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: % 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.

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.

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.

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.

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.

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.

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).

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

In 2023, India's trade deficit of goods amounted to around *** billion U.S. dollars. Balance of trade The trade balance, also called commercial balance or balance of trade, is the difference between the value of a country’s exports and its imports over a certain timespan. If a country exports more goods or services than in imports, the trade balance is positive – a so-called trade surplus. If a country imports more than it exports, the trade balance is in the red – a trade deficit. Among other factors, trade is affected by production, currency exchange rates, and taxes, and of course by the availability of raw materials and prices of goods. India’s trade is in the red The reason for India’s persistent trade deficit is simple: The country imports far more than it exports. India is a very fast-growing economy with the majority of its GDP generated by services, while most of its workforce is employed in agriculture. India’s main imports include chemicals, crude oil, and machinery, while India exports textiles, software, petroleum products, and leather goods. One reason for the increasing trade deficit is the price of crude oil and its rapid economic growth, which means that export trade now needs to catch up to the demand.

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.

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.

Graph and download economic data for Current Account Balance: Total Services for India (DISCONTINUED) (BPBLSE01INA188S) from 1997 to 2010 about current account, BOP, India, and services.

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.

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)

India IN: Balance of Payment: Current Account Balance: as % of GDP data was reported at -1.131 % in 2026. This records a decrease from the previous number of -0.729 % for 2025. India IN: Balance of Payment: Current Account Balance: as % of GDP data is updated yearly, averaging -1.275 % from Dec 1979 (Median) to 2026, with 48 observations. The data reached an all-time high of 2.276 % in 2003 and a record low of -4.830 % in 2012. India IN: Balance of Payment: Current Account Balance: as % of GDP data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s India – Table IN.OECD.EO: Balance of Payments: Current Account: Forecast: Non OECD Member: Annual. CBGDPR-Current account balance, as a percentage of GDP

India: Current account balance forecast, percent of GDP: The latest value from 2030 is -2.25 percent, a decline from -2.07 percent in 2029. In comparison, the world average is -0.96 percent, based on data from 181 countries. Historically, the average for India from 1980 to 2030 is -1.39 percent. The minimum value, -4.81 percent, was reached in 2012 while the maximum of 2.32 percent was recorded in 2003.

In fiscal year 2025, the net capital flows to gross domestic product ratio in India was around *** percent. This was a decrease in the ratio from about *** percent in the previous fiscal year across the country.