India: Current account, in dollars
* indicates monthly or quarterly data series
| India |
Current account balance, billion USD |
|---|---|
| Latest value | -80.43 |
| Year | 2022 |
| Measure | billion U.S. dollars |
| Data availability | 1975 - 2022 |
| Average | -14.26 |
| Min - Max | -91.47 - 32.73 |
| Source | The World Bank |
For that indicator, we provide data for India from 1975 to 2022. The average value for India during that period was -14.26 billion U.S. dollars with a minimum of -91.47 billion U.S. dollars in 2012 and a maximum of 32.73 billion U.S. dollars in 2020.
The latest value from 2022 is -80.43 billion U.S. dollars. For comparison, the world average in 2022 based on 106
countries is 1.73 billion U.S. dollars.
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use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series
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Definition: Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income. Data are in current U.S. dollars.
| Related indicators | Latest value | Reference | Measure |
|---|---|---|---|
| Terms of trade | 105.10 | 2020 | percent |
| Trade openness | 49.37 | 2022 | percent |
| Exports, percent of GDP | 22.45 | 2022 | percent |
| Exports, billion dollars | 759.93 | 2022 | billion U.S. dollars |
| Growth of exports | 11.50 | 2022 | percent |
| Imports, percent of GDP | 26.92 | 2022 | percent |
| Imports, billion dollars | 911.39 | 2022 | billion U.S. dollars |
| Foreign Direct Investment, percent of GDP | 1.47 | 2022 | percent |
| Foreign Direct Investment, billion dollars | 49.92 | 2022 | billion U.S. dollars |
| Portfolio investment inflows, equities | -16,572.09 | 2022 | million dollars (current) |
| Current account, percent of GDP | -2.70 | 2022 | percent |
| Current account, in dollars | -80.43 | 2022 | billion U.S. dollars |
| Trade balance, percent of GDP | -4.47 | 2022 | percent |
| Trade balance, in dollars | -135.97 | 2022 | billion U.S. dollars |
| Reserves | 567.30 | 2022 | billion U.S. dollars |
| Remittances, percent of GDP | 3.29 | 2022 | percent |
| Remittances | 104,570.92 | 2022 | million U.S. dollars |
| Net errors and omissions | -2,021.56 | 2022 | million USD |
| External debt | 19.62 | 2021 | percent |
| Short-term external debt | 18.70 | 2021 | percent |
| Short-term debt to reserves | 17.95 | 2021 | percent |
| Foreign exchange reserves | 48,983.36 | 9/2023 | billion |