India Current Account  1949-2017 | Data | Chart | Calendar | Forecast

India posted a current account deficit of $3.4 billion, or 0.6 percent of GDP, in the third quarter of 2016 compared to a $8.5 billion gap, or 1.7 percent of GDP, in the same period a year ago. The merchandise trade deficit fell sharply to $25.6 billion compared to $37.2 billion a year ago. Meanwhile, the balance of payments posted a surplus of $8.5 billion for the July-September quarter compared with a deficit of $900 million a year ago. Current Account in India averaged -1761.79 USD Million from 1949 until 2016, reaching an all time high of 7360 USD Million in the first quarter of 2004 and a record low of -31857.20 USD Million in the fourth quarter of 2012.

India Current Account
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-06-16 11:45 AM Q1 $-0.3B $-7.1B $ -6B
2016-09-21 12:00 PM Q2 $-0.3B $-0.3B $4B $1.1B
2016-12-13 01:00 PM Q3 $-3.4B $-0.3B $ -0.1B
2017-03-21 11:45 AM Q4 $-3.4B
2017-06-16 11:45 AM Q1
2017-09-21 12:00 PM Q2




India Trade Last Previous Highest Lowest Unit
Balance of Trade -10369.40 -13008.90 258.90 -20210.90 USD Million [+]
Exports 23884.97 20009.58 30541.44 59.01 USD Million [+]
Imports 34254.30 33018.50 45281.90 117.40 USD Million [+]
Current Account -3400.00 -300.00 7360.00 -31857.20 USD Million [+]
Current Account to GDP -1.25 -1.31 2.28 -4.82 percent [+]
External Debt 484300.00 479658.00 485078.00 96392.00 USD Million [+]
Terms of Trade 57.90 60.20 100.00 57.90 Index Points [+]
Capital Flows -17.51 155.56 766.96 -271.46 USD Million [+]
Foreign Direct Investment 2043.00 2380.00 5670.00 -60.00 USD Million [+]
Remittances 9942.81 9686.59 12293.40 5999.10 USD Million [+]
Tourist Arrivals 891000.00 754000.00 913000.00 129286.00 [+]
Gold Reserves 557.77 557.76 557.77 357.75 Tonnes [+]
Crude Oil Production 736.00 746.00 813.00 526.00 BBL/D/1K [+]
Terrorism Index 7.48 7.75 8.09 7.22 [+]
Weapons Sales 33.00 53.00 53.00 1.00 USD Million [+]



