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 | 6.4 | 6.8 | 5.9 |
a | Agriculture & Allied Activities (growth rate in per cent) | 3.3 | 3.0 | 4.6 | 1.4 |
b | Industry (growth rate in per cent) | 4.9 | 5.0 | 6.6 | 3.1 |
c | Services (growth rate in per cent) | 7.5 | 7.5 | 8.2 | 6.9 |
2 | Private Final Consumption Expenditure at current market price (growth rate in per cent) | 12.9 | 12.9 | 15.0 | 10.9 |
3 | Gross Domestic Saving (per cent of GDP) | 31.3 | 31.3 | 32.5 | 29.5 |
4 | Gross Fixed Capital Formation (per cent of GDP) | 29.8 | 29.7 | 32.0 | 27.0 |
5 | Money Supply (M3) (growth rate in per cent) | 14.4 | 14.0 | 17.0 | 11.0 |
6 | Bank Credit of Scheduled Commercial banks (growth rate in per cent) | 15.2 | 15.0 | 19.4 | 13.0 |
7 | Combined Gross Fiscal Deficit (per cent of GDP) | 6.1 | 6.0 | 6.8 | 5.7 |
8 | Central Government Gross Fiscal Deficit (per cent of GDP) | 3.8 | 3.8 | 4.0 | 3.5 |
9 | Repo Rate(end period) | 7.15 | 7.25 | 7.50 | 6.50 |
10 | CRR (end period) | 4.00 | 4.00 | 4.00 | 4.00 |
11 | Yield of 91-Days Treasury Bills (end period) | 7.4 | 7.3 | 8.1 | 7.0 |
12 | YTM of Central Govt. Securities with term to maturity of 10-years (end period) | 7.4 | 7.5 | 8.0 | 6.7 |
13 | Overall Balance of Payments (in US $ bn.) | 36.3 | 33.7 | 68.8 | 5.0 |
14 | Merchandise Exports (in US $ bn.) | 355.7 | 353.0 | 414.0 | 317.0 |
15 | Merchandise Exports (growth rate in per cent) | 7.1 | 7.2 | 15.0 | -1.0 |
16 | Merchandise Imports (in US $ bn.) | 512.2 | 506.9 | 615.0 | 453.0 |
17 | Merchandise Imports (growth rate in per cent) | 6.1 | 6.4 | 12.0 | -2.0 |
18 | Merchandise Trade Balance (per cent of GDP) | -7.0 | -7.0 | -5.1 | -8.4 |
19 | Net Invisible Balance (in US $ bn.) | 125.8 | 119.7 | 218.0 | 111.5 |
20 | Current Account Balance (in US $ bn.) | -36.6 | -38.6 | -5.7 | -54.2 |
21 | Current Account Balance (per cent of GDP) | -1.7 | -1.8 | -0.2 | -2.6 |
22 | Capital Account Balance (in US $ bn.) | 72.6 | 72.8 | 93.0 | 58.7 |
23 | Capital Account Balance (per cent of GDP) | 3.2 | 3.1 | 4.2 | 2.6 |