Markets Actual Q4 Q1 Q2 Q3 2020
Currency 71.18 71.05 71.46 71.88 72.29 73.13
Stock Market (points) 38202.40 38176 37693 37213 36742 35816
Government Bond 10Y (%) 6.69 6.76 6.82 6.89 6.96 7.09
Overview Actual Q4 Q1 Q2 Q3 2020
GDP Growth Rate (%) 1.00 1.4 1.2 1.3 1.1 1.3
GDP Annual Growth Rate (%) 5.00 5.9 6 6.5 6.2 6
Unemployment Rate (%) 6.00 6.2 6.5 6.5 6.3 6.1
Inflation Rate (%) 3.21 3.5 3.8 3.7 3.5 3.7
Interest Rate (%) 5.15 5.15 5.15 5 5 4.75
Cash Reserve Ratio (%) 4.00 4 4 4 4 4
Balance of Trade (USD Million) -13450.00 -17900 -17000 -17000 -16200 -14100
Current Account (USD Million) -14315.70 -13500 -11000 -9000 -10000 -14600
Current Account to GDP (%) -2.30 -2.2 -2.3 -2.3 -2.3 -2.3
Government Debt to GDP (%) 68.30 69 70 70 70 70
Government Budget (% of GDP) -3.42 -3.4 -3 -3 -3 -3
Business Confidence (Index Points) 112.80 114 115 112 111 112
Manufacturing PMI 51.40 51.4 50.8 51 51.1 50.8
Services PMI (Index Points) 48.70 50.5 49.8 50.8 51.4 51.9
Consumer Confidence (Index Points) 89.40 95 95 98 98 101
Corporate Tax Rate (%) 25.17 35 35 25.17 25.17 35
Personal Income Tax Rate (%) 35.88 35.88 35.88 35.88 35.88 35.88
GDP Actual Q4 Q1 Q2 Q3 2020
GDP Growth Rate (%) 1.00 1.4 1.2 1.3 1.1 1.3
GDP Annual Growth Rate (%) 5.00 5.9 6 6.5 6.2 6
GDP (USD Billion) 2726.32 2900 3100 3100 3100 3100
GDP Constant Prices (INR Billion) 35851.75 37417 37487 39430 38182 39924
Gross National Product (INR Tens Of Million) 13954956.00 14917848 14945758 14792253 14862028 15917344
Gross Fixed Capital Formation (INR Billion) 11663.34 12374 12397 12107 12421 13203
GDP per capita (USD) 2104.20 2500 2900 2900 2900 2900
GDP per capita PPP (USD) 6899.20 7100 7200 7200 7200 7200
GDP From Agriculture (INR Billion) 4335.47 6267 6279 5153 4617 6687
GDP From Construction (INR Billion) 2812.62 2945 2950 2741 2995 3142
GDP From Manufacturing (INR Billion) 5681.04 6040 6051 6538 6050 6445
GDP From Mining (INR Billion) 988.87 931 933 1208 1053 994
GDP From Public Administration (INR Billion) 4166.28 4612 4621 4887 4437 4921
GDP From Utilities (INR Billion) 786.82 757 758 734 838 808
Labour Actual Q4 Q1 Q2 Q3 2020
Unemployment Rate (%) 6.00 6.2 6.5 6.5 6.3 6.1
Population (Million) 1298.04 1305 1313 1313 1313 1313
Retirement Age Women 60.00 60 60 60 60 60
Retirement Age Men 60.00 60 60 60 60 60
Wages (INR/Day) 272.19 341 356 356 356 356
Wages High Skilled (INR/Month) 43200.00 45500 45500 45500 45500 46500
Wages In Manufacturing (INR/Day) 347.30 435 455 455 455 455
Wages Low Skilled (INR/Month) 10900.00 17000 17000 17000 17000 18000
Living Wage Family (INR/Month) 19400.00 18500 18500 18500 18500 19800
Minimum Wages ( INR/Day) 176.00 176 190 190 190 190
