(₹ Crore) |
Item/Year | 2013-14 | 2014-15 | 2015-16 |
Credit | Debit | Net | Credit | Debit | Net | Credit | Debit | Net |
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
A. Current account | | | | | | | | | |
1. Merchandise | 1931074 | 2815918 | -884845 | 1934210 | 2820072 | -885862 | 1743289 | 2592820 | -849531 |
2. Invisibles (a+b+c) | 1413843 | 716134 | 697709 | 1478048 | 755499 | 722549 | 1538693 | 832924 | 705769 |
a) Services | 919250 | 476382 | 442868 | 967192 | 498877 | 468316 | 1010446 | 554617 | 455828 |
i) Travel | 108807 | 71418 | 37389 | 124542 | 93535 | 31008 | 139542 | 96756 | 42786 |
ii) Transportation | 105261 | 89480 | 15781 | 106865 | 98925 | 7940 | 91660 | 98618 | -6958 |
iii) Insurance | 12849 | 6760 | 6089 | 13461 | 6835 | 6626 | 13113 | 7530 | 5583 |
iv) G.n.i.e. | 2947 | 5888 | -2941 | 3321 | 5871 | -2550 | 3788 | 5677 | -1890 |
v) Miscellaneous | 689385 | 302835 | 386550 | 719002 | 293711 | 425291 | 762343 | 346035 | 416308 |
of which: Software services | 420677 | 15175 | 405502 | 447087 | 16582 | 430505 | 485464 | 17683 | 467781 |
Business services | 172250 | 164550 | 7699 | 173793 | 169173 | 4620 | 189693 | 203860 | -14167 |
Financial services | 40158 | 34604 | 5554 | 34583 | 21772 | 12811 | 32271 | 20487 | 11784 |
Communication services | 14561 | 6335 | 8226 | 12224 | 6236 | 5988 | 14230 | 6592 | 7639 |
b) Transfers | 425716 | 30992 | 394725 | 428863 | 27199 | 401663 | 431923 | 22203 | 409720 |
i) Official | 4672 | 5865 | -1193 | 1970 | 5461 | -3491 | 2851 | 6213 | -3363 |
ii) Private | 421044 | 25126 | 395918 | 426893 | 21739 | 405154 | 429072 | 15989 | 413083 |
c) Income | 68877 | 208761 | -139884 | 81994 | 229423 | -147430 | 96324 | 256104 | -159779 |
i) Investment income | 48933 | 191768 | -142835 | 60225 | 212701 | -152477 | 72770 | 241448 | -168678 |
ii) Compensation of employees | 19944 | 16993 | 2951 | 21769 | 16722 | 5047 | 23555 | 14656 | 8899 |
Total Current account (1+2) | 3344916 | 3532052 | -187136 | 3412258 | 3575571 | -163313 | 3281982 | 3425744 | -143762 |
B. Capital account | | | | | | | | | |
1. Foreign investment (a+b) | 1490678 | 1331029 | 159650 | 1886225 | 1437153 | 449072 | 1807152 | 1598573 | 208579 |
a) Foreign direct investment (i+ii) | 263894 | 133925 | 129969 | 317087 | 125869 | 191219 | 392422 | 156640 | 235782 |
i) In India | 218595 | 31765 | 186830 | 276400 | 60506 | 215893 | 364146 | 69888 | 294258 |
Equity | 153323 | 28749 | 124574 | 195324 | 58963 | 136362 | 269660 | 69058 | 200602 |
Reinvested earnings | 54424 | 0 | 54424 | 61133 | 0 | 61133 | 68343 | 0 | 68343 |
Other capital | 10848 | 3016 | 7832 | 19943 | 1544 | 18399 | 26143 | 830 | 25313 |
ii) Abroad | 45299 | 102159 | -56860 | 40688 | 65363 | -24675 | 28276 | 86752 | -58476 |
Equity | 45299 | 76160 | -30861 | 40688 | 23711 | 16977 | 28276 | 42750 | -14474 |
Reinvested earnings | 0 | 7070 | -7070 | 0 | 20404 | -20404 | 0 | 21847 | -21847 |
Other capital | 0 | 18930 | -18930 | 0 | 21247 | -21247 | 0 | 22154 | -22154 |
