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== Economy == {{Main|Economy of Delhi}} {{multiple image | align = left | perrow = 2 | total_width = 400 | caption_align = center | image1 = Dry fruits being sold at Khari Baoli market in Old Delhi.jpg | caption1 = The [[Khari Baoli]] market in Old Delhi is one of the oldest and busiest in the city. | image2 = Connaught Place New Delhi.jpg | caption2 = [[Connaught Place, New Delhi|Connaught Place]] in New Delhi is an important economic hub of the [[National Capital Region (India)|National Capital Region]]. }} 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 ([[Purchasing power parity|PPP]] [[Gross metropolitan product|metro GDP]]) ranking it either the [[List of cities by GDP|most or second-most productive metro area]] of India.<ref name=gdp>*{{cite web|url=https://timesofindia.indiatimes.com/city/mumbai/delhi-not-mumbai-indias-economic-capital/articleshow/55655582.cms|title=Delhi, not Mumbai, India's economic capital|work=[[The Times of India]]|author=Clara Lewis|date=28 November 2016|access-date=11 September 2023}} *{{Cite web |date=3 June 2017 |title=Mumbai 17th in global GDP list, says survey |url=https://indianexpress.com/article/cities/mumbai/mumbai-17th-in-global-gdp-list-says-survey-4686508/ |access-date=16 September 2021 |website=The Indian Express |language=en |archive-date=20 October 2021 |archive-url=https://web.archive.org/web/20211020011629/https://indianexpress.com/article/cities/mumbai/mumbai-17th-in-global-gdp-list-says-survey-4686508/ |url-status=live }} * {{cite web|title=Global city GDP 2014|url=https://www.brookings.edu/research/global-metro-monitor/|publisher=[[Brookings Institution]]|date=22 January 2015|access-date=4 March 2017|url-status=live|archive-url=https://web.archive.org/web/20170525113815/https://www.brookings.edu/research/global-metro-monitor/|archive-date=25 May 2017}} * {{cite web|title=Global city GDP rankings 2008β2025|url=https://www.ukmediacentre.pwc.com/imagelibrary/downloadMedia.ashx?MediaDetailsID=1562|publisher=[[Pricewaterhouse Coopers|PwC]]|access-date=16 December 2009|archive-url=https://web.archive.org/web/20110504031739/https://www.ukmediacentre.pwc.com/imagelibrary/downloadMedia.ashx?MediaDetailsID=1562|archive-date=4 May 2011}} * {{cite web|url=https://foreignpolicy.com/articles/2012/08/13/the_most_dynamic_cities_of_2025|title=The Most Dynamic Cities of 2025|work=Foreign Policy|access-date=24 August 2012|archive-url=https://web.archive.org/web/20120828041241/https://www.foreignpolicy.com/articles/2012/08/13/the_most_dynamic_cities_of_2025|archive-date=28 August 2012|url-status=live}}</ref><ref name=metrogdp>{{cite web|url=https://www.businessinsider.in/mumbai-is-no-more-the-financial-capital-of-india/articleshow/55667112.cms|title=Mumbai is no more the financial capital of India|publisher=Business Insider India|date=28 November 2016|access-date=13 August 2020|archive-date=12 November 2020|archive-url=https://web.archive.org/web/20201112000305/https://www.businessinsider.in/Mumbai-is-no-more-the-financial-capital-of-India/articleshow/55667112.cms|url-status=live}}</ref> The nominal [[List of Indian states and union territories by GDP|GSDP]] of the NCT of Delhi for 2016β17 was estimated at {{INRConvert|6224|b}}, 13% higher than in 2015β16.<ref name="Budget Analysis">{{cite web|title=Delhi Budget Analysis 2017β18|url=https://www.prsindia.org/uploads/media/State%20Budget%202017-18/Delhi%20Budget%20Analysis%202017-18.pdf|website=[[PRS Legislative Research]]|access-date=10 March 2017|date=8 March 2017|url-status=live|archive-url=https://web.archive.org/web/20170312041800/https://www.prsindia.org/uploads/media/State%20Budget%202017-18/Delhi%20Budget%20Analysis%202017-18.pdf|archive-date=12 March 2017}}</ref> 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 (2005β2006), the [[tertiary sector of industry|tertiary sector]] contributes 70.95% of Delhi's gross SDP followed by [[secondary sector of industry|secondary]] and [[primary sector of industry|primary]] sectors with 25.20% and 3.85% contributions, respectively.