Secondary income balance (credit less debit), Net (credits less) in India
India: Secondary income balance (credit less debit), Net (credits less) was 120.71 billion in 2024. ▲ Rising
Secondary income balance (credit less debit), Net (credits less) in India, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, secondary income balance (credit less debit), net (credits less) in India stood at 120.71 billion. That is the highest value across all 20 years on record.
That represents a change of up 18.4% on the previous year and up 84.0% over ten years.
Over the whole period, secondary income balance (credit less debit), net (credits less) in India peaked at 120.71 billion in 2024 and was at its lowest, 23.64 billion, in 2005.
India ranks 1st of 197 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 20 years of available data.
Secondary income balance (credit less debit), Net (credits less) in India, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 23.64 billion | — |
| 2006 | 28.72 billion | +21.5% |
| 2007 | 37.14 billion | +29.3% |
| 2008 | 48.75 billion | +31.3% |
| 2009 | 48.76 billion | +0.0% |
| 2010 | 52.11 billion | +6.9% |
| 2011 | 60.21 billion | +15.5% |
| 2012 | 65.44 billion | +8.7% |
| 2013 | 64.81 billion | -0.9% |
| 2014 | 65.60 billion | +1.2% |
| 2015 | 64.15 billion | -2.2% |
| 2016 | 56.83 billion | -11.4% |
| 2017 | 60.47 billion | +6.4% |
| 2018 | 70.07 billion | +15.9% |
| 2019 | 73.07 billion | +4.3% |
| 2020 | 73.12 billion | +0.1% |
| 2021 | 78.24 billion | +7.0% |
| 2022 | 97.32 billion | +24.4% |
| 2023 | 101.91 billion | +4.7% |
| 2024 | 120.71 billion | +18.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 37.40 billion | 23.64 billion | 48.76 billion | 5 |
| 2010s | 63.28 billion | 52.11 billion | 73.07 billion | 10 |
| 2020s | 94.26 billion | 73.12 billion | 120.71 billion | 5 |
Countries ranked near India
More financial sector data for India
- 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)
- Total reserves (gold at market value) (SDR), annual growth rate 3.67 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 349.2 SDR per person (2025)
- 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)
Frequently asked questions
- What is secondary income balance (credit less debit), net (credits less) in India?
- Secondary income balance (credit less debit), net (credits less) in India was 120.71 billion in 2024, according to International Monetary Fund.
- What is the highest secondary income balance (credit less debit), net (credits less) recorded in India?
- The highest recorded value was 120.71 billion in 2024.
- What is the lowest secondary income balance (credit less debit), net (credits less) recorded in India?
- The lowest recorded value was 23.64 billion in 2005.
- How does India rank for secondary income balance (credit less debit), net (credits less)?
- India ranks 1st out of 197 countries with data for 2024.
- Is secondary income balance (credit less debit), net (credits less) rising or falling in India?
- Over the last ten years it is up 84.0%. The long-run trend across the full record is rising.
- Where does this India data come from?
- The figures come from International Monetary Fund, published as part of Secondary income balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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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.