section_path: Economy
section_name: Economy
paragraph_text: Economy
  
  Delhi is the largest commercial center in northern India. As of 2016 recent estimates of the economy of the Delhi urban area have ranged from $370 billion to $400 billion (PPP metro GDP) ranking it either the most or second-most productive metro area of India. The nominal GSDP of the NCT of Delhi for 2016–17 was estimated at ₹ 6,224 billion (US$75 billion), 13% higher than in 2015–16. Oxford Economics Global Cities index 2024 ranked Delhi as best city in India and 108th best city in the world in Economics Category.
  
  As per the Economic survey of Delhi (2005–2006), the tertiary sector contributes 70.95% of Delhi's gross SDP followed by secondary and primary sectors with 25.20% and 3.85% contributions, respectively. Delhi's workforce constitutes 32.82% of the population, and increased by 52.52% between 1991 and 2001. Delhi's unemployment rate decreased from 12.57% in 1999–2000 to 4.63% in 2003. In December 2004, 636,000 people were registered with various employment exchange programmes in Delhi.
  
  In 2018 the total workforce in national and state governments and the quasi-government sector was 594,000, and the private sector employed 273,000. Key service industries are information technology, telecommunications, hotels, banking, media and tourism. Construction, power, health and community services and real estate are also important to the city's economy. Delhi has one of India's largest and fastest growing retail industries. Manufacturing also grew considerably as consumer goods companies established manufacturing units and headquarters in the city. Delhi's large consumer market and the availability of skilled labour has also attracted foreign investment. In 2001, the manufacturing sector employed 1,440,000 workers and the city had 129,000 industrial units.