Current Account in India

India Current Account (USD bn) | Economic News & Forecasts

India - Current Account (billions of U.S. Dollars)

The ruling coalition government led by Prime Minister Modi’s Bharatiya Janata Party will likely hold onto power over the next five years, according to exit polls released on 19 May. This indicates continuity in economic policy going forward, notably rising government spending with a focus on infrastructure and financial support for farmers. Against this backdrop, private-sector PMI data in April hinted at potentially quicker economic growth going forward despite easing to the lowest reading since September 2018, as businesses were optimistic that economic conditions would improve once the political dust settles. This comes after the private-sector PMI edged slightly lower, on average, in January–March compared to the prior quarter, and industrial production decreased in March for the first time in over one-and-a-half years.

India - Current Account (USD bn) Data

2013  2014  2015  2016  2017  
Current Account Balance (USD bn)-32.8  -27.6  -22.1  -15.2  -48.7  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.

Download

India Current Account (USD bn) Chart


India Current Account
Note: Current account balance in % of GDP.
Source: Ministry of Finance and FocusEconomics calculations.

India Facts

ValueChangeDate
Bond Yield6.92-0.04 %Jun 14
Exchange Rate69.83-0.09 %Jun 14
Stock Market39,452-0.08 %Jun 14

Sample Report

Get a sample report showing our regional, country and commodities data and analysis.

Download

Request a Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

Search form