India | Economic Forecasts | 2016-2020 Outlook

Overview Actual Q2/16 Q3/16 Q4/16 Q1/17 2020
GDP Growth Rate 1.70 1.9 1.6 1.7 1.7 1.3 percent [+]
Unemployment Rate 4.90 4.7 5 4.8 4.8 4.6 percent [+]
Inflation Rate 5.76 5.94 6.2 6.4 6.1 3.8 percent [+]
Interest Rate 6.50 6.5 6.5 6.5 6.5 4.75 percent [+]
Balance of Trade -6272.90 -6700 -7500 -7760 -7800 -10115 USD Million [+]
Government Debt to GDP 67.20 67.87 68.01 68.15 68.69 77.11 percent [+]
MARKETS Actual Q2/16 Q3/16 Q4/16 Q1/17 2020
Currency 67.86 67.53 68.2 68.87 69.53 80.23 [+]
Stock Market 26398.00 26600 26300 26000 25800 21500 points [+]
Government Bond 10Y 7.48 7.56 7.64 7.71 7.79 8.99 percent [+]
GDP Actual Q2/16 Q3/16 Q4/16 Q1/17 2020
GDP Growth Rate 1.70 1.9 1.6 1.7 1.7 1.3 percent [+]
GDP Annual Growth Rate 7.90 7.4 7.2 7.1 7.2 5.7 percent [+]
GDP 2066.90 2090 2101 2152 2178 2627 USD Billion [+]
GDP Constant Prices 30120.29 30624 31724 32913 32913 48500 INR Billion [+]
Gross National Product 56738.60 57913 58489 59064 60457 69751 INR Billion [+]
Gross Fixed Capital Formation 8861.47 8407 8517 8607 8607 11007 INR Billion [+]
GDP per capita 1262.64 1410 1426 1442 1493 2374 USD [+]
GDP per capita PPP 5565.05 5679 5743 5808 5867 7092 USD [+]
GDP From Agriculture 4235.42 3271 3336 5623 4443 4135 IND Billion [+]
GDP From Construction 2285.27 2437 2216 2326 2390 2525 IND Billion [+]
GDP From Manufacturing 4908.33 4972 4944 4956 4951 4623 IND Billion [+]
GDP From Mining 913.43 913 913 913 913 725 IND Billion [+]
GDP From Public Administration 3249.99 3809 3503 3746 3613 4547 IND Billion [+]
GDP From Utilities 578.61 593 594 594 594 613 IND Billion [+]
LABOUR Actual Q2/16 Q3/16 Q4/16 Q1/17 2020
Unemployment Rate 4.90 4.7 5 4.8 4.8 4.6 percent [+]
Employed Persons 29650.00 29753 29984 30215 30370 32230 Thousand [+]
Unemployed Persons 44.79 43.51 44.52 45.53 45.62 51.75 Million [+]
Labor Force Participation Rate 52.50 51.9 51.51 51.12 51.46 55.32 percent [+]
Population 1254.02 1259 1260 1262 1264 1296 Million [+]
Retirement Age Women 60.00 60 60 60 60 60 [+]
Retirement Age Men 60.00 60 60 60 60 60 [+]
Living Wage Family 29900.00 29400 29400 29400 29400 29400 INR/Month [+]
Living Wage Individual 11700.00 11400 11400 11400 11400 11400 INR/Month [+]
Wages 272.19 280 285 289 293 356 INR/Day [+]
Wages High Skilled 50100.00 44382 44544 44540 44540 47499 INR/Month [+]
Wages In Manufacturing 347.30 353 357 362 362 425 INR/Day [+]
Wages Low Skilled 11400.00 8954 9710 9476 9548 13000 INR/Month [+]
Youth Unemployment Rate 12.90 15.5 15.5 15.5 15.5 13.5 percent [+]
PRICES Actual Q2/16 Q3/16 Q4/16 Q1/17 2020
Inflation Rate 5.76 5.94 6.2 6.4 6.1 3.8 percent [+]
Consumer Price Index CPI 128.60 130 133 133 133 158 Index Points [+]
GDP Deflator 119.50 121 123 123 123 134 Index Points [+]
Producer Prices 179.40 175 176 176 167 197 Index Points [+]
Producer Prices Change 0.91 0.85 0.9 1 1.1 2.9 percent [+]
Export Prices 300.00 316 318 320 322 323 Index Points [+]
Import Prices 518.00 506 493 481 491 476 Index Points [+]
Food Inflation 7.55 5 4.8 4.6 7.15 3.3 percent [+]
Cpi Transportation 112.70 111 111 112 110 119 Index Points [+]
Inflation Rate Mom 1.02 0.64 0.25 0.45 0.45 0.32 percent [+]
MONEY Actual Q2/16 Q3/16 Q4/16 Q1/17 2020
Interest Rate 6.50 6.5 6.5 6.5 6.5 4.75 percent [+]
Cash Reserve Ratio 4.00 4 4 4 4 4 percent [+]
Interbank Rate 6.81 7.27 7.27 7.27 7.27 5.5 percent [+]
Money Supply M1 26418.60 26073 28109 28956 29832 46987 INR Billion [+]
Money Supply M2 27026.36 28209 28572 29615 30824 49739 INR Billion [+]
Money Supply M3 119156.61 120033 123398 126994 130727 202080 INR Billion [+]
Foreign Exchange Reserves 363830.00 363854 367112 368656 369496 370497 USD Million [+]
Central Bank Balance Sheet 14953.10 16275 16495 16655 15859 19164 INR Billions [+]
Loan Growth 8.70 8.5 8.43 8.54 8.55 8.82 percent [+]
TRADE Actual Q2/16 Q3/16 Q4/16 Q1/17 2020
