India Current Account to GDP  1980-2017 | Data | Chart | Calendar

India recorded a Current Account deficit of 0.70 percent of the country's Gross Domestic Product in 2016. Current Account to GDP in India averaged -1.40 percent from 1980 until 2016, reaching an all time high of 2.28 percent in 2003 and a record low of -4.80 percent in 2012.

India Current Account to GDP
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India Trade Last Previous Highest Lowest Unit
Balance of Trade -8984.29 -11640.00 258.90 -20210.90 USD Million [+]
Exports 28613.41 23818.83 30541.44 59.01 USD Million [+]
Imports 37597.70 35462.79 45281.90 117.40 USD Million [+]
Current Account -14300.00 -3432.97 7360.00 -31857.18 USD Million [+]
Current Account to GDP -0.70 -1.06 2.28 -4.80 percent [+]
External Debt 485800.00 471852.00 485800.00 96392.00 USD Million [+]
Terms of Trade 71.80 57.90 100.00 57.90 Index Points [+]
Capital Flows 8.42 23.54 766.97 -271.47 USD Million [+]
Foreign Direct Investment 8579.00 3409.00 8579.00 -60.00 USD Million [+]
Remittances 10097.59 9533.93 12293.40 5999.10 USD Million [+]
Tourist Arrivals 724000.00 788000.00 1037000.00 129286.00 [+]
Gold Reserves 557.77 557.77 557.77 357.75 Tonnes [+]
Crude Oil Production 744.00 745.00 813.48 526.00 BBL/D/1K [+]
Terrorism Index 7.48 7.75 8.09 7.22 [+]
Weapons Sales 42.00 42.00 42.00 0.00 USD Million [+]

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



India Current Account to GDP

The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - India Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. India Current Account to GDP - actual data, historical chart and calendar of releases - was last updated on October of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-0.70 -1.06 2.28 -4.80 1980 - 2016 percent Yearly




current account to gdp by Country

Last
Switzerland 11.00 Dec/16
Netherlands 8.40 Dec/16
Germany 8.30 Dec/16
South Korea 7.00 Dec/16
Japan 3.70 Dec/16
Euro Area 3.30 Dec/16
Italy 2.60 Dec/16
Spain 2.20 Dec/16
China 1.80 Dec/16
Russia 1.80 Dec/16
India -0.70 Dec/16
France -0.90 Dec/16
Brazil -1.30 Dec/16
Indonesia -1.80 Dec/16
United States -2.60 Dec/16
Australia -2.70 Dec/16
Mexico -2.70 Dec/16
Canada -3.30 Dec/16
Turkey -3.80 Dec/16
United Kingdom -4.40 Dec/16