Table A.1: Annual Forecasts for 2014-15 |
|
Key Macroeconomic Indicators |
Annual Forecasts for 2014-15 |
Mean |
Median |
Max |
Min |
1 |
Real GDP at factor cost (growth rate in per cent) |
5.4 |
5.3 |
5.9 |
5.0 |
a |
Agriculture & Allied Activities (growth rate in per cent) |
2.0 |
2.1 |
3.9 |
0.1 |
b |
Industry (growth rate in per cent) |
3.3 |
3.3 |
5.0 |
0.9 |
c |
Services (growth rate in per cent) |
6.8 |
7.0 |
7.6 |
4.3 |
2 |
Private Final Consumption Expenditure at current market price (growth rate in per cent) |
12.0 |
12.0 |
15.5 |
5.4 |
3 |
Gross Domestic Saving (per cent of GDP) |
30.7 |
31.0 |
32.0 |
29.0 |
4 |
Gross Fixed Capital Formation (per cent of GDP) |
29.7 |
30.0 |
31.6 |
26.5 |
5 |
Money Supply (M3) (growth rate in per cent) |
14.2 |
14.0 |
18.0 |
12.0 |
6 |
Bank Credit (growth rate in per cent) |
15.5 |
15.5 |
17.1 |
14.5 |
7 |
Combined Gross Fiscal Deficit (per cent of GDP) |
6.6 |
6.6 |
7.5 |
6.1 |
8 |
Central Government Gross Fiscal Deficit (per cent of GDP) |
4.3 |
4.3 |
5.0 |
4.1 |
9 |
Repo Rate(end period) |
7.79 |
8.00 |
8.25 |
7.00 |
10 |
CRR (end period) |
3.99 |
4.00 |
4.00 |
3.75 |
11 |
Yield of 91-Days Treasury Bills (end period) |
8.4 |
8.5 |
9.0 |
7.5 |
12 |
YTM of Central Govt. Securities with term to maturity of 10-years (end period) |
8.4 |
8.5 |
9.1 |
7.7 |
13 |
Overall Balance of Payments (in US $ bn.) |
27.2 |
26.0 |
56.5 |
4.5 |
14 |
Merchandise Exports (in US $ bn.) |
338.9 |
340.0 |
360.0 |
323.8 |
15 |
Merchandise Exports (growth rate in per cent) |
6.5 |
7.3 |
12.9 |
1.6 |
16 |
Merchandise Imports (in US $ bn.) |
502.0 |
501.0 |
534.7 |
475.0 |
17 |
Merchandise Imports (growth rate in per cent) |
7.9 |
7.6 |
16.8 |
2.9 |
18 |
Merchandise Trade Balance (per cent of GDP) |
-7.9 |
-7.8 |
-7.1 |
-9.2 |
19 |
Net Invisible Balance (in US $ bn.) |
119.2 |
118.0 |
138.2 |
112.1 |
20 |
Current Account Balance (in US $ bn.) |
-44.8 |
-42.9 |
-33.6 |
-81.4 |
21 |
Current Account Balance (per cent of GDP) |
-2.1 |
-2.1 |
-1.6 |
-3.8 |
22 |
Capital Account Balance (in US $ bn.) |
82.3 |
70.0 |
333.0 |
55.0 |
23 |
Capital Account Balance (per cent of GDP) |
3.3 |
3.3 |
4.4 |
2.5 |