Latest Update (PPSC-PATWARI-KANUNGO) India’s GDP Growth Forecast 2019-20 by various Financial Organizations

Here we are providing the list of the organization who have forecast india’s GDP (Gross domestic Product) for the year 2018-19 and 2019-20. GDP Forecast is one of the most important topic for in Competitive exams. GDP Forecast questions asked in GA/GK Section. You can check the GDP Forecast from the below table.

Organization 2019-20 2020-21
Fitch 4.6% (20th Dec Updated) 6.5% FY-  2020-21)
UNCTAD report (Updated-26 September) 6%
RBI forecasted 5% (Updated 4 dec)
Moody (Updated- 16 December) 4.9% 6.6%
ADB 5.1% (Updated-11 December 2019) 7.2%
World Bank (Updated- 13th Oct) 5% (Updated on 9th Jan 2020) 6.9%
World Economic Outlook released by International Monetary Fund (IMF)  4.8% (Updated-20 Jan 2020) 6.5% (Updated-20 Jan 2020)
FICCI (Updated -30 May) 6.9% (Updated 27 September ) 7.2%
Organisation for Economic Co-operation and Development (OECD) 5.9% (Updated 20 September ) 6.3% (Updated 20 September )
DBS Bank 6.2% (Updated-2 Sep 2019)
Goldman Sachs 7.2% (Updated-7th June 2019)
Central Statistics Office (CSO) 7.1% (Updated-30 May 2019) 7.2%  (Updated-30 May 2019)
CRISIL 5.1% (Updated 3 December)
UN (United Nation) 5.7% (Updated 16 Jan 2020)
Australia and New Zealand Banking Group (ANZ) 6.2% – FY 2019 (Updated- 16 August)  6.5% (Also FY2021-6.5%)
India Ratings & Research 5% fY 2020. (Updated- 22nd January) 5.5%
Economy Survey 7%
National Council of Applied Economic Research (NCAER) 4.9% (Updated- 21 November)
S & P (2nd Oct) 6.3% 7%
State Bank of India (SBI) 4.6% (update 8Jan 2020)