges invoiced separately by the producer.

Capital stock - gross

Gross capital stock is the value of all fixed assets still in use at the end of an accounting period, at the actual or estimated current purchasers’ prices for new assets of the same type, irrespective of the age of the assets.

Capital stock - net

The sum of the written-down values of all the fixed assets still in use at the end of an accounting period is described as the net capital stock.

Changes in inventories

(including work-in-progress)

Changes in inventories (including work-in-progress) are measured by the value of the entries into inventories less the value of withdrawals and the value of any recurrent losses of goods held in inventories.

Classification of

individual consumption by

purpose (COICOP)

The classification of individual consumption by purpose (COICOP) is a classification used to identify the objectives of both individual consumption expenditure and actual individual consumption.

Classification of the functions of

government (COFOG)

The classification of the functions of government (COFOG) is a classification used to identify the socio-economic objectives of current transactions, capital outlays and acquisition of financial assets by general government and its sub-sectors.

Compensation of employees

Compensation of employees is the total remuneration, in cash or in kind, payable by enterprises to employees in return for work done by the latter during the accounting period.

Computer software

Computer software consists of computer programs, program descriptions and supporting materials for both systems and applications software.

Constant prices

Constant prices are obtained by directly factoring changes over time in the values of flows of goods and services into two components reflecting changes in the prices of the goods and services concerned and changes in their volumes (i.e. changes in “constant price terms”).


Consumption Consumption is an activity in which institutional units use up goods or services; consumption can be either intermediate or final.

Consumption of fixed capital

Consumption of fixed capital represents the reduction in the value of the fixed assets used in production during the accounting period resulting from physical deterioration, normal obsolescence or normal accidental damage.

Cultivated assets

Cultivated assets are livestock for breeding (including fish and poultry), dairy, draught, etc. and vineyards, orchards and other plantations of trees yielding repeat products that are under the direct control, responsibility and management of institutional units.

Defined benefit pension plans

Defined benefit pension plans are those in which the level of pension benefits promised to participating employees is guaranteed; benefits are related by some formula to participants’ length of service and salary and are not totally dependent on either the participants’ contributions or the assets in the fund.

Depletion of natural

economic assets

The depletion of natural economic assets is the reduction in the value of deposits of subsoil assets, natural forests, fish stocks in the open seas and other non-cultivated biological resources as a result of the physical removal and using up of the assets.

Depreciation Depreciation as usually calculated in business accounts is a method of allocating the costs of past expenditures on fixed assets over subsequent accounting periods; note that the depreciation methods favored in business accounting and those prescribed by tax authorities almost invariably deviate from the concept of consumption of fixed capital employed in the SNA and so the term “consumption of fixed capital” is used in the SNA to distinguish it from “depreciation” as typically measured in business accounts.

Disposable income

Disposable income is derived from the balance of primary incomes of an institutional unit or sector by adding all current transfers, except social transfers in kind, receivable by that unit or sector and subtracting all current transfers, except social transfers in kind, payable by that unit or sector.

Disposals

Disposals of assets (inventories, fixed assets or land or other non-produced assets) by institutional units occur when one of those units sells any of the assets to another institutional unit. .

Domestic output

Domestic output is output produced by resident enterprises.

Double deflation

Double deflation is a method whereby gross value added is measured at constant prices by subtracting intermediate consumption at constant prices from output at constant prices; this method is feasible only for constant price estimates which are additive, such as those calculated using a Laspeyres’ formula (either fixed-base or for estimates expressed in the previous year’s prices).


Durable good A durable good is one which may be used repeatedly or continuously over a period of more than a year, assuming a normal or average rate of physical usage.

Dwellings Dwellings are buildings that are used entirely or primarily as residences, including any associated structures, such as garages, and all permanent fixtures customarily installed in residences; movable structures, such as caravans, used as principal residences of households are included.

