Table A.1: Annual Forecasts for 2016-17 |
| Key Macroeconomic Indicators | Annual Forecasts for 2016-17 |
| | Mean | Median | Max | Min |
1 | Real GVA at basic prices (growth rate in per cent) | 7.6 | 7.6 | 7.9 | 7.3 |
a | Agriculture & Allied Activities (growth rate in per cent) | 3.0 | 2.9 | 4.2 | 1.6 |
b | Industry (growth rate in per cent) | 7.6 | 7.6 | 9.2 | 5.9 |
c | Services (growth rate in per cent) | 8.9 | 8.8 | 9.9 | 7.6 |
2 | Private Final Consumption Expenditure at current market price (growth rate in per cent) | 10.5 | 10.7 | 12.8 | 7.8 |
3 | Gross Saving (per cent of Gross National Disposable Income) | 31.9 | 31.5 | 34.0 | 30.5 |
4 | Gross Fixed Capital Formation (per cent of GDP) | 31.1 | 31.0 | 32.5 | 29.5 |
5 | Money Supply (M3) (growth rate in per cent) | 12.1 | 12.3 | 13.5 | 10.5 |
6 | Bank Credit of Scheduled Commercial banks (growth rate in per cent) | 12.5 | 12.0 | 16.9 | 10.8 |
7 | Combined Gross Fiscal Deficit (per cent of GDP) | 6.4 | 6.5 | 6.8 | 5.9 |
8 | Central Government Gross Fiscal Deficit (per cent of GDP) | 3.2 | 3.5 | 4.0 | -3.5 |
9 | Repo Rate (end period) | 6.28 | 6.25 | 6.50 | 6.00 |
10 | CRR (end period) | 3.96 | 4.00 | 4.00 | 3.50 |
11 | Yield of 91-Days Treasury Bills (end period) | 6.9 | 6.9 | 7.7 | 6.5 |
12 | YTM of Central Govt. Securities with term to maturity of 10-years (end period) | 7.2 | 7.2 | 7.6 | 7.0 |
13 | Overall Balance of Payments (in US $ bn.) | 34.9 | 34.3 | 62.1 | 18.1 |
14 | Merchandise Exports (in US $ bn.) | 268.5 | 266.2 | 293.7 | 231.0 |
15 | Merchandise Exports (growth rate in per cent) | -2.3 | 1.0 | 10.3 | -17.7 |
16 | Merchandise Imports (in US $ bn.) | 408.0 | 406.6 | 449.7 | 356.0 |
17 | Merchandise Imports (growth rate in per cent) | 0.6 | 3.1 | 14.6 | -15.2 |
18 | Merchandise Trade Balance (per cent of GDP) | -13.2 | -6.3 | 6.2 | -143.4 |
19 | Net Invisible Balance (in US $ bn.) | 114.7 | 114.7 | 130.2 | 83.4 |
20 | Current Account Balance (in US $ bn.) | -20.8 | -22.0 | 22.6 | -36.0 |
21 | Current Account Balance (per cent of GDP) | -0.9 | -1.1 | 1.0 | -1.6 |
22 | Capital Account Balance (in US $ bn.) | 61.4 | 59.5 | 122.1 | 32.7 |
23 | Capital Account Balance (per cent of GDP) | 2.6 | 2.6 | 3.3 | 1.6 |