India recorded a Current Account deficit of 0.90 percent of the country's Gross Domestic Product in 2019.
Current Account to GDP in India averaged -1.15 percent from 1970 until 2019, reaching an all time high of 2.30 percent in 2003 and a record low of -4.80 percent in 2012. This page provides - India Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. India Current Account to GDP - values, historical data and charts - was last updated on October of 2020. source: Reserve Bank of India
Current Account to GDP in India is expected to reach 0.40 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the India Current Account to GDP is projected to trend around -1.50 percent in 2021 and -2.60 percent in 2022, according to our econometric models.