Entertainment, literary or

artistic originals

Entertainment, literary or artistic originals are the original films, sound recordings, manuscripts, tapes, models, etc, on which drama performances, radio and television programming, musical performances, sporting events, literary and artistic output, etc, are recorded or embodied.

Establishment An establishment is an enterprise or part of an enterprise that is situated in a single location and in which only a single (non-ancillary) productive activity is carried out or in which the principal productive activity accounts for most of the value added.

Expenditures Expenditures are the values of the amounts that buyers pay, or agree to pay, to sellers in exchange for goods or services that sellers provide to them or to other institutional units designated by the buyers.

Exports of goods

Exports of goods consist of exports of the following items from residents to non-residents, generally with a change of ownership being involved: general merchandise, goods for processing, goods procured in domestic ports by non-resident carriers, and non-monetary gold.

Exports of services

Exports of services consist of the following services provided by residents to non-residents: transportation; travel; communications; construction; insurance; financial; computer and information; royalties and licence fees; other business services; personal, cultural, and recreational services; and government services n.i.e.

Factor cost Gross value added at factor cost is not a concept used explicitly in the System but it can easily be derived by subtracting the value of any taxes, less subsidies, on production payable out of gross value added.

Final consumption

Final consumption consists of goods and services used up by individual households or the community to satisfy their individual or collective needs or wants.

Final consumption expenditure of government

Government final consumption expenditure consists of expenditure, including imputed expenditure, incurred by general government on both individual consumption goods and services and collective consumption services.


Final consumption expenditure of

households

Household final consumption expenditure consists of the expenditure, including imputed expenditure, incurred by resident households on individual consumption goods and services, including those sold at prices that are not economically significant.

Final consumption expenditure of

NPISHs

Final consumption expenditure of NPISHs consists of the expenditure, including imputed expenditure, incurred by resident NPISHs on individual consumption goods and services.

Financial auxiliaries

The financial auxiliaries sub-sector consists of all resident corporations and quasi-corporations engaged primarily in activities closely related to financial intermediation but which do not themselves perform an intermediation role.

Financial corporations

The financial corporations sector consists of all resident corporations or quasi-corporations principally engaged in financial intermediation or in auxiliary financial activities which are closely related to financial intermediation.

Financial enterprises

Financial enterprises are enterprises that are principally engaged in financial intermediation or in auxiliary financial activities which are closely related to financial intermediation.

Financial intermediaries

Financial intermediaries are units which incur liabilities on their own account on financial markets by borrowing funds which they lend on different terms and conditions to other institutional units.

Financial intermediation

Financial intermediation is a productive activity in which an institutional unit incurs liabilities on its own account for the purpose of acquiring financial assets by engaging in financial transactions on the market.

Financial intermediation

services indirectly measured

(FISIM)

Financial intermediation services indirectly measured (FISIM) is an indirect measure of the value of financial intermediation services provided but for which financial institutions do not charge explicitly.

Fixed assets

Fixed assets are tangible or intangible assets produced as outputs from processes of production that are themselves used repeatedly or continuously in other processes of production for more than one year.

Foreign direct

investment

Foreign direct investment is the category of international investment that reflects the objective of a resident entity in one economy to obtain a lasting interest in an enterprise resident in another economy; foreign direct investment is defined as ownership of 10 per cent or more of the ordinary shares or voting power (for an incorporated enterprise) or the equivalent (for an unincorporated enterprise).

Functional classifications

Functional classifications provide a means of classifying, by purpose or socio-economic objective, certain transactions of producers and of three institutional sectors - namely households, general government and non-profit institutions serving households (NPISH)s.


GDP - expenditure

based

Expenditure-based GDP is total final expenditures at purchasers’ prices (including the f.o.b. value of exports of goods and services), less the f.o.b. value of imports of goods and services.

GDP - income based

Income-based GDP is compensation of employees, plus taxes less subsidies on production and imports, plus gross mixed income, plus gross operating surplus.

