Markets Actual Q3 Q4 Q1 Q2 2020
Currency 71.56 69.25 69.63 70.02 70.42 71.2
Stock Market (points) 37163.84 36406 35997 35596 35195 34410
Government Bond 10Y (%) 6.55 6.43 6.48 6.54 6.6 6.71
Overview Actual Q3 Q4 Q1 Q2 2020
GDP Growth Rate (%) 1.60 1.4 1.4 1.2 1.3 1.3
GDP Annual Growth Rate (%) 5.80 6.6 6.9 7.1 7 7.2
Unemployment Rate (%) 6.00 6.2 6.2 6.5 6.5 6.1
Inflation Rate (%) 3.15 3 3.5 3.8 3.7 3.7
Interest Rate (%) 5.40 5.4 5.2 5.2 5 5
Cash Reserve Ratio (%) 4.00 4 4 4 4 4
Balance of Trade (USD Million) -13430.00 -15500 -13800 -12400 -16200 -12200
Current Account (USD Million) -4600.00 -12000 -13500 -11000 -9000 -14600
Current Account to GDP (%) -2.30 -2.2 -2.2 -2.3 -2.3 -2.3
Government Debt to GDP (%) 68.70 69 69 70 70 70
Government Budget (% of GDP) -3.42 -3.4 -3.4 -3 -3 -3
Business Confidence (Index Points) 113.50 115 114 115 112 112
Manufacturing PMI 52.50 52 51.4 50.8 51 50.8
Services PMI (Index Points) 53.80 50.8 50.5 49.8 50.8 51.9
Consumer Confidence (Index Points) 97.00 98 95 95 98 101
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 Q3 Q4 Q1 Q2 2020
GDP Growth Rate (%) 1.60 1.4 1.4 1.2 1.3 1.3
GDP Annual Growth Rate (%) 5.80 6.6 6.9 7.1 7 7.2
GDP (USD Billion) 2726.32 2900 2900 3100 3100 3100
GDP Constant Prices (INR Billion) 37198.30 36700 37426 39839 39802 40121
Gross National Product (INR Tens Of Million) 13954956.00 13714581 14917848 14945758 14931803 15991933
Gross Fixed Capital Formation (INR Billion) 11421.62 11899 12497 12233 12221 13397
GDP per capita (USD) 2104.20 2500 2500 2900 2900 2900
GDP per capita PPP (USD) 6899.20 7100 7100 7200 7200 7200
GDP From Agriculture (INR Billion) 4860.94 3813 6274 5206 5201 6726
GDP From Construction (INR Billion) 2586.14 2704 2946 2770 2767 3159
GDP From Manufacturing (INR Billion) 6167.49 6211 6027 6605 6599 6461
GDP From Mining (INR Billion) 1139.86 775 936 1221 1220 1004
GDP From Public Administration (INR Billion) 4610.20 4464 4608 4938 4933 4940
GDP From Utilities (INR Billion) 692.04 788 757 741 740 812
Labour Actual Q3 Q4 Q1 Q2 2020
Unemployment Rate (%) 6.00 6.2 6.2 6.5 6.5 6.1
Employed Persons (Thousand ) 29579.00 30183 30212 30212 33000 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
Wages (INR/Day) 272.19 341 341 356 356 356
Wages High Skilled (INR/Month) 43200.00 45489 45500 45500 45500 46500
Wages In Manufacturing (INR/Day) 347.30 435 435 455 455 455
Wages Low Skilled (INR/Month) 10900.00 11833 17000 17000 17000 18000
Living Wage Family (INR/Month) 19400.00 17400 18500 18500 18500 19800
Prices Actual Q3 Q4 Q1 Q2 2020
Inflation Rate (%) 3.15 3 3.5 3.8 3.7 3.7
Consumer Price Index CPI (Index Points) 144.20 144 145 146 148 150
Producer Prices (Index Points) 121.20 124 125 125 125 130
Producer Prices Change (%) 1.08 2.5 3.8 4.5 3.2 3.9
Food Inflation (%) 2.36 2.9 3.5 4.2 4 4.7
Cpi Housing Utilities (Index Points) 150.60 150 152 155 155 157
CPI Transportation (Index Points) 125.60 130 128 129 129 133
Money Actual Q3 Q4 Q1 Q2 2020
Interest Rate (%) 5.40 5.4 5.2 5.2 5 5
Cash Reserve Ratio (%) 4.00 4 4 4 4 4
Interbank Rate (%) 5.49 5.65 5.65 5.65 5.45 5.45
Loan Growth (%) 12.20 12 12 13 13 12
Reverse Repo Rate (%) 5.15 6.5 6.5 6 6 5.5
Trade Actual Q3 Q4 Q1 Q2 2020
Balance of Trade (USD Million) -13430.00 -15500 -13800 -12400 -16200 -12200
Current Account (USD Million) -4600.00 -12000 -13500 -11000 -9000 -14600
Current Account to GDP (%) -2.30 -2.2 -2.2 -2.3 -2.3 -2.3
Imports (USD Million) 39760.00 44500 42900 45600 45700 44400
Exports (USD Million) 26330.00 29000 29100 33200 29500 32200
Terms of Trade (Index Points) 73.30 77.2 83.71 78.04 75.49 78.04
Government Actual Q3 Q4 Q1 Q2 2020
Government Debt to GDP (%) 68.70 69 69 70 70 70
Government Budget (% of GDP) -3.42 -3.4 -3.4 -3 -3 -3
Government Budget Value (INR Billion) -4320.55 -5069 -5800 -5800 -5800 -6208
Government Spending (INR Billion) 3686.66 4356 3647 3948 3945 3909
Government Revenues (INR Billion) 2896.50 7100 12000 18000 3100 19500
Fiscal Expenditure (INR Billion) 7217.05 15694 19800 24800 7200 20708
Government Spending To GDP (% of GDP) 13.04 13.6 13.6 14 14 14
Taxes Actual Q3 Q4 Q1 Q2 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 Q3 Q4 Q1 Q2 2020
Business Confidence (Index Points) 113.50 115 114 115 112 112
Manufacturing PMI 52.50 52 51.4 50.8 51 50.8
Services PMI (Index Points) 53.80 50.8 50.5 49.8 50.8 51.9
Industrial Production (%) 2.00 5.4 5 4.8 3.2 6.5
Manufacturing Production (%) 1.20 4 4.4 4 3.5 5.6
Car Production (Units) 217682.00 210335 180719 230000 220000 200000
Mining Production (%) 1.60 1.7 2 2 3 2.1
Cement Production (Thousands of Tonnes ) 28392.00 29097 29780 34780 29500 30091
Composite Pmi 53.90 53 51.8 51 52.5 52.5
Consumer Actual Q3 Q4 Q1 Q2 2020
Consumer Confidence (Index Points) 97.00 98 95 95 98 101
Consumer Spending (INR Billion) 21111.41 20571 22038 22610 22589 23624
Bank Lending Rate (%) 9.40 9.4 9.4 9.4 9.2 9.2
Gasoline Prices (USD/Liter) 1.07 1.04 1.02 0.99 0.96 0.96
Housing Actual Q3 Q4 Q1 Q2 2020
Construction Output (%) 0.20 4.4 5.1 3.5 2.5 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.