Current account balance (credit less debit), Percent of GDP in India
India: Current account balance (credit less debit), Percent of GDP was -1.95 in 2031. ◆ Volatile
Current account balance (credit less debit), Percent of GDP in India, 1980–2031
Source: International Monetary Fund.
Analysis
In 2031, current account balance (credit less debit), percent of gdp in India stood at -1.95.
The figure is down 16.8% on the previous year and down 55.1% over ten years.
Over the whole period, current account balance (credit less debit), percent of gdp in India peaked at 2.32 in 2003 and was at its lowest, -4.82, in 2012.
India ranks 19th of 26 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance (credit less debit), Percent of GDP in India, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | -1.5 | — |
| 1981 | -1.64 | +9.0% |
| 1982 | -1.7 | +3.5% |
| 1983 | -1.47 | -13.4% |
| 1984 | -1.14 | -22.4% |
| 1985 | -2.06 | +80.6% |
| 1986 | -1.84 | -10.8% |
| 1987 | -1.74 | -5.4% |
| 1988 | -2.45 | +40.7% |
| 1989 | -2.01 | -17.7% |
| 1990 | -3 | +48.9% |
| 1991 | -0.433 | -85.6% |
| 1992 | -1.7 | +293.7% |
| 1993 | -0.4152 | -75.6% |
| 1994 | -1.03 | +148.0% |
| 1995 | -1.64 | +59.0% |
| 1996 | -1.14 | -30.1% |
| 1997 | -1.32 | +15.6% |
| 1998 | -0.9581 | -27.6% |
| 1999 | -1.02 | +6.8% |
| 2000 | -0.5692 | -44.4% |
| 2001 | 0.7004 | -223.0% |
| 2002 | 1.23 | +75.9% |
| 2003 | 2.32 | +88.1% |
| 2004 | -0.3483 | -115.0% |
| 2005 | -1.21 | +246.5% |
| 2006 | -1.02 | -15.7% |
| 2007 | -1.29 | +27.1% |
| 2008 | -2.33 | +80.0% |
| 2009 | -2.86 | +23.0% |
| 2010 | -2.86 | -0.3% |
| 2011 | -4.29 | +50.2% |
| 2012 | -4.82 | +12.3% |
| 2013 | -1.75 | -63.8% |
| 2014 | -1.32 | -24.2% |
| 2015 | -1.06 | -19.9% |
| 2016 | -0.6336 | -40.3% |
| 2017 | -1.86 | +194.2% |
| 2018 | -2.16 | +15.6% |
| 2019 | -0.8843 | -59.0% |
| 2020 | 0.9193 | -204.0% |
| 2021 | -1.25 | -236.5% |
| 2022 | -2.06 | +64.3% |
| 2023 | -0.7436 | -63.9% |
| 2024 | -0.6102 | -17.9% |
| 2025 | -0.9233 | +51.3% |
| 2026 | -2.03 | +120.2% |
| 2027 | -1.65 | -19.1% |
| 2028 | -1.46 | -11.2% |
| 2029 | -1.48 | +1.6% |
| 2030 | -1.67 | +12.2% |
| 2031 | -1.95 | +16.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -1.75 | -2.45 | -1.14 | 10 |
| 1990s | -1.27 | -3 | -0.4152 | 10 |
| 2000s | -0.5378 | -2.86 | 2.32 | 10 |
| 2010s | -2.16 | -4.82 | -0.6336 | 10 |
| 2020s | -1.13 | -2.06 | 0.9193 | 10 |
| 2030s | -1.81 | -1.95 | -1.67 | 2 |
Countries ranked near India
More financial sector data for India
- Reserve position in the IMF, US dollar, annual growth rate 13.2 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0012 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 3.26 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 7.8 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0009 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 2.38 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 13.2 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0012 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 3.26 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 7.8 % change on previous year (2025)
Frequently asked questions
- What is current account balance (credit less debit), percent of gdp in India?
- Current account balance (credit less debit), percent of gdp in India was -1.95 in 2031, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), percent of gdp recorded in India?
- The highest recorded value was 2.32 in 2003.
- What is the lowest current account balance (credit less debit), percent of gdp recorded in India?
- The lowest recorded value was -4.82 in 2012.
- How does India rank for current account balance (credit less debit), percent of gdp?
- India ranks 19th out of 26 countries with data for 2031.
- Is current account balance (credit less debit), percent of gdp rising or falling in India?
- Over the last ten years it is down 55.1%. The long-run trend across the full record is volatile.
- Where does this India data come from?
- The figures come from International Monetary Fund, published as part of Current account balance (credit less debit), Percent of GDP (9/26/2025). Statizoid updates them automatically from the source API.
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About this data
The World Economic Outlook (WEO) database is created during the biannual WEO exercise, which begins in January and June of each year and results in the April and September/October WEO publication. Selected series from the publication are available in a database format.