GDP - output based

Output-based GDP is the sum of the gross values added of all resident producers at producers’ prices, plus taxes less subsides on imports, plus all non-deductible VAT (or similar taxes).

GDP at market prices

GDP at market prices is the sum of the gross values added of all resident producers at producers’ prices, plus taxes less subsides on imports, plus all non-deductible VAT (or similar taxes).

GNI (gross national income)

GNI (gross national income) is GDP less net taxes on production and imports, less compensation of employees less property income payable to the rest of the world plus the corresponding items receivable from the rest of the world (in other words, GDP less primary incomes payable to non-resident units plus primary incomes receivable from non-resident units); an alternative approach to measuring GNI at market prices is as the aggregate value of the balances of gross primary incomes for all sectors; (note that GNI is identical to gross national product (GNP) as previously used in national accounts generally).

Goods

Goods are physical objects for which a demand exists, over which ownership rights can be established and whose ownership can be transferred from one institutional unit to another by engaging in transactions on markets.

Goods and services account

The goods and services account shows for the economy as a whole and for groups of products, the total resources in terms of output and imports, and the uses of goods and services in terms of intermediate consumption, final consumption, gross capital formation and exports.

Government

final consumption expenditure

Government final consumption expenditure consists of expenditure, including imputed expenditure, incurred by general government on both individual consumption goods and services and collective consumption services.

Gross The term “gross” is a common means of referring to values before deducting consumption of fixed capital (generally used as in “gross capital stock” or “gross domestic product”).

Gross capital formation

Gross capital formation is measured by the total value of the gross fixed capital formation, changes in inventories and acquisitions less disposals of valuables for a unit or sector.


Gross fixed capital

formation

Gross fixed capital formation is measured by the total value of a producer’s acquisitions, less disposals, of fixed assets during the accounting period plus certain additions to the value of non-produced assets (such as subsoil assets or major improvements in the quantity, quality or productivity of land) realised by the productive activity of institutional units.

Gross national disposable

income

Gross national disposable income may be derived from gross national income by adding all current transfers in cash or in kind receivable by resident institutional units from non-resident units and subtracting all current transfers in cash or in kind payable by resident institutional units to non-resident units.

Gross saving Gross saving is gross disposable income less final consumption expenditure.

Gross value added

Gross value added is the value of output less the value of intermediate consumption; it is a measure of the contribution to GDP made by an individual producer, industry or sector.

Gross value added at basic

prices

Gross value added at basic prices is output valued at basic prices less intermediate consumption valued at purchasers’ prices.

Gross value added at

producers’ prices

Gross value added at producers’ prices is output valued at producers’ prices less intermediate consumption valued at purchasers’ prices.

Historic cost accounting

Historic cost accounting is a valuation method which requires goods or assets used in production to be valued by the expenditures actually incurred to acquire those goods or assets, however far back in the past those expenditures took place.

Holding gains Positive or negative holding gains may accrue during the accounting period to the owners of financial and non-financial assets and liabilities as a result of a change in their prices (holding gains are sometimes referred to as “capital gains”).

Household final

consumption expenditure

Household final consumption expenditure consists of the expenditure, including imputed expenditure, incurred by resident households on individual consumption goods and services, including those sold at prices that are not economically significant.

Illegal production

Illegal production is the production of goods or services whose sale, distribution or possession is forbidden by law; and production activities which are usually legal but which become illegal when carried out by unauthorised producers; the scope of illegal production varies depending on the laws in place in individual countries (eg, prostitution is legal in some countries but illegal in others).

Income Income is the maximum amount that a household, or other unit, can consume without reducing its real net worth.


Income from abroad - net

Net income from abroad is the difference between the total values of the primary incomes receivable from, and payable to, non-residents.

Industry An industry consists of a group of establishments engaged on the same, or similar, kinds of production activity; the classification of productive activities used in the System is ISIC (Rev.3).

