India recorded a Current Account deficit of 2.10 percent of the country's Gross Domestic Product in the 2018-19 fiscal year.
Current Account to GDP in India averaged -1.16 percent from 1970 until 2018, 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 June of 2020. source: Reserve Bank of India
Current Account to GDP in India is expected to reach -1.60 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 -2.20 percent in 2021 and -2.60 percent in 2022, according to our econometric models.