(₹ Billion) |
Item/Year | 2012-13 | 2013-14 | 2014-15 |
Credit | Debit | Net | Credit | Debit | Net | Credit | Debit | Net |
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
A. Current account | | | | | | | | | |
1. Merchandise | 16676.90 | 27321.46 | -10644.56 | 19310.74 | 28159.18 | -8848.45 | 19342.10 | 28200.72 | -8858.62 |
2. Invisibles (a+b+c) | 12188.93 | 6340.47 | 5848.46 | 14138.43 | 7161.34 | 6977.09 | 14780.48 | 7554.99 | 7225.49 |
a) Services | 7924.88 | 4392.71 | 3532.17 | 9192.50 | 4763.82 | 4428.68 | 9671.92 | 4988.77 | 4683.16 |
i) Travel | 978.81 | 643.33 | 335.48 | 1088.07 | 714.18 | 373.89 | 1245.42 | 935.35 | 310.08 |
ii) Transportation | 943.00 | 806.05 | 136.95 | 1052.61 | 894.80 | 157.81 | 1068.65 | 989.25 | 79.40 |
iii) Insurance | 121.19 | 76.62 | 44.56 | 128.49 | 67.60 | 60.89 | 134.61 | 68.35 | 66.26 |
iv) G.n.i.e. | 31.26 | 44.22 | -12.96 | 29.47 | 58.88 | -29.41 | 33.21 | 58.71 | -25.50 |
v) Miscellaneous | 5850.62 | 2822.48 | 3028.14 | 6893.85 | 3028.35 | 3865.50 | 7190.02 | 2937.11 | 4252.91 |
of which: Software services | 3583.48 | 128.56 | 3454.91 | 4206.77 | 151.75 | 4055.02 | 4470.87 | 165.82 | 4305.05 |
Business services | 1547.80 | 1650.36 | -102.57 | 1722.50 | 1645.50 | 76.99 | 1737.93 | 1691.73 | 46.20 |
Financial services | 269.41 | 252.01 | 17.40 | 401.58 | 346.04 | 55.54 | 345.83 | 217.72 | 128.11 |
Communication services | 91.77 | 40.30 | 51.48 | 145.61 | 63.35 | 82.26 | 122.24 | 62.36 | 59.88 |
b) Transfers | 3704.64 | 220.71 | 3483.93 | 4257.16 | 309.92 | 3947.25 | 4288.63 | 271.99 | 4016.63 |
i) Official | 25.10 | 41.98 | -16.88 | 46.72 | 58.65 | -11.93 | 19.70 | 54.61 | -34.91 |
ii) Private | 3679.54 | 178.73 | 3500.81 | 4210.44 | 251.26 | 3959.18 | 4268.93 | 217.39 | 4051.54 |
c) Income | 559.41 | 1727.05 | -1167.64 | 688.77 | 2087.61 | -1398.84 | 819.94 | 2294.23 | -1474.30 |
i) Investment income | 392.13 | 1609.57 | -1217.44 | 489.33 | 1917.68 | -1428.35 | 602.25 | 2127.01 | -1524.77 |
ii) Compensation of employees | 167.29 | 117.48 | 49.80 | 199.44 | 169.93 | 29.51 | 217.69 | 167.22 | 50.47 |
Total Current account (1+2) | 28865.83 | 33661.93 | -4796.10 | 33449.16 | 35320.52 | -1871.36 | 34122.58 | 35755.71 | -1633.13 |
B. Capital account | | | | | | | | | |
1. Foreign investment (a+b) | 11698.22 | 9151.69 | 2546.53 | 14906.78 | 13310.29 | 1596.50 | 18862.25 | 14371.53 | 4490.72 |
a) Foreign direct investment (i+ii) | 2167.37 | 1085.51 | 1081.86 | 2638.94 | 1339.25 | 1299.69 | 3170.87 | 1258.69 | 1912.19 |
i) In India | 1868.69 | 399.15 | 1469.54 | 2185.95 | 317.65 | 1868.30 | 2764.00 | 605.06 | 2158.93 |
