States / Jammu and Kashmir
Jammu and Kashmir
Prices, jobs, growth and government finances for Jammu and Kashmir, with its rank among the states and union territories that report each figure (1 = highest).
| Jammu and Kashmir | Rank | |
|---|---|---|
| CPI inflation, Sep 2026 | 4.27% | 26 of 36 |
| Unemployment rate, 2025 | 4.9% | 13 of 36 |
| Real GSDP growth, 2024-25 | 6.1% | 28 of 30 |
| Fiscal deficit, % GSDP, 2024-25 | 3.4% | 14 of 25 |
| Debt, % GSDP, end-March 2025 | 33.2% | 10 of 25 |
Consumer prices
CPI inflation: Jammu and Kashmir and all India
% change on a year earlier, as published; dashed line = RBI's 4% target
Jobs
| %, usual status, 15+ | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Unemployment rate | 4.7 | 4.9 | 5.6 | 4.9 |
| Labour force participation | 61.7 | 64.7 | 65.0 | 64.9 |
PLFS annual, calendar years. Small states have small samples, so rates move a lot from year to year.
Growth
| Real GSDP growth, % | 2020-21 | 2021-22 | 2022-23 | 2023-24 | 2024-25 | 2025-26 |
|---|---|---|---|---|---|---|
| Jammu and Kashmir | −1.3 | 2.7 | 6.3 | 8.9 | 6.1 | 5.8 |
Constant 2011-12 prices, MoSPI state domestic product.
Government finances
| % of GSDP | 2020-21 | 2021-22 | 2022-23 Accounts | 2023-24 Revised Estimates | 2024-25 Budget Estimates |
|---|---|---|---|---|---|
| Gross fiscal deficit | 6.4 | 5.9 | 2.3 | 6.0 | 3.4 |
| Outstanding liabilities (end-March) | 33.2 | 36.1 | 34.6 | 33.5 | 33.2 |
| Interest payments | 3.8 | 3.9 | 4.1 | 4.0 | 3.9 |
Site calculations from RBI's Handbook of Statistics on Indian States (GSDP on the 2011-12 base); minus = surplus. Recent years are Revised or Budget Estimates.