Institutional sectors

Institutional units are grouped together to form institutional sectors, on the basis of their principal functions, behaviour, and objectives.

Institutional unit

An institutional unit is an economic entity that is capable, in its own right, of owning assets, incurring liabilities and engaging in economic activities and in transactions with other entities.

Insurance The activity of insurance is intended to provide individual institutional units exposed to certain risks with financial protection against the consequences of the occurrence of specified events; it is also a form of financial intermediation in which funds are collected from policyholders and invested in financial or other assets which are held as technical reserves to meet future claims arising from the occurrence of the events specified in the insurance policies.

Insurance corporations

Insurance corporations consist of incorporated, mutual and other entities whose principal function is to provide life, accident, sickness, fire or other forms of insurance to individual institutional units or groups of units.

Insurance technical reserves

The technical reserves held by insurance enterprises consist of the actuarial reserves against outstanding risks in respect of life insurance policies, including reserves for with-profit policies which add to the value on maturity of with-profit endowments or similar policies, prepayments of premiums and reserves against outstanding claims.

Intangible fixed

assets

Intangible fixed assets are non-financial produced fixed assets that mainly consist of mineral exploration, computer software, entertainment, literary or artistic originals intended to be used for more than one year.

Intangible non-produced assets

Intangible non-produced assets are assets that entitle their owners to engage in certain specific activities or to produce certain specific goods or services and to exclude other institutional units from doing so except with the permission of the owner (eg, patented entities or purchased goodwill).

Integrated economic accounts

The integrated economic accounts comprise the full set of accounts of institutional sectors and the rest of the world, together with the accounts for transactions (and other flows) and the accounts for assets and liabilities.


Interest Interest is the amount that the debtor becomes liable to pay to the creditor over a given period of time without reducing the amount of principal outstanding, under the terms of the financial instrument agreed between them.

Intermediate consumption

Intermediate consumption consists of the value of the goods and services consumed as inputs by a process of production, excluding fixed assets whose consumption is recorded as consumption of fixed capital; the goods or services may be either transformed or used up by the production process.

Inventories Inventories consist of stocks of outputs that are still held by the units that produced them prior to their being further processed, sold, delivered to other units or used in other ways and stocks of products acquired from other units that are intended to be used for intermediate consumption or for resale without further processing.

Inventories - changes in

(including work-in-progress)

Changes in inventories (including work-in-progress) are measured by the value of the entries into inventories less the value of withdrawals and the value of any recurrent losses of goods held in inventories.

Inventories of work-in-

progress on cultivated

assets

Inventories of work-in-progress on cultivated assets consist of livestock raised for products yielded only on slaughter, such as fowl and fish raised commercially, trees and other vegetation yielding once-only products on destruction and immature cultivated assets yielding repeat products.

ISIC ISIC is the United Nations International Standard Industrial Classification of All Economic Activities; the third revision of ISIC is used in the 1993 SNA.

Kind-of-activity

unit

A kind-of-activity unit is an enterprise, or a part of an enterprise, which engages in only one kind of (non-ancillary) productive activity or in which the principal productive activity accounts for most of the value added.

Land

Land is the ground, including the soil covering and any associated surface waters, over which ownership rights are enforced.

Machinery and equipment

(assets)

Machinery and equipment (assets) consist of transport equipment and other machinery and equipment other than that acquired by households for final consumption.

Maintenance and repairs (of fixed assets)

Ordinary maintenance and repairs of fixed assets are activities that owners or users of fixed assets are obliged to undertake periodically in order to be able to utilise assets over their expected service lives (they are current costs that cannot be avoided if the fixed assets are to continue to be used); maintenance and repairs do not change the fixed asset or its performance, but simply maintain it in good working order or restore it to its previous condition in the event of a breakdown (note the contrast between this item and “major renovations or enlargements”).


