Macroeconomic Indicators (12 February 2011)

After touching a peak of 36.9% of GDP in 2007-08, the gross domestic savings declined to 32.2% in 2008-09, and rose again to 33.7% in 2009-10. The main source of this variation has been the rate of public sector saving. The rate of gross capital formation followed a similar pattern, falling from 38.0% to 35.4% but improved marginally to 35.8% during the respective years. The rate of net capital inflow, reflecting the current account deficit, increased consistently from 1.3% in 2007-08 to 2.3% and 2.8%, respectively, in 2008-09 and 2009-10.