India recorded a Current Account deficit of 1.70 percent of the country's Gross Domestic Product in 2021/22 fiscal year. source: Reserve Bank of India
Current Account to GDP in India averaged -1.12 percent of GDP from 1970 until 2021, 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. 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 2022.
Current Account to GDP in India is expected to reach -2.60 percent of GDP by the end of 2022, 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 -2.60 percent of GDP in 2023, according to our econometric models.