India | Economic Forecasts | 2016-2020 Outlook

Overview Actual Q1/16 Q2/16 Q3/16 Q4/16 2020
GDP Growth Rate 1.90 1.5 1.75 1.6 1.7 1.3 percent [+]
Unemployment Rate 4.90 4.9 4.7 5 4.8 4.6 percent [+]
Inflation Rate 5.61 5.6 5.4 4.9 5.1 4.8 percent [+]
Interest Rate 6.75 6.75 6.5 6.5 6.5 6.5 percent [+]
Balance of Trade -11664.00 -17112 -19200 -19000 -11096 -10115 USD Million [+]
Government Debt to GDP 66.10 67.13 67.13 67.14 67.15 70.48 percent [+]
Markets Actual Q1/16 Q2/16 Q3/16 Q4/16 2020
Currency 68.08 67.39 68.72 69.39 70.06 53.38 [+]
Stock Market 24287.42 24000 23300 22500 22000 30600 points [+]
Government Bond 10Y 7.84 7.89 8.13 8.51 8.9 11.61 percent [+]
GDP Actual Q1/16 Q2/16 Q3/16 Q4/16 2020
GDP Growth Rate 1.90 1.5 1.75 1.6 1.7 1.3 percent [+]
GDP Annual Growth Rate 7.30 7.2 7.2 7.1 7.2 5.7 percent [+]
GDP 2066.90 2055 2079 2102 2126 2410 USD Billion [+]
GDP Constant Prices 28523.39 27624 28624 27724 27913 28500 INR Billion [+]
Gross National Product 56738.60 57403 58100 58797 59493 78145 INR Billion [+]
Gross Fixed Capital Formation 8672.29 9076 8007 8517 8607 8907 INR Billion [+]
GDP per capita 1262.64 1272 1287 1303 1319 1617 USD [+]
GDP per capita PPP 5565.05 5569 5638 5707 5776 7454 USD [+]
GDP From Agriculture 5131.90 3609 3271 3911 3941 3935 IND Billion [+]
GDP From Construction 2213.23 2202 2406 2179 2292 2425 IND Billion [+]
GDP From Manufacturing 4337.69 4452 4496 4513 4519 4523 IND Billion [+]
GDP From Mining 763.35 721 716 715 715 715 IND Billion [+]
GDP From Public Administration 3486.38 3684 3725 3711 3841 4772 IND Billion [+]
GDP From Utilities 576.08 608 607 607 607 607 IND Billion [+]
Labour Actual Q1/16 Q2/16 Q3/16 Q4/16 2020
Unemployment Rate 4.90 4.9 4.7 5 4.8 4.6 percent [+]
Employed Persons 29650.00 29558 29785 30013 30240 31230 Thousand [+]
Unemployed Persons 44.79 42.35 44.01 45.68 47.34 55.96 Million [+]
Labor Force Participation Rate 52.50 52.29 51.9 51.51 51.12 51.21 percent [+]
Population 1238.89 1244 1247 1251 1255 1299 Million [+]
Retirement Age Women 60.00 60 60 60 60 60 [+]
Retirement Age Men 60.00 60 60 60 60 60 [+]
Wages 272.19 276 280 284 289 356 INR/Day [+]
Wages High Skilled 43400.00 43476 43494 43498 43499 43499 INR/Month [+]
Wages In Manufacturing 347.30 355 355 355 378 425 INR/Day [+]
Wages Low Skilled 9000.00 9000 9000 9000 9000 9000 INR/Month [+]
Youth Unemployment Rate 12.90 15.5 15.5 15.5 15.5 15.5 percent [+]
Prices Actual Q1/16 Q2/16 Q3/16 Q4/16 2020
Inflation Rate 5.61 5.6 5.4 4.9 5.1 4.8 percent [+]
Consumer Price Index CPI 126.10 127 129 132 133 130 Index Points [+]
GDP Deflator 117.80 119 119 121 102 133 Index Points [+]
Producer Prices 177.40 178 178 178 180 190 Index Points [+]
Producer Prices Change -9.15 -1.9 0.5 1.3 0 2.9 percent [+]
Export Prices 300.00 308 309 309 310 359 Index Points [+]
Import Prices 518.00 530 522 514 506 378 Index Points [+]
Food Inflation 6.40 6.1 6.4 5 6.06 5.1 percent [+]
Inflation Rate Mom -0.39 1.2 0.9 -0.2 -0.2 -0.2 percent [+]
Money Actual Q1/16 Q2/16 Q3/16 Q4/16 2020
Interest Rate 6.75 6.75 6.5 6.5 6.5 6.5 percent [+]
Cash Reserve Ratio 4.00 4 4 4 4 4 percent [+]
Interbank Rate 7.23 7.23 7.23 7 7 7.26 percent [+]
Money Supply M1 24547.42 25084 25648 26223 26810 37985 INR Billion [+]
Money Supply M2 25069.74 25846 26658 26862 27785 41693 INR Billion [+]
Money Supply M3 114430.52 117003 120650 124363 128174 207580 INR Billion [+]
Foreign Exchange Reserves 349150.00 347163 346044 345403 345088 344711 USD Million [+]
Central Bank Balance Sheet 15247.70 15245 15476 15718 15960 19709 INR Billions [+]
Loan Growth 11.40 8.7 8.5 11.11 11.11 8.82 percent [+]
