India Current Account to GDP  1970-2018 | Data | Chart | Calendar

India recorded a current account deficit of 1.9 percent of the country's Gross Domestic Product in the 2017-18 fiscal year, which ended in March 2018. Current Account to GDP in India averaged -1.15 percent from 1970 until 2017, reaching an all time high of 2.30 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 -16600.00 -14620.00 258.90 -20210.90 USD Million [+]
Exports 27700.00 28860.00 30541.44 59.01 USD Million [+]
Imports 44300.00 43480.00 45281.90 117.40 USD Million [+]
Current Account -13000.00 -13465.11 7360.00 -31857.18 USD Million [+]
Current Account to GDP -1.90 -0.60 2.30 -4.80 percent [+]
External Debt 529673.00 529673.00 529673.00 96392.00 USD Million [+]
Terms of Trade 71.10 71.80 100.00 57.90 Index Points [+]
Capital Flows -42.87 33.39 766.97 -271.47 USD Million [+]
Foreign Direct Investment 3971.00 4859.00 8579.00 -1336.00 USD Million [+]
Remittances 12003.97 11623.76 12293.40 5999.10 USD Million [+]
Tourist Arrivals 606043.00 749477.00 1176000.00 129286.00 [+]
Gold Reserves 560.30 558.10 560.30 357.75 Tonnes [+]
Crude Oil Production 732.00 728.00 813.00 526.00 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 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 July of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-1.90 -0.60 2.30 -4.80 1970 - 2017 percent Yearly




current account to GDP by Country
Country Last
Netherlands 10.20 Dec/17
Switzerland 9.80 Dec/17
Germany 8.00 Dec/17
South Korea 5.60 Dec/17
Japan 4.02 Dec/17
Euro Area 3.50 Dec/17
Italy 2.80 Dec/17
Spain 1.90 Dec/17
Russia 1.80 Dec/16
China 1.30 Dec/17
Brazil -0.48 Dec/17
France -0.80 Dec/17
Mexico -1.60 Dec/17
Indonesia -1.70 Dec/17
India -1.90 Dec/17
United States -2.40 Dec/17
Canada -3.00 Dec/17
Australia -3.10 Dec/17
United Kingdom -4.10 Dec/17
Turkey -5.50 Dec/17


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