India | Economic Forecasts | 2016-2020 Outlook

Overview Actual Q3/16 Q4/16 Q1/17 Q2/17 2020
GDP Growth Rate 2.10 1.7 1.8 1.7 1.6 1.3 percent [+]
Unemployment Rate 4.90 5 4.8 4.8 4.8 4.6 percent [+]
Inflation Rate 5.77 6.2 6.4 6.1 6.2 4.8 percent [+]
Interest Rate 6.50 6.5 6.5 6.5 6.5 4.75 percent [+]
Balance of Trade -8116.20 -6500 -6800 -7800 -7700 -10100 USD Million [+]
Government Debt to GDP 67.20 67 67 67 67 70 percent [+]
MARKETS Actual Q3/16 Q4/16 Q1/17 Q2/17 2020
Currency 67.40 68.2 68.87 69.53 69.53 80.23 [+]
Stock Market 28095.00 26300 26000 25800 25800 21500 points [+]
Government Bond 10Y 7.25 7.64 7.71 7.79 7.79 8.99 percent [+]
GDP Actual Q3/16 Q4/16 Q1/17 Q2/17 2020
GDP Growth Rate 2.10 1.7 1.8 1.7 1.6 1.3 percent [+]
GDP Annual Growth Rate 7.90 7.2 7.1 7.2 7 5.7 percent [+]
GDP 2073.54 2100 2100 2190 2190 3100 USD Billion [+]
GDP Constant Prices 30120.29 30800 31900 32500 33900 48500 INR Billion [+]
Gross National Product 56738.60 58500 59000 59600 60200 72200 INR Billion [+]
Gross Fixed Capital Formation 8861.47 8920 9010 9110 9190 11000 INR Billion [+]
GDP per capita 1805.58 1890 1890 2000 2000 3500 USD [+]
GDP per capita PPP 5730.14 5900 5900 6100 6100 7000 USD [+]
GDP From Agriculture 4235.42 3340 5620 4440 4440 4130 IND Billion [+]
GDP From Construction 2285.27 2220 2330 2390 2490 2530 IND Billion [+]
GDP From Manufacturing 4908.33 4940 4960 4950 4950 4620 IND Billion [+]
GDP From Mining 913.43 915 920 913 920 925 IND Billion [+]
GDP From Public Administration 3249.99 3503 3746 3613 3892 4547 IND Billion [+]
GDP From Utilities 578.61 594 601 604 610 713 IND Billion [+]
LABOUR Actual Q3/16 Q4/16 Q1/17 Q2/17 2020
Unemployment Rate 4.90 5 4.8 4.8 4.8 4.6 percent [+]
Employed Persons 29650.00 30013 30240 30312 30385 32200 Thousand [+]
Unemployed Persons 44.79 45.68 47.34 47.77 48.2 55.96 Million [+]
Labor Force Participation Rate 52.50 51.51 51.12 51.46 51.79 55.32 percent [+]
Population 1254.02 1266 1268 1272 1275 1324 Million [+]
Retirement Age Women 60.00 60 60 60 60 60 [+]
Retirement Age Men 60.00 60 60 60 60 60 [+]
Living Wage Family 32200.00 32300 32300 33100 33200 38000 INR/Month [+]
Living Wage Individual 12500.00 12900 13400 13800 14200 20000 INR/Month [+]
Wages 272.19 284 289 292 296 356 INR/Day [+]
Wages High Skilled 50300.00 50500 51200 52000 52500 87500 INR/Month [+]
Wages In Manufacturing 347.30 357 362 362 362 425 INR/Day [+]
Wages Low Skilled 11900.00 12000 13000 13500 14000 18000 INR/Month [+]
Youth Unemployment Rate 12.90 15.5 15.5 15.5 15.5 13.5 percent [+]
PRICES Actual Q3/16 Q4/16 Q1/17 Q2/17 2020
Inflation Rate 5.77 6.2 6.4 6.1 6.2 4.8 percent [+]
Consumer Price Index CPI 130.10 133 135 136 138 158 Index Points [+]
GDP Deflator 119.50 120 123 124 125 140 Index Points [+]
Producer Prices 182.00 185 189 192 194 250 Index Points [+]
Producer Prices Change 1.62 1.9 2 2.1 2.1 2.9 percent [+]
Export Prices 300.00 309 310 310 311 359 Index Points [+]
Import Prices 518.00 525 528 530 532 510 Index Points [+]
Food Inflation 7.79 7.8 8.1 8.2 8.1 3.3 percent [+]
Cpi Transportation 114.20 111 112 114 112 119 Index Points [+]
Inflation Rate Mom 1.17 0.25 0.45 0.5 0.4 0.32 percent [+]
MONEY Actual Q3/16 Q4/16 Q1/17 Q2/17 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 6.56 6.85 6.85 6.85 6.85 5.5 percent [+]
Money Supply M1 26631.81 27463 28275 29114 29979 45370 INR Billion [+]
Money Supply M2 27026.36 28571 29611 30816 31675 49475 INR Billion [+]
Money Supply M3 120585.25 122698 126349 130109 133981 201988 INR Billion [+]