Major renovations or

enlargements (of fixed assets)

Major renovations or enlargements of fixed assets are activities which increase the performance or capacity of existing fixed assets or significantly extend their previously expected service lives; the decision to renovate, reconstruct or enlarge a fixed asset is a deliberate investment decision which may be undertaken at any time and is not dictated by the condition of the asset (note the contrast between this item and “maintenance and repairs”).

Margin (trade) A trade margin is the difference between the actual or imputed price realised on a good purchased for resale (either wholesale or retail) and the price that would have to be paid by the distributor to replace the good at the time it is sold or otherwise disposed of.

Margin (transport)

A transport margin consists of those transport charges paid separately by the purchaser in taking delivery of the goods at the required time and place.

Market output Market output is output that is sold at prices that are economically significant or otherwise disposed of on the market or intended for sale or disposal on the market.

Market prices Market prices for transactions are the amounts of money willing buyers pay to acquire something from willing sellers.

Mineral exploration

Mineral exploration consists of the value of expenditures on exploration for petroleum and natural gas and for non-petroleum deposits.

Mixed income Mixed income is the surplus or deficit accruing from production by unincorporated enterprises owned by households; it implicitly contains an element of remuneration for work done by the owner, or other members of the household, that cannot be separately identified from the return to the owner as entrepreneur but it excludes the operating surplus coming from owner-occupied dwellings.

Monetary gold

Monetary gold is gold owned by the monetary authorities or others subject to their effective control that is held as a financial asset and as a component of foreign reserves.

National income National income is the total value of the primary incomes receivable within an economy less the total of the primary incomes payable by resident units.

Net The term “net” is a common means of referring to values after deducting consumption of fixed capital (generally used as in “net capital stock” or “net domestic product”); it should be noted, however, that the term “net” can be used in different contexts in the national accounts, such as “net income from abroad” which is the difference between two income flows.

Net domestic product (NDP)

Net domestic product (NDP) is obtained by deducting the consumption of fixed capital from gross domestic product.


Net fixed capital formation.

Net fixed capital formation consists of gross fixed capital formation less consumption of fixed capital.

Net income from abroad

The difference between the total values of the primary incomes receivable from, and payable to, non-residents is often described as net income from abroad.

Net national income

The aggregate value of the balances of net primary incomes summed over all sectors is described as net national income.

Net saving Net saving is net disposable income less final consumption expenditure.

Net value added Net value added is the value of output less the values of both intermediate consumption and consumption of fixed capital.

Net worth Net worth is the value of all the non-financial and financial assets owned by an institutional unit or sector less the value of all its outstanding liabilities; it is a measure of the wealth of a unit or sector at a point in time.

Non-financial assets

Non-financial assets are entities, over which ownership rights are enforced by institutional units, individually or collectively, and from which economic benefits may be derived by their owners by holding them, or using them over a period of time, that consist of tangible assets, both produced and non-produced, and most intangible assets for which no corresponding liabilities are recorded.

Non-financial corporations

Non-financial corporations are corporations whose principal activity is the production of market goods or non-financial services.

Non-financial

quasi-corporations

Non-financial quasi-corporations are quasi-corporations whose principal activity is the production of market goods or non-financial services.

Non-life insurance premiums

Non-life insurance premiums comprise both the actual premiums payable by policyholders to obtain insurance cover during the accounting period (premiums earned) and the premium supplements payable out of the property income attributed to insurance policyholders, but excluding social contributions.

Non-market producers

Non-market producers are producers that provide most of their output to others free or at prices which are not economically significant.

Non-profit institutions

(NPIs)

Non-profit institutions (NPIs) are legal or social entities created for the purpose of producing goods and services whose status does not permit them to be a source of income, profit or other financial gain for the units that establish, control or finance them.



controlled and mainly financed by government

Non-profit institutions controlled and mainly financed by government are properly constituted legal entities which exist separately from government but which are financed mainly by government and over which government exercises control.

