Andhra Pradesh has “recovered fully” from the impact of Covid-19, leading to a 18.47 per cent increase in the Gross State Domestic Product (GSDP), the Socio-Economic Survey said.
The SES 2021-22 was presented to the state Legislature on Friday.
“The state economy has recovered fully from the adverse impact of Covid. The GSDP at current prices touched Rs 12,01,736 crore as per the advance estimates for the 2021-22 financial year. The economy showed a great comeback,” the SES said.
In 2020-21, the GSDP was Rs 10,14,374 crore.
At constant prices (2011-12), the GSDP grew at 11.43 per cent to Rs 6,70,321 crore.