India recorded a Current Account deficit of 0.60 percent of the country's Gross Domestic Product in 2024. Current Account to GDP in India averaged -1.11 percent of GDP from 1970 until 2024, reaching an all time high of 2.30 percent of GDP in 2003 and a record low of -4.80 percent of GDP in 2012. source: Reserve Bank of India
Current Account to GDP in India is expected to reach -1.30 percent of GDP by the end of 2026, 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 of GDP in 2027 and -1.60 percent of GDP in 2028, according to our econometric models.