India Current Account Notes

Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides - India Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. India Current Account - actual data, historical chart and calendar of releases - was last updated on January of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-3400.00 -300.00 7360.00 -31857.20 1949 - 2016 USD Million Quarterly
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Angola -10272.80 Dec/15
Argentina -2970.00 Sep/16
Armenia 52.40 Sep/16
Australia -11358.00 Sep/16
Austria 916.00 Sep/16
Azerbaijan -312.00 Sep/16
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Bangladesh 773.00 Jun/16
Belarus 223.40 Sep/16
Belgium 525.00 Sep/16
Belize -87.10 Jun/16
Benin -884.91 Dec/14
Bhutan -36084.70 Dec/15
Bolivia -513.00 Mar/16
Bosnia and Herzegovina -209.63 Sep/16
Botswana 11404.90 Jun/16
Brazil -877.90 Nov/16
Brunei 835.20 Dec/14
Bulgaria -57.40 Oct/16
Burkina Faso -448.30 Dec/15
Burundi -371.20 Dec/15
Cambodia -1073.00 Sep/16
Cameroon -692.24 Dec/14
Canada -18299.00 Sep/16
Cape Verde -1639.30 Sep/16
Cayman Islands -626.90 Dec/15
Central African Republic -25.90 Dec/13
Chad -963.10 Dec/15
Chile -2772.00 Sep/16
China 692.54 Sep/16
Colombia -3434.00 Sep/16
Comoros -23012.00 Dec/16
Congo -2919.80 Dec/14
Costa Rica -591.10 Sep/16
Croatia 3344.70 Sep/16
Cuba 101.00 Dec/15
Cyprus 331.00 Sep/16
Czech Republic -829.37 Sep/16
Denmark 18365.00 Nov/16
Djibouti -97351.00 Dec/15
Dominican Republic -293.30 Jun/16
East Timor 98.00 Dec/15
Ecuador 271.68 Sep/16
Egypt -4983.30 Sep/16
El Salvador -167.92 Sep/16
Equatorial Guinea 552.00 Dec/15
Eritrea -143.00 Dec/15
Estonia 289.10 Sep/16
Ethiopia -2176.20 Jun/16
Euro Area 32.76 Oct/16
Fiji 57.90 Jun/16
Finland 195.00 Nov/16
France -2317.00 Nov/16
Gabon 341.00 Dec/13
Gambia -1631.53 Jun/16
Georgia -329.81 Sep/16
Germany 24600.00 Nov/16
Ghana -532.04 Jun/16
Greece -198.40 Oct/16
Guatemala 57.60 Sep/16
Guinea -120.58 Sep/16
Guinea Bissau 23.30 Dec/15
Guyana -144.20 Dec/15
Haiti -277.82 Dec/15
Honduras 60.10 Jun/16
Hong Kong 45561.00 Sep/16
Hungary 1289.36 Sep/16
Iceland 100.40 Sep/16
India -3400.00 Sep/16
Indonesia -4493.00 Sep/16
Iran 5231.00 Jun/16
Iraq 15861.00 Dec/15
Ireland 10078.00 Sep/16
Israel 2760.00 Sep/16
Italy 6086.00 Oct/16
Ivory Coast 140.10 Dec/15
Jamaica 6.00 Jun/16
Japan 1415.50 Nov/16
Jordan -284.70 Sep/16
Kazakhstan -1579.70 Sep/16
Kenya -3716.40 Oct/16
Kosovo -75.10 Oct/16
Kuwait 471.00 Sep/16
Kyrgyzstan -48.90 Sep/16
Laos -237.68 Jun/16
Latvia 62.40 Nov/16
Lebanon -680.20 Oct/16
Lesotho -628.38 Sep/16
Liberia -81.50 Sep/16
Libya -13404.40 Dec/15
Lithuania 212.84 Nov/16
Luxembourg 422.00 Sep/16
Macau 103162.80 Dec/15
Macedonia -13.50 Oct/16
Madagascar 59.00 Mar/16
Malawi -1425.70 Dec/15
Malaysia 5998.00 Sep/16
Maldives -295.50 Dec/15
Mali -137.60 Dec/15
Malta 339146.00 Sep/16
Mauritania -308.60 Dec/15
Mauritius -6932.00 Sep/16
Mexico -7571.09 Sep/16
Moldova -85.58 Sep/16
Mongolia 77.90 Nov/16
Montenegro 244057.90 Sep/16
Morocco -5591.50 Sep/16
Mozambique -898.40 Sep/16
Myanmar -1128.00 Dec/12
Namibia -4018.39 Sep/16
Nepal 7231.90 Mar/16
Netherlands 11472.00 Sep/16
New Caledonia -132.13 Dec/14
New Zealand -4891.00 Sep/16
Nicaragua -236.80 Sep/16
Niger -921.70 Dec/15
Nigeria -404.65 Jun/16
Norway 24898.00 Sep/16
Oman -4155.00 Dec/15
Pakistan -1368.00 Sep/16
Palestine -314.40 Sep/16
Panama -1279.80 Sep/16
Papua New Guinea 2391.00 Jun/16
Paraguay 256.10 Sep/16
Peru -1140.35 Sep/16
Philippines 567.04 Sep/16
Poland -427.00 Nov/16
Portugal -152.32 Nov/16
Puerto Rico 6331.40 Dec/15
Qatar -5444.00 Sep/16
Republic of the Congo -1163.30 Dec/10
Romania -398.00 Nov/16
Russia 1900.00 Sep/16
Rwanda -823.40 Dec/15
Sao Tome and Principe -78.61 Dec/15
Saudi Arabia 2211.00 Sep/16
Senegal -499.30 Dec/15
Serbia -95.00 Oct/16
Seychelles -97.80 Sep/16
Sierra Leone -1102.09 Dec/12
Singapore 24666.70 Sep/16
Slovakia 114.10 Oct/16
Slovenia 138.00 Nov/16
South Africa -175774.00 Sep/16
South Korea 8989.20 Nov/16
Spain 2008.00 Oct/16
Sri Lanka -241.00 Sep/16
Sudan -1228.90 Sep/16
Suriname -52.40 Sep/16
Swaziland 811.20 Mar/16
Sweden 56.70 Sep/16
Switzerland 20619.00 Sep/16
Syria -418.30 Dec/11
Taiwan 17090.00 Sep/16
Tajikistan -85504.50 Jun/16
Tanzania -146.40 Oct/16
Thailand 3194.90 Nov/16
Togo -140.50 Dec/15
Trinidad and Tobago -659.70 Jun/16
Tunisia -1195.80 Sep/16
Turkey -2268.00 Nov/16
Turkmenistan -6194.00 Dec/16
Uganda -382.70 Sep/16
Ukraine -165.00 Nov/16
United Arab Emirates 79300.00 Dec/15
United Kingdom -25494.00 Sep/16
United States -112958.00 Sep/16
Uruguay 47.25 Sep/16
Uzbekistan 225.00 Dec/16
Venezuela -5113.00 Dec/15
Vietnam 3499.00 Sep/16
Yemen -1530.50 Dec/13
Zambia -107.20 Sep/16
Zimbabwe -3065.33 Dec/14