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
| Overview | Actual | Q2/17 | Q3/17 | Q4/17 | Q1/18 | 2020 | |
| GDP Growth Rate | 1.6 | 1.8 | 1.6 | 1.5 | 1.7 | 1.3 | percent |
| Unemployment Rate | 4.9 | 4.8 | 4.8 | 4.7 | 4.8 | 4.6 | percent |
| Inflation Rate | 3.81 | 4.2 | 4.4 | 4.5 | 4.9 | 4.8 | percent |
| Interest Rate | 6.25 | 6.25 | 6.25 | 6.25 | 6.25 | 4.75 | percent |
| Balance of Trade | -10437 | -7700 | -8000 | -7800 | -9500 | -10100 | USD Million |
| Government Debt to GDP | 69 | 67 | 67 | 67 | 70.96 | 70 | percent |
| MARKETS | Actual | Q2/17 | Q3/17 | Q4/17 | Q1/18 | 2020 | |
| Currency | 64.2 | 65.72 | 66.37 | 68.32 | 67.67 | 78.08 | |
| Stock Market | 29913.7 | 29500 | 29200 | 28300 | 28600 | 23800 | points |
| Government Bond 10Y | 6.96 | 6.73 | 6.79 | 6.86 | 6.93 | 7.99 | percent |
| GDP | Actual | Q2/17 | Q3/17 | Q4/17 | Q1/18 | 2020 | |
| GDP Growth Rate | 1.6 | 1.8 | 1.6 | 1.5 | 1.7 | 1.3 | percent |
| GDP Annual Growth Rate | 7 | 6.5 | 7 | 7.1 | 6.9 | 5.7 | percent |
| GDP | 2088.8 | 2190 | 2190 | 2190 | 2300 | 3100 | USD Billion |
| GDP Constant Prices | 30278.9 | 33900 | 35000 | 36200 | 34350 | 48500 | INR Billion |
| Gross National Product | 56738.6 | 57966 | 58590 | 59214 | 59878 | 71443 | INR Billion |
| Gross Fixed Capital Formation | 8797.63 | 8400 | 8850 | 8938 | 8976 | 11000 | INR Billion |
| GDP per capita | 1751.7 | 2000 | 2000 | 2000 | 2500 | 3500 | USD |
| GDP per capita PPP | 5733.45 | 6100 | 6100 | 6100 | 6500 | 7000 | USD |
| GDP From Agriculture | 5418.51 | 3309 | 3989 | 4219 | 3671 | 4130 | IND Billion |
| GDP From Construction | 2184.66 | 2136 | 2163 | 2143 | 2156 | 2530 | IND Billion |
| GDP From Manufacturing | 4756.18 | 5132 | 5074 | 5169 | 5290 | 4620 | IND Billion |
| GDP From Mining | 896.84 | 920 | 950 | 960 | 822 | 925 | IND Billion |
| GDP From Public Administration | 3789.44 | 3776 | 3752 | 3769 | 3757 | 3762 | IND Billion |
| GDP From Utilities | 594.35 | 610 | 614 | 620 | 628 | 713 | IND Billion |
| LABOUR | Actual | Q2/17 | Q3/17 | Q4/17 | Q1/18 | 2020 | |
| Unemployment Rate | 4.9 | 4.8 | 4.8 | 4.7 | 4.8 | 4.6 | percent |
| Employed Persons | 29650 | 29785 | 30013 | 30240 | 30312 | 32200 | Thousand |
| Unemployed Persons | 48.26 | 49.11 | 49.55 | 49.99 | 50.31 | 54.44 | Million |
| Labor Force Participation Rate | 52.5 | 51.9 | 51.51 | 52.45 | 51.46 | 55.32 | percent |
| Population | 1299 | 1305 | 1309 | 1311 | 1315 | 1340 | Million |
| Retirement Age Women | 60 | 60 | 60 | 60 | 60 | 60 | |
| Retirement Age Men | 60 | 60 | 60 | 60 | 60 | 60 | |
| Living Wage Family | 19735.1 | 20900 | 21400 | 22000 | 22500 | 27000 | INR/Month |
| Living Wage Individual | 12109.8 | 12600 | 12500 | 13000 | 13100 | 18000 | INR/Month |
| Wages | 272.19 | 280 | 284 | 289 | 292 | 356 | INR/Day |
| Wages High Skilled | 50300 | 52500 | 53100 | 54500 | 57000 | 87500 | INR/Month |
| Wages In Manufacturing | 347.3 | 378 | 382 | 400 | 402 | 425 | INR/Day |
| Wages Low Skilled | 11900 | 14000 | 14600 | 15000 | 10620 | 18000 | INR/Month |
| Youth Unemployment Rate | 12.9 | 15.5 | 15.5 | 15.5 | 15.5 | 13.5 | percent |
| PRICES | Actual | Q2/17 | Q3/17 | Q4/17 | Q1/18 | 2020 | |
