This is a chart of trend of gross state domestic product of Kerala at market prices estimated by Ministry of Statistics and Programme Implementation with figures in millions of Indian Rupees. Kerala had recorded a growth rate of 6.49 per cent in 2013, which was above the national average (4.04) and the second highest among South Indian States. The state's growth rate was above that of Karnataka (5.79 per cent) and Andhra Pradesh (5.97 per cent). During the period between 1960 and 2020, Kerala's economy was gradually shifting from an agrarian economy into a service-based economy as shown below:
