India Current Account Balance (% GDP) Statistics

20, Nov 2019, EST.

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Country or Region: India › Change country
Economic Indicator: Current Account Balance (% GDP) › See all India indicators, › See Current Account Balance (% GDP) data for all countries
Detailed Analysis for Year: 2015 › Change year
Full Dataset: from 1980 to 2019
Dataset updated: 17th March 2015
Data Source: International Monetary Fund (IMF)
National or Regional Currency: Indian Rupee
Currency Symbol: INR

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 focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income. See notes for: Gross domestic product, current prices (National currency) Current account balance (U.S. dollars).

Current Account Balance (% GDP) Statistics for India , Year 2015 - In Detail

Current Account Balance (% GDP) for India in year 2015 is -1.254 %. 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 focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income.

This makes India No. 63 in world rankings according to Current Account Balance (% GDP) in year 2015. The world's average Current Account Balance (% GDP) value is -4.12 %; India is 2.87 more than the average.

In the previous year, 2014, Current Account Balance (% GDP) for India was -1.31 % Current Account Balance (% GDP) for India in 2015 was or will be 4.13% less than it was or will be in 2014.

In the following or forecasted year, 2016, Current Account Balance (% GDP) for India was or will be -1.51 %, which is 20.10% more than the 2015 figure.

* Source: IMF
Current Account Balance (% GDP) for India, in other Years
Year %
  2021 -2.586
  2020 -2.48
  2019 -2.322
  2018 -2.154
  2017 -2.082
  2016 -1.506
2015 -1.254
  2014 -1.308
  2013 -1.739
  2012 -4.82
  2011 -4.287
  2010 -2.813
  2009 -2.796
  2008 -2.28
  2007 -1.27
  2006 -1.008
  2005 -1.187
  2004 -0.342
  2003 2.277
  2002 1.211
  2001 0.688
  2000 -0.559
  1999 -1.006
  1998 -0.942
  1997 -1.299
  1996 -1.155
  1995 -1.612
  1994 -1.012
  1993 -0.407
  1992 -1.202
  1991 -0.429
  1990 -2.964
  1989 -2.301
  1988 -2.678
  1987 -1.711
  1986 -1.807
  1985 -2.04
  1984 -1.121
  1983 -1.444
  1982 -1.667
  1981 -1.611
  1980 -1.478