Foreign Exchange Reserves 363350.00 364432 365453 366007 366308 366663 USD Million [+]
Central Bank Balance Sheet 15424.88 15497 15705 15931 16158 19278 INR Billions [+]
Loan Growth 9.80 9.2 9.1 9 8.9 7 percent [+]
TRADE Actual Q3/16 Q4/16 Q1/17 Q2/17 2020
Balance of Trade -8116.20 -6500 -6800 -7800 -7700 -10100 USD Million [+]
Exports 22572.30 22800 22400 22000 22300 28900 USD Million [+]
Imports 30688.50 29300 29200 29800 30000 39000 USD Million [+]
Current Account -300.00 -6364 -6956 -6408 -6318 1460 USD Million [+]
Current Account to GDP -1.25 -1 -1 -1.25 -1.25 -0.7 percent [+]
External Debt 485614.00 499000 503000 508000 512000 569000 USD Million [+]
Terms of Trade 57.90 66.3 68.77 69.57 70.37 76 Index Points [+]
Capital Flows 200.00 7.14 -44.97 -11.16 8.87 10.07 USD Million [+]
Foreign Direct Investment 1547.00 1590 2022 2020 2030 2029 USD Million [+]
Remittances 8472.83 8842 8352 8619 8572 8563 USD Million [+]
Tourist Arrivals 529000.00 678290 721489 668089 661217 762000 [+]
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 7.77 7.78 7.87 [+]
Weapons Sales 33.00 36.1 36.09 36.09 31.89 19.68 USD Million [+]
GOVERNMENT Actual Q3/16 Q4/16 Q1/17 Q2/17 2020
Government Debt to GDP 67.20 67 67 67 67 70 percent [+]
Government Budget -3.90 -3.4 -3.4 -3.5 -3.5 -1.5 percent of GDP [+]
Government Budget Value -2289.86 -4285 -3934 -3870 -3932 -1220 INR Billion [+]
Government Spending 2303.08 2970 3140 2438 2691 3520 INR Billion [+]
Government Revenues 656.91 5639 5778 4029 4632 4723 INR Billion [+]
Fiscal Expenditure 2980.46 10662 9718 8163 9049 8943 INR Billion [+]
Military Expenditure 51115.90 51932 51617 51302 51305 53020 USD Million [+]
BUSINESS Actual Q3/16 Q4/16 Q1/17 Q2/17 2020
Business Confidence 57.20 54.6 54.8 54.6 55 59 [+]
Manufacturing PMI 51.70 50.4 50.8 51 51.1 51.2 [+]
Services PMI 50.30 51.5 51.9 52 52.3 51.9 Index Points [+]
Industrial Production 1.20 2.6 3.1 2.9 3.1 1.5 percent [+]
Industrial Production Mom 3.60 1.39 -0.25 0.27 0.53 0.87 percent [+]
Manufacturing Production 0.70 1.3 0.46 1.19 1.27 2.6 percent [+]
Changes in Inventories 554.48 533 533 524 519 511 INR Billion [+]
Car Production 201520.00 219128 216760 217068 217119 217078 Units [+]
Car Registrations 213036.00 223704 221860 222314 222219 222232 Cars [+]
Cement Production 24887.00 23023 23826 24180 23880 23923 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 7785.00 7796 7853 7846 7838 7841 Thousand Tonnes [+]
Mining Production 1.30 1.8 2 1.8 1.5 2.1 percent [+]
Mni Business Sentiment 63.00 63.1 63.4 63.4 63.4 64.7 [+]
CONSUMER Actual Q3/16 Q4/16 Q1/17 Q2/17 2020
Consumer Confidence 134.00 130 132 133 134 133 [+]
Consumer Spending 16668.88 17200 17900 18300 18900 21000 INR Billion [+]
Disposable Personal Income 138192890.00 147960218 150169203 153246866 156324529 231000000 INR Million [+]
Personal Savings 22124.14 23200 23874 24268 24662 33116 INR Billion [+]
Bank Lending Rate 9.70 9.6 9.6 9.6 9.6 7.5 percent [+]
Gasoline Prices 0.97 0.94 0.92 0.92 0.92 1.23 USD/Liter [+]
Households Debt To Gdp 10.10 10.44 10.57 10.67 10.75 11.19 percent of GDP [+]
Mni Consumer Sentiment 114.70 112 112 112 112 115 [+]
HOUSING Actual Q3/16 Q4/16 Q1/17 Q2/17 2020
Housing Index 238.00 244 247 247 247 264 Index Points [+]
Construction Output 2.80 5.7 4.7 7 7 3 percent [+]
TAXES Actual Q3/16 Q4/16 Q1/17 Q2/17 2020
Corporate Tax Rate 34.61 34.61 34.61 34.61 34.61 33 percent [+]
Personal Income Tax Rate 33.99 33.99 33.99 33.99 33.99 33.99 percent [+]
Sales Tax Rate 14.50 15 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. 7/26/2016