Non-profit institutions engaged in

market production

Non-profit institutions engaged in market production consist of those NPIs which charge fees determined by their costs of production and which are sufficiently high to have a significant influence on the demand for their services, but any surpluses such institutions make must be retained within those institutions as their status as “Non-profit institutions (NPIs)” prevents them from distributing them to others


engaged in non-market

production

Non-profit institutions engaged in non-market production are NPIs that are incapable of providing financial gain to the units which control or manage them, and which must rely principally on funds other than receipts from sales to cover their costs of production or other activities.


serving households

(NPISHs)

Non-profit institutions serving households (NPISHs) consist of NPIs which are not financed and controlled by government and which provide goods or services to households free or at prices that are not economically significant.

Non-residential buildings

Non-residential buildings are buildings other than dwellings, including fixtures, facilities and equipment that are integral parts of the structures and costs of site clearance and preparation.

Operating surplus

The operating surplus measures the surplus or deficit accruing from production before taking account of any interest, rent or similar charges payable on financial or tangible non-produced assets borrowed or rented by the enterprise, or any interest, rent or similar receipts receivable on financial or tangible non-produced assets owned by the enterprise; (note: for unincorporated enterprises owned by households, this component is called “mixed income”).

Output Output consists of those goods or services that are produced within an establishment that become available for use outside that establishment, plus any goods and services produced for own final use.

Perpetual inventory

method (PIM)

The perpetual inventory method (PIM) is a method of constructing estimates of capital stock and consumption of fixed capital from time series of gross fixed capital formation; it allows an estimate to be made of the stock of fixed assets in existence and in the hands of producers which is generally based on estimating how many of the fixed assets installed as a result of gross fixed capital formation undertaken in previous years have survived to the current period.


PPP (purchasing power parity)

A PPP (purchasing power parity) is a price relative which measures the number of units of country B’s currency that are needed in country B to purchase the same quantity of an individual good or service as 1 unit of country A’s currency will purchase in country A.

Primary incomes

Primary incomes are incomes that accrue to institutional units as a consequence of their involvement in processes of production or ownership of assets that may be needed for purposes of production.

Produced assets Produced assets are non-financial assets that have come into existence as outputs from processes that fall within the production boundary of the SNA.

Producer’s price The producer’s price is the amount receivable by the producer from the purchaser for a unit of a good or service produced as output minus any VAT, or similar deductible tax, invoiced to the purchaser; it excludes any transport charges invoiced separately by the producer.

Production roduction is an activity, carried out under the responsibility, control and management of an institutional unit, that uses inputs of labour, capital and goods and services to produce outputs of other goods and services.

Production account

The production account records the activity of producing goods and services as defined within the SNA; its balancing item, gross value added, is a measure of the contribution to GDP made by an individual producer, industry or sector.

Production boundary

The production boundary includes all production actually destined for the market, whether for sale or barter, all goods or services provided free to individual households or collectively to the community by government units or NPISHs, all goods produced for own final use, own-account production of housing services by owner occupiers and services produced by employing paid domestic staff.

Property income Property income is the income receivable by the owner of a financial asset or a tangible non-produced asset in return for providing funds to or putting the tangible non-produced asset at the disposal of, another institutional unit; it consists of interest, the distributed income of corporations (ie, dividends and withdrawals from income of quasi-corporations), reinvested earnings on direct foreign investment, property income attributed to insurance policy holders, and rent.

Property income attributed to insurance

policyholders

The property income attributed to insurance policyholders is the investment income receivable by insurance enterprises on insurance technical reserves; it is shown in the accounts as being paid by the insurance enterprises to the insurance policyholders because the technical reserves are assets of the policyholders.


Purchaser’s price

The purchaser’s price is the amount paid by the purchaser, excluding any deductible VAT or similar deductible tax, in order to take delivery of a unit of a good or service at the time and place required by the purchaser; the purchaser’s price of a good includes any transport charges paid separately by the purchaser to take delivery at the required time and place.

