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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 21 August, 2021
-7.30
1.30
-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
4.80
-3.20
2020-21 PE
2020-21 Q4
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
SBI Research
S&P*
UBS
UN**
UNCTAD**
World Bank
India:Growth Projections
FY2020-21
Note: Growth rate of GDP (%, per year); Forecasts as of August 18, 2021;
*Projected within the last three months , **Calendar year 2020 & 2021.
10.00
8.90
9.50
9.50
11.00
9.50
9.60
11.00
9.30
10.40
9.90
9.50
8.20
7.90
9.50
10.00
7.50
5.00
8.30
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*
SBI Research*
S&P*
UBS
UN**
UNCTAD**
World Bank*
India:Growth Projections
FY2021-22
Global Growth Projections
Growth rate of GDP (% per year)
-6.7
4.3
-3.5
6.5
-3.2
6.0
-6.5
4.6
-3.5
7.0
-3.5
5.8
-6.7
4.3
-3.5
6.9
-3.6
5.4
-6.9
4.2
-3.5
6.2
-3.5
5.6
-6.6
4.2
-3.5
6.8
-8.0 -6.0 -4.0 -2.0 0.0 2.0 4.0 6.0 8.0
2020
2021
2020
2021
2020
2021
World
EuroArea
US
WB—GEP June 2021
UN—WESP May 2021
OECD—EO May 2021
IMF—WEO July 2021
India & China
Growth rate of GDP (% per year)
-7.3
10.0
2.3
8.1
-7.3
9.5
2.3
8.1
-7.7
9.9
2.3
8.5
-6.8
7.5
2.3
8.2
-7.3
8.3
2.3
8.5
-10.0 -8.0 -6.0 -4.0 -2.0 0.0 2.0 4.0 6.0 8.0 10.0 12.0
2020
2021
2020
2021
India*
China
WB—GEP June 2021
UN—WESP May
2021
OECD—EO May
2021
IMF—WEO July
2021
ADB—ADO July
2021
*Fiscal year starting April. UN: CY.
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 2020 & 2021

  • 1. Growth Projections GDP growth projections by various agencies...... Compiled by The SurgeRS (SURGE Research Support) http://www.ecofin-surge.co.in/ Updated 21 August, 2021
  • 2. -7.30 1.30 -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 4.80 -3.20 2020-21 PE 2020-21 Q4 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 SBI Research S&P* UBS UN** UNCTAD** World Bank India:Growth Projections FY2020-21 Note: Growth rate of GDP (%, per year); Forecasts as of August 18, 2021; *Projected within the last three months , **Calendar year 2020 & 2021. 10.00 8.90 9.50 9.50 11.00 9.50 9.60 11.00 9.30 10.40 9.90 9.50 8.20 7.90 9.50 10.00 7.50 5.00 8.30 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* SBI Research* S&P* UBS UN** UNCTAD** World Bank* India:Growth Projections FY2021-22
  • 3. Global Growth Projections Growth rate of GDP (% per year) -6.7 4.3 -3.5 6.5 -3.2 6.0 -6.5 4.6 -3.5 7.0 -3.5 5.8 -6.7 4.3 -3.5 6.9 -3.6 5.4 -6.9 4.2 -3.5 6.2 -3.5 5.6 -6.6 4.2 -3.5 6.8 -8.0 -6.0 -4.0 -2.0 0.0 2.0 4.0 6.0 8.0 2020 2021 2020 2021 2020 2021 World EuroArea US WB—GEP June 2021 UN—WESP May 2021 OECD—EO May 2021 IMF—WEO July 2021
  • 4. India & China Growth rate of GDP (% per year) -7.3 10.0 2.3 8.1 -7.3 9.5 2.3 8.1 -7.7 9.9 2.3 8.5 -6.8 7.5 2.3 8.2 -7.3 8.3 2.3 8.5 -10.0 -8.0 -6.0 -4.0 -2.0 0.0 2.0 4.0 6.0 8.0 10.0 12.0 2020 2021 2020 2021 India* China WB—GEP June 2021 UN—WESP May 2021 OECD—EO May 2021 IMF—WEO July 2021 ADB—ADO July 2021 *Fiscal year starting April. UN: CY.
  • 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