Nagaland Economic Survey 2025–26 projects the state economy to grow 10.33% in 2025–26, with rising Gross State Domestic Product and per capita income.
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KOHIMA — Nagaland’s economy is projected to grow by 10.33% in the fiscal year 2025–26, according to the Nagaland Economic Survey 2025–26 tabled in the state Assembly on March 9.
The advance estimates of Gross State Domestic Product (GSDP) project the state’s economy to grow by 10.33% at constant prices and 13.03% at current prices.
The survey pointed out that the difference between real and nominal GSDP growth indicates the presence of inflation in the economy.
However, the implied inflation rate of around 3% remains within the Reserve Bank of India’s targeted inflation band of 2–6%.
It added that the state’s economic growth rate in recent years has been higher than the national average, making Nagaland a net contributor to national economic growth.
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According to the survey, the size of the state economy in nominal terms is estimated to increase from INR 45,133 crore in 2024–25 (provisional estimate) to INR 51,014 crore in 2025–26 (advance estimate).
In real terms, the economy is projected to expand from INR 23,262 crore to INR 25,665 crore during the same period.
The tertiary sector remains the largest contributor to the state economy with an estimated 66.64% share in 2025–26, and is expected to grow by 5.59%.
The primary and secondary sectors are estimated to contribute 22.76% and 10.60%, respectively.
During the fiscal year, the secondary sector is expected to grow by 8.99%, while the primary sector is projected to grow by 2.6%.
In absolute terms, the per capita income of the state is projected to rise to INR 1,92,280 in 2025–26 (AE) from INR 1,75,374 in 2024–25 (PE).
Viksit Nagaland @2047
The survey also stated that the state government is currently drafting the Viksit Nagaland @2047 document, aimed at transforming Nagaland into a developed state by 2047 by leveraging its economic strengths and addressing existing challenges.
Over the past decade, the size of the state economy has increased from INR 19,524 crore in 2015–16 to INR 45,134 crore in 2024–25 (PE).
At an exchange rate of $1 = INR 90, the current size of the state economy is estimated at around $5 billion, while the per capita income stands at approximately $2,063 (INR 1,85,670) in 2024–25.
To achieve the Viksit Bharat @2047 vision, the survey stated that Nagaland’s economy will need to grow by 10% or more annually to raise per capita income to $15,000 or higher.
This would require the state economy to expand from the present $5 billion in 2024–25 to approximately $67.96 billion (about INR 6,11,671 crore) by 2047.