India | Economic Forecasts | 2016-2020 Outlook

Overview Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
GDP Growth Rate 1.40 1.8 1.7 1.6 1.5 1.3 percent [+]
Unemployment Rate 4.90 4.8 4.8 4.8 4.8 4.6 percent [+]
Inflation Rate 4.20 4.4 4.5 4.6 4.7 4.8 percent [+]
Interest Rate 6.25 6 6 5.75 5.75 4.75 percent [+]
Balance of Trade -10160.00 -6800 -7800 -7700 -8000 -10100 USD Million [+]
Government Debt to GDP 67.20 68.9 67 67 67 70 percent [+]
MARKETS Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Currency 68.03 68.64 69.32 70 70.68 81.55 [+]
Stock Market 26349.10 26100 25800 25600 25300 21100 points [+]
Government Bond 10Y 6.22 6.48 6.55 6.61 6.68 7.7 percent [+]
GDP Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
GDP Growth Rate 1.40 1.8 1.7 1.6 1.5 1.3 percent [+]
GDP Annual Growth Rate 7.30 7.1 7.2 7 6.9 5.7 percent [+]
GDP 2073.54 2100 2190 2190 2190 3100 USD Billion [+]
GDP Constant Prices 29628.34 31900 32500 33900 35000 48500 INR Billion [+]
Gross National Product 56738.60 59057 59638 60219 60799 72147 INR Billion [+]
Gross Fixed Capital Formation 8583.37 9010 9110 9190 9250 11000 INR Billion [+]
GDP per capita 1805.58 1890 2000 2000 2000 3500 USD [+]
GDP per capita PPP 5730.14 5900 6100 6100 6100 7000 USD [+]
GDP From Agriculture 3095.38 5149 4125 3766 3921 4130 IND Billion [+]
GDP From Construction 2186.76 2224 2280 2304 2226 2530 IND Billion [+]
GDP From Manufacturing 4841.50 4652 5191 5199 5129 4620 IND Billion [+]
GDP From Mining 629.22 920 913 920 950 925 IND Billion [+]
GDP From Public Administration 3861.96 3758 3859 3761 3857 3775 IND Billion [+]
GDP From Utilities 609.94 601 604 610 614 713 IND Billion [+]
LABOUR Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Unemployment Rate 4.90 4.8 4.8 4.8 4.8 4.6 percent [+]
Employed Persons 29650.00 30240 30312 30385 30457 32200 Thousand [+]
Unemployed Persons 44.79 47.34 47.77 48.2 48.63 55.96 Million [+]
Labor Force Participation Rate 52.50 51.12 51.46 51.79 52.13 55.32 percent [+]
Population 1254.02 1268 1272 1275 1278 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 33100 33200 33400 38000 INR/Month [+]
Living Wage Individual 12500.00 13400 13800 14200 14500 20000 INR/Month [+]
Wages 272.19 289 292 296 300 356 INR/Day [+]
Wages High Skilled 50300.00 51200 52000 52500 53100 87500 INR/Month [+]
Wages In Manufacturing 347.30 362 370 378 382 425 INR/Day [+]
Wages Low Skilled 11900.00 13000 13500 14000 14600 18000 INR/Month [+]
Youth Unemployment Rate 12.90 15.5 15.5 15.5 15.5 13.5 percent [+]
PRICES Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Inflation Rate 4.20 4.4 4.5 4.6 4.7 4.8 percent [+]
Consumer Price Index CPI 131.40 135 136 138 140 158 Index Points [+]
GDP Deflator 119.50 123 124 125 126 140 Index Points [+]
Producer Prices 182.90 189 192 194 196 250 Index Points [+]
Producer Prices Change 3.39 4.5 5.1 5.9 6 5.9 percent [+]
Export Prices 300.00 310 310 311 312 359 Index Points [+]
Import Prices 518.00 528 530 532 532 510 Index Points [+]
Food Inflation 3.32 8.1 8.2 8.1 8 3.3 percent [+]
Cpi Transportation 115.20 112 114 112 113 119 Index Points [+]
Inflation Rate Mom 0.38 0.45 0.5 0.4 0.3 0.32 percent [+]
MONEY Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Interest Rate 6.25 6 6 5.75 5.75 4.75 percent [+]
Cash Reserve Ratio 4.00 4 4 4 4 4 percent [+]
Interbank Rate 5.86 6.56 6.56 6.56 6.3 5.5 percent [+]
Money Supply M1 28420.20 28335 29453 30630 31868 54916 INR Billion [+]
Money Supply M2 26951.11 28603 29464 30213 30070 37985 INR Billion [+]
Money Supply M3 123767.67 126003 129637 133393 137259 198982 INR Billion [+]
Foreign Exchange Reserves 365310.00 365385 364808 364502 364336 364140 USD Million [+]
