Goa's GDP recorded an impressive growth of 8.84 per cent between 1999-2000 and 2005-06, to reach US$ 2.41 billion. A global tourist attraction, Goa witnessed a tourist inflow of the magnitude of 2.4 million in 2004-05 - over 300,000 international tourists and 2,100,000 domestic ones.

The state is also emerging as a manufacturing base for several leading companies in areas like fertilisers, tyres and tubes, cement, electrical machinery, fish net making machines, automatic washing machines, printed circuit boards, pharmaceuticals, pharmaceutical machinery and so on.

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