| Inflation Rate | 3.81 | 4.2 | 4.4 | 4.5 | 4.9 | 4.8 | percent |
| Consumer Price Index CPI | 130.8 | 32 | 134 | 138 | 140 | 158 | Index Points |
| GDP Deflator | 125.4 | 120 | 123 | 127 | 120 | 140 | Index Points |
| Producer Prices | 185.3 | 192 | 196 | 200 | 205 | 250 | Index Points |
| Producer Prices Change | 5.7 | 0 | 7.1 | 7 | 7.1 | 5.9 | percent |
| Export Prices | 300 | 309 | 309 | 310 | 310 | 359 | Index Points |
| Import Prices | 518 | 532 | 532 | 531 | 500 | 510 | Index Points |
| Food Inflation | 1.93 | 2.7 | 2.7 | 3 | 3.1 | 3.3 | percent |
| Cpi Transportation | 117.6 | 120 | 123 | 128 | 132 | 151 | Index Points |
| Inflation Rate Mom | 0.15 | 0.1 | 0.3 | 0.4 | 0.5 | 0.32 | percent |
| MONEY | Actual | Q2/17 | Q3/17 | Q4/17 | Q1/18 | 2020 | |
| Interest Rate | 6.25 | 6.25 | 6.25 | 6.25 | 6.25 | 4.75 | percent |
| Cash Reserve Ratio | 4 | 4 | 4 | 4 | 4 | 4 | percent |
| Interbank Rate | 6.27 | 6.56 | 6.3 | 6.3 | 6.25 | 5.5 | percent |
| Money Supply M1 | 22590.3 | 20160 | 19841 | 19878 | 19627 | 19589 | INR Billion |
| Money Supply M2 | 24161.7 | 20071 | 21287 | 19894 | 20139 | 19532 | INR Billion |
| Money Supply M3 | 124308 | 125953 | 128020 | 130064 | 132094 | 154036 | INR Billion |
| Central Bank Balance Sheet | 18800.6 | 19260 | 19748 | 19412 | 19544 | 19517 | INR Billions |
| Foreign Exchange Reserves | 371140 | 372554 | 374397 | 375382 | 375908 | 376511 | USD Million |
| Loan Growth | 5.5 | 6.9 | 6.8 | 7.9 | 4.79 | 7 | percent |
| Reverse Repo Rate | 6 | 5.77 | 5.88 | 6 | 6.04 | 6.01 | percent |
| TRADE | Actual | Q2/17 | Q3/17 | Q4/17 | Q1/18 | 2020 | |
| Balance of Trade | -10437 | -7700 | -8000 | -7800 | -9500 | -10100 | USD Million |
| Exports | 29232.1 | 22300 | 22500 | 23000 | 21700 | 28900 | USD Million |
| Imports | 39669.2 | 30000 | 30500 | 30800 | 31200 | 39000 | USD Million |
| Current Account | -7900 | -1000 | -1500 | -2200 | -3546 | -1460 | USD Million |
| Current Account to GDP | -1.25 | -1.25 | -1.25 | -1.25 | -1.12 | -0.7 | percent |
| External Debt | 456100 | 444000 | 443000 | 434000 | 428000 | 382000 | USD Million |
| Terms of Trade | 57.9 | 63.83 | 66.3 | 68.77 | 69.57 | 76 | Index Points |
| Capital Flows | -19.06 | 11.58 | 24.75 | 28.32 | 16.8 | 13.26 | USD Million |
| Foreign Direct Investment | 874 | 2841 | 2823 | 2806 | 2806 | 2807 | USD Million |
| Remittances | 9888.18 | 9878 | 9843 | 9835 | 9833 | 9830 | USD Million |
| Tourist Arrivals | 956000 | 695549 | 751844 | 802715 | 777488 | 762000 | |
| Gold Reserves | 557.77 | 558 | 558 | 558 | 558 | 558 | Tonnes |
| Crude Oil Production | 735 | 732 | 732 | 732 | 732 | 732 | BBL/D/1K |
| Terrorism Index | 7.48 | 7.52 | 7.48 | 7.45 | 7.45 | 7.7 | |
| Weapons Sales | 33 | 36.1 | 36.09 | 36.09 | 31.89 | 19.68 | USD Million |
| GOVERNMENT | Actual | Q2/17 | Q3/17 | Q4/17 | Q1/18 | 2020 | |
| Government Debt to GDP | 69 | 67 | 67 | 67 | 70.96 | 70 | percent |
| Government Budget | -3.5 | -3.5 | -3.5 | -3.5 | -4.07 | -1.5 | percent of GDP |
| Government Budget Value | -6056.1 | -4249 | -4495 | -4545 | -4506 | -1220 | INR Billion |
