India | Economic Forecasts | 2015-2050 Outlook


Markets Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Currency 63.78 61 60 59 58 50 [+]
Government Bond 10Y 7.83 7.9 8.1 8 7.8 7.4 [+]
Stock Market 27459.23 24160 24000 25300 24700 29329 [+]
GDP Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
GDP 2066.90 2118 2175 2202 2228 2486 [+]
GDP Growth Rate 4.10 3.25 4.3 3.23 2.51 1.24 [+]
GDP Annual Growth Rate 7.50 7 7.27 7.41 7.28 6.8 [+]
GDP Constant Prices 28742.37 28782 30124 30821 31504 43791 [+]
Gross National Product 56738.60 58489 59064 59568 60072 70442 [+]
GDP per capita 1262.64 1426 1442 1493 1544 2374 [+]
Gross Fixed Capital Formation 8548.02 8606 8697 8834 8902 10652 [+]
GDP per capita PPP 5565.05 5719 5772 5825 5878 6947 [+]
GDP From Agriculture 4152.28 3884 3868 3872 3871 3871 [+]
GDP From Construction 2079.94 1905 1946 2032 1963 1917 [+]
GDP From Manufacturing 4796.95 4298 4125 4572 4531 4244 [+]
GDP From Mining 812.71 621 676 794 745 636 [+]
GDP From Public Administration 2970.41 2840 2961 2908 2945 2810 [+]
GDP From Utilities 557.67 545 540 537 534 521 [+]
Labour Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Unemployment Rate 4.90 4.9 4.8 4.9 4.7 5.4 [+]
Employed Persons 29650.00 29984 30215 30270 30326 34683 [+]
Unemployed Persons 44.79 44.47 45.47 45.6 45.73 51.82 [+]
Population 1238.89 1251 1255 1257 1259 1299 [+]
Retirement Age Women 60.00 60 60 60 60 60 [+]
Retirement Age Men 60.00 60 60 60 60 60 [+]
Labor Force Participation Rate 52.50 51.51 51.12 51.46 51.79 51.21 [+]
Wages 4.83 4.83 4.83 4.63 4.59 10 [+]
Wages In Manufacturing 6.25 6.25 6.25 6.03 5.99 12 [+]
Youth Unemployment Rate 12.90 [+]
Prices Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Inflation Rate 5.40 5.07 4.99 5.48 5.48 4.2 [+]
Consumer Price Index CPI 123.00 126 126 127 130 129 [+]
GDP Deflator 117.80 116 116 111 110 131 [+]
Producer Prices 178.60 181 181 181 182 189 [+]
Producer Prices Change -2.40 -0.27 0.11 0.34 1.35 2.35 [+]
Export Prices 312.00 327 335 340 346 437 [+]
Import Prices 518.00 550 572 566 560 570 [+]
Food Inflation 5.48 5.81 5.81 5.2 5.4 6.1 [+]
Inflation Rate Mom 0.75 0.4 0.59 1.2 0.9 0.59 [+]
Money Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Interest Rate 7.25 7.25 7.25 7 7 4.5 [+]
Interbank Rate 7.52 7.2 6.9 7.51 7.52 4.9 [+]
Money Supply M1 23629.21 24158 24652 25387 25768 35080 [+]
Money Supply M2 24096.18 24596 25153 26010 26380 36378 [+]
Money Supply M3 109479.37 108251 108381 108043 107694 100371 [+]
Central Bank Balance Sheet 13911.52 14066 14276 14494 14714 18546 [+]
Foreign Exchange Reserves 353330.00 354162 353662 353163 352665 367128 [+]
Loan Growth 9.40 10.37 10.17 10.37 10.13 10.14 [+]
Cash Reserve Ratio 4.00 4 4 3.75 3.75 2.75 [+]
Trade Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Balance of Trade -10830.00 -10328 -11172 -17112 -19200 -11421 [+]
Exports 22290.00 22314 24500 25000 26000 38179 [+]
Imports 33120.00 33035 35672 42112 45200 49600 [+]
