Overall Economic Outlook: Stable (Click here For Comprehensive Economic Report – at UNIDOW.com for free which includes India’s political outlook, economic outlook and economic data of the Indian sub-continent countries.)
Agriculture sector, one of the most important part of the India’s national income, has expanded very sharply – backed by good monsoon rains and non-agriculture sector also showed robust growth. Since, global economies were in recovery phase, the recent industrial output signalling the sustainable economic growth and the economic growth is now shifting from recovery phase to sustainable economic expansion. On the other side, inflation in India could be worrisome for the policy makers. For Political risk and economic policies, go to the VMW website for the comprehensive economic outlook report.
|(Figures in per cent)|
|Real GDP Growth||5.1||7.7||9.1||8.2||8.5|
|Consumer Price Index||9.1||12.4||9.1||5.8||5.2|
|Wholesale Price Index||8.0||3.6||8.1||5.7||5.5|
|Short-Term Interest Rate*||9.6||4.9||6.7||7.6||7.6|
|Long-Term Interest Rate**||7.6||7.3||7.8||7.9||7.9|
|Fiscal Balance (per cent of GDP)^||-8.5||-9.6||-8.3||-7.4||-6.7|
|Current Account Balance (per cent of GDP)||-2.4||-2.8||-3.2||-3.0||-2.9|
|*Mumbai Three Month Offer Rate|
|**10 Year Government Bond|
|^Gross fiscal Balance for central and State Government.|
|CPI for Industrial Workers|
Composition of India’s GDP by Sector.
Amount in Crores of Indian Rupees (10 Million)
|Agriculture, Forestry & Fishing||876,563.00|
|Electricity, Gas & Water Supply||80,440.00|
|Trade, Hotel, Transport & Communication||1,274,534.00|
|Financing, Insurance, Real Estate & Bus Service||700,943.00|
|Community, Social & Personal Services||690,373.00|
|Total Annual GDP||4,989,804.00|
Graphical Representation of India’s GDP Composition
Sources: VMW Analytic Services and OECD. This data is provided from the different sources and VMW does not have any guarantee for the accuracy.
Copyright 2012 VMW. A division of the UNIDOW FIS, unless otherwise noted.