The Uttarakhand state is the second fastest growing state in India. Its gross state domestic product (GSDP) (at constant prices) more than doubled from 24,786 crore in FY2005 to 60,898 crore in FY2012. The real GSDP grew at 13.7% (CAGR) during the FY2005–FY2012 period. The contribution of the service sector to the GSDP of Uttarakhand was just over 50% during FY 2012. Per capita income in Uttarakhand is 198738 (FY 2018–19), which is higher than the national average of 126406 (FY 2018–19). According to the Reserve Bank of India, the total foreign direct investment in the state from April 2000 to October 2009 amounted to US$46.7 million.