Primary income balance (credit less debit), Net (credits less debits) in India
India: Primary income balance (credit less debit), Net (credits less debits) was -51.30 billion in 2024. ◆ Volatile
Primary income balance (credit less debit), Net (credits less debits) in India, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, primary income balance (credit less debit), net (credits less debits) in India stood at -51.30 billion. That is the lowest value across all 20 years on record.
That represents a change of down 7.9% on the previous year and down 105.7% over ten years.
Over the whole period, primary income balance (credit less debit), net (credits less debits) in India peaked at -5.36 billion in 2008 and was at its lowest, -51.30 billion, in 2024.
India ranks 191st of 197 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Primary income balance (credit less debit), Net (credits less debits) in India, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -6.65 billion | — |
| 2006 | -6.25 billion | -6.1% |
| 2007 | -6.52 billion | +4.3% |
| 2008 | -5.36 billion | -17.7% |
| 2009 | -7.54 billion | +40.5% |
| 2010 | -15.60 billion | +107.0% |
| 2011 | -16.04 billion | +2.8% |
| 2012 | -20.84 billion | +29.9% |
| 2013 | -21.80 billion | +4.6% |
| 2014 | -24.94 billion | +14.4% |
| 2015 | -23.36 billion | -6.4% |
| 2016 | -27.36 billion | +17.1% |
| 2017 | -26.42 billion | -3.4% |
| 2018 | -29.76 billion | +12.6% |
| 2019 | -29.38 billion | -1.3% |
| 2020 | -32.04 billion | +9.1% |
| 2021 | -37.62 billion | +17.4% |
| 2022 | -41.71 billion | +10.9% |
| 2023 | -47.53 billion | +13.9% |
| 2024 | -51.30 billion | +7.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -6.46 billion | -7.54 billion | -5.36 billion | 5 |
| 2010s | -23.55 billion | -29.76 billion | -15.60 billion | 10 |
| 2020s | -42.04 billion | -51.30 billion | -32.04 billion | 5 |
Countries ranked near India
More financial sector data for India
- Total reserves (gold at national valuation) (SDR), annual growth rate 3.02 % change on previous year (2025)
- Total reserves (gold at national valuation) (SDR), per capita 343.04 SDR per person (2025)
- Total reserves in months of imports, annual growth rate 4.72 % change on previous year (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate -3.83 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.1021 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 275.79 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate -3.62 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 287.54 SDR per person (2025)
Frequently asked questions
- What is primary income balance (credit less debit), net (credits less debits) in India?
- Primary income balance (credit less debit), net (credits less debits) in India was -51.30 billion in 2024, according to International Monetary Fund.
- What is the highest primary income balance (credit less debit), net (credits less debits) recorded in India?
- The highest recorded value was -5.36 billion in 2008.
- What is the lowest primary income balance (credit less debit), net (credits less debits) recorded in India?
- The lowest recorded value was -51.30 billion in 2024.
- How does India rank for primary income balance (credit less debit), net (credits less debits)?
- India ranks 191st out of 197 countries with data for 2024.
- Is primary income balance (credit less debit), net (credits less debits) rising or falling in India?
- Over the last ten years it is down 105.7%. 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 Primary income balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 20 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.