Table 1

1980-85

    1985-90

    1990-91

    1991-92

    1992-93

    1993-94

    1994-95

    1995-96

    1996-97

    1997-98

Real GDP Growth(%)

5.7

6

5.4

0.8

5.3

6.2

7.8

7.2

7.5

5.1

Saving Rate(%)

19.4

20.6

24.3

22.9

22.0

22.7

25.6

25.3

26.1

na

Investment Rate(%)

20.9

23.1

27.7

23.4

23.9

23.3

26.9

27.1

27.3

na

ICOR (%)

3.6

3.9

4.8

51.4

4.3

4.7

3.6

4.0

4.0

na

CAD (% of GDP)

1.6

2.3

3.2

0.4

1.8

0.4

1.1

1.8

1.2

1.7

Capital Account (% of GDP)

0.6

2.3

2.4

1.5

1.3

3.8

3

1.4

3.1

2.9

Reserves/Imports (Months)

4.1

3.4

2.5

5.3

4.9

8.6

8.4

6.0

6.6

7.3

External Debt, end-March (US $ bn)

28.8

75.80

83.80

85.29

90.02

92.70

99.01

92.98

93.43

94.40

External Debt, end-March (% of GDP)

15.6

28.5

30.4

41.0

39.8

35.8

32.3

28.3

26.2

26.4

Short term Debt, end-March (US $ bn)

na

7.50

8.54

7.07

6.34

3.63

4.27

5.05

6.73

5.03

M3 Growth (%)

17.0

17.6

15.1

19.3

15.7

18.4

22.3

13.7

16.2

17.6

Domestic Credit Growth (%)

18.0

16.4

13.2

9.4

17.1

8.0

23.1

17.7

9.2

14.9

Inflation, WPI, Average of Weeks (%)

9.3

6.7

10.3

13.7

10.1

8.4

10.9

7.7

6.4

4.8