Current account balance as a proportion of GDP in India
India: Current account balance as a proportion of GDP was -0.8% in 2024. ◆ Volatile
Current account balance as a proportion of GDP in India, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for current account balance as a proportion of gdp in India is -0.8%, measured in 2024.
That represents a change of up 6.4% on the previous year and up 38.6% over ten years.
Over the whole period, current account balance as a proportion of gdp in India peaked at 1.4% in 2003 and was at its lowest, -5.0%, in 2012.
India ranks 86th of 177 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 as a proportion of GDP in India, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | -1.0% | — |
| 2001 | 0.3% | -129.6% |
| 2002 | 1.4% | +371.9% |
| 2003 | 1.4% | +5.3% |
| 2004 | 0.1% | -92.4% |
| 2005 | -1.3% | -1239.4% |
| 2006 | -1.0% | -21.1% |
| 2007 | -0.7% | -32.9% |
| 2008 | -2.6% | +289.2% |
| 2009 | -2.0% | -24.5% |
| 2010 | -3.3% | +66.7% |
| 2011 | -3.4% | +5.4% |
| 2012 | -5.0% | +45.9% |
| 2013 | -2.6% | -47.1% |
| 2014 | -1.3% | -49.4% |
| 2015 | -1.1% | -20.3% |
| 2016 | -0.5% | -50.6% |
| 2017 | -1.4% | +172.7% |
| 2018 | -2.4% | +68.6% |
| 2019 | -1.0% | -56.8% |
| 2020 | 1.2% | -216.6% |
| 2021 | -1.1% | -186.2% |
| 2022 | -2.4% | +123.9% |
| 2023 | -0.9% | -62.8% |
| 2024 | -0.8% | -6.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -0.5% | -2.6% | 1.4% | 10 |
| 2010s | -2.2% | -5.0% | -0.5% | 10 |
| 2020s | -0.8% | -2.4% | 1.2% | 5 |
Countries ranked near India
More economy & growth data for India
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 5.66 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 6.5 Percent per annum (2029)
- Imports of goods and services (constant 2015 US$), annual growth rate 6.4 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.2004 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 541.44 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth -2.45 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth -5.78 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 0.3362 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 14.18 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 38,313 current LCU per person (2025)
Frequently asked questions
- What is current account balance as a proportion of gdp in India?
- Current account balance as a proportion of gdp in India was -0.8% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest current account balance as a proportion of gdp recorded in India?
- The highest recorded value was 1.4% in 2003.
- What is the lowest current account balance as a proportion of gdp recorded in India?
- The lowest recorded value was -5.0% in 2012.
- How does India rank for current account balance as a proportion of gdp?
- India ranks 86th out of 177 countries with data for 2024.
- Is current account balance as a proportion of gdp rising or falling in India?
- Over the last ten years it is up 38.6%. The long-run trend across the full record is volatile.
- Where does this India data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Current account balance as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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