Prices Actual Q4 Q1 Q2 Q3 2020
Inflation Rate (%) 3.21 3.5 3.8 3.7 3.5 3.7
Consumer Price Index CPI (Index Points) 144.90 145 146 148 150 150
Producer Prices (Index Points) 121.40 125 125 125 125 130
Producer Prices Change (%) 0.33 3.8 4.5 3.2 3.4 3.9
Food Inflation (%) 2.99 3.5 4.2 4 4 4.7
Cpi Housing Utilities (Index Points) 151.60 152 155 155 157 157
CPI Transportation (Index Points) 125.80 128 129 129 130 133
Money Actual Q4 Q1 Q2 Q3 2020
Interest Rate (%) 5.15 5.15 5.15 5 5 4.75
Cash Reserve Ratio (%) 4.00 4 4 4 4 4
Interbank Rate (%) 5.32 5.41 5.41 5.26 5.26 5.01
Loan Growth (%) 8.80 11 12 13 11.5 12
Reverse Repo Rate (%) 4.90 4.85 4.85 4.7 4.6 4.5
Trade Actual Q4 Q1 Q2 Q3 2020
Balance of Trade (USD Million) -13450.00 -17900 -17000 -17000 -16200 -14100
Current Account (USD Million) -14315.70 -13500 -11000 -9000 -10000 -14600
Current Account to GDP (%) -2.30 -2.2 -2.3 -2.3 -2.3 -2.3
Imports (USD Million) 39580.00 42900 45600 45700 44100 44400
Exports (USD Million) 26130.00 29100 33200 29500 30800 32200
Terms of Trade (Index Points) 73.30 83.71 78.04 78.04 75.49 78.04
Government Actual Q4 Q1 Q2 Q3 2020
Government Debt to GDP (%) 68.30 69 70 70 70 70
Government Budget (% of GDP) -3.42 -3.4 -3 -3 -3 -3
Government Budget Value (INR Billion) -5538.40 -5800 -5800 -5800 -4400 -6208
Government Spending (INR Billion) 4218.93 3646 3652 3908 4493 3890
Government Revenues (INR Billion) 6214.61 12000 17600 3400 8200 13500
Fiscal Expenditure (INR Billion) 11753.01 18900 24400 7800 14600 19700
Government Spending To GDP (% of GDP) 13.04 13.6 14 14 14 14
Taxes Actual Q4 Q1 Q2 Q3 2020
Corporate Tax Rate (%) 25.17 35 35 25.17 25.17 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 Q4 Q1 Q2 Q3 2020
Business Confidence (Index Points) 112.80 114 115 112 111 112
Manufacturing PMI 51.40 51.4 50.8 51 51.1 50.8
Services PMI (Index Points) 48.70 50.5 49.8 50.8 51.4 51.9
Industrial Production (%) -1.10 2 3.8 2.2 1.5 3.5
Manufacturing Production (%) -1.20 2.4 2 2.5 1.8 5.6
Car Production (Units) 195138.00 180719 230000 190000 230000 200000
Mining Production (%) 0.10 2 2 3 3 2.1
Cement Production (Thousands of Tonnes ) 24454.00 29780 34780 29500 275000 30091
Composite Pmi 49.80 51.8 51 52.5 52.5 52.5
Consumer Actual Q4 Q1 Q2 Q3 2020
Consumer Confidence (Index Points) 89.40 95 95 98 98 101
Consumer Spending (INR Billion) 19744.38 22098 22139 22378 21028 23578
Bank Lending Rate (%) 9.40 9.4 9.4 9.25 9.25 9
Gasoline Prices (USD/Liter) 1.05 0.97 0.94 0.87 0.84 0.94
Housing Actual Q4 Q1 Q2 Q3 2020
Construction Output (%) -0.50 5.1 3.5 2.5 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.