Current account balance (BoP, current US$) in India
India: Current account balance (BoP, current US$) was -20.23 billion BoP, current US$ in 2025. ◆ Volatile
Current account balance in India, 1975–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for current account balance in India is -20.23 billion BoP, current US$, measured in 2025.
That represents a change of up 36.8% on the previous year and up 9.9% over ten years.
Over the whole period, current account balance in India peaked at 32.73 billion BoP, current US$ in 2020 and was at its lowest, -91.47 billion BoP, current US$, in 2012.
India ranks 190th of 200 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance (BoP, current US$) in India, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1975 | -147.52 million BoP, current US$ | — |
| 1976 | 1.58 billion BoP, current US$ | -1170.3% |
| 1977 | 2.12 billion BoP, current US$ | +34.2% |
| 1978 | 692.38 million BoP, current US$ | -67.3% |
| 1979 | 50.34 million BoP, current US$ | -92.7% |
| 1980 | -1.79 billion BoP, current US$ | -3646.4% |
| 1981 | -2.70 billion BoP, current US$ | +51.2% |
| 1982 | -2.52 billion BoP, current US$ | -6.5% |
| 1983 | -1.94 billion BoP, current US$ | -23.2% |
| 1984 | -2.31 billion BoP, current US$ | +19.3% |
| 1985 | -4.14 billion BoP, current US$ | +79.2% |
| 1986 | -4.57 billion BoP, current US$ | +10.3% |
| 1987 | -5.17 billion BoP, current US$ | +13.2% |
| 1988 | -7.14 billion BoP, current US$ | +38.1% |
| 1989 | -6.81 billion BoP, current US$ | -4.6% |
| 1990 | -7.04 billion BoP, current US$ | +3.3% |
| 1991 | -4.29 billion BoP, current US$ | -39.0% |
| 1992 | -4.49 billion BoP, current US$ | +4.5% |
| 1993 | -1.88 billion BoP, current US$ | -58.2% |
| 1994 | -1.68 billion BoP, current US$ | -10.6% |
| 1995 | -5.56 billion BoP, current US$ | +231.9% |
| 1996 | -5.96 billion BoP, current US$ | +7.1% |
| 1997 | -2.97 billion BoP, current US$ | -50.2% |
| 1998 | -6.90 billion BoP, current US$ | +132.8% |
| 1999 | -3.23 billion BoP, current US$ | -53.2% |
| 2000 | -4.60 billion BoP, current US$ | +42.5% |
| 2001 | 1.41 billion BoP, current US$ | -130.6% |
| 2002 | 7.06 billion BoP, current US$ | +400.6% |
| 2003 | 8.77 billion BoP, current US$ | +24.3% |
| 2004 | 780.20 million BoP, current US$ | -91.1% |
| 2005 | -10.28 billion BoP, current US$ | -1418.1% |
| 2006 | -9.30 billion BoP, current US$ | -9.6% |
| 2007 | -8.08 billion BoP, current US$ | -13.2% |
| 2008 | -30.97 billion BoP, current US$ | +283.5% |
| 2009 | -26.19 billion BoP, current US$ | -15.5% |
| 2010 | -54.52 billion BoP, current US$ | +108.2% |
| 2011 | -62.52 billion BoP, current US$ | +14.7% |
| 2012 | -91.47 billion BoP, current US$ | +46.3% |
| 2013 | -49.12 billion BoP, current US$ | -46.3% |
| 2014 | -27.31 billion BoP, current US$ | -44.4% |
| 2015 | -22.46 billion BoP, current US$ | -17.8% |
| 2016 | -12.11 billion BoP, current US$ | -46.1% |
| 2017 | -38.17 billion BoP, current US$ | +215.1% |
| 2018 | -65.60 billion BoP, current US$ | +71.9% |
| 2019 | -29.76 billion BoP, current US$ | -54.6% |
| 2020 | 32.73 billion BoP, current US$ | -210.0% |
| 2021 | -33.42 billion BoP, current US$ | -202.1% |
| 2022 | -79.05 billion BoP, current US$ | +136.5% |
| 2023 | -31.96 billion BoP, current US$ | -59.6% |
| 2024 | -32.02 billion BoP, current US$ | +0.2% |
| 2025 | -20.23 billion BoP, current US$ | -36.8% |
India compared with similar countries
- India's -20.23 billion BoP, current US$ is below the median for lower middle income countries, which is -203.16 million BoP, current US$, 99.6× the median. (47 countries reporting)
- India's -20.23 billion BoP, current US$ is below the median for South Asia, which is -339.70 million BoP, current US$, 59.5× the median. (6 countries reporting)
Biggest year-on-year movements
Years where Current account balance (BoP, current US$) 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 |
|---|---|---|---|
| 1980 | -3646.4% | 50.34 million BoP, current US$ | -1.79 billion BoP, current US$ |
| 2005 | -1418.1% | 780.20 million BoP, current US$ | -10.28 billion BoP, current US$ |
| 1976 | +1170.3% | -147.52 million BoP, current US$ | 1.58 billion BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 858.66 million BoP, current US$ | -147.52 million BoP, current US$ | 2.12 billion BoP, current US$ | 5 |
| 1980s | -3.91 billion BoP, current US$ | -7.14 billion BoP, current US$ | -1.79 billion BoP, current US$ | 10 |
| 1990s | -4.40 billion BoP, current US$ | -7.04 billion BoP, current US$ | -1.68 billion BoP, current US$ | 10 |
| 2000s | -7.14 billion BoP, current US$ | -30.97 billion BoP, current US$ | 8.77 billion BoP, current US$ | 10 |
| 2010s | -45.30 billion BoP, current US$ | -91.47 billion BoP, current US$ | -12.11 billion BoP, current US$ | 10 |
| 2020s | -27.32 billion BoP, current US$ | -79.05 billion BoP, current US$ | 32.73 billion BoP, current US$ | 6 |
Countries ranked near India
- 187 Egypt -13.94 billion BoP, current US$ compare
- 188 Greece -15.73 billion BoP, current US$ compare
- 189 Philippines -16.85 billion BoP, current US$ compare
- 191 Canada -22.29 billion BoP, current US$ compare
- 192 Algeria -25.30 billion BoP, current US$ compare
- 193 Ukraine -28.83 billion BoP, current US$ compare
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 in India?
- Current account balance in India was -20.23 billion BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest current account balance recorded in India?
- The highest recorded value was 32.73 billion BoP, current US$ in 2020.
- What is the lowest current account balance recorded in India?
- The lowest recorded value was -91.47 billion BoP, current US$ in 2012.
- How does India rank for current account balance?
- India ranks 190th out of 200 countries with data for 2025.
- Is current account balance rising or falling in India?
- Over the last ten years it is up 9.9%. The long-run trend across the full record is volatile.
- Where does this India data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Current account balance (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.