Forecast summary | ||||||
(% unless otherwise indicated) | ||||||
2010a | 2011b | 2012b | 2013b | 2014b | 2015b | |
Real GDP growthc | 9.1 | 8.9 | 8.7 | 8.5 | 8.7 | 8.5 |
Industrial production growth | 10.6 | 4.9 | 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) | 12.0d | 8.3 | 5.4 | 5.5 | 5.9 | 5.6 |
Consumer price inflation (end-period) | 9.7d | 5.8 | 5.5 | 5.7 | 5.7 | 5.5 |
Short-term interbank rate | 11.2 | 13.4 | 13.5 | 13.2 | 13.5 | 13.5 |
Government balance (% of GDP)c | -5.0 | -4.9 | -4.8 | -4.4 | -4.2 | -3.8 |
Exports of goods fob (US$ bn) | 219.6 | 256.6 | 287.0 | 323.9 | 362.3 | 407.7 |
Imports of goods fob (US$ bn) | -348.5 | -410.9 | -449.4 | -504.1 | -567.7 | -651.6 |
Current-account balance (US$ bn) | -41.5 | -52.1 | -43.2 | -40.9 | -38.3 | -42.3 |
Current-account balance (% of GDP) | -2.5 | -2.7 | -1.9 | -1.6 | -1.2 | -1.2 |
Total foreign debt (US$ bn; end-period) | 239.8 | 258.2 | 274.2 | 298.4 | 323.5 | 351.0 |
Exchange rate Rs:US$ (av) | 45.73d | 44.97 | 43.87 | 43.45 | 42.70 | 42.00 |
Exchange rate Rs:US$ (end-period) | 44.81d | 44.42 | 43.66 | 43.08 | 42.35 | 41.65 |
Exchange rate Rs:¥100 (av) | 51.97d | 54.57 | 53.25 | 53.64 | 51.99 | 50.30 |
Exchange rate Rs:€ (av) | 60.64d | 56.21 | 52.64 | 51.27 | 49.53 | 49.14 |
a Economist Intelligence Unit estimates. b Economist Intelligence Unit forecasts. c Fiscal years (beginning April 1st of year indicated). d Actual. |
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