Equity | 1247.73 | 372.48 | 875.25 | 1533.23 | 287.49 | 1245.74 | 1953.24 | 589.63 | 1363.62 |
Reinvested earnings | 537.37 | 0.00 | 537.37 | 544.24 | 0.00 | 544.24 | 611.33 | 0.00 | 611.33 |
Other capital | 83.58 | 26.67 | 56.91 | 108.48 | 30.16 | 78.32 | 199.43 | 15.44 | 183.99 |
ii) Abroad | 298.68 | 686.37 | -387.68 | 452.99 | 1021.59 | -568.60 | 406.88 | 653.63 | -246.75 |
Equity | 298.68 | 386.14 | -87.46 | 452.99 | 761.60 | -308.61 | 406.88 | 237.11 | 169.77 |
Reinvested earnings | 0.00 | 64.71 | -64.71 | 0.00 | 70.70 | -70.70 | 0.00 | 204.04 | -204.04 |
Other capital | 0.00 | 235.51 | -235.51 | 0.00 | 189.30 | -189.30 | 0.00 | 212.47 | -212.47 |
b) Portfolio investment | 9530.85 | 8066.18 | 1464.67 | 12267.84 | 11971.04 | 296.80 | 15691.38 | 13112.85 | 2578.53 |
i) In India | 9450.11 | 7937.60 | 1512.51 | 12218.16 | 11907.13 | 311.03 | 15647.66 | 13070.04 | 2577.62 |
of which: FIIs | 9439.89 | 7937.60 | 1502.28 | 12217.04 | 11907.13 | 309.91 | 15568.57 | 13070.04 | 2498.53 |
GDRs/ADRs | 10.23 | 0.00 | 10.23 | 1.12 | 0.00 | 1.12 | 79.09 | 0.00 | 79.09 |
ii) Abroad | 80.74 | 128.58 | -47.84 | 49.68 | 63.91 | -14.23 | 43.72 | 42.81 | 0.91 |
2. Loans (a+b+c) | 8433.53 | 6742.79 | 1690.73 | 8134.42 | 7675.41 | 459.01 | 7541.68 | 7344.35 | 197.33 |
a) External assistance | 257.47 | 204.21 | 53.26 | 282.39 | 220.43 | 61.97 | 354.08 | 247.87 | 106.22 |
i) By India | 2.82 | 18.38 | -15.56 | 2.74 | 14.78 | -12.03 | 3.68 | 23.70 | -20.01 |
ii) To India | 254.65 | 185.83 | 68.82 | 279.65 | 205.65 | 74.00 | 350.40 | 224.17 | 126.23 |
b) Commercial borrowings | 1501.58 | 1041.06 | 460.52 | 1827.60 | 1103.44 | 724.16 | 1703.86 | 1608.28 | 95.57 |
ii) By India | 115.13 | 120.68 | -5.54 | 98.51 | 35.64 | 62.88 | 98.42 | 16.53 | 81.90 |
ii) To India | 1386.45 | 920.38 | 466.07 | 1729.08 | 1067.80 | 661.28 | 1605.43 | 1591.76 | 13.68 |
c) Short term to India | 6674.47 | 5497.52 | 1176.95 | 6024.42 | 6351.55 | -327.12 | 5483.74 | 5488.20 | -4.46 |
i) Suppliers' Credit >180 days & Buyers' Credit | 6485.03 | 5405.49 | 1079.54 | 6008.49 | 6270.93 | -262.45 | 5356.89 | 5450.24 | -93.34 |
ii) Suppliers' credit up to 180 days | 189.44 | 92.03 | 97.41 | 15.94 | 80.61 | -64.67 | 126.85 | 37.97 | 88.89 |
3. Banking capital (a+b) | 4554.07 | 3651.40 | 902.68 | 6544.82 | 5028.18 | 1516.64 | 5509.76 | 4788.93 | 720.83 |
a) Commercial banks | 4518.66 | 3642.09 | 876.56 | 6514.91 | 5028.18 | 1486.73 | 5402.46 | 4788.93 | 613.53 |
i) Assets | 654.22 | 726.04 | -71.82 | 865.60 | 1314.23 | -448.64 | 1034.41 | 1128.95 | -94.54 |
ii) Liabilities | 3864.44 | 2916.05 | 948.39 | 5649.31 | 3713.94 | 1935.37 | 4368.05 | 3659.98 | 708.07 |
