India recorded a Current Account deficit of 12292 USD Million in the third 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.

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 2.4 USD bn in Jun 2025, compared with a surplus of 13.5 USD bn in the previous quarter.
• India Current Account Balance: USD mn data is updated quarterly, available from Jun 1949 to Jun 2025, with an averaged value of -1.1 USD bn.
• 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 14.1 USD bn in Jun 2025.
• India Direct Investment Abroad expanded by 8.4 USD bn in Jun 2025.
• Its Foreign Portfolio Investment increased by 2.5 USD bn in Jun 2025.
• The country's Nominal GDP was reported at 975.9 USD bn in Sep 2025.

India recorded a Current Account deficit of 0.60 percent of the country's Gross Domestic Product in 2024. This dataset provides - India Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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, India, BOP, trade, and goods.

Current account balance (BoP, current US$) in India was reported at --32148998796 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. India - Current account balance (BoP, current US$) - actual values, historical data, forecasts and projections were sourced from the World Bank on November of 2025.

Actual value and historical data chart for India Current Account Balance Percent Of GDP

Graph and download economic data for Balance of Payments: Total Net Current Account for India (INDBCABP6USD) from 2016 to 2024 about current account, India, BOP, and Net.

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).

Graph and download economic data for Total Current Account Balance for India (DISCONTINUED) (BPBLTT01INQ188S) from Q2 1996 to Q2 2011 about current account, India, and BOP.

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 PFS: RBI: Current Account Balance: Next Fiscal Year: Median data was reported at -66.700 USD bn in Mar 2019. This records a decrease from the previous number of -60.200 USD bn for Mar 2018. India PFS: RBI: Current Account Balance: Next Fiscal Year: Median data is updated quarterly, averaging -43.900 USD bn from Sep 2008 (Median) to Mar 2019, with 39 observations. The data reached an all-time high of 65.900 USD bn in Jun 2012 and a record low of -95.000 USD bn in Mar 2013. India PFS: RBI: Current Account Balance: Next Fiscal Year: Median data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under India Premium Database’s Business and Economic Survey – Table IN.SE017: Professional Forecasters Survey (PFS): Reserve Bank of India: Annual Forecasts: Current Account Balance.

Graph and download economic data for Current Account Balance: Total Income for India (DISCONTINUED) (BPBLIN01INQ637S) from Q1 1960 to Q2 2011 about current account, India, BOP, and income.

View yearly updates and historical trends for India Current Account Balance. Source: World Bank. Track economic data with YCharts analytics.

India IN: Balance of Payment: Current Account Balance: as % of GDP: Single Hit Scenario data was reported at -0.559 % in 2021. This records a decrease from the previous number of -0.278 % for 2020. India IN: Balance of Payment: Current Account Balance: as % of GDP: Single Hit Scenario data is updated yearly, averaging -1.175 % from Dec 1995 (Median) to 2021, with 27 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: Single Hit Scenario 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 Sixth Edition of the IMF's Balance of Payments and International Investment Position Manual (BPM6):https://www.imf.org/external/pubs/ft/bop/2007/bopman6.htm OECD Economic Outlook, Database Inventory:https://www.oecd.org/eco/outlook/Database_Inventory.pdf

In 2024, 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.

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: USD: Current Account: Balance of Primary Income data was reported at -64.571 USD bn in 2026. This records a decrease from the previous number of -59.831 USD bn for 2025. India IN: Balance of Payment: USD: Current Account: Balance of Primary Income data is updated yearly, averaging -4.693 USD bn from Dec 1979 (Median) to 2026, with 48 observations. The data reached an all-time high of 0.320 USD bn in 1980 and a record low of -64.571 USD bn in 2026. India IN: Balance of Payment: USD: Current Account: Balance of Primary Income 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: USD: Forecast: Non OECD Member: Annual. BSIID-Balance of primary income, value in USD

This statistic displays the annual percentage change in the current account balance across India from fiscal year 2014 to fiscal year 2019. In fiscal year 2019, the current account balance is projected to decrease by *** percent, compared to a decreased of *** percent in fiscal year 2017.