Current Account in India

India Current Account (USD bn) | Economic News & Forecasts

India - Current Account (billions of U.S. Dollars)

The economy performed well in the fourth quarter of FY 2017 (which ended in March 2018), achieving the highest rate of growth in seven quarters. Private consumption, government consumption and fixed investment all expanded at accelerated rates in Q4. However, the external sector detracted from growth, with imports increasing much faster than exports. All in all, faster growth in Q4 highlights that the economy is emerging from the headwinds of demonetization in November 2016 and the introduction of the Goods and Services Tax in July 2017. Meanwhile, recent data points to reason for optimism going into FY 2018: Industrial production expanded at a healthy pace in April, supported by strong growth in the mining and manufacturing sectors. Moreover, business activity in the private sector increased for the third consecutive month in May.

India - Current Account (USD bn) Data

2013  2014  2015  2016  2017  
Current Account Balance (USD bn)-32.8  -27.6  -22.1  -15.2  -48.7  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.

Download

India Current Account (USD bn) Chart


India Current Account
Note: Current account balance in % of GDP.
Source: Ministry of Finance and Met the why particular calculations.

India Facts

ValueChangeDate
Bond Yield7.86-0.04 %Jun 19
Bond Yield7.86-0.04 %Jun 19
Exchange Rate68.31-0.09 %Jun 19
Exchange Rate68.31-0.09 %Jun 19
Stock Market35,287-0.08 %Jun 19
Stock Market35,287-0.08 %Jun 19

Sample Report

Get a sample report showing all the data and analysis covered in our Regional, Country and Commodities reports.

Download

Start Your Free Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

Search form