The economy of the Indian state of Andhra Pradesh is primarily dependent on agriculture, which directly and indirectly employs 62% of the population. GSDP as per the first revised estimate, for the year 2023-24 is ₹15,40,000 crore. The state is ranked 1st in the country for the year 2021-22 in terms of the Gross State Domestic Product (GSDP) growth at constant prices with growth rate of 11.43%. The state GSDP is expected to grow at a rate of 17% for the year 2023-24.
The state achieved overall 4th rank in SDG India Report for the year 2020-21, with first rank in SDG-7 (affordable energy) & second rank in Goal-14 (Life below water).
The state has been ranked the best state in ease of doing business in the country for the year 2016 by the World Bank. The state is undertaking the construction of large scale infrastructure projects, the Andhra Pradesh state government is also approving various new infrastructure projects.
GSDP
GSDP at current prices for the year 2022-23 is estimated at ₹13,17,728 crore (Advance Estimates) against ₹11,33,837 crore (First Revised Estimates) for the previous year. Agriculture growth rate was 36.19%, Industry 23.36%, and Services 40.45%. The State posted a record growth of 7.02% at Constant Prices (2011–12) against the country’s growth of 7%.
In 2014–15, the state ranked eighth in GSDP at current prices, which stood at . It recorded 12.03% growth compared to previous fiscal which was . While, at constant prices, the GSDP of the state for 2014–15 was , compare to of 2013–14.
In 2012–13, the Gross State Domestic Product (GSDP) of residual state of Andhra Pradesh post bifurcation at constant prices stood at and the Gross State Domestic Product at current prices for the same fiscal year stood at . The per capita income of the state increased by 62.6% from (2004–05) to (2012-13).
In December 2025, the Government of Andhra Pradesh reported that the State recorded 11.28% growth in Q2 2025–26, exceeding the national GDP growth rate of 8.7%. The quarterly report noted broad-based gains across agriculture, industry and services, including 12.20% industrial growth supported by increases in mining and power generation. The administration also reported investment commitments exceeding ₹13 lakh crore, while stating that ongoing fiscal reforms were aimed at stabilising public finances following high levels of debt accumulated in previous years. The State’s per capita income reached ₹2,66,240, marginally above the national average.
Per capita income
The per capita income of Andhra Pradesh at current prices increased to ₹2,37,951 in 2023-24 against ₹2,19,917 in 2022-23.
The per capita income figure gives a better idea of the standard of living of the people. In 2019-20, the state is ranked eighteenth with ₹ 1,69,519 in terms of GDP per capita at current prices. It recorded a growth of 11.17% compared to previous fiscal which was ₹ 1,51,173.
Per capita Debt Based on CAG report, as of FY 2021-22, per capita debt inclusive of off-budget debt is at ₹92,797. This is based on budget debt of ₹3,72,503 crores, and off-budget debt of ₹1,18,393 crores.
Agriculture and livestock
Agriculture has been the main source of income and main occupation for the state with 60% of population engaged in agriculture and related activities. Rice is the major food crop and staple food of the state. Other important crops are sugarcane, cotton, mango, tobacco, Maize, pulses etc. Four important rivers of India, the Godavari, Krishna, Penna, and Tungabhadra flow through the state, providing irrigation. Recently, crops used for vegetable oil production such as sunflower and peanuts have gained favour. There are many multi-state irrigation projects in development, including Godavari River Basin Irrigation Projects and Nagarjuna Sagar Dam.
In the financial year 2023, Andhra Pradesh had a total of 1.64 million hectares of land under horticulture. Among these, fruits accounted for the largest share with 795 thousand hectares, followed by plantation crops, while aromatic and medicinal crops occupied the smallest area.
Andhra Pradesh was among the very few states in the country which went in for the Green Revolution in rice cultivation in the 1970s. Agricultural income in the state was at constant prices (2012–13).
Given below is a table of 2015 national output share of select agricultural crops and allied segments in Andhra Pradesh based on 2011 prices2015 agricultural output of Andhra Pradesh based on 2011 prices Segment National Share % Cocoa 70.7 Tobacco leaf & steam 47.6 Marine fish 40.9 Rajma 35.9 Ajwain 34.6 Chilli 34.6 Cow pea 27.7 Muskmelon 22.2 Urd 20.7 Banana 20.0 Lemon 18.5 Sericulture and Apiculture 18.0 Inland fish 15.4 Egg 15.0 Groundnut 13.0 Sapota 12.2 Cashew nut 12.1 Bitter gourd 11.9 Water melon 11.0 Parmal 10.6 Narcotics 10.2 Orange 9.6 Tomato 9.3 Mango 9.2 Meat 9.2 Condiments and spices 8.5 Sunflower 8.3 Moong 8.1 Pomegranate 7.9 Turmeric 7.9 Horsegram 7.7 Pulse 7.7 Cucumber 7.2 Paddy 7.2 Papaya 7.0 Carrot 6.8 Milk 6.7 Jowar 6.6 Mesta 6.4 Maize 6.3 Betel 6.1 Fruit and vegetable 6.1 Oilseed 6.1 Coconut 6.0 Bean 5.5 Kapas 5.2 Tamarind 5.2 Ber 5.1 Floriculture 5.0
Aquaculture
Aquaculture such as cultivating fish, crustaceans, molluscs, Shrimp production etc., are the major occupations of coastal areas. Andhra Pradesh is the largest producer of shrimp in the country, with 70% of the production from the state itself. The geographical location of the state allows marine fishing as well as inland fish production. Cyclones may do less damage to aquaculture than to crop production. Hence, farmers are getting attracted towards this industry. It grew from to . The Waterbase Limited is an aquaculture unit located at Nellore, it encourages scientific shrimp farming. Most exported marine exports include Vannamei shrimp.
