Gujarat is one of the leading contributors to the Gross Domestic Product (GDP) of India. The state contributed 7.27% (USD 39.8 billion) to the GDP in the year 2004-05. The state has been witnessing robust industrial growth of around 15% for the last three years driven by entrepreneurial efforts as well as participation and assistance by the State Government.

The state GDP of Gujarat is dominated by the secondary and tertiary sector with a combined contribution of more than 80%. An outline of the three sectors has been provided below:

Services sector contributed 42.4% to the state's GDP in the year 2004-05.
Services included trade, hotels, transport, communication and financial services.
Agriculture sector in the state is well established with the availability of abundant natural resources, skilled labour force, enterprising farmers and the market network market. The sector accounted for around 18.5% of the state's GDP in the year 2004-05. Major food crops in the state are rice, wheat, jowar, bajra, maize, tur, gram, groundnut while major non food crops are cotton, tobacco and isabgul.