of which: Non-resident deposits | 3551.92 | 2745.41 | 806.51 | 5331.98 | 2951.99 | 2380.00 | 3868.67 | 3007.43 | 861.25 |
b) Others | 35.42 | 9.30 | 26.11 | 29.90 | 0.00 | 29.90 | 107.30 | 0.00 | 107.30 |
4. Rupee debt service | 0.00 | 3.13 | -3.13 | 0.00 | 3.04 | -3.04 | 0.00 | 4.89 | -4.89 |
5. Other capital | 970.73 | 1250.20 | -279.46 | 1338.01 | 2008.92 | -670.91 | 1765.62 | 1694.11 | 71.51 |
Total capital account (1 to 5) | 25656.56 | 20799.22 | 4857.34 | 30924.03 | 28025.84 | 2898.19 | 33679.31 | 28203.81 | 5475.50 |
C. Errors & omissions | 145.78 | 0.00 | 145.78 | 49.63 | 115.92 | -66.29 | 67.25 | 130.37 | -63.12 |
D. Overall balance (A+B+C) | 54668.17 | 54461.15 | 207.02 | 64422.83 | 63462.29 | 960.54 | 67869.14 | 64089.89 | 3779.25 |
E. Monetary movements (i+ii) | 8.72 | 215.74 | -207.02 | 663.89 | 1624.43 | -960.54 | 0.00 | 3779.25 | -3779.25 |
i) I.M.F. | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
ii) Foreign exchange reserves (Increase- / Decrease+) | 8.72 | 215.74 | -207.02 | 663.89 | 1624.43 | -960.54 | 0.00 | 3779.25 | -3779.25 |
of which: SDR Allocation | . | . | . | . | . | . | . | . | . |
(Continued) |
TABLE 134 : INDIA'S OVERALL BALANCE OF PAYMENTS - RUPEES (Concld.) |
(₹ Billion) |
Item/Year | 2015-16 | 2016-17 | 2017-18 |
Credit | Debit | Net | Credit | Debit | Net | Credit | Debit | Net |
1 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 |
A. Current account | | | | | | | | | |
1. Merchandise | 17432.89 | 25928.20 | -8495.31 | 18789.43 | 26333.95 | -7544.52 | 19914.36 | 30231.63 | -10317.27 |
2. Invisibles (a+b+c) | 15386.93 | 8329.24 | 7057.69 | 16235.52 | 9660.16 | 6575.36 | 18267.20 | 11091.19 | 7176.01 |
a) Services | 10104.46 | 5546.17 | 4558.28 | 11013.66 | 6429.16 | 4584.50 | 12574.72 | 7575.03 | 4999.68 |
i) Travel | 1395.42 | 967.56 | 427.86 | 1559.29 | 1103.18 | 456.11 | 1827.68 | 1257.78 | 569.90 |
ii) Transportation | 916.60 | 986.18 | -69.58 | 1063.12 | 947.73 | 115.39 | 1124.18 | 1134.88 | -10.71 |
iii) Insurance | 131.13 | 75.30 | 55.83 | 147.95 | 100.33 | 47.61 | 161.54 | 109.57 | 51.97 |
iv) G.n.i.e. | 37.88 | 56.77 | -18.90 | 39.46 | 40.21 | -0.75 | 42.80 | 51.19 | -8.39 |
v) Miscellaneous | 7623.43 | 3460.35 | 4163.08 | 8203.84 | 4237.71 | 3966.13 | 9418.52 | 5021.62 | 4396.90 |
of which: Software services | 4854.64 | 176.83 | 4677.81 | 4987.00 | 240.62 | 4746.38 | 4984.02 | 331.25 | 4652.77 |
Business services | 1896.93 | 2038.60 | -141.67 | 2209.81 | 2167.54 | 42.27 | 2407.22 | 2360.96 | 46.26 |
Financial services | 322.71 | 204.87 | 117.84 | 341.93 | 392.62 | -50.69 | 332.71 | 356.91 | -24.20 |
