India Current Account  1949-2018 | Data | Chart | Calendar | Forecast

India's current account deficit widened sharply to USD 13.0 billion in the fourth quarter of 2017-18, or 1.9 percent of GDP, from USD 2.6 billion, or 0.4 percent of GDP, in the same period of the previous fiscal year. The goods deficit increased to USD 41.6 billion from USD 29.7 billion a year earlier, and the primary income gap went up to USD 7.8 billion from USD 5.6 billion. Meanwhile, the services surplus rose to USD 20.2 billion from USD 18.5 billion a year ago and the secondary income surplus went up to USD 16.2 billion from USD 14.2 billion. For the full fiscal year, the current account deficit widened to USD 48.7 billion, or 1.9 percent of GDP, from USD 14.4 billion, or 0.6 percent of GDP, in the corresponding period of 2016-17 fiscal year. Current Account in India averaged -1942.91 USD Million from 1949 until 2018, reaching an all time high of 7360 USD Million in the first quarter of 2004 and a record low of -31857.18 USD Million in the fourth quarter of 2012.

India Current Account
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Calendar GMT Actual Previous Consensus TEForecast
2017-12-13 12:00 PM Current Account $-7.2B $-15.0B $ -8B
2018-03-19 12:00 PM Current Account $-13.5B $-7.2B $ -13.1B
2018-06-13 12:00 PM Current Account $-13.0B $-13.5B $ -12B
2018-09-15 12:25 PM Current Account $-13.0B $ -15B
2018-12-12 11:30 AM Current Account $ -10.7B


India Trade Last Previous Highest Lowest Unit
Balance of Trade -16600.00 -14620.00 258.90 -20210.90 USD Million [+]
Exports 27700.00 28860.00 30541.44 59.01 USD Million [+]
Imports 44300.00 43480.00 45281.90 117.40 USD Million [+]
Current Account -13000.00 -13465.11 7360.00 -31857.18 USD Million [+]
Current Account to GDP -1.90 -0.60 2.30 -4.80 percent [+]
External Debt 529673.00 529673.00 529673.00 96392.00 USD Million [+]
Terms of Trade 71.10 71.80 100.00 57.90 Index Points [+]
Capital Flows -42.87 33.39 766.97 -271.47 USD Million [+]
Foreign Direct Investment 3971.00 4859.00 8579.00 -1336.00 USD Million [+]
Remittances 12003.97 11623.76 12293.40 5999.10 USD Million [+]
Tourist Arrivals 681279.00 606043.00 1176000.00 129286.00 [+]
Gold Reserves 560.30 558.10 560.30 357.75 Tonnes [+]
Crude Oil Production 732.00 728.00 813.00 526.00 BBL/D/1K [+]
Terrorism Index 7.53 7.48 8.09 7.22 [+]
Weapons Sales 56.00 42.00 56.00 0.00 USD Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



India Current Account

Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides - India Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. India Current Account - actual data, historical chart and calendar of releases - was last updated on July of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-13000.00 -13465.11 7360.00 -31857.18 1949 - 2018 USD Million Quarterly
Current Prices, NSA




current account by Country
Country Last
Australia -10469.00 Mar/18
Brazil 729.20 May/18
Canada -19496.00 Mar/18
China -341.00 Mar/18
Euro Area 4.62 May/18
France -2917.00 May/18
Germany 12588.73 May/18
India -13000.00 Mar/18
Indonesia -5500.00 Mar/18
Italy 2226.00 May/18
Japan 1938.30 May/18
Mexico -6940.80 Mar/18
Netherlands 21821.00 Mar/18
Russia 22300.00 Jun/18
South Korea 8680.00 May/18
Spain -1516.00 Apr/18
Switzerland 18134.28 Mar/18
Turkey -5890.00 May/18
United Kingdom -17720.00 Mar/18
United States -124105.00 Mar/18


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