Real GDP
outputNGDPRNSAXDCINQ
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Economic indicator correlations for India. See how 10 macro indicators move together and how India's GDP correlates with other major economies.
Coverage
Real GDP
outputNGDPRNSAXDCINQ
CPI (YoY)
pricesCPALTT01INM657N
Unemployment Rate
laborLRUN64TTINQ156S
3-Month Interbank Rate
ratesIR3TIB01INM156N
Long-Term Bond Yield
ratesIRLTLT01INM156N
Industrial Production
outputINDPROINDMISMEI
Exports
tradeXTEXVA01INM667S
Imports
tradeXTIMVA01INM667S
M1 Money Supply
monetaryMANMM101INM189S
PPI Manufacturing
pricesPIEAMP01INM661N
Intra-Country
#1
Industrial Production vs Exports
Corr +62%345 pts
1.583
#2
Exports vs Imports
Corr +39%434 pts
1.022
#3
Real GDP vs Industrial Production
Corr +53%75 pts
0.992
#4
Industrial Production vs Imports
Corr +37%345 pts
0.951
#5
Real GDP vs Imports
Corr +29%86 pts
0.557
#6
Real GDP vs Exports
Corr +28%86 pts
0.552
#7
Real GDP vs M1 Money Supply
Corr +13%78 pts
0.248
#8
CPI (YoY) vs Exports
Corr -9%361 pts
0.237
#9
CPI (YoY) vs Industrial Production
Corr -6%304 pts
0.145
#10
CPI (YoY) vs Imports
Corr -5%361 pts
0.140
#11
Exports vs M1 Money Supply
Corr +5%405 pts
0.125
#12
Industrial Production vs M1 Money Supply
Corr +3%345 pts
0.087
#13
Real GDP vs CPI (YoY)
Corr -1%66 pts
0.023
#14
Imports vs M1 Money Supply
Corr +1%405 pts
0.021
#15
CPI (YoY) vs M1 Money Supply
Corr -0%671 pts
0.011
Cross-Country
Level series (rates, unemployment, confidence) are used as-is; flow/stock series (GDP, trade, money supply, housing, prices) use period-over-period growth (%). Pairwise Pearson correlations. Ranking score = absolute correlation × log10(overlap + 1).
Minimum overlap filter: 20 data points.
Diagnostics
Unemployment Rate (LRUN64TTINQ156S): FRED request failed with status 400 Bad Request.
3-Month Interbank Rate (IR3TIB01INM156N): FRED request failed with status 400 Bad Request.
Long-Term Bond Yield (IRLTLT01INM156N): FRED request failed with status 400 Bad Request.
PPI Manufacturing (PIEAMP01INM661N): FRED request failed with status 400 Bad Request.