India Current Account to GDP 1980-2015 | Data | Chart | Calendar

India recorded a Current Account deficit of 1.70 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in India averaged -1.45 Percent from 1980 until 2013, reaching an all time high of 1.50 Percent in 2003 and a record low of -4.70 Percent in 2012. Current Account to GDP in India is reported by the Ministry of Finance, Government of India.

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India Current Account to GDP


Actual Previous Highest Lowest Dates Unit Frequency
-1.70 -4.70 1.50 -4.70 1980 - 2013 percent Yearly
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - India Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - India Current Account to GDP - was last refreshed on Sunday, April 19, 2015.

India Trade Last Previous Highest Lowest Unit
Balance of Trade -11790.00 -6847.00 258.90 -20210.90 USD Million [+]
Exports 23950.00 21545.33 30541.44 59.01 USD Million [+]
Imports 35740.00 28392.30 45281.90 117.40 USD Million [+]
Current Account -8226.25 -10105.90 7360.00 -31857.20 USD Million [+]
Current Account to GDP -1.70 -4.70 1.50 -4.70 percent [+]
External Debt 461943.00 455929.00 461943.00 96392.00 USD Million [+]
Terms of Trade 60.20 61.90 100.00 60.20 Index Points [+]
Foreign Direct Investment 3089.00 4687.00 5670.00 -60.00 USD Million [+]
Remittances 12293.40 11673.51 12293.40 5999.10 USD Million [+]
Tourist Arrivals 730000.00 761000.00 877000.00 129286.00 [+]
Gold Reserves 557.75 557.75 557.75 357.75 Tonnes [+]
Crude Oil Production 774.00 757.00 813.00 526.00 BBL/D/1K [+]
Capital Flows -45.30 -14.32 766.96 -271.46 USD Million [+]


Current Account to GDP Reference Previous Highest Lowest Unit
Australia -2.90 Dec/13 -4.10 1.40 -6.70 percent [+]
Brazil -4.17 Dec/14 -3.66 1.80 -8.20 percent [+]
Canada -3.20 Dec/13 -3.40 2.70 -4.20 percent [+]
China 2.00 Dec/13 2.60 10.10 -3.70 percent [+]
Euro Area 2.40 Dec/13 1.40 2.40 -1.50 percent [+]
France -1.30 Dec/13 -2.20 2.70 -2.20 percent [+]
Germany 7.50 Dec/13 7.40 7.50 -1.70 percent [+]
India -1.70 Dec/13 -4.70 1.50 -4.70 percent [+]
Indonesia -2.95 Dec/14 -3.20 4.80 -6.80 percent [+]
Italy 1.00 Dec/13 -0.30 3.20 -3.70 percent [+]
Japan 0.70 Dec/13 1.10 4.80 -1.00 percent [+]
Mexico -2.10 Dec/14 -1.80 3.40 -6.10 percent [+]
Netherlands 10.40 Dec/13 9.50 10.40 -1.00 percent [+]
Russia 1.56 Dec/13 3.60 18.00 -1.40 percent [+]
South Korea 5.80 Dec/13 4.30 11.90 -8.30 percent [+]
Spain 0.80 Dec/13 -1.20 1.50 -10.00 percent [+]
Switzerland 12.30 Dec/13 9.16 15.60 -0.60 percent [+]
Turkey -5.70 Dec/14 -7.90 2.00 -9.70 percent [+]
United Kingdom -5.50 Dec/14 -4.50 1.90 -5.50 percent [+]
United States -2.40 Dec/14 -2.40 0.20 -6.00 percent [+]