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 1.8 1.3 percent [+]
Unemployment Rate 4.90 4.7 5 4.8 4.8 4.6 percent [+]
Inflation Rate 4.83 5.05 4.87 4.64 4.21 3.8 percent [+]
Interest Rate 6.50 6.5 6.5 6.5 6.5 4.75 percent [+]
Balance of Trade -5070.00 -19200 -19000 -8278 -8326 -10115 USD Million [+]
Government Debt to GDP 66.10 66.61 66.67 66.74 66.89 65.67 percent [+]
MARKETS Actual Q2/16 Q3/16 Q4/16 Q1/17 2020
Currency 66.55 67.47 68.13 68.8 69.46 39.69 [+]
Stock Market 25241.00 25300 24500 23800 23200 32300 points [+]
Government Bond 10Y 7.43 7.62 7.84 8.22 8.59 11.21 percent [+]
GDP Actual Q2/16 Q3/16 Q4/16 Q1/17 2020
GDP Growth Rate 1.70 1.9 1.6 1.7 1.8 1.3 percent [+]
GDP Annual Growth Rate 7.30 7.2 7.2 7.1 7.1 5.7 percent [+]
GDP 2066.90 2090 2101 2152 2178 2627 USD Billion [+]
GDP Constant Prices 28523.39 30624 31724 32913 3314 48500 INR Billion [+]
Gross National Product 56738.60 57913 58489 59064 60457 69751 INR Billion [+]
Gross Fixed Capital Formation 8672.29 8407 8517 8607 8111 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 5131.90 3271 2960 4998 4071 4135 IND Billion [+]
GDP From Construction 2213.23 2220 2054 2134 2060 2525 IND Billion [+]
GDP From Manufacturing 4337.69 5020 4921 4522 4436 4623 IND Billion [+]
GDP From Mining 763.35 745 652 757 839 725 IND Billion [+]
GDP From Public Administration 3486.38 3364 3400 3321 3323 3066 IND Billion [+]
GDP From Utilities 576.08 628 599 603 610 613 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 [+]
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 347.30 353 357 362 366 425 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 4.83 5.05 4.87 4.64 4.21 3.8 percent [+]
Consumer Price Index CPI 126.00 129 131 133 135 158 Index Points [+]
GDP Deflator 119.50 121 123 123 125 134 Index Points [+]
Producer Prices 174.60 175 176 176 167 197 Index Points [+]
Producer Prices Change -0.13 -0.5 -0.3 0.2 0 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 5.20 5 4.8 4.6 4.9 3.3 percent [+]
Cpi Transportation 110.90 111 111 112 112 124 Index Points [+]
Inflation Rate Mom 0.08 0.64 0.25 0.45 0.39 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 7.27 7.27 7.27 7.27 7.27 5.5 percent [+]
Money Supply M1 25483.59 26073 26253 26809 27390 35224 INR Billion [+]
Money Supply M2 26070.35 26475 26866 27470 28117 36505 INR Billion [+]
Money Supply M3 119997.74 120586 124580 128598 132716 212680 INR Billion [+]
Foreign Exchange Reserves 361600.00 364848 368144 369763 370643 371687 USD Million [+]
Central Bank Balance Sheet 16109.39 16275 16495 16655 16617 20415 INR Billions [+]
Loan Growth 10.40 8.5 10.54 10.53 10.53 8.82 percent [+]
TRADE Actual Q2/16 Q3/16 Q4/16 Q1/17 2020
Balance of Trade -5070.00 -19200 -19000 -8278 -8326 -10115 USD Million [+]
Exports 22718.69 26000 26500 21552 22015 28847 USD Million [+]
Imports 27789.56 45200 45500 27427 27427 38963 USD Million [+]
Current Account -7100.00 -6364 -6956 -6408 -6318 1457 USD Million [+]
Current Account to GDP -1.40 -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 17.92 5.17 0.7 -0.21 3.83 4.92 USD Million [+]
Foreign Direct Investment 2473.00 3536 1593 3376 3401 3396 USD Million [+]
Remittances 8468.59 8038 8715 8538 8573 8794 USD Million [+]
Tourist Arrivals 847000.00 631341 678039 721100 698791 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 [+]
GOVERNMENT Actual Q2/16 Q3/16 Q4/16 Q1/17 2020
Government Debt to GDP 66.10 66.61 66.67 66.74 66.89 65.67 percent [+]
Government Budget -3.90 -3.4 -3.4 -3.4 -3.4 -1.5 percent of GDP [+]
Government Budget Value -5728.72 -4174 -4365 -4419 -4386 -1223 INR Billion [+]
Government Spending 2740.71 2816 2971 3135 3205 3517 INR Billion [+]
Government Revenues 9470.50 3435 4901 5569 4952 5066 INR Billion [+]
Fiscal Expenditure 15558.73 7761 9587 10122 9515 9660 INR Billion [+]
BUSINESS Actual Q2/16 Q3/16 Q4/16 Q1/17 2020
Business Confidence 53.90 54.3 54.6 54.8 55 59 [+]
Services PMI 53.70 52.7 52.5 52.9 52.9 51.9 Index Points [+]
Manufacturing PMI 50.50 51.1 51.4 50.8 50.3 51.2 [+]
Industrial Production 2.00 3.42 2.64 3.12 3.04 1.52 percent [+]
Industrial Production Mom -0.97 1.15 1.39 2.94 2.71 0.87 percent [+]
Manufacturing Production 0.70 1.9 1.3 0.64 1.41 2.6 percent [+]
Changes in Inventories 489.07 506 494 505 499 503 INR Billion [+]
Car Production 230334.00 221263 222346 222157 222167 222174 Units [+]
Car Registrations 225655.00 229927 225530 227126 225624 266598 Cars [+]
Cement Production 25495.00 24431 23155 23981 24377 24004 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 [+]
Mining Production 5.00 3.35 3.49 3.48 3.25 3.48 percent [+]
Mni Business Sentiment 62.70 62.9 63.1 63.4 63.2 64.7 [+]
Steel Production 8059.00 7644 7566 7632 7639 7630 Thousand Tonnes [+]
CONSUMER Actual Q2/16 Q3/16 Q4/16 Q1/17 2020
Consumer Confidence 131.00 131 130 132 133 133 [+]
Consumer Spending 15915.08 16025 16176 16246 16316 20239 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 9.70 9.9 9.96 10.01 10.05 10.26 percent of GDP [+]
Mni Consumer Sentiment 111.20 111 112 112 113 115 [+]
HOUSING Actual Q2/16 Q3/16 Q4/16 Q1/17 2020
Housing Index 238.00 243 244 247 247 264 Index Points [+]
Construction Output 6.40 5.56 5.55 5.38 5.42 2.45 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. 5/5/2016