India recorded a Current Account surplus of 13500 USD Million in the first quarter of 2025. This dataset provides - India Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about India Current Account Balance

• India Current Account recorded a deficit of 11.2 USD bn in Sep 2024, compared with a deficit of 10.2 USD bn in the previous quarter.
• India Current Account Balance: USD mn data is updated quarterly, available from Jun 1949 to Sep 2024, with an averaged value of -349.9 USD mn.
• The data reached an all-time high of 19.1 USD bn in Jun 2020 and a record low of -31.9 USD bn in Dec 2012.
• CEIC extends history for quarterly Current Account Balance. The Reserve Bank of India provides Current Account Balance in USD based on BPM6. Current Account Balance prior to Q2 2009 is based on BPM5.
• Foreign Direct Investment (FDI) increased by 5.0 USD bn in Sep 2024.
• India Direct Investment Abroad expanded by 7.3 USD bn in Sep 2024.
• Its Foreign Portfolio Investment increased by 19.8 USD bn in Sep 2024.
• The country's Nominal GDP was reported at 873.7 USD bn in Mar 2023.

India recorded a Current Account deficit of 0.70 percent of the country's Gross Domestic Product in 2023. This dataset provides - India Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In fiscal year 2025, the current account balance to GDP ratio in India was negative or running a deficit of *** percent. The current account balance to GDP ratio was positive in fiscal year 2021, valuing to nearly *** percent.

Graph and download economic data for Balance of Payments: Current Account: Balance (Revenue Minus Expenditure) for India (INDB6BLTT02STSAQ) from Q2 1996 to Q4 2024 about current account, BOP, and GDP.

India BoP: Current Account: Invisibles data was reported at 111.319 USD bn in 2018. This records an increase from the previous number of 98.026 USD bn for 2017. India BoP: Current Account: Invisibles data is updated yearly, averaging 2.244 USD bn from Mar 1949 (Median) to 2018, with 70 observations. The data reached an all-time high of 118.139 USD bn in 2015 and a record low of -242.000 USD mn in 1991. India BoP: Current Account: Invisibles data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under Global Database’s India – Table IN.JEB014: Balance of Payments: BPM5: USD: Current Account (Annual).

As of the fourth quarter of fiscal year 2020, the State Bank of India had about ***** percent of its total deposits in current accounts. This value remained stable between *** and ***** percent since 2017. Overall, the highest share of deposits were made in fixed term accounts.

The State Bank of India is a public sector banking and financial services statutory body, headquartered in Mumbai. Also known as SBI, the bank was ranked in the Fortune Global *** list of the world's biggest corporations of 2018.

Graph and download economic data for Current Account Balance: Total Trade of Goods for India (DISCONTINUED) (BPBLTD01INQ637S) from Q1 1960 to Q2 2011 about current account, BOP, India, trade, and goods.

Current and historical data on India's Current Account and comparison with global peers.

Graph and download economic data for Balance of Payments: Total Net Current Account for India (INDBCAGDPBP6PT) from 1990 to 2029 about current account, BOP, India, and Net.

Key information about India Current Account Balance: % of GDP

• India Current Account deficit accounted for 1.2 % of the country's Nominal GDP in Sep 2024, compared with a 1.1 % deficit in the previous quarter.
• India Current Account Balance: % of Nominal GDP data is updated quarterly, available from Jun 2004 to Sep 2024, with an average value of -1.5 %.
• The data reached an all-time high of 3.7 % in Jun 2020 and a record low of -6.8 % in Dec 2012.

CEIC calculates Current Account Balance as % of Nominal GDP from quarterly Current Account Balance and quarterly Nominal GDP. The Reserve Bank of India provides Current Account Balance in local currency based on BPM6. Ministry of Statistics and Programme Implementation provides Nominal GDP in local currency based on SNA 2008, at 2011-2012 prices. Current Account Balance as % of Nominal GDP prior to Q2 2011 is calculated from Current Account Balance based on BPM5 and Nominal GDP based on a combination of SNA 2008 and SNA 1993, at 2004-2005 prices.


Key information about India Current Account Balance: % of GDP

• In the latest reports of India, Current Account recorded a deficit of 11.2 USD bn in Sep 2024.
• Foreign Direct Investment (FDI) increased by 5.0 USD bn in Sep 2024.
• India Direct Investment Abroad expanded by 7.3 USD bn in Sep 2024.
• Its Foreign Portfolio Investment increased by 19.8 USD bn in Sep 2024.
• The country's Nominal GDP was reported at 873.7 USD bn in Mar 2023.

Current account balance (BoP, current US$) in India was reported at --31962287412 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. India - Current account balance (BoP, current US$) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Current account balance (% of GDP) in India was reported at --0.8288 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. India - Current account balance (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

The dataset contains year- and quarter-wise historically compiled data from the year 1990-91 to till date on the value (in both Indian rupees and us dollars) of credit and debit transaction performed in current accounts in the overall balance of payments compiled by Reserve Bank of India (RBI)

Notes:

1. The current account in India‚ Balance of Payments (BoP) statistics distinguishes between merchandise and non-merchandise transactions and, accordingly, comprises two major heads, Invisible (merchandise) account and an Invisible (non-merchandise) account. Invisibles, in turn, have three sub-categories, viz., services, transfers and income. Traditionally, a distinction is made between goods and services in the current account to take into account the differences in the nature of their production and international trade. While in the case of goods, international trade is conducted separately from production, in the case of services, the two are closely linked, as the production process of services involves a resident and non-resident

2. The term G.n.i.e in the dataset denotes to Government goods and services not included elsewhere (G.n.i.e)

Graph and download economic data for Current Account Balance: Total Services for India (DISCONTINUED) (BPBLSE01INQ188S) from Q2 1996 to Q2 2011 about current account, BOP, India, and services.

Graph and download economic data for Total Current Account Balance for India (DISCONTINUED) (BPBLTT01INQ637S) from Q1 1960 to Q2 2011 about current account, BOP, and India.

India BoP: Current Acc: Services data was reported at 51.210 USD bn in Dec 2024. This records an increase from the previous number of 44.627 USD bn for Sep 2024. India BoP: Current Acc: Services data is updated quarterly, averaging 18.926 USD bn from Jun 2009 (Median) to Dec 2024, with 63 observations. The data reached an all-time high of 51.210 USD bn in Dec 2024 and a record low of 7.703 USD bn in Sep 2009. India BoP: Current Acc: Services data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under Global Database’s India – Table IN.JEA012: Balance of Payments: BPM6: USD: Current Account.

In 2022, the current account balance in China was approximately 402 billion U.S. dollars. In comparison, the current account balance in India showed a deficit of approximately 79 billion U.S. dollars in that year.

FocusEconomics' economic data is provided by official state statistical reporting agencies as well as our global network of leading banks, think tanks and consultancies. Our datasets provide not only historical data, but also Consensus Forecasts and individual forecasts from the aformentioned global network of economic analysts. This includes the latest forecasts as well as historical forecasts going back to 2010. Our global network consists of over 1000 world-renowned economic analysts from which we calculate our Consensus Forecasts. In this specific dataset you will find economic data for India Current Account.

Graph and download economic data for Current Account Credit: Total Services for India (DISCONTINUED) (BPCRSE01INQ637S) from Q1 1960 to Q2 2011 about current account, BOP, India, credits, and services.