India Current Account  1949-2016 | Data | Chart | Calendar | Forecast

India posted a current account deficit of $300 million, or 0.1 percent of GDP, in the second quarter of 2016 compared to a $6.1 billion gap, or 1.2 percent of GDP, in the same period a year ago but missing expectations of a $4 billion surplus. The merchandise trade deficit fell sharply to $23.8 billion compared to $34.2 billion a year ago. Meanwhile, the balance of payments posted a surplus of $7 billion for the April-June quarter, down from an $11.4 billion surplus a year earlier. Current Account in India averaged -1761.14 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. Current Account in India is reported by the Reserve Bank of India.

India Current Account
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Actual Previous Highest Lowest Dates Unit Frequency
-300.00 -318.00 7360.00 -31857.20 1949 - 2016 USD Million Quarterly
Current Prices, NSA
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 September of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-03-21 11:45 AM Q4 $-7.1B $-8.7B $ -6.8B
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
2016-12-12 11:30 AM Q3 $-0.3B $ -0.1B

India Trade Last Previous Highest Lowest Unit
Balance of Trade -7674.14 -7761.40 258.90 -20210.90 USD Million [+]
Exports 21518.60 21689.60 30541.44 59.01 USD Million [+]
Imports 29192.74 29451.00 45281.90 117.40 USD Million [+]
Current Account -300.00 -318.00 7360.00 -31857.20 USD Million [+]
Current Account to GDP -1.25 -1.31 2.28 -4.82 percent [+]
External Debt 485614.00 479677.00 485614.00 96392.00 USD Million [+]
Terms of Trade 57.90 60.20 100.00 57.90 Index Points [+]
Capital Flows 155.56 10.57 766.96 -271.46 USD Million [+]
Foreign Direct Investment 4739.00 3305.00 5670.00 -60.00 USD Million [+]
Remittances 9686.59 8472.83 12293.40 5999.10 USD Million [+]
Tourist Arrivals 736000.00 550000.00 913000.00 129286.00 [+]
Gold Reserves 557.76 557.76 557.76 357.75 Tonnes [+]
Crude Oil Production 758.00 757.00 813.00 526.00 BBL/D/1K [+]
Terrorism Index 7.75 7.70 8.09 7.22 [+]
Weapons Sales 33.00 53.00 53.00 1.00 USD Million [+]




