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Country Report India January 2011
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HTMLOutlook for 2011-15: Forecast summary
| Forecast summary | ||||||
| (% unless otherwise indicated) | ||||||
| 2010a | 2011b | 2012b | 2013b | 2014b | 2015b | |
| Real GDP growthc | 9.1 | 8.9 | 8.7 | 8.5 | 8.7 | 8.7 |
| Industrial production growth | 10.2 | 4.3 | 9.0 | 8.0 | 7.9 | 7.9 |
| Unemployment rate (av) | 10.8 | 10.6 | 10.6 | 10.4 | 10.1 | 9.7 |
| Consumer price inflation (av) | 11.9 | 6.8 | 5.0 | 5.2 | 5.9 | 5.6 |
| Consumer price inflation (end-period) | 7.8 | 5.9 | 5.1 | 5.5 | 5.7 | 5.5 |
| Short-term interbank rate | 12.4 | 13.4 | 13.5 | 13.2 | 13.2 | 13.2 |
| Government balance (% of GDP)c | -5.5 | -5.1 | -4.8 | -4.1 | -4.0 | -3.6 |
| Exports of goods fob (US$ bn) | 214.0 | 241.9 | 269.8 | 304.4 | 342.4 | 384.7 |
| Imports of goods fob (US$ bn) | -349.3 | -394.6 | -442.3 | -501.0 | -567.9 | -649.6 |
| Current-account balance (US$ bn) | -39.8 | -47.3 | -49.9 | -52.8 | -43.9 | -37.2 |
| Current-account balance (% of GDP) | -2.5 | -2.6 | -2.4 | -2.1 | -1.5 | -1.1 |
| Total foreign debt (year-end; US$ bn) | 238.6 | 256.9 | 278.3 | 306.6 | 336.3 | 368.9 |
| Exchange rate Rs:US$ (av) | 45.74 | 45.14 | 44.47 | 43.45 | 42.70 | 42.00 |
| Exchange rate Rs:US$ (end-period) | 45.44 | 44.81 | 43.96 | 43.08 | 42.35 | 41.65 |
| Exchange rate Rs:¥100 (av) | 48.81 | 51.16 | 50.68 | 50.09 | 49.65 | 48.84 |
| Exchange rate Rs:€ (av) | 63.72 | 58.32 | 52.92 | 49.97 | 48.68 | 47.88 |
| a Economist Intelligence Unit estimates. b Economist Intelligence Unit forecasts. c Fiscal years (beginning April 1st of year indicated). | ||||||
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