INDIA'S MACROECONOMIC INDICATORS

INDICATORS 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18
f f
GDP (at current prices, US$ bn) 1365.4 1708.5 1823.0 1829.0 1863.2 2042.4 2073.7 2230.8 2406.8
GDP Per capita (US$) 1146.7 1411.7 1482.1 1462.9 1466.4 1581.6 1579.8 - -
p f
Real GDP Growth (%) 8.6 8.9 6.7 5.5** 6.4** 7.5** 8.0** 7.1 ** 7.2 **
** p
Agriculture & allied activities 0.8 8.6 5.0 1.5** 5.6** -0.3** 0.7 4.9 ** -
Industry 9.2 7.6 7.8 3.4** 4.2** 6.9** 8.8** 5.6p** -
Services 10.5 9.7 6.6 8.3** 7.7** 9.5** 9.7** 7.7p** -
Sectoral Share in GDP (%)
Agriculture & allied activities 14.6 14.6 18.5** 18.3** 18.6** 18.0** 17.5p** 17.4ae** -
Industry 28.3 27.9 32.5** 31.7** 30.8** 30.2** 29.6p** 28.8ae** -
p** ae
Services 57.1 57.5 49.0** 50.0** 50.6** 51.8** 52.9 53.8 ** -
Population (mn) 1190.7 1210.2 1230.0 1250.2 1270.6 1291.4 1312.6 - -
Inflation rate (CPI, annual avg. %) 12.2 10.4 8.3 10.1** 9.3** 5.8** 4.9** 3.8** 2.18 (May '17)**
Inflation rate (WPI, annual avg. %) 3.8 9.6 8.9 6.9** 5.2** 1.3** -3.7** 1.7** 2.17 (May '17)**
Gross Fiscal Deficit (% of GDP) 6.5 4.8 5.9 4.9 4.5 4.1 3.9e 3.5e 3.2e
Exchange Rate (`/US$, avg.) 47.4 45.6 47.9 54.4 60.5 61.1 65.5 67.1 64.74 (Jun 30,'17)
Exchange Rate (`/Euro, avg.) 67.1 60.2 65.9 70.1 81.2 77.5 72.3 73.6 74.00 (Jun 30,'17)
Exports (US$ bn) 178.8 249.8 306.0 300.4 314.4 310.3 262.3 276.5 48.6 (Apr-May '17)
% change -3.5 39.8 22.5 -1.8 4.7 -1.3 -15.5 5.4 13.8^
Oil Exports (US$ bn) 28.2 36.4 56.7 60.9 63.2 56.7 30.6 31.6 3.0 (Apr '17)
% change 2.3 29.0 55.9 7.3 3.8 -10.2 -46.1 3.4 41.7^
Non-oil Exports (US$ bn) 150.6 213.4 249.2 239.5 251.2 253.6 231.7 244.9 21.7 (Apr '17)
% change -4.6 41.8 16.8 -3.9 4.9 0.9 -8.6 5.7 15.3^
Imports (US$ bn) 288.4 369.8 489.3 490.7 450.2 448.0 381.0 382.7 75.7 (Apr-May '17)
% change -5.1 28.2 32.3 0.3 -8.3 -0.5 -15.0 0.5 40.6^
Oil Imports (US$ bn) 87.1 106.0 155.0 164.0 164.8 138.3 82.9 86.9 15.1 (Apr-May '17)
% change -7.0 21.6 46.2 5.9 0.4 -16.0 -40.0 4.7 29.8^
Non-oil Imports (US$ bn) 201.2 263.8 334.3 326.7 285.4 309.7 298.1 295.9 60.6 (Apr-May '17)
% change -4.2 31.1 26.7 -2.3 -12.6 8.5 -3.8 -0.7 43.6^
Trade Balance (US$ bn) -109.6 -120.0 -183.3 -190.3 -135.8 -137.7 -118.7 -106.2 -27.1 (Apr-May '17)
Services Exports (US$ bn) 96.0 124.6 140.9 145.7 151.8 158.1 154.3 163.1 12.9 (Apr '17)
Software Exports (US$ bn) 49.7 53.1 62.2 65.9 69.4 73.1 74.2 73.7 -
Services Imports (US$ bn) 60.0 80.6 76.9 80.8 78.7 81.6 84.6 95.7 7.2 (Apr '17)
Services Balance (US$ bn) 36.0 44.0 64.0 64.9 73.1 76.5 69.7 67.4 5.7 (Apr '17)
Current Account Balance (US$ bn) -38.4 -47.9 -78.2 -87.8 -32.4 -26.8 -22.1 -15.2 -
CAB as percentage of GDP (%) -2.8 -2.8 -4.2 -4.8 -1.7 -1.3 -1.1 -0.7 -
Forex Reserves (US$ bn) 279.1 304.8 294.4 292.0 304.2 341.6 360.2 370.0 382.5 (Jun 23,'17)
External Debt (US$ bn) 260.9 317.9 360.8 409.4 446.2 474.7 485.0 471.9 -
External Debt to GDP Ratio (%) 18.2 18.2 20.5 22.3 23.9 23.2 23.5 20.2 -
Short Term Debt (US$ bn) 52.3 65.0 78.2 96.7 91.7 85.5 83.4 88.0 -
Short Term Debt / Total Debt (%) 20.1 20.4 21.7 23.6 20.5 18.0 17.2 18.6 -
Total Debt Service Ratio (%) 5.8 4.4 6.0 5.9 5.9 7.6 8.8 8.3 -
FDI (US$ bn) 37.7 36.0 46.6 34.3 36.0 45.1 55.6 60.0 4.6 (Apr '17)
GDRs/ADRs (US$ bn) 3.3 2.0 0.6 0.2 0.02 1.3 0.4 - -
FIIs (net) (US$ bn) 29.0 29.4 16.8 27.6 5.0 40.9 -4.0 7.7 2.7 (Apr '17)
FDI Outflows (US$ bn) 15.1 17.2 10.9 7.1 9.2 4.0 8.9 7.0 0.5 (Apr '17)
f f
Memo Items: 2010 2011 2012 2013 2014 2015 2016 2017 2018
Global GDP (% change) 5.4 4.2 3.5 3.4 3.5 3.4 3.1 3.5 3.6
Advanced Economies 3.1 1.7 1.2 1.3 2.0 2.1 1.7 2.0 2.0
Emerging and Developing Economies 7.4 6.3 5.4 5.1 4.7 4.2 4.1 4.5 4.8
World Merch. Trade (Vol., % change) 14.3 6.9 2.4 3.4 3.1 2.2 2.2 3.9 4.0
World Merch. Exports (US$ trn) 14.9 17.9 18.0 18.5 18.6 16.2 15.7 16.8 17.6
Growth in Value of World Merch. Exports (%) 20.7 20.2 0.7 2.4 0.5 -12.9 -2.8 3.9 12.0
Source : Economic Survey, Various issues; Union Budget, RBI Monthly Bulletin, Annual Report & Weekly Statistical Supplement; Ministry of Finance; CSO; EIU; NASSCOM; Ministry of Commerce & Industry;
Institute of International Finance (IIF); WEO, IMF.

Note: e - GOI's estimates; p - EAC, GOI's Provisional Estimate; f- IIF Estimates; - Not Available; @ - IIF Forecast; ^-% change is over corresponding period of the previous year; '- not available; ** - Data as per the
revised base year 2011-12; ^- implies growth over the corresponding period in the preceding year

Updated on Jun 30, 2017