The gross district domestic product (GDDP) is ₹45,963 crore (US$6.9 billion) and it contributes 8.8% to the gross state domestic product (GSDP). For the FY 2013-14, the per capita income at current prices was ₹86,974 (US$1,300).

Paddy, banana, sugarcane, and coconut are the main agricultural products cultivated in the district. The agriculture sector contributea ₹18,385 crore (US$2.7 billion), industries contribute ₹7,086 crore (US$1.1 billion), and services contribute ₹20,491 crore (US$3.1 billion) to GDDP.The major products contributing to the gross value added (GVA) of the district from agriculture and allied services are paddy, sugarcane, banana, coconut, milk, meat and fisheries. The GVA to the industrial and service sector is contributed from construction, electricity, manufacturing, unorganised trade, and transport.

Cashew nut, mango and tobacco are other important production from the district.Shrimp production is also a main activity along with pisciculture.The woolen pile carpet industry in Eluru produces eco-friendly carpets from wool that are exported.