Horticulture
Andhra Pradesh has made significant contributions to India's traditional Horticulture crops cultivation. Increased area and production under Horticultural crops has put Andhra Pradesh in a stronger position in terms of attracting investments from private sector.
Given that area and production of fruits and vegetables have been increasing steadily, Andhra Pradesh has the potential to increase its contribution towards the economy by way of exports There is a voluntary shift in the cropping pattern, as returns from Horticulture per unit of land are higher in comparison to Agriculture. The Horticulture is climate resilient, therefore assures higher income to farmers. Due to changing Socioeconomic profile and increasing middle class coupled with higher per capita income this sector has more potential as food habits are changing and people are becoming more health conscious.
The State has 17.48 Lakhs Ha. Under Horticulture crops with an annual production of 301.73 Lakhs metric tons. Horticulture sector contributes approximately 16.07% to the state GVA.
AREA and PRODUCTION:In Andhra Pradesh area under Horticulture crops is 17.48 lakhs Hectors with a production of 301.73 lakh MTs. Andhra Pradesh stands at 1st position in Chillies, Cocoa, Lime, Oil Palm, Papaya and Tomato, 2nd in Cashew, Mango and Sweet Orange in India. A.P. Ranks 1st in area and production of fruits and spices and 2nd in Micro Irrigation area coverage.
Fisheries
Andhra Pradesh Fisheries contribute 10% of total fish and shrimp production of India. Accordingly, the government is focussed on developing this huge industry on a large scale. The convenient geographical location of this South Indian state allows marine fishing as well as inland fish production in Andhra Pradesh.The Value of marine products exports from India in 1998 was Rs. 4710 Crores among which the state alone contributed products of Rs. 2000 Crores.This data in itself explains the importance of fisheries in Andhra Pradesh.
Andhra Pradesh constantly tries to increase fish seed production and stocking. For this they are using modern equipments like including the use of satellite data for forecasting movement of Fish shoals. Fishery Rights have been implemented and the government is trying to inspire the labourers to follow scientific fishing techniques that would be promote sustainable development and would be beneficial to all concerned. Issue of separate licenses for fisherman in inland waters and marine fishing crafts are in process.
By 2020, Andhra Pradesh wishes to be a major exporter and provider of highly nutritious food. The central coastal districts of the state have been concentrating on advanced methods of fish production and the farmers are getting encouraged to convert agricultural lands into fresh water fishponds to obtain better yields and also to make full use of fresh water.
Apart from fishing, Andhra Pradesh government is also hoping to develop economically in other ways. Accordingly, the fisheries are developing as sites for recreation amidst the scenic beauty. Activities like boat riding in lakes and reservoirs, establishment of Angling clubs, ornamental fish and aquariums and construction of marine parks are upcoming for additional income.
Livestock
In order to improve the productivity of the existing livestock, a massive programme of Breed Improvement through door step Artificial insemination is launched by Government of India under the scheme of NPCBB Restructuring of Breeding Operations.
Andhra Pradesh is one of the pioneer states which has taken up "Restructuring of Breeding Operations" by involving farmers organizations by establishing state level autonomous body. APLDA is formed in April 2000, to provide quality inputs and for channelizing inputs to the AI practitioners to take up doorstep AI on self-employment basis. It has taken up a gigantic task to expand AI facilities, to cover entire breedable population aiming at Productivity optimization. APLDA provides animal breeding services at farmer's doorstep, on cost recovery basis, covering total breedable population of 105.83 lakhs cattle and buffaloes belonging to 30 lakh farmers spread over 28245 revenue villages in the state. APLDA is an autonomous organization with specialized objectives.
Genesis APLDA was registered under AP Societies Registrations Act, 1350 Fasli with registration No: 7146 of 1999 dated: 13 October 1999. The government have appointed the chairman and executive committee (EC) members vide G.O Ms No: 85, dated: 2 August 1999. As per AP Reorganization Act 2014, APLDA has been included in Tenth Schedule and the executive committee and general body resolved for division into two separate entities with the names APLDA which started functioning separately since 2 June 2014. APLDA is now extending its operations in thirteen (13) Districts of A.P. State.
Objectives To expand Artificial Insemination to cover entire breedable population at farmer's doorstep aiming at productivity optimization through improved breeding and through a system of recycling of revenue, making it self-sustainable.
To channelize all the inputs needed to provide Artificial Insemination facility.
To regulate and ensure quality control of inputs and services rendered by the field workers.
Capacity building of personnel for effective management.
Functions Production and procurement of quality inputs like Frozen Semen, Liquid Nitrogen, equipment and their timely supply.
Crossbreeding of cattle, up-gradation of buffaloes, maintenance and development of indigenous Germplasm in breeding tracts and assessing the breeding needs.
Maintenance of quality Artificial Insemination services.
Standardizing methodology of AI and designing of training programmes.
Generation of self employment to unemployed rural youth as Gopalamitras.
Training and positioning of the AI Technicians.
Educating the farmers on breeding activities and reproductive management.
Applying the latest technologies & presenting the benefits of advanced research programmes at the doorstep of farmers.
Industries