Markets Actual Q2 Q3 Q4 Q1 2020
Currency 69.78 69.57 69.97 70.37 70.77 71.58
Stock Market (points) 38774.13 38282 37896 37513 37134 36387
Government Bond 10Y (%) 7.47 7.41 7.48 7.54 7.61 7.75
Overview Actual Q2 Q3 Q4 Q1 2020
GDP Growth Rate (%) 1.60 1.5 1.4 1.4 1.2 1.3
GDP Annual Growth Rate (%) 6.60 6.7 6.6 6.9 7.1 7.4
Unemployment Rate (%) 3.53 3.6 3.6 3.8 3.8 4.5
Inflation Rate (%) 2.86 2.8 3 3.5 3.8 3.7
Interest Rate (%) 6.00 6 6 6 6 6
Cash Reserve Ratio (%) 4.00 4 4 4 4 4
Balance of Trade (USD Million) -10890.00 -15760 -15191 -17900 -17000 -14100
Current Account (USD Million) -16899.55 -15000 -12000 -13500 -11000 -14600
Current Account to GDP (%) -2.30 -2.2 -2.2 -2.2 -2.3 -2.3
Government Debt to GDP (%) 68.70 69 69 69 70 70
Government Budget (% of GDP) -3.42 -3.4 -3.4 -3.4 -3 -3
Business Confidence (Index Points) 113.50 116 115 114 115 112
Manufacturing PMI 52.60 51.8 52 51.4 52.3 52.8
Services PMI (Index Points) 52.00 51.5 50.8 50.5 49.8 51.9
Consumer Confidence (Index Points) 105.00 102 98 95 95 101
Corporate Tax Rate (%) 35.00 35 35 35 35 35
Personal Income Tax Rate (%) 35.88 35.88 35.88 35.88 35.88 35.88
GDP Actual Q2 Q3 Q4 Q1 2020
GDP Growth Rate (%) 1.60 1.5 1.4 1.4 1.2 1.3
GDP Annual Growth Rate (%) 6.60 6.7 6.6 6.9 7.1 7.4
GDP (USD Billion) 2600.82 2900 2900 2900 3100 3100
GDP Constant Prices (INR Billion) 35001.62 35307 35548 37417 37487 39924
Gross National Product (INR Tens Of Million) 13954956.00 13296454 13290021 14917848 14945758 15917344
Gross Fixed Capital Formation (INR Billion) 11575.43 11423 11361 12374 12397 13203
GDP per capita (USD) 1963.55 3100 3100 3100 3500 3500
GDP per capita PPP (USD) 6426.67 7100 7100 7100 7200 7200
GDP From Agriculture (INR Billion) 5862.40 4392 3668 6267 6279 6687
GDP From Construction (INR Billion) 2754.48 2748 2620 2945 2950 3142
GDP From Manufacturing (INR Billion) 5650.17 5853 6024 6040 6051 6445
GDP From Mining (INR Billion) 871.10 995 752 931 933 994
GDP From Public Administration (INR Billion) 4314.27 3972 4330 4612 4621 4921
GDP From Utilities (INR Billion) 708.09 749 764 757 758 808
Labour Actual Q2 Q3 Q4 Q1 2020
Unemployment Rate (%) 3.53 3.6 3.6 3.8 3.8 4.5
Employed Persons (Thousand ) 29579.00 30183 30212 30212 32200 32200
Unemployed Persons (Million) 44.85 42.75 42.54 42.34 43.32 43.32
Retirement Age Women 60.00 60 60 60 60 60
Retirement Age Men 60.00 60 60 60 60 60
Living Wage Family (INR/Month) 19400.00 17400 17400 18500 18500 19800
Wages (INR/Day) 272.19 341 341 341 356 356
Wages High Skilled (INR/Month) 43200.00 45489 45396 45500 45500 46500
Wages In Manufacturing (INR/Day) 347.30 435 435 435 455 455
Wages Low Skilled (INR/Month) 10900.00 11833 11849 17000 17000 18000
Prices Actual Q2 Q3 Q4 Q1 2020
Inflation Rate (%) 2.86 2.8 3 3.5 3.8 3.7
