Key indicators

Item Units 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09

1. GDP and related indicators
GDP (current market prices) Rs. crore 2754620 3149407 3586743 4129173 4723400 5321753 RE
Growth rate % 12.2 14.3 13.9 15.1 14.4 12.7
GDP (constant market prices) Rs. crore 2402727 2602065 2844942 3120029 3402716 3609425
Growth rate % 8.4 8.3 9.3 9.7 9.1 6.1
Growth of GDP
(factor cost, constant prices) % 8.5 7.5 9.5 9.7 9.0 6.7
Savings Rate % of GDP 29.8 31.7 34.2 35.7 37.7 na
Capital formation (rate) % of GDP 27.6 32.1 35.5 36.9 39.1 na
Per cap NNP
(factor cost & current prices) Rs. 20871 23198 26003 29524 33283 37490
2. Production
Foodgrains Mill tonne 213.2 198.4 208.6 217.3 230.8 229.9 ^^
Index of Industrial production
(growth) Per cent 7.0 8.4 8.2 11.6 8.5 2.6
Electricity generation
(growth) Per cent 5.1 5.1 5.2 7.3 6.3 2.7
3. Prices
Inflation (WPI) (52-week average) %change 5.5 6.5 4.4 5.4 4.7 8.4
Inflation CPI (IW) %change 3.9 3.8 4.4 6.7 6.2 9.1
4. External sector
Export growth ( US$) %change 21.1 30.8 23.4 22.6 28.9 3.6
Import growth (US$) %change 27.3 42.7 33.8 24.5 35.4 14.4
Current account deficit (CAD) / GDP Per cent 2.3 -0.4 -1.2 -1.1 -1.5 -4.1 ^
Foreign exchange reserves US$ bn. 113.0 141.5 151.6 199.2 309.7 252.0 @
Average exchange rate Rs./ US$ 45.95 44.93 44.27 45.28 40.26 45.99
5. Money and credit
(M3) (annual) %change 16.8 12.3 17.0 21.3 21.2 18.4
Scheduled commercial bank credit
(growth) %change 15.2 30.7 37.0 28.5 22.3 17.5
6. Fiscal indicators (Centre)
Gross fiscal deficit % of GDP 4.5 4.0 4.1 3.5 2.7 6.2 ##
Revenue deficit % of GDP 3.6 2.5 2.6 1.9 1.1 4.6 ##
Primary deficit % of GDP 0.0 0.0 0.4 -0.2 -0.9 2.6 ##
7. Population Million 1072 1089 1106 1122 1138 1154

RE GDP figures for 2008-09 are Revised Estimates

na not yet available / released for 2008-09
^^ for 2008-09 the figures are the 3rd Advance Estimates
^ CAD to GDP ratio for 2008-09 is for the period Apr-Dec 2008
@ as of March 31, 2009
## fiscal indicators for 2008-09 are based on the provisional actuals for 2008-09