Current Account -1285.52 -6095 -6463 -5503 -5173 -7872 [+]
Current Account to GDP -1.40 -1.44 -1.59 -1.4 -1.22 -1.42 [+]
External Debt 475813.00 495152 504221 513294 522293 517081 [+]
Terms of Trade 60.20 69.38 70.52 73.71 76.89 57.11 [+]
Foreign Direct Investment 3509.00 2390 2059 1876 1718 4291 [+]
Remittances 11303.87 12507 12836 12647 12839 17446 [+]
Tourist Arrivals 513000.00 506284 743844 643393 603520 663000 [+]
Gold Reserves 557.74 558 558 558 558 558 [+]
Crude Oil Production 776.00 774 774 774 774 774 [+]
Capital Flows -212.67 -83.39 -26.94 -37.72 -11.43 -6.14 [+]
Government Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Government Budget -4.50 -4.2 -3.9 -4.95 -4.94 -3.5 [+]
Government Debt to GDP 65.50 68.29 68.91 69.62 70.34 64.09 [+]
Government Budget Value -2086.24 -3048 -2458 -2406 -2251 -3932 [+]
Government Spending 2365.61 2552 2477 2635 2690 3643 [+]
Credit Rating 47.12 [+]
Government Revenues 270.48 [+]
Business Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Business Confidence 56.40 53.66 53.88 53.93 53.67 54.12 [+]
Manufacturing PMI 51.30 51.72 51.84 51.94 51.82 53.06 [+]
Services PMI 47.70 48.8 49.59 50.29 51.53 55.17 [+]
Industrial Production 2.70 3.82 2.5 4.65 4.98 7 [+]
Manufacturing Production 2.20 3.86 3.43 3.97 3.84 5.34 [+]
Changes in Inventories 442.84 395 365 367 368 381 [+]
Car Registrations 212847.00 221167 216859 218123 216892 219121 [+]
Car Production 208466.00 [+]
Competitiveness Index 4.20 4.2 4.2 4.22 4.2 5.2 [+]
Competitiveness Rank 71.00 71 71 66 66 64 [+]
Corruption Index 38.00 36.75 37 36.85 36.7 34.2 [+]
Corruption Rank 85.00 77 76 75 73 71.88 [+]
Ease of Doing Business 142.00 142 142 140 140 141 [+]
Industrial Production Mom 0.84 1.97 8.56 11.05 0.4 4.17 [+]
Mining Production 2.80 2.13 2.18 2.25 2.3 3.33 [+]
Consumer Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Consumer Confidence 130.00 116 117 116 117 120 [+]
Consumer Spending 15945.81 16223 17329 17315 17677 24249 [+]
Disposable Personal Income 127880080.00 139150009 142347300 148007742 153668184 200761852 [+]
Personal Savings 22124.14 23279 23638 24002 24366 33253 [+]
Bank Lending Rate 10.00 10.04 10.14 10.22 10.3 10.02 [+]
Gasoline Prices 1.05 1.04 1.04 1.04 1.04 1.02 [+]
Housing Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Construction Output 4.40 3.25 3.52 3.9 4.15 4.87 [+]
Housing Index 238.00 234 231 229 227 210 [+]
Taxes Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Corporate Tax Rate 34.61 34.34 32.7 34.64 34.74 30 [+]
Personal Income Tax Rate 33.99 33.16 33.16 33.01 32.86 33.99 [+]
Sales Tax Rate 12.36 12.37 12.37 12.37 12.37 12.36 [+]
Social Security Rate 24.00 24 24 24 24 24 [+]
Social Security Rate For Companies 12.00 12 12 12 12 12 [+]
Social Security Rate For Employees 12.00 12 12 12 12 12 [+]



Economic Forecasts for India including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the India economy. 7/28/2015