Historical Data
Provides historical State Income and GSDP data for long-term economic analysis and comparison.
Coverage of Statistics
The Historical GSDP Data of Himachal Pradesh provides a long-term statistical overview of the state’s economic performance. It captures changes in Gross State Domestic Product (GSDP) at both current and constant prices across multiple base years. This dataset is essential for understanding structural economic transformation, inflation impact, and real growth trends over time.
The series begins from 1970-71 and continues up to the latest available estimates (2025-26), reflecting key policy phases, sectoral expansion, and economic reforms in the state.
Time Coverage
1970-71 to 2025-26 (Multiple Base Years)
Two Price Series
Current Prices & Constant Prices
Purpose
Economic growth & real output analysis
Chart 1 — GSDP at Current Prices (Nominal Growth Trend)
This chart shows the overall increase in state income without adjusting inflation.
Source: Economics & Statistics Dept., HP
Chart 2 — GSDP at Constant Prices (Real Economic Growth)
This chart represents inflation-adjusted growth, showing actual economic output over time.
Source: Economics & Statistics Dept., HP
Chart 3 — Growth Rate Comparison (Economic Cycles)
This chart highlights expansion and contraction phases in the state economy including slowdown periods.
Source: Economics & Statistics Dept., HP
Key Analysis & Observations
- Long-term upward trend in GSDP reflects structural economic expansion.
- Constant price series shows real growth after inflation adjustment.
- Temporary decline observed during 2020-21 due to external shock.
- Post-2021 recovery indicates strong rebound in economic activity.
- Base year revisions ensure statistical consistency across decades.