India: Current account, in dollars

* indicates monthly or quarterly data series
 India

Current account balance, billion USD

 Latest value -31.96
 Year 2023
 Measure billion U.S. dollars
 Data availability 1975 - 2023
 Average -14.59
 Min - Max -91.47 - 32.73
 Source The World Bank
The latest value from 2023 is -31.96 billion U.S. dollars, an increase from -79.05 billion U.S. dollars in 2022. In comparison, the world average is 1.95 billion U.S. dollars, based on data from 148 countries. Historically, the average for India from 1975 to 2023 is -14.59 billion U.S. dollars. The minimum value, -91.47 billion U.S. dollars, was reached in 2012 while the maximum of 32.73 billion U.S. dollars was recorded in 2020. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
India - Current account, in dollars - Recent values chart

Historical series
India - Current account, in dollars - historical chart - 1975-2023




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.

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 Related indicators Latest Reference Measure
 Terms of trade 90.74 2021 percent
 Trade openness 45.92 2023 percent
 Financial openness -1.242 2021 index points
 Exports, percent of GDP 21.85 2023 percent
 Exports, billion dollars 779.45 2023 billion U.S. dollars
 Growth of exports 1.52 2023 percent
 Imports, percent of GDP 23.96 2023 percent
 Imports, billion dollars 858.84 2023 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 0.79 2023 percent
 Foreign Direct Investment, billion dollars 28.08 2023 billion U.S. dollars
 Portfolio investment inflows, equities 21,427.09 2023 million dollars (current)
 Current account, percent of GDP -1.20 2023 percent
 Current account, in dollars -31.96 2023 billion U.S. dollars
 Current Account, quarterly -0.79 9/2024 percent
 Trade balance, percent of GDP -2.07 2023 percent
 Trade balance, in dollars -86.33 2023 billion U.S. dollars
 Reserves 627.79 2023 billion U.S. dollars
 Remittances, percent of GDP 3.52 2023 percent
 Remittances 125,000.00 2023 million U.S. dollars
 Net errors and omissions 79.08 2023 million USD
 External debt 18.42 2022 percent
 Short-term external debt 19.53 2023 percent
 Short-term debt to reserves 20.12 2023 percent
 Foreign exchange reserves 59,166.02 5/2025 billion
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