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Growth Projections
GDP growth projections by various agencies......
Compiled by
The SurgeRS
(SURGE Research Support)
http://www.ecofin-surge.co.in/
Updated 30 June, 2020
-4.00
0.00
-6.40
0.60
-5.00
6.25
5.50
-5.00
1.60
-7.20
-6.50
-4.50
1.90
3.00
-3.00
1.30
-0.40
-3.70
-5.20
2.60
-5.00
-0.40
1.20
2020-21
ADB*
Barclays
BofA-ML
CARE*
CII
CitiGroup
CMIE
Credit Suisse
CRISIL*
DBS
Economic Survey
EIU The Economist
Ernst&Young
FICCI
Fitch*
GoldmanSachs
HSBC*
ICRA*
IMF*
Ind-Ratings
JPMorgan
KPMG
MoodysAnalytics*/**
MorganStanley**
NCAER*
NITI Ayog
Nomura
OECD*
PWC
RBI
Reuters Poll (Q1)*
SBI Research
S&P*
UBS
UN**
India:Growth Projections
FY2020-21
Note: Growth rate of GDP (%, per year); Forecasts as of June 30, 2020;
*Projected within the last three months , **Calendar year 2019 & 2020.
4.20
3.10
4.00
5.80
7.40
8.30
6.90
6.20
7.00
7.20
6.90
5.50
6.00
5.00
4.20
6.10
5.40
6.20
4.90
6.50
4.90
5.90
5.00
5.00
6.30
7.50
6.00
2019-20 PE
2019-20 Q4
ADB
Bloomberg Survey
BofA-ML
CARE
CII
CitiGroup
CMIE
Credit Suisse
CRISIL
DBS
Economic Survey
EIU The Economist
Ernst&Young
Ficci Poll
Fitch
GoldmanSachs
HDFC
IHS Markit
IMF**
Ind-Ratings
JPMorgan
MoodysAnalytics*
MorganStanley*
NCAER
NITI Ayog
Nomura
OECD**
PWC
RBI**
Reuters Poll (Q1)
SBI Research
S&P
UBS
UNCTAD*
India:Growth Projections
FY2019-20
Global Growth Projections
Growth rate of GDP (% per year)
-7.0
5.5
-5.3
3.8
-4.9
5.4
-10.2
6.0
-8.0
4.5
-6.0
5.2
-9.1
6.5
-7.3
4.1
-3.2
4.2
-5.8
2.9
-4.8
3.9
-5.2
4.2
-9.1
4.5
-6.1
4.0
-12.0 -10.0 -8.0 -6.0 -4.0 -2.0 0.0 2.0 4.0 6.0 8.0
2020
2021
2020
2021
2020
2021
WorldEuroAreaUS
WB—GEP June 2020
UN—WESP May 2020
OECD—EO June 2020
IMF—WEO June 2020
India & China
Growth rate of GDP (% per year)
-4.0
5.0
1.8
7.4
-4.5
6.0
1.0
8.2
-3.7
7.9
-2.6
6.8
1.2
5.5
1.7
7.6
-3.2
3.1
1.0
6.9
-6.0 -4.0 -2.0 0.0 2.0 4.0 6.0 8.0 10.0
2020
2021
2020
2021
India*China
WB—GEP June 2020
UN—WESP May
2020
OECD—EO June
2020
IMF—WEO June
2020
ADB—ADO June
2020
*Fiscal year starting April.
for Global growth projections
More resources on Indian & Global growth, inflation & trade & financial
markets………..
