INDIA’S VITAL STATISTICS AT A GLANCE

Indicators FY12 FY13 FY14 FY15 FY16 FY17
GDP at FC - Constant prices (Rs cr) 8736039 9215125 9817822 10536984 11381002 12189854
GDP at FC-Constant prices growth YOY (%) 6.7 5.5* 6.4* 7.5* 8* 7.1@#
Agriculture growth 5.0 1.5 5.6 (-)0.3 0.7* 4.9@#
Industry growth 7.8 3.4 4.2 6.9 8.2 5.8@#
Services growth 6.6 7.7 9.5 9.8 7.9 7.9@#
Consumption (% YOY) 8.9 5.2 4.7 - - -
Private consumption (% YOY) 9.3 5.5 6.8 6.2 7.3 7.2
Gross domestic savings as % of GDP 31.4 30.1 30.5 30.6”’ - -
Gross Fixed Capital Formation as % of GDP 34.3 34.1 33 32.3 31.2 -
Gross fiscal deficit of the Centre as a % GDP 5.7 4.9 4.5 4.1’’ 3.9 3.2*@
Gross fiscal deficit of the states as a % GDP 1.9 1.9 2.5 2.3’’ - -
Gross fiscal deficit of Centre & states as a % GDP 8.1 7.2 6.7 6.6’’ - -
Merchandise exports (US$Bn) 305.7 300.2 312.35 310.5 261.14 274.65
Growth in exports 21.9 -1.8 3.98 (-)1.2 (-)15.9 4.71
Imports (US$Bn) 489.1 490.3 450.94 447.5 379.59 380.37
Growth in imports (YOY) 32.4 0.2 -8.1 -0.59 (-)15.3 (-)0.17
Trade deficit (US$Bn) 183.4 190.1 138.6 137 118.46 105.72
Net invisibles US$Bn 111.6 107.5 115.0 - 107.9^^ -
Current account deficit US$Bn 78.2 88.2 32.4 26.8^^ 22.1^^ -
Current account deficit as % of GDP 4.2 4.8 1.7 1.3 1.1^^ -
Net capital account US$Bn 67.8 94.2 33.3^^ 11.8 - -
Overall balance of payments US$Bn 12.8 3.8 15.5^^ 6.9 - -
Foreign exchange reserves US$Bn 294.9 292.04 304.22 316.2 355.56~~ 379.3~~~
External debt - Short term US$Bn 78.2 96.7 89.2`` 86.4``` 83.6 &&& -
External debt - Long term US$Bn 267.5 293.4 351.4`` 376.4``` 398.6 &&& -
External debt - US$Bn 345.8 392.1 441`` 462``` 480.18 &&& 456.1
Money supply growth 13.5 13.6 13.2 11.1 && 11.3 &&&& 7.8 &&^
Bank credit growth 16.8 13.5 14 8.6 9~~~~ 4.3**
WPI inflation 8.9 7.4 5.7 # 2.1 (-)0.85^^^ 3.85^^^^
CPI inflation 6.0 10.2 9.8 6.4 4.83^^^ 2.99^^^^
Exchange rate Rs/US$ annual average 47.9 54.4 60.68 61.14 66.43 @@ 64.35 @@@

Source: PHD Research Bureau compiled from various sources, *Data pertains to Provisional Estimates of Annual National Income 2016-17 from MOSPI, ‘’ Handbook of Statistics of Indian Economy 2014-15 from RBI, ‘’’ Data pertains to Annual Report of RBI 2013-14, *@Data pertains to Budget Estimates of 2017-18, ’’ Data pertains to GVA at Basic Prices at constant prices for Q3 2015-16, ”’Data pertains to the new Series Estimates from economic survey 2014-15. ^^Data pertains to India’s Balance of payment for 2015-16 from RBI, ^^^Data pertains to March 2016, ``India’s external debt end Dec 2013 from RBI, ``` Data pertains to end Dec 2014 from RBI, # Data pertains to Mar 2013, ~ Data pertains to 2014-15 from the Economic Survey, ~~Data as on week ending 25th March 2016 from RBI, ~~~ Data as on May 19 ,2017 from RBI, && Data pertains to March 2015, &&& External debt at end December 2015 (Quick Estimates), @@ Data pertains to 13th April 2016 from RBI, @@@ Data as on June 7, 2017 from RBI, &&&& Y-o-Y Growth of Money Supply, 2015-16 from RBI. ** Bank credit growth as on April 2017 &&^ as on May 12, 2017.@# GDP growth and agriculture growth is as per Provisional Estimates of Annual National Income, 2016-17and Industry and service growth is from Office of economic advisor