India's current account deficit widened slightly to USD 15.8 billion or 2.4 percent of the GDP in the second quarter of 2018 from USD 14.9 billion a year earlier (2.5 percent of the GDP). The goods deficit went up to USD 45.7 billion from USD 41.9 billion. On the other hand, the services surplus went up to USD 18.7 billion from USD 18.3 billion, the secondary income surplus increased to USD 17.1 billion from USD 14.5 billion and the primary income gap was steady at USD 5.8 billion. Current Account in India averaged -1993.04 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
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
2018-09-07 12:00 PM Current Account $-15.8B $-13.0B $ -15B
2018-12-12 11:30 AM Current Account $-15.8B $ -17B


India Trade Last Previous Highest Lowest Unit
Balance of Trade -13980.00 -17390.00 258.90 -20210.90 USD Million [+]
Exports 27950.00 27840.00 30541.44 59.01 USD Million [+]
Imports 41930.00 45240.00 45281.90 117.40 USD Million [+]
Current Account -15807.13 -13047.43 7360.00 -31857.18 USD Million [+]
Current Account to GDP -1.90 -0.60 2.30 -4.80 percent [+]
External Debt 514395.00 529673.00 529673.00 96392.00 USD Million [+]
Terms of Trade 73.30 71.10 100.00 57.90 Index Points [+]
Capital Flows 17.43 -42.87 766.97 -271.47 USD Million [+]
Foreign Direct Investment 1898.00 1981.00 8579.00 -1336.00 USD Million [+]
Remittances 12638.86 12003.97 12638.86 5999.10 USD Million [+]
Tourist Arrivals 719121.00 784814.00 1176000.00 129286.00 [+]
Gold Reserves 573.10 560.30 573.10 357.75 Tonnes [+]
Crude Oil Production 697.00 718.00 813.00 526.00 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 November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-15807.13 -13047.43 7360.00 -31857.18 1949 - 2018 USD Million Quarterly
Current Prices, NSA




Country Last
Argentina -8292.00 Jun/18
Australia -13472.00 Jun/18
Brazil 31.80 Sep/18
Canada -15880.00 Jun/18
China 160.00 Sep/18
Euro Area 20.49 Aug/18
France -1918.00 Sep/18
Germany 21100.00 Sep/18
India -15807.13 Jun/18
Indonesia -8846.10 Sep/18
Italy 4994.00 Aug/18
Japan 1821.60 Sep/18
Mexico -3882.10 Jun/18
Netherlands 16769.50 Jun/18
Russia 26400.00 Sep/18
Saudi Arabia 19181.00 Jun/18
Singapore 22832.40 Jun/18
South Africa -163760.00 Jun/18
South Korea 10831.40 Sep/18
Spain 1830.00 Aug/18
Switzerland 22143.83 Jun/18
Turkey 1830.00 Sep/18
United Kingdom -20317.00 Jun/18
United States -101460.00 Jun/18


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