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. Measured in %.
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 100th of 205 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 | % | 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% |
India compared with similar countries
- India's -0.8% is above the median for lower middle income countries, which is -0.8%, 1.0× the median. (43 countries reporting)
- India's -0.8% is below the median for South Asia, which is -0.3%, 3.3× the median. (6 countries reporting)
Biggest year-on-year movements
Years where Current account balance as a proportion of GDP (%) in India changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2005 | -1239.4% | 0.1% | -1.3% |
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
- Real gdp growth, annual growth rate 7.31 % change on previous year (2025)
- 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)
- SDRs holdings, US dollar, annual growth rate 5.07 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0047 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 12.83 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.0511 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0035 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 9.37 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 2.33 % change on previous year (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 100th out of 205 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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