India | Economic Forecasts | 2016-2020 Outlook

Overview Actual Q3/16 Q4/16 Q1/17 Q2/17 2020
GDP Growth Rate 1.40 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 5.05 5.3 5.6 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 -7674.14 -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 66.50 67.86 68.53 69.21 69.88 80.63 [+]
Stock Market 28223.70 27700 27400 27100 26900 22400 points [+]
Government Bond 10Y 6.78 7.23 7.3 7.37 7.45 8.59 percent [+]
GDP Actual Q3/16 Q4/16 Q1/17 Q2/17 2020
GDP Growth Rate 1.40 1.7 1.8 1.7 1.6 1.3 percent [+]
GDP Annual Growth Rate 7.10 7.2 7.1 7.2 7 5.7 percent [+]
GDP 2073.54 2100 2100 2190 2190 3100 USD Billion [+]
GDP Constant Prices 29173.48 30800 31900 32500 33900 48500 INR Billion [+]
Gross National Product 56738.60 58471 59057 59638 60219 72147 INR Billion [+]
Gross Fixed Capital Formation 8639.56 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 3743.90 3417 5641 4593 4425 4130 IND Billion [+]
GDP From Construction 2290.92 2169 2269 2323 2314 2530 IND Billion [+]
GDP From Manufacturing 4901.64 4420 4218 4731 4773 4620 IND Billion [+]
GDP From Mining 860.91 915 920 913 920 925 IND Billion [+]
GDP From Public Administration 3376.30 3397 3465 3469 3530 4049 IND Billion [+]
GDP From Utilities 623.78 597 601 604 610 713 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 347.30 357 362 370 378 425 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 5.05 5.3 5.6 6.1 6.2 4.8 percent [+]
Consumer Price Index CPI 131.10 132 135 136 138 158 Index Points [+]
GDP Deflator 119.50 120 123 124 125 140 Index Points [+]
Producer Prices 183.10 185 189 192 194 250 Index Points [+]
Producer Prices Change 3.74 4 4.5 5.1 5.9 5.9 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 5.91 7.8 8.1 8.2 8.1 3.3 percent [+]
Cpi Transportation 113.00 113 112 114 112 119 Index Points [+]
Inflation Rate Mom 0.00 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 6.52 6.56 6.56 6.56 6.56 5.5 percent [+]
Money Supply M1 27139.16 27123 27892 28685 29502 43905 INR Billion [+]
Money Supply M2 27746.92 27748 28445 29516 30574 45937 INR Billion [+]
Money Supply M3 122289.14 122276 125541 129117 132851 198346 INR Billion [+]
Foreign Exchange Reserves 369600.00 370669 373995 375806 376796 377987 USD Million [+]
Central Bank Balance Sheet 14925.29 15090 15034 15024 15024 15026 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 -7674.14 -6500 -6800 -7800 -7700 -10100 USD Million [+]
Exports 21518.60 22800 22400 22000 22300 28900 USD Million [+]
Imports 29192.74 29300 29200 29800 30000 39000 USD Million [+]
Current Account -300.00 -100 -50 -250 -1000 -1460 USD Million [+]
Current Account to GDP -1.25 -1 -1 -1.25 -1.25 -0.7 percent [+]
External Debt 485614.00 498861 503402 507717 512312 569272 USD Million [+]
Terms of Trade 57.90 66.3 68.77 69.57 70.37 76 Index Points [+]
Capital Flows 155.56 17.39 8.32 -32.78 -3.29 9.58 USD Million [+]
Foreign Direct Investment 4739.00 1590 3058 3057 3065 3065 USD Million [+]
Remittances 9686.59 9395 9247 9461 9448 9438 USD Million [+]
Tourist Arrivals 736000.00 813885 721582 675012 718188 762000 [+]
Gold Reserves 557.76 558 558 558 558 558 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 -3934.87 -4387 -3955 -3950 -4001 -1220 INR Billion [+]
Government Spending 3490.59 2970 3140 2972 2972 3520 INR Billion [+]
Government Revenues 2557.66 6155 5457 4257 4919 4868 INR Billion [+]
Fiscal Expenditure 6566.87 11074 9512 8452 9278 9111 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 57.6 55.8 54.6 55 59 [+]
Manufacturing PMI 52.60 51.4 50.8 51 51.1 51.2 [+]
Services PMI 54.70 51.5 51.9 52 52.3 51.9 Index Points [+]
Industrial Production -2.40 2.6 3.1 2.9 3.1 1.5 percent [+]
Industrial Production Mom -3.70 1.39 -0.44 0.21 0.51 0.87 percent [+]
Manufacturing Production -3.40 1.3 -0.19 1.27 1.54 2.6 percent [+]
Changes in Inventories 543.45 541 541 533 529 520 INR Billion [+]
Car Production 243134.00 240324 228354 231898 230683 231001 Units [+]
Car Registrations 250821.00 244646 232523 236308 235217 235451 Cars [+]
Cement Production 23330.00 24044 23942 24311 24264 24292 Thousands of Tonnes [+]
Competitiveness Index 4.31 4.31 4.31 4.35 4.35 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 130.00 130 130 129 1290 126 [+]
Steel Production 8141.00 8050 8110 8095 8087 8091 Thousand Tonnes [+]
Mining Production 0.80 1.8 2 1.8 1.5 2.1 percent [+]
Mni Business Sentiment 66.00 63.1 63.4 63.4 63.4 64.7 [+]
CONSUMER Actual Q3/16 Q4/16 Q1/17 Q2/17 2020
Consumer Confidence 128.00 130 132 133 134 133 [+]
Consumer Spending 16055.27 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 9.7 9.7 9.7 9.7 7.5 percent [+]
Gasoline Prices 0.95 0.94 0.92 0.92 0.92 1.23 USD/Liter [+]
Households Debt To Gdp 10.30 10.55 10.69 10.81 10.91 11.47 percent of GDP [+]
Mni Consumer Sentiment 112.70 112 112 112 112 112 [+]
HOUSING Actual Q3/16 Q4/16 Q1/17 Q2/17 2020
Housing Index 238.00 244 247 247 247 264 Index Points [+]
Construction Output 3.20 5.7 4.7 4 4.2 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 35.54 35.54 35.54 35.54 35.54 35.54 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. 9/29/2016