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India's Forecasted GDP Growth by various Institutions

Published on Thursday, August 10, 2023
GDP Projection By FY23-24
United Nations Conference on Trade and Development (UNCTAD)5.7%
Moody’s Investors Service 6.1%
Reserve Bank of India 6.5%
Standard and Poor Global Ratings 6.0%
Economic Survey 6-6.5%
Goldman Sachs 6.3%
Organisation for Economic Co-operation and Development (OECD)’s Economic Outlook 2.7%
FICCI’s (Federation of Indian Chambers of Commerce and Industry) economic outlook survey 7%
IMF 6.8%
The United Nations ’World Economic Situation and Prospects (UNESP) 6.4%
India Ratings and Research 7-7.2%
World Bank 6.5%
Asian Development Outlook 2022 by ADB 7%
Brickwork Ratings 8.3%
National Council of Applied Economic Research (NCAER) --
CRISIL’s  6.0%
CARE rating --
UBS 7%
ICRA 7.2%
Barclays 6.6%
Fitch Ratings 10.3%
Ind-Ra 6.9%
National Statistical Office (NSO) 8.7% 
Normura 5.1%
HSBC 11.2%
Morgan Stanley 6.2%
Oxford Economies 7.9%
UN 6.4%
HDFC Bank 9.2%
SBI 6.8%
Bofa Securities 8.2%

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