An average small trade business in Bihar adds ₹1,68,215 of value a year, 39% below the India average of ₹2,73,779. Bihar has 14.6 lakh such businesses, 6.41% of India's (rank 4).
Understanding the chart
The bar chart above shows small business earnings in Bihar: trade, with one bar for each of the 6 figures. Each bar is labelled with its exact value, and values are value. The longest bar is the highest. The bars are, in order: Bihar, combined at ₹1,68,215; Bihar, urban at ₹2,51,816; Bihar, rural at ₹1,40,968; India, combined at ₹2,73,779; Pay per hired worker, Bihar at ₹94,217; Pay per hired worker, India at ₹1,24,250. The data table below the chart lists every value, and you can download the data, embed the chart or share it from the buttons above. The figures cover 2023-24 and come from MoSPI, ASUSE 2023-24 full report, Appendix A Tables 5, 34 and 38 (October 2023 to September 2024).
Key insights
- Value added per small trade business in Bihar ranks 34th of 36 states and union territories.
- An urban trade business in Bihar adds 1.8 times as much value as a rural one (₹2,51,816 against ₹1,40,968 a year).
- Hired workers earn ₹94,217 a year on average, 24% lower than the India average for the sector.
Analysis
Overall, Bihar (₹1,68,215) is 39% lower than India (₹2,73,779), a gap of ₹1,05,564. Pay per hired worker in Bihar (₹94,217 a year) is 24% lower than India (₹1,24,250). In Bihar, one hired worker's yearly pay equals about 56% of the value an average business adds in a year. In Bihar, the urban figure is 79% higher than the rural one (₹2,51,816 against ₹1,40,968).
What it means
These figures help judge both opportunity and competition. Many small businesses in a sector or state signal steady local demand, but also crowded markets where price, location and service decide who wins customers. Higher value added per business suggests more room for profit and for paying workers. Owners typically use these benchmarks to set realistic sales targets and to check whether their own plan is in line with similar businesses.
Related figures
- Number of small businesses in Bihar by sector, 2023-24: 43.2 lakh (unincorporated non-farm businesses). Bihar has about 43.2 lakh small unincorporated businesses: 10.7 lakh in manufacturing, 14.6 lakh in trade and 17.9 lakh in other services.
- Small business earnings in Bihar: manufacturing, 2023-24: ₹1,29,390 (value added per business a year). An average small manufacturing business in Bihar adds ₹1,29,390 of value a year, 31% below the India average of ₹1,88,790.
- Small business earnings in Bihar: services, 2023-24: ₹1,82,108 (value added per business a year). An average small services business in Bihar adds ₹1,82,108 of value a year, 31% below the India average of ₹2,62,239.
About this statistic
These figures come from MoSPI's Annual Survey of Unincorporated Sector Enterprises (ASUSE) 2023-24, which covers proprietorships, partnerships and other unincorporated businesses outside farming and construction: the shops, workshops, food stalls and service businesses that make up most of India's enterprises. Value added is what a business produces minus what it spends on materials and other inputs, before paying workers, rent, interest and the owner.
The survey is the best official picture of India's small businesses: how many there are, where, in which activities, and what they earn. Small survey samples are flagged, and averages can hide wide variation between businesses.
Questions and answers
What do the figures show for small business earnings in Bihar: trade?
₹1,68,215 (value added per business a year). An average small trade business in Bihar adds ₹1,68,215 of value a year, 39% below the India average of ₹2,73,779. Bihar has 14.6 lakh such businesses, 6.41% of India's (rank 4).
How does Bihar compare?
Value added per small trade business in Bihar ranks 34th of 36 states and union territories. An urban trade business in Bihar adds 1.8 times as much value as a rural one (₹2,51,816 against ₹1,40,968 a year).
Where does this data come from?
From MoSPI, ASUSE 2023-24 full report, Appendix A Tables 5, 34 and 38 (October 2023 to September 2024), covering 2023-24. Value added is output minus inputs, before paying workers, rent, interest and the owner. India averages are weighted by the number of businesses in each state. Survey sample: 1,319 businesses.
Data
| Measure (₹ a year) | Value |
|---|---|
| Bihar, combined | ₹1,68,215 |
| Bihar, urban | ₹2,51,816 |
| Bihar, rural | ₹1,40,968 |
| India, combined | ₹2,73,779 |
| Pay per hired worker, Bihar | ₹94,217 |
| Pay per hired worker, India | ₹1,24,250 |
Source and notes
Source: MoSPI, ASUSE 2023-24 full report, Appendix A Tables 5, 34 and 38 (October 2023 to September 2024). Period: 2023-24. Coverage: Bihar.
Value added is output minus inputs, before paying workers, rent, interest and the owner. India averages are weighted by the number of businesses in each state. Survey sample: 1,319 businesses.
Cite this statistic
Please also credit the original source: MoSPI, ASUSE 2023-24 full report, Appendix A Tables 5, 34 and 38 (October 2023 to September 2024).Related statistics
- Number of small businesses in Bihar by sector, 2023-24
- Small business earnings in Bihar: manufacturing, 2023-24
- Small business earnings in Bihar: services, 2023-24
- Number of small businesses by state in India, 2023-24
- Number of small businesses in Karnataka by sector, 2023-24
- Number of small businesses in Nagaland by sector, 2023-24
- Number of small businesses in Uttarakhand by sector, 2023-24
- Paper products in India: number of small businesses and earnings, 2023-24
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