Table A.2: Annual Forecasts for 2015-16 |
|
Key Macroeconomic Indicators |
Annual Forecasts for 2015-16 |
Mean |
Median |
Max |
Min |
1 |
Real GDP at factor cost (growth rate in per cent) |
6.4 |
6.5 |
6.8 |
5.4 |
a |
Agriculture & Allied Activities (growth rate in per cent) |
3.6 |
3.5 |
4.6 |
2.2 |
b |
Industry (growth rate in per cent) |
4.9 |
5.0 |
6.5 |
1.2 |
c |
Services (growth rate in per cent) |
7.6 |
7.6 |
8.5 |
6.9 |
2 |
Private Final Consumption Expenditure at current market price (growth rate in per cent) |
12.6 |
12.9 |
15.3 |
6.5 |
3 |
Gross Domestic Saving (per cent of GDP) |
32.0 |
32.0 |
33.0 |
30.5 |
4 |
Gross Fixed Capital Formation (per cent of GDP) |
30.4 |
30.4 |
33.0 |
27.8 |
5 |
Money Supply (M3) (growth rate in per cent) |
15.1 |
14.9 |
18.0 |
13.5 |
6 |
Bank Credit of Scheduled Commercial banks (growth rate in per cent) |
16.2 |
16.0 |
20.0 |
13.5 |
7 |
Combined Gross Fiscal Deficit (per cent of GDP) |
6.3 |
6.1 |
7.0 |
5.6 |
8 |
Central Government Gross Fiscal Deficit (per cent of GDP) |
3.9 |
3.9 |
4.8 |
3.6 |
9 |
Repo Rate(end period) |
7.39 |
7.50 |
8.00 |
6.50 |
10 |
CRR (end period) |
3.93 |
4.00 |
4.00 |
3.50 |
11 |
Yield of 91-Days Treasury Bills (end period) |
8.0 |
7.9 |
8.6 |
7.2 |
12 |
YTM of Central Govt. Securities with term to maturity of 10-years (end period) |
8.0 |
8.0 |
8.5 |
7.2 |
13 |
Overall Balance of Payments (in US $ bn.) |
31.0 |
31.2 |
50.0 |
17.0 |
14 |
Merchandise Exports (in US $ bn.) |
383.6 |
379.2 |
493.0 |
347.2 |
15 |
Merchandise Exports (growth rate in per cent) |
10.2 |
10.0 |
15.0 |
5.0 |
16 |
Merchandise Imports (in US $ bn.) |
548.9 |
550.1 |
596.3 |
512.7 |
17 |
Merchandise Imports (growth rate in per cent) |
10.9 |
10.8 |
20.0 |
5.0 |
18 |
Merchandise Trade Balance (per cent of GDP) |
-7.4 |
-7.3 |
-6.9 |
-8.0 |
19 |
Net Invisible Balance (in US $ bn.) |
123.9 |
122.2 |
139.1 |
116.4 |
20 |
Current Account Balance (in US $ bn.) |
-50.1 |
-50.0 |
-42.2 |
-63.0 |
21 |
Current Account Balance (per cent of GDP) |
-2.2 |
-2.2 |
-1.8 |
-2.6 |
22 |
Capital Account Balance (in US $ bn.) |
80.8 |
80.0 |
100.0 |
62.2 |
23 |
Capital Account Balance (per cent of GDP) |
3.4 |
3.2 |
4.0 |
2.7 |