Communication services | 142.30 | 65.92 | 76.39 | 159.28 | 61.06 | 98.22 | 135.16 | 61.49 | 73.66 |
b) Transfers | 4319.23 | 222.03 | 4097.20 | 4129.18 | 374.32 | 3754.86 | 4476.70 | 452.24 | 4024.45 |
i) Official | 28.51 | 62.13 | -33.63 | 17.98 | 57.50 | -39.52 | 21.03 | 53.97 | -32.95 |
ii) Private | 4290.72 | 159.89 | 4130.83 | 4111.20 | 316.82 | 3794.38 | 4455.67 | 398.27 | 4057.40 |
c) Income | 963.24 | 2561.04 | -1597.79 | 1092.68 | 2856.68 | -1764.00 | 1215.79 | 3063.91 | -1848.13 |
i) Investment income | 727.70 | 2414.48 | -1686.78 | 828.57 | 2686.14 | -1857.57 | 928.48 | 2915.72 | -1987.24 |
ii) Compensation of employees | 235.55 | 146.56 | 88.99 | 264.11 | 170.54 | 93.57 | 287.31 | 148.19 | 139.11 |
Total Current account (1+2) | 32819.82 | 34257.44 | -1437.62 | 35024.95 | 35994.11 | -969.16 | 38181.56 | 41322.82 | -3141.26 |
B. Capital account | | | | | | | | | |
1. Foreign investment (a+b) | 18071.52 | 15985.73 | 2085.79 | 20823.18 | 17929.24 | 2893.94 | 23176.50 | 19799.66 | 3376.84 |
a) Foreign direct investment (i+ii) | 3924.22 | 1566.40 | 2357.82 | 4748.11 | 2358.98 | 2389.13 | 4154.21 | 2203.69 | 1950.52 |
i) In India | 3641.46 | 698.88 | 2942.58 | 4040.57 | 1207.65 | 2832.92 | 3929.44 | 1389.68 | 2539.77 |
Equity | 2696.60 | 690.58 | 2006.02 | 2999.82 | 1161.59 | 1838.22 | 2933.52 | 1375.59 | 1557.93 |
Reinvested earnings | 683.43 | 0.00 | 683.43 | 827.87 | 0.00 | 827.87 | 808.40 | 0.00 | 808.40 |
Other capital | 261.43 | 8.30 | 253.13 | 212.89 | 46.06 | 166.83 | 187.53 | 14.09 | 173.44 |
ii) Abroad | 282.76 | 867.52 | -584.76 | 707.53 | 1151.33 | -443.79 | 224.77 | 814.02 | -589.25 |
Equity | 282.76 | 427.50 | -144.74 | 707.53 | 656.75 | 50.79 | 224.77 | 338.66 | -113.89 |
Reinvested earnings | 0.00 | 218.47 | -218.47 | 0.00 | 196.21 | -196.21 | 0.00 | 183.87 | -183.87 |
Other capital | 0.00 | 221.54 | -221.54 | 0.00 | 298.36 | -298.36 | 0.00 | 291.49 | -291.49 |
b) Portfolio investment | 14147.30 | 14419.33 | -272.03 | 16075.07 | 15570.26 | 504.82 | 19022.28 | 17595.97 | 1426.32 |
i) In India | 14091.76 | 14329.98 | -238.22 | 15926.17 | 15410.95 | 515.22 | 18922.01 | 17492.53 | 1429.48 |
of which: FIIs | 14067.92 | 14329.98 | -262.07 | 15926.17 | 15410.95 | 515.22 | 18922.01 | 17492.53 | 1429.48 |
GDRs/ADRs | 23.85 | 0.00 | 23.85 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
ii) Abroad | 55.53 | 89.35 | -33.81 | 148.90 | 159.31 | -10.40 | 100.27 | 103.44 | -3.17 |
2. Loans (a+b+c) | 7884.03 | 8181.70 | -297.67 | 8085.29 | 7924.90 | 160.38 | 9482.50 | 8408.28 | 1074.22 |
a) External assistance | 402.44 | 302.29 | 100.15 | 435.61 | 300.56 | 135.05 | 497.50 | 307.73 | 189.77 |
