IndiaTrackerStates / Maharashtra
Maharashtra
Prices, jobs, growth and government finances for Maharashtra, with its rank among the states and union territories that report each figure (1 = highest).
| Maharashtra | Rank | |
|---|---|---|
| CPI inflation, Sep 2026 | 5.18% | 16 of 36 |
| Unemployment rate, 2025 | 2.4% | 30 of 36 |
| Real GSDP growth, 2024-25 | 7.3% | 14 of 30 |
| Fiscal deficit, % GSDP, 2024-25 | 2.4% | 22 of 25 |
| Debt, % GSDP, end-March 2025 | 17.9% | 23 of 25 |
Consumer prices
CPI inflation: Maharashtra 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 | 3.4 | 3.1 | 2.9 | 2.4 |
| Labour force participation | 58.2 | 59.5 | 59.3 | 59.5 |
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 |
|---|---|---|---|---|---|---|
| Maharashtra | −9.5 | 11.2 | 11.0 | 8.9 | 7.3 | 7.9 |
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 | 2.7 | 2.1 | 1.9 | 2.8 | 2.4 |
| Outstanding liabilities (end-March) | 21.0 | 19.3 | 18.2 | 18.3 | 17.9 |
| Interest payments | 1.4 | 1.3 | 1.1 | 1.2 | 1.3 |
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.