| Government Spending | 3165.95 | 3443 | 3585 | 3120 | 3534 | 3520 | INR Billion |
| Government Revenues | 11474.1 | 4020 | 5824 | 6643 | 5893 | 6029 | INR Billion |
| Fiscal Expenditure | 17530.2 | 8378 | 10522 | 11173 | 10450 | 10618 | INR Billion |
| Military Expenditure | 51115.9 | 51932 | 51617 | 51302 | 51305 | 53020 | USD Million |
| BUSINESS | Actual | Q2/17 | Q3/17 | Q4/17 | Q1/18 | 2020 | |
| Business Confidence | 57.2 | 55 | 54.5 | 56 | 56.8 | 59 | |
| Manufacturing PMI | 52.5 | 52 | 52.8 | 53.3 | 52.8 | 51.2 | |
| Services PMI | 51.5 | 52 | 53 | 54 | 52.9 | 51.9 | Index Points |
| Industrial Production | -1.2 | 1.1 | 2.3 | 2.4 | 1.2 | 1.5 | percent |
| Industrial Production Mom | 3.9 | 2.41 | 0.3 | 1.41 | 1.46 | 0.87 | percent |
| Manufacturing Production | -2 | 1.3 | 1 | -0.42 | 0.9 | 2.6 | percent |
| Changes in Inventories | 730.7 | 731 | 717 | 716 | 703 | 702 | INR Billion |
| Car Production | 269371 | 243183 | 252537 | 248813 | 250380 | 249905 | Units |
| Car Registrations | 262735 | 245973 | 250022 | 249210 | 249311 | 249314 | Cars |
| Cement Production | 21454 | 23753 | 23254 | 22886 | 22935 | 22999 | Thousands of Tonnes |
| Competitiveness Index | 4.52 | 4.52 | 4.52 | 4.52 | 4.61 | 5.51 | Points |
| Competitiveness Rank | 39 | 55 | 55 | 55 | 45 | 51 | |
| Composite Pmi | 52.3 | 51.5 | 52.4 | 52.9 | 54 | 51.6 | |
| Corruption Index | 40 | 38 | 38 | 38 | 40 | 42 | Points |
| Corruption Rank | 79 | 76 | 79 | 76 | 79 | 72 | |
| Ease of Doing Business | 130 | 1290 | 129 | 129 | 133 | 126 | |
| Steel Production | 8113 | 8227 | 8215 | 8233 | 8233 | 8230 | Thousand Tonnes |
| Mining Production | 3.3 | 3.5 | 4.1 | 2.3 | 1.9 | 2.1 | percent |
| Mni Business Sentiment | 66 | 63.4 | 64 | 64.29 | 64.3 | 64.7 | |
| CONSUMER | Actual | Q2/17 | Q3/17 | Q4/17 | Q1/18 | 2020 | |
| Consumer Confidence | 136 | 127 | 133 | 132 | 130 | 133 | |
| Consumer Spending | 17783.5 | 17900 | 18100 | 19700 | 19950 | 21000 | INR Billion |
| Disposable Personal Income | 1.5E+08 | 1.6E+08 | 1.6E+08 | 1.7E+08 | 1.7E+08 | 2.3E+08 | INR Million |
| Personal Savings | 26099.2 | 26928 | 27213 | 27498 | 27930 | 31398 | INR Billion |
| Bank Lending Rate | 9.65 | 9.7 | 9.7 | 9.7 | 9.7 | 7.5 | percent |
| Gasoline Prices | 1.02 | 1.02 | 1.03 | 0.97 | 0.96 | 0.86 | USD/Liter |
| Households Debt To Gdp | 10.5 | 10.84 | 10.92 | 11 | 11.07 | 11.4 | percent of GDP |
| Mni Consumer Sentiment | 112.7 | 112 | 112 | 112 | 112 | 112 | |
| HOUSING | Actual | Q2/17 | Q3/17 | Q4/17 | Q1/18 | 2020 | |
| Housing Index | 238 | 247 | 249 | 251 | 216 | 264 | Index Points |
| Construction Output | 1 | 4.2 | 4.5 | 4.4 | 3.9 | 3 | percent |
| TAXES | Actual | Q2/17 | Q3/17 | Q4/17 | Q1/18 | 2020 | |
| Corporate Tax Rate | 34.61 | 34.61 | 34.63 | 34 | 34 | 33 | percent |
| Personal Income Tax Rate | 35.54 | 35.54 | 35.54 | 35.54 | 35.54 | 35.54 | percent |
| Sales Tax Rate | 15 | 15 | 15 | 15 | 15 | 18 | percent |
| Social Security Rate | 24 | 24 | 24 | 24 | 24 | 24 | percent |
| Social Security Rate For Companies | 12 | 12 | 12 | 12 | 12 | 12 | percent |
| Social Security Rate For Employees | 12 | 12 | 12 | 12 | 12 | 12 | percent |
Credit : Trading Economics