Quasi-corporations

Quasi-corporations are unincorporated enterprises that function as if they were corporations, and which have complete sets of accounts, including balance sheets.

Reference rate (of interest)

The reference rate (of interest) is the pure cost of borrowing funds (i.e. a rate from which the risk premium has been eliminated to the greatest extent possible and which does not include any intermediation services).

Reinvested earnings on

direct foreign investment

Reinvested earnings on direct foreign investment consist of the retained earnings of a direct foreign investment enterprise and which are treated as if they were distributed and remitted to foreign direct investors in proportion to their ownership of the equity of the enterprise and then reinvested by them in the enterprise.

Rent Rent is the sum of rents on land and rents on subsoil assets.

Research and development

Research and development by a market producer is an activity undertaken for the purpose of discovering or developing new products, including improved versions or qualities of existing products, or discovering or developing new or more efficient processes of production.

SAM (social accounting

matrix)

A SAM (social accounting matrix) is a means of presenting the SNA accounts in a matrix which elaborates the linkages between a supply and use table and institutional sector accounts; a typical focus of a SAM on the role of people in the economy may be reflected by, among other things, extra breakdowns of the household sector and a disaggregated representation of labour markets (i.e., distinguishing various categories of employed persons).

Satellite accounts

Satellite accounts provide a framework linked to the central accounts and which enables attention to be focussed on a certain field or aspect of economic and social life in the context of national accounts; common examples are satellite accounts for the environment, or tourism, or unpaid household work.

Saving Saving is disposable income less final consumption expenditure (or adjusted disposable income less actual final consumption, after taking account of an adjustment for pension funds); saving is an important aggregate which can be calculated for each institutional sector.


Services Services are outputs produced to order and typically consist of changes in the conditions of the consuming units realised by the activities of producers at the demand of the consumers; by the time their production is completed they must have been provided to the consumers.

Single indicator method of deflation

A single indicator method of deflation is a means of estimating the volume movements of value added directly using only one time series instead of double deflation.

SNA (System of National

Accounts)

The System of National Accounts (SNA) consists of a coherent, consistent and integrated set of macroeconomic accounts, balance sheets and tables based on a set of internationally agreed concepts, definitions, classifications and accounting rules.

Stocks Stocks are a position in, or holdings of, assets and liabilities at a point in time and the System records stocks in accounts, usually referred to as balance sheets, and tables at the beginning and end of the accounting period; stocks result from the accumulation of prior transactions and other flows, and they are changed by transactions and other flows in the period (note that stocks of goods are referred to as “inventories” in the System).

Straight-line depreciation

Straight-line depreciation is a depreciation profile based on a constant annual amount of capital consumption over the life of the asset.

Subsidies Subsidies are current unrequited payments that government units, including non-resident government units, make to enterprises on the basis of the levels of their production activities or the quantities or values of the goods or services which they produce, sell or import.

Subsidies on

losses of government

trading organisations

Subsidies on losses of government trading organisations consist of the losses incurred by government trading organisations whose function is to buy and sell the products of resident enterprises; when such organisations incur losses as a matter of deliberate government economic or social policy by selling at lower prices than those at which they purchased the goods, the difference between the purchase and the selling prices should be treated as a subsidy.

Tangible fixed assets

Tangible fixed assets are non-financial produced assets that consist of dwellings; other buildings and structures; machinery and equipment and cultivated assets.

Tangible non-produced assets

Tangible non-produced assets are natural assets - land, subsoil assets, non-cultivated biological resources and water resources - over which ownership may be established and transferred

Total economy The total economy consists of all the institutional units which are resident in the economic territory of a country.


Trade margin A trade margin is the difference between the actual or imputed price realised on a good purchased for resale (either wholesale or retail) and the price that would have to be paid by the distributor to replace the good at the time it is sold or otherwise disposed of.

Unit value index A unit value index is a “price” index which measures the change in the average value of units that are not homogeneous and which may therefore be affected by changes in the mix of items as well as by changes in their prices.