Trade Actual Q1/16 Q2/16 Q3/16 Q4/16 2020
Balance of Trade -11664.00 -17112 -19200 -19000 -11096 -10115 USD Million [+]
Exports 22297.48 25000 26000 26500 21479 28847 USD Million [+]
Imports 33961.48 42112 45200 45500 32945 38963 USD Million [+]
Current Account -8200.00 -4878 -5337 -5506 -5768 -4457 USD Million [+]
External Debt 483151.00 496619 504020 510947 517667 614535 USD Million [+]
Current Account to GDP -1.40 -1.24 -1.37 -1.5 -1.63 -1.12 percent [+]
Terms of Trade 57.90 61.36 63.83 66.3 68.77 76 Index Points [+]
Capital Flows 4.18 17.92 9.03 -10.57 0.95 7.14 USD Million [+]
Foreign Direct Investment 2701.00 3488 3177 1593 3240 3237 USD Million [+]
Remittances 10827.88 12324 11556 11656 12528 15691 USD Million [+]
Tourist Arrivals 913000.00 702899 601973 685184 703997 762403 [+]
Gold Reserves 557.74 558 558 558 558 558 Tonnes [+]
Crude Oil Production 771.00 768 768 768 768 768 BBL/D/1K [+]
Terrorism Index 7.75 7.73 7.72 7.71 7.71 7.64 [+]
Government Actual Q1/16 Q2/16 Q3/16 Q4/16 2020
Government Debt to GDP 66.10 67.13 67.13 67.14 67.15 70.48 percent [+]
Government Budget -4.50 -4.15 -4.5 -4.2 -4.21 -4.4 percent of GDP [+]
Government Budget Value -4881.85 -4011 -4019 -4107 -4082 -4082 INR Billion [+]
Government Spending 2740.71 2932 2916 2918 2917 2917 INR Billion [+]
Government Revenues 8038.08 4173 3918 4933 4587 4537 INR Billion [+]
Fiscal Expenditure 13139.97 8232 8180 9216 8798 8801 INR Billion [+]
Credit Rating 47.21 [+]
Business Actual Q1/16 Q2/16 Q3/16 Q4/16 2020
Business Confidence 54.40 53.39 53.42 53.52 53.61 53.85 [+]
Manufacturing PMI 51.10 49.6 49 50.1 50.3 51 [+]
Services PMI 54.30 53.3 52.7 52.5 52.9 51.9 Index Points [+]
Industrial Production -3.20 3.15 3.42 2.64 1.79 1.41 percent [+]
Industrial Production Mom -8.20 1.05 1.15 1.39 -1.32 -1.5 percent [+]
Manufacturing Production -4.40 2.9 1.9 1.3 1.46 2.6 percent [+]
Changes in Inventories 489.07 493 487 483 482 479 INR Billion [+]
Car Production 206614.00 215734 215397 215020 215333 215220 Units [+]
Car Registrations 236761.00 230969 233403 232503 232809 232735 Cars [+]
Cement Production 23891.80 24314 23170 22583 22754 22865 Thousands of Tonnes [+]
Competitiveness Index 4.31 4.31 4.31 4.31 4.26 4.8 Points [+]
Competitiveness Rank 55.00 55 55 55 55 50 [+]
Corruption Index 38.00 38 38 38 38 41 Points [+]
Corruption Rank 76.00 81 81 81 81 79 [+]
Ease of Doing Business 130.00 125 125 125 125 122 [+]
Mining Production 2.30 2.9 2.84 2.84 2.84 2.84 percent [+]
Mni Business Sentiment 61.80 62.14 62.26 61.73 61.61 61.78 [+]
Consumer Actual Q1/16 Q2/16 Q3/16 Q4/16 2020
Consumer Confidence 131.00 131 130 131 131 131 [+]
Consumer Spending 15915.08 15788 15834 16079 16304 17295 INR Billion [+]
Disposable Personal Income 127880080.00 141101145 153287967 165474788 177661610 231245296 INR Million [+]
Personal Savings 22124.14 22826 23176 23525 23874 33116 INR Billion [+]
Bank Lending Rate 9.70 10 9.75 9.75 9.71 9.71 percent [+]
Gasoline Prices 0.88 0.85 0.89 0.9 0.91 1.17 USD/Liter [+]
Households Debt To Gdp 9.50 9.63 9.68 9.72 9.75 9.93 percent of GDP [+]
Mni Consumer Sentiment 109.80 106 104 104 104 104 [+]
Housing Actual Q1/16 Q2/16 Q3/16 Q4/16 2020
Housing Index 238.00 230 227 225 223 211 Index Points [+]
Construction Output 0.90 0.47 0.91 1.11 0.84 0.87 Percent [+]
Taxes Actual Q1/16 Q2/16 Q3/16 Q4/16 2020
Corporate Tax Rate 34.61 34.61 34.61 34.61 34.61 29 percent [+]
Personal Income Tax Rate 33.99 33.99 33.99 33.99 33.99 33.99 percent [+]
Sales Tax Rate 12.36 12.36 12.36 12.36 12.36 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. 2/9/2016