Markets Actual Q1 Q2 Q3 Q4 2020
Currency 71.32 70.55 70.93 71.31 71.7 72.47
Stock Market (points) 36427.35 35492 35119 34750 34387 33669
Government Bond 10Y (%) 7.58 7.43 7.5 7.58 7.65 7.81
Overview Actual Q1 Q2 Q3 Q4 2020
GDP Growth Rate (%) 1.90 1.8 1.5 1.4 1.4 1.3
GDP Annual Growth Rate (%) 7.10 7.5 7.4 7.2 6.9 6.7
Unemployment Rate (%) 3.52 3.6 3.6 3.6 3.6 3.6
Inflation Rate (%) 2.19 3.2 3.5 4.1 4.2 4.8
Interest Rate (%) 6.50 7 7 7.25 7.25 6.75
Cash Reserve Ratio (%) 4.00 4 4 4 4 4
Balance of Trade (USD Million) -13080.00 -15269 -15759 -15191 -12900 -11100
Current Account (USD Million) -19100.00 -13000 -15000 -12000 -13500 -14600
Current Account to GDP (%) -1.90 -2.2 -2.2 -2.2 -2.2 -1.8
Government Debt to GDP (%) 68.70 69 69 69 69 70
Government Budget (% of GDP) -3.53 -3.4 -3.4 -3.4 -3.4 -3
Business Confidence (Index Points) 64.90 63.85 56.5 56 55 59
Manufacturing PMI 53.20 51.9 51.8 52 51.4 52.8
Services PMI (Index Points) 53.20 50.4 51.5 51.95 50.5 51.9
Consumer Confidence (Index Points) 94.00 100 96 98 100 97
Corporate Tax Rate (%) 35.00 34.61 34.61 34.61 34.61 34.61
Personal Income Tax Rate (%) 35.88 35.88 35.88 35.88 35.88 35.88
GDP Actual Q1 Q2 Q3 Q4 2020
GDP Growth Rate (%) 1.90 1.8 1.5 1.4 1.4 1.3
GDP Annual Growth Rate (%) 7.10 7.5 7.4 7.2 6.9 6.7
GDP (USD Billion) 2597.49 2900 2900 2900 2900 3100
GDP Constant Prices (INR Billion) 33976.20 36072 34988 35216 36490 38826
Gross National Product (INR Tens Of Million) 12865461.00 13347916 13341483 13335050 13817505 14701825
Gross Fixed Capital Formation (INR Billion) 10986.75 11605 11046 11388 11800 12555
GDP per capita (USD) 1963.55 3100 3100 3100 3100 3500
GDP per capita PPP (USD) 6426.67 7100 7100 7100 7100 7200
GDP From Agriculture (INR Billion) 3461.02 4938 4353 3587 3717 3955
GDP From Construction (INR Billion) 2378.36 2595 2675 2552 2554 2718
GDP From Manufacturing (INR Billion) 5841.64 6165 5902 6055 6274 6675
GDP From Mining (INR Billion) 748.41 1238 1084 803 804 855
GDP From Public Administration (INR Billion) 4227.70 4469 4212 4536 4541 4831
GDP From Utilities (INR Billion) 728.58 675 740 755 782 833
Labour Actual Q1 Q2 Q3 Q4 2020
Unemployment Rate (%) 3.52 3.6 3.6 3.6 3.6 3.6
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 19800 17400 17400 18500 19800
Wages (INR/Day) 272.19 386 386 386 386 400
Wages High Skilled (INR/Month) 43200.00 45500 45489 45396 45500 46500
Wages In Manufacturing (INR/Day) 347.30 470 470 470 470 500
Wages Low Skilled (INR/Month) 10900.00 17000 11833 11849 17000 18000
Prices Actual Q1 Q2 Q3 Q4 2020
Inflation Rate (%) 2.19 3.2 3.5 4.1 4.2 4.8
Consumer Price Index CPI (Index Points) 140.20 141 143 146 147 154
Producer Prices (Index Points) 120.10 122 125 126 128 135
Producer Prices Change (%) 3.80 4.9 5.2 4.3 5 5.9
Food Inflation (%) -2.51 3.9 4.3 2.9 3.5 4.7
Cpi Housing Utilities (Index Points) 146.50 147 147 151 153 160
CPI Transportation (Index Points) 123.60 125 128 131 131 137
Money Actual Q1 Q2 Q3 Q4 2020
Interest Rate (%) 6.50 7 7 7.25 7.25 6.75
Cash Reserve Ratio (%) 4.00 4 4 4 4 4
Interbank Rate (%) 6.65 6.65 6.65 6.9 6.9 6.9
Loan Growth (%) 14.50 14.58 14.6 14.6 13 12
Reverse Repo Rate (%) 6.25 6.5 6.5 6.5 6.5 5.5
Trade Actual Q1 Q2 Q3 Q4 2020
Balance of Trade (USD Million) -13080.00 -15269 -15759 -15191 -12900 -11100
Current Account (USD Million) -19100.00 -13000 -15000 -12000 -13500 -14600
Current Account to GDP (%) -1.90 -2.2 -2.2 -2.2 -2.2 -1.8
Imports (USD Million) 41010.00 43232 43212 43209 45900 43000
Exports (USD Million) 27930.00 27962 27453 28019 30000 28900
Terms of Trade (Index Points) 73.30 77.03 77.12 77.2 83.71 78.04
Government Actual Q1 Q2 Q3 Q4 2020
Government Debt to GDP (%) 68.70 69 69 69 69 70
Government Budget (% of GDP) -3.53 -3.4 -3.4 -3.4 -3.4 -3
Government Budget Value (INR Billion) -7166.25 -4878 -4569 -5069 -5800 -6208
Government Spending (INR Billion) 4216.64 3559 4266 4524 4529 4819
Government Revenues (INR Billion) 8965.83 15500 2350 6626 12000 12500
Fiscal Expenditure (INR Billion) 16132.08 20378 6919 11695 17800 18708
Government Spending To GDP (% of GDP) 12.74 12.74 12.74 12.74 12.74 12.74
Taxes Actual Q1 Q2 Q3 Q4 2020
Corporate Tax Rate (%) 35.00 34.61 34.61 34.61 34.61 34.61
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 Q1 Q2 Q3 Q4 2020
Business Confidence (Index Points) 64.90 63.85 56.5 56 55 59
Manufacturing PMI 53.20 51.9 51.8 52 51.4 52.8
Services PMI (Index Points) 53.20 50.4 51.5 51.95 50.5 51.9
Industrial Production (%) 0.50 4.8 4.5 5.4 5 6.5
Manufacturing Production (%) -0.40 6.2 4.8 4 4.4 5.6
Car Production (Units) 197199.00 262936 230628 255336 223719 238720
Mining Production (%) 2.70 2.3 1.7 1.91 2 2.1
Cement Production (Thousands of Tonnes ) 26098.00 29690 26097 27058 28780 29791
Composite Pmi 53.60 52 52.4 53 51.8 52.5
Consumer Actual Q1 Q2 Q3 Q4 2020
Consumer Confidence (Index Points) 94.00 100 96 98 100 97
Consumer Spending (INR Billion) 18516.44 19701 19212 19192 19887 21159
Bank Lending Rate (%) 9.45 9.45 9.45 9.7 9.7 9.7
Gasoline Prices (USD/Liter) 0.99 0.93 0.91 0.89 0.87 0.87
Housing Actual Q1 Q2 Q3 Q4 2020
Construction Output (%) 3.50 5.01 4.4 5.02 5.1 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.