Gross District Value Added (GDVA) of the district in the fiscal year 2018-19 is estimated as ₹ 698.37 billion, and the growth in GDVA, compared to that in the previous year was 11.30%.
The district ranks third in the GDVA among the districts of Kerala, after Ernakulam and Thiruvananthapuram, as of 2018–19.
Net District Value Added (NDVA) of the district in 2018-19 was ₹ 631.90 billion and the annual growth rate of NDVA was 11.59%.
Per capita GDVA is estimated to be ₹ 154,463 in the fiscal year.
The growth rate of GDVA was 18.12% in 2017–18, 9.49% in 2016–17, 7.86% in 2015–16, 8.83% in 2014–15, 14.08% in 2013–14, and 9.70% in 2012–13.
It shows a zigzag trend.
The economy of Malappuram largely depends upon emigrants.
Malappuram has the highest number of emigrants in state.
According to 2016 economic review report published by Government of Kerala, every 54 per 100 households in the district are emigrant households.
Most of them work in Middle East.
They are major contributors to the district economy.
The headquarters of KGB is situated in Malappuram.
Gross District Value Added (GDVA) of the district in the fiscal year 2018-19 is estimated as ₹ 698.37 billion, and the growth in GDVA, compared to that in the previous year was 11.30%. The district ranks third in the GDVA among the districts of Kerala, after Ernakulam and Thiruvananthapuram, as of 2018–19. Net District Value Added (NDVA) of the district in 2018-19 was ₹ 631.90 billion and the annual growth rate of NDVA was 11.59%. Per capita GDVA is estimated to be ₹ 154,463 in the fiscal year. The growth rate of GDVA was 18.12% in 2017–18, 9.49% in 2016–17, 7.86% in 2015–16, 8.83% in 2014–15, 14.08% in 2013–14, and 9.70% in 2012–13. It shows a zigzag trend. The economy of Malappuram largely depends upon emigrants. Malappuram has the highest number of emigrants in state. According to 2016 economic review report published by Government of Kerala, every 54 per 100 households in the district are emigrant households. Most of them work in Middle East. They are major contributors to the district economy. The headquarters of KGB is situated in Malappuram.
Malappuram district