Last
Afghanistan -4809.97 Dec/15
Albania -353.80 Jun/16
Algeria -6.77 Dec/15
Angola -3722.40 Dec/14
Argentina -2679.00 Jun/16
Armenia -166.68 Mar/16
Australia -15535.00 Jun/16
Austria 5040.00 Mar/16
Azerbaijan -432.20 Mar/16
Bahamas -383.20 Dec/15
Bahrain 422.50 Dec/14
Bangladesh 833.00 Mar/16
Belarus 3.40 Jun/16
Belgium 1074.00 Mar/16
Belize -126.70 Dec/15
Benin -576.97 Dec/12
Bhutan -36084.70 Dec/15
Bolivia -513.00 Mar/16
Bosnia and Herzegovina -358.60 Mar/16
Botswana -749.15 Mar/16
Brazil -4050.00 Jul/16
Brunei 835.20 Dec/14
Bulgaria 513.40 Jul/16
Burkina Faso -448.30 Dec/15
Burundi 384.50 Dec/14
Cambodia -2169.00 Dec/15
Cameroon -580.02 Dec/13
Canada -19862.00 Jun/16
Cape Verde 912.40 Mar/16
Cayman Islands -603.10 Dec/15
Central African Republic -25.90 Dec/13
Chad -963.10 Dec/15
Chile -632.00 Jun/16
China 594.00 Jun/16
Colombia -2784.00 Jun/16
Comoros -25222.00 Dec/14
Congo -2919.80 Dec/14
Costa Rica -123.00 Mar/16
Croatia -1587.50 Mar/16
Cuba 101.00 Dec/15
Cyprus -39.10 Mar/16
Czech Republic -2.08 Jun/16
Denmark 13210.00 Jul/16
Djibouti -97351.00 Dec/15
Dominican Republic 239.90 Mar/16
East Timor 98.00 Dec/15
Ecuador -32.88 Mar/16
Egypt -5549.00 Mar/16
El Salvador -216.70 Mar/16
Equatorial Guinea 552.00 Dec/15
Eritrea 70.00 Dec/13
Estonia 104.40 Jun/16
Ethiopia -1960.90 Dec/15
Euro Area 31.47 Jul/16
Fiji 38.70 Sep/15
Finland -421.00 Jul/16
France -2550.00 Jul/16
Gabon 341.00 Dec/13
Gambia -1148.64 Dec/14
Georgia -408.07 Mar/16
Germany 18600.00 Jul/16
Ghana -422.90 Jun/15
Greece 1433.10 Jul/16
Guatemala 515.60 Mar/16
Guinea -510.48 Jun/16
Guinea Bissau 23.30 Dec/15
Guyana -144.20 Dec/15
Haiti -277.82 Dec/15
Honduras -69.20 Mar/16
Hong Kong 14937.00 Jun/16
Hungary 1767.00 Jun/16
Iceland 31.76 Jun/16
India -300.00 Jun/16
Indonesia -4679.00 Jun/16
Iran -937.00 Mar/16
Iraq 15861.00 Dec/15
Ireland 4643.00 Jun/16
Israel 2665.20 Jun/16
Italy 9418.10 Jul/16
Ivory Coast 140.10 Dec/15
Jamaica 60.30 Mar/16
Japan 1938.20 Jul/16
Jordan -1106.70 Mar/16
Kazakhstan -1868.00 Jun/16
Kenya -140.92 Mar/16
Kosovo -69.30 Jun/16
Kuwait -53.00 Dec/15
Kyrgyzstan -375.40 Jun/16
Laos -536.55 Dec/15
Latvia -11.94 Jul/16
Lebanon 352.10 Jul/16
Lesotho -964.53 Mar/16
Liberia -100.17 Jun/16
Libya -26181.80 Dec/14
Lithuania -24.34 Jul/16
Luxembourg 284.00 Jun/16
Macau 103162.80 Dec/15
Macedonia -25.10 Jun/16
Madagascar -56.10 Sep/14
Malawi -1124.14 Dec/14
Malaysia 1900.00 Jun/16
Maldives -295.50 Dec/15
Mali -137.60 Dec/15
Malta -5288.00 Jun/16
Mauritania -444.70 Dec/14
Mauritius -2507.00 Mar/16
Mexico -7852.17 Jun/16
Moldova -99.98 Mar/16
Mongolia -17.60 Jul/16
Montenegro -374902.74 Jun/16
Morocco -6576.60 Mar/16
Mozambique -1401.10 Jun/16
Myanmar -1128.00 Dec/12
Namibia -4479.90 Mar/16
Nepal -24329.70 Dec/15
Netherlands 13103.50 Jun/16
New Caledonia -132.13 Dec/14
New Zealand -945.00 Jun/16
Nicaragua -294.90 Mar/16
Niger -921.70 Dec/15
Nigeria -721.06 Mar/16
Norway 40311.00 Jun/16
Oman -4155.00 Dec/15
Pakistan -808.00 Jun/16
Palestine -391.50 Jun/16
Panama -585.40 Jun/16
Papua New Guinea 3043.00 Dec/15
Paraguay 364.00 Mar/16
Peru -1837.87 Jun/16
Philippines 389.25 Jun/16
Poland -802.00 Jul/16
Portugal 1017.63 Jul/16
Puerto Rico 6331.40 Dec/15
Qatar -8228.00 Mar/16
Republic of the Congo -1163.30 Dec/10
Romania -122.00 Jul/16
Russia 3344.00 Jun/16
Rwanda -823.40 Dec/15
Sao Tome and Principe -78.61 Dec/15
Saudi Arabia -17982.00 Mar/16
Senegal -499.30 Dec/15
Serbia -28.00 Jul/16
Seychelles -48.60 Mar/16
Sierra Leone -1102.09 Dec/12
Singapore 20852.20 Jun/16
Slovakia -366.90 Jul/16
Slovenia 222.00 Jul/16
South Africa -134396.00 Jun/16
South Korea 8706.10 Jul/16
Spain 1996.00 Jun/16
Sri Lanka -82.50 Mar/16
Sudan -1131.60 Mar/16
Suriname -48.20 Jun/16
Swaziland 1970.20 Sep/15
Sweden 36.00 Jun/16
Switzerland 17281.00 Jun/16
Syria -418.30 Dec/11
Taiwan 17131.00 Jun/16
Tajikistan -198482.00 Dec/15
Tanzania -230.90 Jun/16
Thailand 3670.00 Jul/16
Togo -140.50 Dec/15
Trinidad and Tobago 18.90 Dec/15
Tunisia -1758.30 Mar/16
Turkey -2602.00 Jul/16
Turkmenistan -6194.00 Dec/16
Uganda -380.90 Mar/16
Ukraine 917.00 Jun/16
United Arab Emirates 79300.00 Dec/15
United Kingdom -32593.00 Mar/16
United States -119885.00 Jun/16
Uruguay -48.03 Mar/16
Uzbekistan 225.00 Dec/16
Venezuela -5113.00 Dec/15
Vietnam 2632.00 Mar/16
Yemen -1530.50 Dec/13
Zambia -162.93 Mar/16
Zimbabwe -3065.33 Dec/14