EUpDates—A Monthly e-Bulletin of Economic/Financial Market
Indicators
https://www.yumpu.com/en/document/view/62916575/eupdates-a-monthly-statistical-bulletin-of-
economic-indicators
http://www.ecofin-surge.co.in/
ADB: Asian Development Outlook
IMF: World Economic Outlook
OECD: Economic Outlook
United Nations: World Economic Situation and Prospects
World Bank: Global Economic Prospects

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Indian & Global GDP Growth Projections 2019 & 2020

  • 1. Growth Projections GDP growth projections by various agencies...... Compiled by The SurgeRS (SURGE Research Support) http://www.ecofin-surge.co.in/ Updated 30 June, 2020
  • 2. -4.00 0.00 -6.40 0.60 -5.00 6.25 5.50 -5.00 1.60 -7.20 -6.50 -4.50 1.90 3.00 -3.00 1.30 -0.40 -3.70 -5.20 2.60 -5.00 -0.40 1.20 2020-21 ADB* Barclays BofA-ML CARE* CII CitiGroup CMIE Credit Suisse CRISIL* DBS Economic Survey EIU The Economist Ernst&Young FICCI Fitch* GoldmanSachs HSBC* ICRA* IMF* Ind-Ratings JPMorgan KPMG MoodysAnalytics*/** MorganStanley** NCAER* NITI Ayog Nomura OECD* PWC RBI Reuters Poll (Q1)* SBI Research S&P* UBS UN** India:Growth Projections FY2020-21 Note: Growth rate of GDP (%, per year); Forecasts as of June 30, 2020; *Projected within the last three months , **Calendar year 2019 & 2020. 4.20 3.10 4.00 5.80 7.40 8.30 6.90 6.20 7.00 7.20 6.90 5.50 6.00 5.00 4.20 6.10 5.40 6.20 4.90 6.50 4.90 5.90 5.00 5.00 6.30 7.50 6.00 2019-20 PE 2019-20 Q4 ADB Bloomberg Survey BofA-ML CARE CII CitiGroup CMIE Credit Suisse CRISIL DBS Economic Survey EIU The Economist Ernst&Young Ficci Poll Fitch GoldmanSachs HDFC IHS Markit IMF** Ind-Ratings JPMorgan MoodysAnalytics* MorganStanley* NCAER NITI Ayog Nomura OECD** PWC RBI** Reuters Poll (Q1) SBI Research S&P UBS UNCTAD* India:Growth Projections FY2019-20
  • 3. Global Growth Projections Growth rate of GDP (% per year) -7.0 5.5 -5.3 3.8 -4.9 5.4 -10.2 6.0 -8.0 4.5 -6.0 5.2 -9.1 6.5 -7.3 4.1 -3.2 4.2 -5.8 2.9 -4.8 3.9 -5.2 4.2 -9.1 4.5 -6.1 4.0 -12.0 -10.0 -8.0 -6.0 -4.0 -2.0 0.0 2.0 4.0 6.0 8.0 2020 2021 2020 2021 2020 2021 WorldEuroAreaUS WB—GEP June 2020 UN—WESP May 2020 OECD—EO June 2020 IMF—WEO June 2020
  • 4. India & China Growth rate of GDP (% per year) -4.0 5.0 1.8 7.4 -4.5 6.0 1.0 8.2 -3.7 7.9 -2.6 6.8 1.2 5.5 1.7 7.6 -3.2 3.1 1.0 6.9 -6.0 -4.0 -2.0 0.0 2.0 4.0 6.0 8.0 10.0 2020 2021 2020 2021 India*China WB—GEP June 2020 UN—WESP May 2020 OECD—EO June 2020 IMF—WEO June 2020 ADB—ADO June 2020 *Fiscal year starting April.
  • 5. for Global growth projections More resources on Indian & Global growth, inflation & trade & financial markets……….. EUpDates—A Monthly e-Bulletin of Economic/Financial Market Indicators https://www.yumpu.com/en/document/view/62916575/eupdates-a-monthly-statistical-bulletin-of- economic-indicators http://www.ecofin-surge.co.in/ ADB: Asian Development Outlook IMF: World Economic Outlook OECD: Economic Outlook United Nations: World Economic Situation and Prospects World Bank: Global Economic Prospects