Current account balance in India
India: Current account balance was -0.4% 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 % of GDP.
Analysis
In 2025, current account balance in India stood at -0.4%.
The figure is up 51.0% on the previous year and up 61.0% over ten years.
Over the whole period, current account balance in India peaked at 1.7% in 1977 and was at its lowest, -5.0%, in 2012.
That places India 85th out of 199 countries with data for 2025, putting it 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 in India, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1975 | -0.1% | — |
| 1976 | 1.5% | -1126.1% |
| 1977 | 1.7% | +13.5% |
| 1978 | 0.5% | -71.1% |
| 1979 | 0.0% | -93.5% |
| 1980 | -1.0% | -3011.9% |
| 1981 | -1.4% | +45.6% |
| 1982 | -1.3% | -9.8% |
| 1983 | -0.9% | -29.4% |
| 1984 | -1.1% | +22.7% |
| 1985 | -1.8% | +63.5% |
| 1986 | -1.8% | +3.0% |
| 1987 | -1.9% | +1.0% |
| 1988 | -2.4% | +30.0% |
| 1989 | -2.3% | -4.5% |
| 1990 | -2.2% | -4.8% |
| 1991 | -1.6% | -27.5% |
| 1992 | -1.6% | -2.1% |
| 1993 | -0.7% | -56.8% |
| 1994 | -0.5% | -23.7% |
| 1995 | -1.5% | +201.5% |
| 1996 | -1.5% | -1.8% |
| 1997 | -0.7% | -53.0% |
| 1998 | -1.6% | +129.8% |
| 1999 | -0.7% | -57.1% |
| 2000 | -1.0% | +39.6% |
| 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% | +130.5% |
| 2023 | -0.9% | -62.5% |
| 2024 | -0.9% | -6.7% |
| 2025 | -0.4% | -51.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.7% | -0.1% | 1.7% | 5 |
| 1980s | -1.6% | -2.4% | -0.9% | 10 |
| 1990s | -1.3% | -2.2% | -0.5% | 10 |
| 2000s | -0.5% | -2.6% | 1.4% | 10 |
| 2010s | -2.2% | -5.0% | -0.5% | 10 |
| 2020s | -0.7% | -2.4% | 1.2% | 6 |
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)
- Manufacturing, value added (constant LCU), per capita 32,680 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 5.33 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.252 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 681.16 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual 8.76 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 22.01 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 59,483 current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) 8.78 % change on previous year (2025)
Frequently asked questions
- What is current account balance in India?
- Current account balance in India was -0.4% 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 1.7% in 1977.
- What is the lowest current account balance recorded in India?
- The lowest recorded value was -5.0% in 2012.
- How does India rank for current account balance?
- India ranks 85th out of 199 countries with data for 2025.
- Is current account balance rising or falling in India?
- Over the last ten years it is up 61.0%. 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 (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 51 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.