Balance of Trade -6272.90 -6700 -7500 -7760 -7800 -10115 USD Million [+]
Exports 22170.62 22300 22800 21400 22000 28850 USD Million [+]
Imports 28443.50 29000 30300 29160 29800 38965 USD Million [+]
Current Account -300.00 -6364 -6956 -6408 -6318 1457 USD Million [+]
Current Account to GDP -1.25 -1 -1 -1 -1 0.3 percent [+]
External Debt 480180.00 487322 496018 500951 505580 566739 USD Million [+]
Terms of Trade 57.90 66.59 69.43 72.28 73.58 76 Index Points [+]
Capital Flows 200.00 23.56 7.14 -44.97 -11.16 10.07 USD Million [+]
Foreign Direct Investment 2092.00 2669 1593 2441 2439 2439 USD Million [+]
Remittances 8472.83 8662 8842 8352 8619 8563 USD Million [+]
Tourist Arrivals 599000.00 529442 669846 724403 660612 762403 [+]
Gold Reserves 557.74 558 558 558 558 558 Tonnes [+]
Crude Oil Production 758.00 759 759 759 759 759 BBL/D/1K [+]
Terrorism Index 7.75 7.75 7.75 7.75 7.75 7.75 [+]
Weapons Sales 33.00 36.1 36.09 36.09 31.89 19.68 USD Million [+]
GOVERNMENT Actual Q2/16 Q3/16 Q4/16 Q1/17 2020
Government Debt to GDP 67.20 67.87 68.01 68.15 68.69 77.11 percent [+]
Government Budget -3.90 -3.4 -3.4 -3.4 -3.4 -1.5 percent of GDP [+]
Government Budget Value -1373.26 -2622 -4273 -3884 -3790 -1223 INR Billion [+]
Government Spending 2303.08 2816 2971 3135 2935 3517 INR Billion [+]
Government Revenues 220.75 1533 5530 5728 4169 4778 INR Billion [+]
Fiscal Expenditure 1619.85 4308 10617 9719 8229 8975 INR Billion [+]
Military Expenditure 51115.90 51932 51617 51302 51305 53020 USD Million [+]
BUSINESS Actual Q2/16 Q3/16 Q4/16 Q1/17 2020
Business Confidence 53.90 54.3 54.6 54.8 54.8 59 [+]
Manufacturing PMI 50.70 51.1 51.4 50.8 50.3 51.2 [+]
Services PMI 51.00 51.7 52.5 52.9 52.9 51.9 Index Points [+]
Industrial Production -0.80 3.42 2.64 3.12 3.12 1.52 percent [+]
Industrial Production Mom 7.37 1.15 1.39 3.27 3.03 0.87 percent [+]
Manufacturing Production -3.10 1.9 1.3 0.34 1.07 2.6 percent [+]
Changes in Inventories 554.48 538 533 533 524 511 INR Billion [+]
Car Production 201520.00 205936 219128 216760 217068 217078 Units [+]
Car Registrations 213036.00 217090 223704 221860 222314 222232 Cars [+]
Cement Production 24692.00 23612 22769 23819 23988 23668 Thousands of Tonnes [+]
Competitiveness Index 4.31 4.31 4.31 4.31 4.31 4.51 Points [+]
Competitiveness Rank 55.00 55 55 55 55 51 [+]
Corruption Index 38.00 38 38 38 38 42 Points [+]
Corruption Rank 76.00 76 76 76 76 72 [+]
Ease of Doing Business 130.00 130 130 130 130 126 [+]
Steel Production 8044.00 7977 7909 7959 7964 7957 Thousand Tonnes [+]
Mining Production -0.10 1.67 1.74 1.75 1.76 1.76 percent [+]
Mni Business Sentiment 61.80 62.9 63.1 63.4 61.68 64.7 [+]
CONSUMER Actual Q2/16 Q3/16 Q4/16 Q1/17 2020
Consumer Confidence 134.00 131 130 132 132 133 [+]
Consumer Spending 16668.88 16025 16176 16246 16446 17125 INR Billion [+]
Disposable Personal Income 138192890.00 144510980 146593119 148675258 151128304 231245296 INR Million [+]
Personal Savings 22124.14 22519 23179 23638 24002 33116 INR Billion [+]
Bank Lending Rate 9.70 9.7 9.6 9.6 9.6 7.5 percent [+]
Gasoline Prices 0.94 0.88 0.85 0.82 0.73 1.23 USD/Liter [+]
Households Debt To Gdp 10.10 10.34 10.44 10.57 10.67 11.19 percent of GDP [+]
Mni Consumer Sentiment 113.40 111 112 112 112 112 [+]
HOUSING Actual Q2/16 Q3/16 Q4/16 Q1/17 2020
Housing Index 238.00 243 244 247 247 264 Index Points [+]
Construction Output 8.50 6.9 5.7 4.7 7 3 percent [+]
TAXES Actual Q2/16 Q3/16 Q4/16 Q1/17 2020
Corporate Tax Rate 34.61 34.61 34.61 34.61 34.61 34.61 percent [+]
Personal Income Tax Rate 33.99 34 34 34 34 34 percent [+]
Sales Tax Rate 14.50 14.5 15 15 15 18 percent [+]
Social Security Rate 24.00 24 24 24 24 24 percent [+]
Social Security Rate For Companies 12.00 12 12 12 12 12 percent [+]
Social Security Rate For Employees 12.00 12 12 12 12 12 percent [+]





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. 6/26/2016