Valuables Valuables are produced assets that are not used primarily for production or consumption, that are expected to appreciate or at least not to decline in real value, that do not deteriorate over time under normal conditions and that are acquired and held primarily as stores of value.

Volume index A volume index (also called a “quantity index”) is most commonly presented as an average of the proportionate changes in the quantities of a specified set of goods or services between two periods of time; volume indices may also compare the relative levels of activity in different countries (eg, those calculated using PPPs).

Wages and salaries

Wages and salaries consist of the sum of wages and salaries in cash and wages and salaries in kind.

Wages and salaries in cash

Wages and salaries in cash consist of wages or salaries payable at regular weekly, monthly or other intervals, including payments by results and piecework payments; plus allowances such as those for working overtime; plus amounts paid to employees away from work for on holiday; plus ad hoc bonuses and similar payments; plus commissions, gratuities and tips received by employees.

Wages and

salaries in kind

Wages and salaries in kind consist of remuneration in the form of goods and/or services that are not necessary for work and can be used by employees in their own time, and at their own discretion, for the satisfaction of their own needs or wants or those of other members of their households.

Work-in-progress - inventories

Inventories of work-in-progress consist of goods and services that are partially completed but that are not usually turned over to other units without further processing or that are not mature and whose production process will be continued in a subsequent period by the same producer.

Work-in-

progress on cultivated assets -

inventories

Inventories of work-in-progress on cultivated assets consist of livestock raised for products yielded only on slaughter, including fowl and fish raised commercially, trees and other vegetation yielding once-only products on destruction and immature cultivated assets yielding repeat products.


GLOSSARY OF TERMS

AIDIS All India Debt and Investment Survey

ASI Annual Survey of Industries

CBRI Central Building Research Institute

CCS Cost of Cultivation Studies

CFC Consumption of Fixed Capital

CIS Change in Stocks

CPI Consumer Price Index

CPI (AL) CPI (Agricultural Labourers)

CPI (IW) CPI (Industrial Workers)

CPI (UNME) CPI (Urban Non-Manual Employees)

CSO Central Statistics Office

DCU/DE Departmental Commercial Undertaking/Departmental Enterprises EUS Employment and Unemployment Survey

FISIM Financial Intermediation Services Indirectly Measured

GCF Gross Capital Formation

GDP Gross Domestic Product

GFCE Government Final Consumption Expenditure

GFCF Gross Fixed Capital Formation

GG General Government

GVO Gross Value of Output

HS Harmonised System of Classification of Commodities and Codes ICFRE Indian Council for Forest Research Education

IMF International Monetary Fund

IOT Input Output Tables

LI Labour Input

MCA Ministry of Corporate Affairs

MF Mutual Funds

NABARD National Bank for Agriculture and Rural Development

NAS National Accounts Statistics

NASSCOM National Association of Software and Service Companies

NDCU/NDE Non-Departmental Commercial Undertaking/Non- Departmental Enterprise


NDP Net Domestic Product

NFCS Net Fixed Capital Stock

NGNBFC Non-Government Non-Banking Financial Companies

NIC National Industrial Classification

NNI Net National Income

NPCMS National Product Classification for Manufacturing Sector

NPI Non-Profit Institutions

NRCM National Research Centre on Meat

NSS National Sample Survey

NSSO National Sample Survey Office

NVA Net Value Added

OECD Organisation for Economic Cooperation and Development

PFCE Private Final Consumption Expenditure

PIM Perpetual Inventory Method

RBI Reserve Bank of India

NRB & OCW Non-Residential Buildings and Other Construction Works

ROW Rest of the World

RRB Rural Residential Buildings

SNA System of National Accounts

TTM Trade and Transport Margins

UTI Unit Trust of India

VAPW Value Added Per Worker

VAPEW Value Added Per Effective Worker

WPI Wholesale Price Index

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