structural:expansion
Economy

Bihar's gross state domestic product (GSDP) for the fiscal year (FY) 2013–14 was around ₹ 3,683.37 billion. By sectors, its composition is 22% agriculture, 5% industry and 73% services. Bihar has the fastest-growing state economy in terms of GSDP, with a growth rate of 17.06% in FY 2014–15. The economy of Bihar was projected to grow at a compound annual growth rate (CAGR) of 13.4% during 2012–2017 (the 12th Five-Year Plan). Bihar has experienced strong growth in per capita net state domestic product (NSDP). At current prices, per capita NSDP of the state grew at a CAGR of 12.91% from 2004 to 2005 to 2014–15. Bihar's per capita income went up by 40.6% in FY 2014–15. The state's debt was estimated at 77% of GDP by 2007.