| (US$ million) | | | 2020-21 | 2021-22 | 2022-23 | 2023-24 | 2024-25 (P) | | 1 | 2 | 3 | 4 | 5 | 6 | | A. CURRENT ACCOUNT | | | | | | | 1 Exports, f.o.b. | 296,300 | 429,164 | 456,073 | 4,41,443 | 3,25,540 | | 2 Imports, c.i.f. | 398,452 | 618,623 | 721,364 | 6,86,338 | 5,52,767 | | 3 Trade Balance | -102,152 | -189,459 | -265,291 | -2,44,896 | -2,27,227 | | 4 Invisibles, Net | 126,065 | 150,694 | 198,236 | 2,18,780 | 1,90,127 | | a) ‘Non-factor’ Services of which : | 88,565 | 107,516 | 143,283 | 1,62,752 | 1,35,518 | | Software Services | 89,741 | 109,540 | 131,284 | 1,42,074 | 1,18,129 | | b) Income | -35,960 | -37,269 | -45,923 | -49,757 | -37,278 | | c) Private Transfers | 74,439 | 81,230 | 101,776 | 1,06,631 | 92,708 | | 5 Current Account Balance | 23,912 | -38,766 | -67,055 | -26,116 | -37,100 | | B. CAPITAL ACCOUNT | | | | | | | 1 Foreign Investment, Net (a+b) | 80,092 | 21,809 | 22,834 | 54,210 | 10,980 | | a) Direct Investment | 43,955 | 38,587 | 27,986 | 10,129 | 1,557 | | b) Portfolio Investment | 36,137 | -16,777 | -5,152 | 44,081 | 9,423 | | 2 External Assistance, Net | 11,167 | 5,366 | 5,521 | 7,460 | 4,187 | | 3 Commercial Borrowings, Net | -134 | 8,135 | -3,790 | -12 | 7,922 | | 4 Short Term Credit, Net | -4,130 | 20,105 | 6,539 | -833 | 11,086 | | 5 Banking Capital of which : | -21,067 | 6,669 | 20,980 | 40,543 | -817 | | NRI Deposits, Net | 7,364 | 3,234 | 8,989 | 14,702 | 13,333 | | 6 Rupee Debt Service | -64 | -71 | -68 | -72 | -63 | | 7 Other Capital, Net& | -2,143 | 23,794 | 6,928 | -11,786 | -10,595 | | 8 Total Capital Account | 63,721 | 85,807 | 58,943 | 89,509 | 22,701 | | C. Errors & Omissions | -347 | 459 | -1,024 | 308 | 578 | | D. Overall Balance [A(5)+B(8)+C] | 87,286 | 47,501 | -9,135 | 63,702 | -13,821 | | E. Monetary Movements (F+G) | -87,286 | -47,501 | 9,135 | -63,702 | 13,821 | | F. IMF, Net | 0 | 0 | 0 | 0 | 0 | | G. Reserves and Monetary Gold (Increase -, Decrease +) | -87,286 | -47,501 | 9,135 | -63,702 | 13,821 | | of which : SDR Allocation | 0 | -17,862 | 0 | 0 | 0 | | Memo: As a ratio to GDP | | | | | | | 1 Trade Balance | -3.8 | -6.0 | -7.9 | -6.7 | -7.9 | | 2 Net Services | 3.3 | 3.4 | 4.3 | 4.5 | 4.7 | | 3 Net Income | -1.3 | -1.2 | -1.4 | -1.4 | -1.3 | | 4 Current Account Balance | 0.9 | -1.2 | -2.0 | -0.7 | -1.3 | | 5 Capital Account, Net | 2.4 | 2.7 | 1.8 | 2.5 | 0.8 | | 6 Foreign Investment, Net | 3.0 | 0.7 | 0.7 | 1.5 | 0.4 | P : Data are provisional and pertain to April-December 2024.
& : Includes delayed export receipts, advance payments against imports, net funds held abroad, and advances received pending issue of shares under FDI.
Note: 1. Gold and silver brought by returning Indians have been included under imports, with a contra entry in private transfer receipts.
2. Data on exports and imports differ from those given by DGCI&S on account of differences in coverage, valuation, and timing.
Source: RBI. |
Index |