India: Current account forecast
* indicates monthly or quarterly data series
| India |
Current account balance forecast, percent of GDP |
|---|---|
| Latest value | -2.25 |
| Year | 2030 |
| Measure | percent |
| Data availability | 1980 - 2030 |
| Average | -1.39 |
| Min - Max | -4.81 - 2.32 |
| Source | International Monetary Fund |
The latest value from 2030 is -2.25 percent, a decline from -2.07 percent in 2029. In comparison, the world average is -0.96 percent, based on data from 181 countries. Historically, the average for India from 1980 to 2030 is -1.39 percent. The minimum value, -4.81 percent, was reached in 2012 while the maximum of 2.32 percent was recorded in 2003.
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* indicates monthly or quarterly data series
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Definition: The current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The series includes actual historical values for past years and forecast values for the current and the next few years.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Economic growth forecast | 6.50 | 2030 | percent |
| Investment forecast | 33.46 | 2030 | percent |
| Inflation forecast | 4.00 | 2030 | percent |
| Unemployment rate forecast | 4.94 | 2030 | percent |
| Budget balance forecast | -6.64 | 2030 | percent |
| Current account forecast | -2.25 | 2030 | percent |