๐Ÿ‡ฎ๐Ÿ‡ณ

India

Asia-Pacific ยท INR ยท Economic Health Dashboard

68
/ 100
Stable

Macro Summary: India's economy is currently showing a health score of 68/100 (Stable). Inflation stands at 5.0%, placing it in the 34th percentile of its historical range. Real interest rates are classified as Accommodative relative to the past decade. GDP growth has been decelerating with a 3-year average of 7.8%. The MSCI India equity index serves as the local market benchmark.

Annual Inflation
5.0%
34th pctile
GDP Growth
6.5%
Decelerating
Real Interest Rate
2.5%
Accommodative

Economic Indicators Past 10 Years

Annual InflationInflationThe rate at which the general level of prices for goods and services is rising, eroding purchasing power.Click for full definition โ†’

5.0%-0.7% YoY
34th pctile
Decelerating3Y avg: 5.8%
Historical MinCurrent = 34th pctileHistorical Max

Unemployment RateUnemployment RateThe percentage of the labor force that is jobless and actively looking for work.Click for full definition โ†’

4.2%+0.0% YoY
58th pctile
Stable3Y avg: 4.4%
Historical MinCurrent = 58th pctileHistorical Max

GDP Growth RateCAGRCompound Annual Growth Rate โ€” the annualized rate of return over a period, accounting for compounding.Click for full definition โ†’

6.5%-2.7% YoY
59th pctile
Decelerating3Y avg: 7.8%
Historical MinCurrent = 59th pctileHistorical Max

Real Interest RateMacro Z-ScoreA statistical measurement showing how many standard deviations an economic metric is from its historical average.Click for full definition โ†’

2.5%+2.2% YoY
13th pctile
Accelerating3Y avg: 2.3%
Historical MinCurrent = 13th pctileHistorical Max

Era Distortion Radar

Normalized comparison of current macro conditions vs. the 10-year average (center = average). A shape larger than the baseline polygon indicates a more distorted environment.

Inflationโ‰ˆ Near Average
GDP Growthโ‰ˆ Near Average
Interest Ratesโ–ผ Below Average
Market Volatilityโ‰ˆ Near Average

Current vs. Decade Average

InflationModerate
GDP GrowthModerate
Interest RatesHigh Distortion
Market VolatilityNormal

MSCI India Performance vs. Rate Regimes

Growth of $10,000 in the local equity benchmark. Red shaded periods indicate eras when real interest rates were historically elevated (above 0.5 standard deviations).

Real RatesMacro Z-ScoreA statistical measurement showing how many standard deviations an economic metric is from its historical average.Click for full definition โ†’ vs. MSCI India Forward Returns

Scatter plot mapping Real Interest Rate Z-ScoresMacro Z-ScoreA statistical measurement showing how many standard deviations an economic metric is from its historical average.Click for full definition โ†’ against the subsequent 12-Month return of the MSCI India.
This highlights historical "sweet spots" and risk environments.

Unlock 40 Years of Market History

StressTest Pro Interactive Lab

Frequently Asked Questions

What is India's current inflation rate?

India's annual inflation rate is currently 5.0%, which places it in the 34th percentile of its historical range. The 3-year rolling average is 5.8%. The trend is currently decelerating.

How is India's economy performing right now?

India's economy has a composite economic health score of 68/100 (Stable). India's economy is currently showing a health score of 68/100 (Stable). Inflation stands at 5.0%, placing it in the 34th percentile of its historical range. Real interest rates are classified as Accommodative relative to the past decade. GDP growth has been decelerating with a 3-year average of 7.8%. The MSCI India equity index serves as the local market benchmark.

What is the India real interest rate and is it restrictive?

India's real interest rate is 2.5%. Its Z-Score of -1.15 vs. the past 20 years classifies it as Accommodative. Higher real rates historically suppress equity valuations and slow economic growth.

How does India GDP growth compare to history?

India's GDP growth rate is 6.5%, sitting in the 59th percentile relative to its historical data. The current trend is decelerating, and the 5-year rolling average is 5.4%.

See how these macro conditions stress test your portfolio

Stress Test Your Portfolio