Consumer Price Index CPI (Index Points) 140.40 142 144 145 146 150
Producer Prices (Index Points) 120.00 123 125 125 125 130
Producer Prices Change (%) 3.18 3.2 3.5 4 4.5 3.9
Food Inflation (%) 0.30 4.3 2.9 3.5 4.2 4.7
Cpi Housing Utilities (Index Points) 149.00 146 150 152 155 157
CPI Transportation (Index Points) 124.60 127 130 128 129 133
Money Actual Q2 Q3 Q4 Q1 2020
Interest Rate (%) 6.00 6 6 6 6 6
Cash Reserve Ratio (%) 4.00 4 4 4 4 4
Interbank Rate (%) 6.27 6.31 6.31 6.31 6.31 6.31
Loan Growth (%) 13.20 14.6 14.6 13 13 12
Reverse Repo Rate (%) 5.75 6.5 6.5 6.5 6 5.5
Trade Actual Q2 Q3 Q4 Q1 2020
Balance of Trade (USD Million) -10890.00 -15760 -15191 -17900 -17000 -14100
Current Account (USD Million) -16899.55 -15000 -12000 -13500 -11000 -14600
Current Account to GDP (%) -2.30 -2.2 -2.2 -2.2 -2.3 -2.3
Imports (USD Million) 43440.00 43212 43209 45900 45900 43000
Exports (USD Million) 32550.00 27452 28018 28000 28900 28900
Terms of Trade (Index Points) 73.30 77.12 77.2 83.71 78.04 78.04
Government Actual Q2 Q3 Q4 Q1 2020
Government Debt to GDP (%) 68.70 69 69 69 70 70
Government Budget (% of GDP) -3.42 -3.4 -3.4 -3.4 -3 -3
Government Budget Value (INR Billion) -8514.99 -4569 -5069 -5800 -5800 -6208
Government Spending (INR Billion) 3410.32 4005 4221 3646 3652 3890
Government Revenues (INR Billion) 13373.40 2350 6626 12000 12000 12500
Fiscal Expenditure (INR Billion) 21888.39 6919 11695 17800 17800 18708
Government Spending To GDP (% of GDP) 12.74 11.6 11.6 11.6 11.2 11.2
Taxes Actual Q2 Q3 Q4 Q1 2020
Corporate Tax Rate (%) 35.00 35 35 35 35 35
Personal Income Tax Rate (%) 35.88 35.88 35.88 35.88 35.88 35.88
Sales Tax Rate (%) 18.00 18 18 18 18 18
Social Security Rate (%) 24.00 24 24 24 24 24
Social Security Rate For Companies (%) 12.00 12 12 12 12 12
Social Security Rate For Employees (%) 12.00 12 12 12 12 12
Business Actual Q2 Q3 Q4 Q1 2020
Business Confidence (Index Points) 113.50 116 115 114 115 112
Manufacturing PMI 52.60 51.8 52 51.4 52.3 52.8
Services PMI (Index Points) 52.00 51.5 50.8 50.5 49.8 51.9
Industrial Production (%) 0.10 4.5 5.4 5 4.8 6.5
Manufacturing Production (%) -0.30 4.8 4 4.4 4 5.6
Car Production (Units) 237936.00 230628 255336 223719 238720 238720
Mining Production (%) 2.00 1.7 1.91 2 2 2.1
Cement Production (Thousands of Tonnes ) 28511.00 26097 27058 28780 28780 29791
Composite Pmi 52.70 52.4 53 51.8 51 52.5
Consumer Actual Q2 Q3 Q4 Q1 2020
Consumer Confidence (Index Points) 105.00 102 98 95 95 101
Consumer Spending (INR Billion) 20671.40 19713 19935 22098 22139 23578
Bank Lending Rate (%) 9.40 9.45 9.45 9.45 9.45 9.45
Gasoline Prices (USD/Liter) 1.05 0.98 0.95 0.93 0.91 0.91
Housing Actual Q2 Q3 Q4 Q1 2020
Construction Output (%) 2.10 4.4 5.02 5.1 6.5 3


This page has 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.