i) By India | 3.83 | 33.99 | -30.16 | 3.88 | 15.48 | -11.60 | 3.55 | 8.01 | -4.46 |
ii) To India | 398.61 | 268.30 | 130.31 | 431.73 | 285.08 | 146.65 | 493.95 | 299.72 | 194.23 |
b) Commercial borrowings | 1585.72 | 1887.46 | -301.74 | 1515.22 | 1924.54 | -409.32 | 2506.05 | 2517.66 | -11.61 |
i) By India | 218.45 | 132.26 | 86.19 | 303.95 | 204.00 | 99.96 | 920.78 | 881.10 | 39.68 |
ii) To India | 1367.27 | 1755.20 | -387.93 | 1211.27 | 1720.54 | -509.28 | 1585.27 | 1636.55 | -51.29 |
c) Short term to India | 5895.87 | 5991.94 | -96.07 | 6134.46 | 5699.81 | 434.65 | 6478.95 | 5582.89 | 896.06 |
i) Suppliers' Credit >180 days & Buyers' Credit | 5729.75 | 5870.19 | -140.44 | 6019.70 | 5687.18 | 332.52 | 6236.70 | 5582.89 | 653.81 |
ii) Suppliers' credit up to 180 days | 166.12 | 121.75 | 44.37 | 114.75 | 12.62 | 102.13 | 242.25 | 0.00 | 242.25 |
3. Banking capital (a+b) | 5798.05 | 5145.47 | 652.57 | 5616.10 | 6727.87 | -1111.77 | 6167.27 | 5123.00 | 1044.27 |
a) Commercial banks | 5795.63 | 5127.74 | 667.88 | 5596.80 | 6727.71 | -1130.91 | 6140.31 | 5096.02 | 1044.30 |
i) Assets | 1240.69 | 1512.64 | -271.95 | 1993.90 | 1934.10 | 59.80 | 1646.73 | 1665.47 | -18.74 |
ii) Liabilities | 4554.93 | 3615.10 | 939.83 | 3602.90 | 4793.61 | -1190.71 | 4493.59 | 3430.55 | 1063.04 |
of which: Non-resident deposits | 3921.55 | 2874.89 | 1046.66 | 3193.39 | 4030.03 | -836.64 | 3837.65 | 3213.75 | 623.90 |
b) Others | 2.42 | 17.73 | -15.31 | 19.30 | 0.16 | 19.14 | 26.95 | 26.98 | -0.03 |
4. Rupee debt service | 0.00 | 4.76 | -4.76 | 0.00 | 6.65 | -6.65 | 0.00 | 4.82 | -4.82 |
5. Other capital | 1606.53 | 1379.09 | 227.44 | 2409.45 | 1901.99 | 507.47 | 2661.06 | 2260.37 | 400.69 |
Total capital account (1 to 5) | 33360.13 | 30696.74 | 2663.38 | 36934.01 | 34490.65 | 2443.37 | 41487.32 | 35596.13 | 5891.19 |
C. Errors & omissions | 27.96 | 95.42 | -67.46 | 25.50 | 57.37 | -31.87 | 122.49 | 64.26 | 58.23 |
D. Overall balance (A+B+C) | 66207.90 | 65049.60 | 1158.30 | 71984.47 | 70542.13 | 1442.34 | 79791.37 | 76983.21 | 2808.16 |
E. Monetary movements (i+ii) | 55.63 | 1213.93 | -1158.30 | 83.73 | 1526.07 | -1442.34 | 0.00 | 2808.16 | -2808.16 |
i) I.M.F. | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
ii) Foreign exchange reserves (Increase- / Decrease+) | 55.63 | 1213.93 | -1158.30 | 83.73 | 1526.07 | -1442.34 | 0.00 | 2808.16 | -2808.16 |
of which: SDR Allocation | . | . | . | . | . | . | . | . | . |
G.n.i.e.: Government not included elsewhere. Notes : 1. Data for 2017-18 are preliminary estimates and 2016-17 are partially revised. 2. Total may not tally due to rounding off. Also see Notes on Tables. |