Central Bank Balance Sheet 15238.71 15421 15374 15352 15349 15348 INR Billions [+]
Loan Growth 7.90 9.1 9 8.9 8.8 7 percent [+]
TRADE Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Balance of Trade -10160.00 -6800 -7800 -7700 -8000 -10100 USD Million [+]
Exports 23512.70 22400 22000 22300 22500 28900 USD Million [+]
Imports 33673.50 29200 29800 30000 30500 39000 USD Million [+]
Current Account -300.00 -50 -250 -1000 -1500 -1460 USD Million [+]
Current Account to GDP -1.25 -1 -1.25 -1.25 -1.25 -0.7 percent [+]
External Debt 479658.00 481448 483342 484144 484650 492575 USD Million [+]
Terms of Trade 57.90 68.77 69.57 70.37 71.16 76 Index Points [+]
Capital Flows 155.56 8.32 -32.78 -3.29 8.94 9.58 USD Million [+]
Foreign Direct Investment 4612.00 3364 3329 3371 3371 3369 USD Million [+]
Remittances 9686.59 9247 9461 9448 9403 9438 USD Million [+]
Tourist Arrivals 615000.00 672596 680770 671657 671675 762000 [+]
Gold Reserves 557.77 558 558 558 558 558 Tonnes [+]
Crude Oil Production 736.00 736 736 736 736 736 BBL/D/1K [+]
Terrorism Index 7.48 7.45 7.47 7.5 7.52 7.7 [+]
Weapons Sales 33.00 36.1 36.09 36.09 31.89 19.68 USD Million [+]
GOVERNMENT Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Government Debt to GDP 67.20 68.9 67 67 67 70 percent [+]
Government Budget -3.90 -3.4 -3.5 -3.5 -3.5 -1.5 percent of GDP [+]
Government Budget Value -4235.07 -3957 -3934 -3988 -3974 -1220 INR Billion [+]
Government Spending 3839.06 3140 2753 3575 3887 3520 INR Billion [+]
Government Revenues 7273.36 6129 4267 4947 5234 4998 INR Billion [+]
Fiscal Expenditure 11508.43 10027 8314 9102 9206 9046 INR Billion [+]
Military Expenditure 51115.90 51932 51617 51302 51305 53020 USD Million [+]
BUSINESS Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Business Confidence 57.20 55.8 54.6 55 54.5 59 [+]
Manufacturing PMI 52.30 50.8 51 51.1 52 51.2 [+]
Services PMI 46.70 51.9 52 52.3 52 51.9 Index Points [+]
Industrial Production 0.70 3.1 2.9 3.1 2.9 1.5 percent [+]
Industrial Production Mom 2.40 -0.24 -0.87 -0.71 0.3 0.87 percent [+]
Manufacturing Production 0.90 -0.19 1.03 1.54 1 2.6 percent [+]
Changes in Inventories 534.62 536 528 523 521 516 INR Billion [+]
Car Production 241957.00 233100 242778 239384 240636 240287 Units [+]
Car Registrations 265104.00 247460 250876 250716 250528 250607 Cars [+]
Cement Production 22627.00 23162 24169 23763 23301 23586 Thousands of Tonnes [+]
Competitiveness Index 4.52 4.31 4.35 4.35 4.35 4.51 Points [+]
Competitiveness Rank 39.00 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 130.00 130 129 1290 129 126 [+]
Steel Production 8267.00 8155 8135 8101 8109 8111 Thousand Tonnes [+]
Mining Production -3.10 2 1.8 1.5 1.1 2.1 percent [+]
Mni Business Sentiment 66.00 63.4 63.4 63.4 64 64.7 [+]
CONSUMER Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Consumer Confidence 133.00 132 133 134 133 133 [+]
Consumer Spending 16256.19 17900 18300 18900 19100 21000 INR Billion [+]
Disposable Personal Income 138192890.00 150169203 153246866 156324529 159402192 231000000 INR Million [+]
Personal Savings 22124.14 23874 24268 24662 25055 33116 INR Billion [+]
Bank Lending Rate 9.65 9.7 9.7 9.7 9.2 7.5 percent [+]
Gasoline Prices 0.96 0.97 0.96 0.96 0.95 0.84 USD/Liter [+]
Households Debt To Gdp 10.30 10.69 10.81 10.91 10.99 11.47 percent of GDP [+]
Mni Consumer Sentiment 112.70 112 112 112 112 112 [+]
HOUSING Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Housing Index 238.00 247 247 247 249 264 Index Points [+]
Construction Output 6.60 4.7 4 4.2 4.5 3 percent [+]
TAXES Actual Q4/16 Q1/17 Q2/17 Q3/17 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 15.00 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. 12/6/2016