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 |
5.6 |
a |
Agriculture & Allied Activities (growth rate in per cent) |
3.6 |
3.5 |
4.6 |
2.2 |
b |
Industry (growth rate in per cent) |
5.1 |
5.3 |
7.2 |
2.9 |
c |
Services (growth rate in per cent) |
7.5 |
7.5 |
8.5 |
6.9 |
2 |
Private Final Consumption Expenditure at current market price (growth rate in per cent) |
13.1 |
13.0 |
15.0 |
11.0 |
3 |
Gross Domestic Saving (per cent of GDP) |
31.9 |
32.0 |
33.3 |
29.5 |
4 |
Gross Fixed Capital Formation (per cent of GDP) |
30.6 |
30.7 |
33.0 |
27.0 |
5 |
Money Supply (M3) (growth rate in per cent) |
14.9 |
14.5 |
17.0 |
13.9 |
6 |
Bank Credit of Scheduled Commercial banks (growth rate in per cent) |
15.6 |
15.0 |
19.4 |
14.0 |
7 |
Combined Gross Fiscal Deficit (per cent of GDP) |
6.3 |
6.3 |
7.0 |
5.5 |
8 |
Central Government Gross Fiscal Deficit (per cent of GDP) |
3.8 |
3.8 |
4.8 |
3.5 |
9 |
Repo Rate(end period) |
7.30 |
7.50 |
8.00 |
6.00 |
10 |
CRR (end period) |
3.91 |
4.00 |
4.00 |
3.00 |
11 |
Yield of 91-Days Treasury Bills (end period) |
7.7 |
7.8 |
8.6 |
7.0 |
12 |
YTM of Central Govt. Securities with term to maturity of 10-years (end period) |
7.7 |
7.6 |
8.3 |
7.2 |
13 |
Overall Balance of Payments (in US $ bn.) |
36.0 |
36.9 |
60.0 |
5.0 |
14 |
Merchandise Exports (in US $ bn.) |
371.7 |
372.1 |
414.0 |
350.0 |
15 |
Merchandise Exports (growth rate in per cent) |
9.4 |
9.4 |
15.0 |
5.9 |
16 |
Merchandise Imports (in US $ bn.) |
537.2 |
535.0 |
598.1 |
503.0 |
17 |
Merchandise Imports (growth rate in per cent) |
9.4 |
9.6 |
16.3 |
4.6 |
18 |
Merchandise Trade Balance (per cent of GDP) |
-7.2 |
-7.0 |
-6.4 |
-8.9 |
19 |
Net Invisible Balance (in US $ bn.) |
124.3 |
120.1 |
158.5 |
116.4 |
20 |
Current Account Balance (in US $ bn.) |
-43.4 |
-43.9 |
-24.0 |
-54.2 |
21 |
Current Account Balance (per cent of GDP) |
-1.9 |
-1.9 |
-1.4 |
-2.4 |
22 |
Capital Account Balance (in US $ bn.) |
77.9 |
76.3 |
110.0 |
54.0 |
23 |
Capital Account Balance (per cent of GDP) |
3.3 |
3.3 |
4.3 |
2.6 |