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 5.39 5.05 4.87 4.64 5.1 3.8 percent [+]
Interest Rate 6.50 6.5 6.5 6.5 6.5 4.75 percent [+]
Balance of Trade -4840.00 -19200 -19000 -7734 -7797 -10115 USD Million [+]
Government Debt to GDP 66.40 67.87 68.01 68.15 68.69 77.11 percent [+]
MARKETS Actual Q2/16 Q3/16 Q4/16 Q1/17 2020
Currency 66.98 67.47 68.13 68.8 69.46 39.69 [+]
Stock Market 26654.00 25300 24500 23800 23200 32300 points [+]
Government Bond 10Y 7.47 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 3182 4244 4231 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 [+]
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 347.30 353 357 362 366 425 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 5.39 5.05 4.87 4.64 5.1 3.8 percent [+]
Consumer Price Index CPI 127.20 129 132 133 133 158 Index Points [+]
GDP Deflator 119.50 121 123 123 125 134 Index Points [+]
Producer Prices 177.00 175 176 176 167 197 Index Points [+]
Producer Prices Change 0.71 -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 6.32 5 4.8 4.6 6.63 3.3 percent [+]
Cpi Transportation 112.00 111 111 112 110 119 Index Points [+]
Inflation Rate Mom 0.95 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 6.85 7.27 7.27 7.27 7.27 5.5 percent [+]
Money Supply M1 26756.56 26073 27313 28285 29297 50381 INR Billion [+]
Money Supply M2 27363.19 27308 27791 28965 30318 53562 INR Billion [+]
Money Supply M3 119997.74 120586 124580 128598 132716 212680 INR Billion [+]
Foreign Exchange Reserves 360910.00 362791 365213 366408 367056 367824 USD Million [+]
Central Bank Balance Sheet 14766.32 16275 16495 16655 15944 19302 INR Billions [+]
Loan Growth 9.80 8.5 10.39 10.26 10.28 8.82 percent [+]
TRADE Actual Q2/16 Q3/16 Q4/16 Q1/17 2020
Balance of Trade -4840.00 -19200 -19000 -7734 -7797 -10115 USD Million [+]
Exports 20570.00 26000 26500 21157 21667 28847 USD Million [+]
Imports 25410.00 45200 45500 25671 25676 38963 USD Million [+]
Current Account -7100.00 -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 17.92 5.17 0.7 -0.21 3.83 4.92 USD Million [+]
Foreign Direct Investment 1850.00 2853 1593 2621 2621 2622 USD Million [+]
Remittances 8468.59 8038 8715 8538 8573 8794 USD Million [+]
Tourist Arrivals 817000.00 643251 676945 723621 705825 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 66.40 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 -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 [+]
Manufacturing PMI 50.50 51.1 51.4 50.8 50.3 51.2 [+]
Services PMI 53.70 52.7 52.5 52.9 52.9 51.9 Index Points [+]
Industrial Production 0.10 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 -1.20 1.9 1.3 0.63 1.38 2.6 percent [+]
Changes in Inventories 489.07 506 494 505 499 503 INR Billion [+]
Car Production 230439.00 222856 229287 227199 227936 227734 Units [+]
Car Registrations 223833.00 225125 229681 228396 228744 228672 Cars [+]
Cement Production 26821.00 24426 23154 23980 24375 24002 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 7800.00 7896 7807 7840 7851 7845 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 61.75 64.7 [+]
CONSUMER Actual Q2/16 Q3/16 Q4/16 Q1/17 2020
Consumer Confidence 134.00 131 130 132 132 133 [+]
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 113.40 111 112 112 114 114 [+]
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. 5/28/2016