Table A.2: Annual Forecasts for 2015-16 |
|
Key Macroeconomic Indicators |
Annual Forecasts for 2015-16 |
Mean |
Median |
Max |
Min |
1 |
Real GVA at basic prices (growth rate in per cent) |
7.9 |
7.9 |
8.4 |
7.1 |
a |
Agriculture & Allied Activities (growth rate in per cent) |
3.0 |
3.4 |
4.0 |
0.8 |
b |
Industry (growth rate in per cent) |
6.5 |
6.3 |
9.1 |
5.4 |
c |
Services (growth rate in per cent) |
10.0 |
10.1 |
11.2 |
8.7 |
2 |
Private Final Consumption Expenditure at current market price (growth rate in per cent) |
13.3 |
13.0 |
18.0 |
11.0 |
3 |
Gross Saving (per cent of Gross National Disposable Income) |
30.9 |
31.0 |
32.5 |
28.1 |
4 |
Gross Fixed Capital Formation (per cent of GDP) |
29.7 |
29.3 |
32.0 |
27.3 |
5 |
Money Supply (M3) (growth rate in per cent) |
13.9 |
13.5 |
17.0 |
11.5 |
6 |
Bank Credit of Scheduled Commercial banks (growth rate in per cent) |
14.1 |
14.0 |
16.0 |
11.6 |
7 |
Combined Gross Fiscal Deficit (per cent of GDP) |
6.2 |
6.3 |
6.8 |
5.7 |
8 |
Central Government Gross Fiscal Deficit (per cent of GDP) |
3.8 |
3.9 |
4.0 |
3.5 |
9 |
Repo Rate(end period) |
7.0 |
7.0 |
7.5 |
6.5 |
10 |
CRR (end period) |
3.9 |
4.0 |
4.0 |
3.3 |
11 |
Yield of 91-Days Treasury Bills (end period) |
7.6 |
7.5 |
8.0 |
7.0 |
12 |
YTM of Central Govt. Securities with term to maturity of 10-years (end period) |
7.3 |
7.3 |
8.3 |
6.8 |
13 |
Overall Balance of Payments (in US $ bn.) |
48.2 |
49.4 |
78.9 |
5.0 |
14 |
Merchandise Exports (in US $ bn.) |
344.9 |
339.9 |
478.2 |
313.0 |
15 |
Merchandise Exports (growth rate in per cent) |
4.8 |
3.4 |
27.0 |
-1.2 |
16 |
Merchandise Imports (in US $ bn.) |
477.6 |
478.2 |
568.0 |
443.1 |
17 |
Merchandise Imports (growth rate in per cent) |
2.8 |
2.0 |
21.0 |
-3.0 |
18 |
Merchandise Trade Balance (per cent of GDP) |
-6.2 |
-6.3 |
-4.2 |
-7.3 |
19 |
Net Invisible Balance (in US $ bn.) |
119.2 |
119.2 |
130.0 |
110.0 |
20 |
Current Account Balance (in US $ bn.) |
-22.1 |
-20.0 |
-1.1 |
-54.0 |
21 |
Current Account Balance (per cent of GDP) |
-1.1 |
-1.0 |
-0.1 |
-2.2 |
22 |
Capital Account Balance (in US $ bn.) |
67.3 |
66.5 |
83.1 |
40.0 |
23 |
Capital Account Balance (per cent of GDP) |
2.9 |
2.9 |
4.0 |
1.9 |