<ref name=ecosurv2>{{cite web|url=https://delhiplanning.nic.in/Economic%20Survey/ES%202005-06/Chpt/2.pdf|title=Chapter 2: State Income|work=Economic Survey of Delhi, 2005β06|publisher=Planning Department, Government of National Capital Territory of Delhi|pages=8β16|url-status=dead|archive-url=https://web.archive.org/web/20070614085129/https://delhiplanning.nic.in/Economic%20Survey/ES%202005-06/Chpt/2.pdf|archive-date=14 June 2007}}</ref> Delhi's workforce constitutes 32.82% of the population, and increased by 52.52% between 1991 and 2001.<ref name=ecosurv5>{{cite web|url=https://delhiplanning.nic.in/Economic%20Survey/ES%202005-06/Chpt/5.pdf|title=Chapter 5: Employment and Unemployment|work=Economic Survey of Delhi, 2005β06|publisher=Planning Department, Government of National Capital Territory of Delhi|pages=59β65|url-status=dead|archive-url=https://web.archive.org/web/20160215013210/https://delhiplanning.nic.in/Economic%20Survey/ES%202005-06/Chpt/5.pdf|archive-date=15 February 2016}}</ref> Delhi's unemployment rate decreased from 12.57% in 1999β2000 to 4.63% in 2003.<ref name=ecosurv5 /> In December 2004, 636,000 people were registered with various employment exchange programmes in Delhi.<ref name=ecosurv5 /> 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.<ref>{{cite web|url=https://delhiplanning.delhi.gov.in/sites/default/files/Planning/ch._21_employment_and_unemployment.pdf|title=Chapter 21: Employment and Unemployment|work=Economic Survey of Delhi, 2022-23|publisher=Planning Department, Government of National Capital Territory of Delhi|access-date=25 May 2023|archive-date=23 May 2023|archive-url=https://web.archive.org/web/20230523224251/https://delhiplanning.delhi.gov.in/sites/default/files/Planning/ch._21_employment_and_unemployment.pdf|url-status=live}}</ref> Key service industries are information technology, telecommunications, hotels, banking, media and tourism.<ref>{{cite web |url=https://www.mapsofindia.com/delhi/industries-in-delhi.html |title=Industries in Delhi |publisher=Mapsofindia.com |access-date=7 September 2009 |url-status=live |archive-url=https://web.archive.org/web/20120503223007/https://www.mapsofindia.com/delhi/industries-in-delhi.html |archive-date=3 May 2012 }}</ref> 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.<ref>{{cite news|url=https://economictimes.indiatimes.com/News/News_By_Industry/Services/Hotels__Restaurants/Delhi_Indias_hot_favourite_retail_destination/rssarticleshow/2983387.cms |title=Delhi hot favourite retail destination in India β Corporate Trends β News By Company -News |work=The Economic Times |access-date=3 November 2008 |url-status=dead |archive-url=https://web.archive.org/web/20131007010541/https://economictimes.indiatimes.com/News/News_By_Industry/Services/Hotels__Restaurants/Delhi_Indias_hot_favourite_retail_destination/rssarticleshow/2983387.cms |archive-date= 7 October 2013 }}</ref> 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.<ref name=ecosurv9>{{cite web|url=https://delhiplanning.nic.in/Economic%20Survey/ES%202005-06/Chpt/9.pdf|title=Chapter 9: Industrial Development|work=Economic Survey of Delhi, 2005β06|publisher=Planning Department, Government of National Capital Territory of Delhi|pages=94β107|url-status=dead|archive-url=https://web.archive.org/web/20070614085148/https://delhiplanning.nic.in/Economic%20Survey/ES%202005-06/Chpt/9.pdf|archive-date=14 June 2007}}</ref>
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