b) Portfolio investment | 1226784 | 1197104 | 29680 | 1569138 | 1311285 | 257853 | 1414730 | 1441933 | -27203 |
i) In India | 1221816 | 1190713 | 31103 | 1564766 | 1307004 | 257762 | 1409176 | 1432998 | -23822 |
of which: FIIs | 1221704 | 1190713 | 30991 | 1556857 | 1307004 | 249853 | 1406792 | 1432998 | -26207 |
GDRs/ADRs | 112 | 0 | 112 | 7909 | 0 | 7909 | 2385 | 0 | 2385 |
ii) Abroad | 4968 | 6391 | -1423 | 4372 | 4281 | 91 | 5553 | 8935 | -3381 |
2. Loans (a+b+c) | 813442 | 767541 | 45901 | 754168 | 734435 | 19733 | 788403 | 818170 | -29767 |
a) External assistance | 28239 | 22043 | 6197 | 35408 | 24787 | 10622 | 40244 | 30229 | 10015 |
i) By India | 274 | 1478 | -1203 | 368 | 2370 | -2001 | 383 | 3399 | -3016 |
ii) To India | 27965 | 20565 | 7400 | 35040 | 22417 | 12623 | 39861 | 26830 | 13031 |
b) Commercial borrowings | 182760 | 110344 | 72416 | 170386 | 160828 | 9557 | 158572 | 188746 | -30174 |
ii) By India | 9851 | 3564 | 6288 | 9842 | 1653 | 8190 | 21845 | 13226 | 8619 |
ii) To India | 172908 | 106780 | 66128 | 160543 | 159176 | 1368 | 136727 | 175520 | -38793 |
c) Short term to India | 602442 | 635155 | -32712 | 548374 | 548820 | -446 | 589587 | 599194 | -9607 |
i) Suppliers' Credit >180 days & Buyers' Credit | 600849 | 627093 | -26245 | 535689 | 545024 | -9334 | 572975 | 587019 | -14044 |
ii) Suppliers' credit up to 180 days | 1594 | 8061 | -6467 | 12685 | 3797 | 8889 | 16612 | 12175 | 4437 |
3. Banking capital (a+b) | 654482 | 502818 | 151664 | 550976 | 478893 | 72083 | 579805 | 514547 | 65257 |
a) Commercial banks | 651491 | 502818 | 148673 | 540246 | 478893 | 61353 | 579563 | 512774 | 66788 |
i) Assets | 86560 | 131423 | -44864 | 103441 | 112895 | -9454 | 124069 | 151264 | -27195 |
ii) Liabilities | 564931 | 371394 | 193537 | 436805 | 365998 | 70807 | 455493 | 361510 | 93983 |
of which: Non-resident deposits | 533198 | 295199 | 238000 | 386867 | 300743 | 86125 | 392155 | 287489 | 104666 |
b) Others | 2990 | 0 | 2990 | 10730 | 0 | 10730 | 242 | 1773 | -1531 |
4. Rupee debt service | 0 | 304 | -304 | 0 | 489 | -489 | 0 | 476 | -476 |
5. Other capital | 133801 | 200892 | -67091 | 176562 | 169411 | 7151 | 160653 | 137909 | 22744 |
Total capital account (1 to 5) | 3092403 | 2802584 | 289819 | 3367931 | 2820381 | 547550 | 3336013 | 3069674 | 266338 |
C. Errors & omissions | 4963 | 11592 | -6629 | 6725 | 13037 | -6312 | 2796 | 9542 | -6746 |
D. Overall balance (A+B+C) | 6442283 | 6346229 | 96054 | 6786914 | 6408989 | 377925 | 6620790 | 6504960 | 115830 |
E. Monetary movements (i+ii) | 66389 | 162443 | -96054 | 0 | 377925 | -377925 | 5563 | 121393 | -115830 |
i) I.M.F. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
ii) Foreign exchange reserves (Increase- / Decrease+) | 66389 | 162443 | -96054 | 0 | 377925 | -377925 | 5563 | 121393 | -115830 |
of which: SDR Allocation | – | – | – | – | – | – | 0 | 0 | 0 |
(Continued) |
TABLE 132 : INDIA'S OVERALL BALANCE OF PAYMENTS - RUPEES (Concld.) |
(₹ crore) |
Item/Year | 2016-17 | 2017-18 | 2018-19 |
Credit | Debit | Net | Credit | Debit | Net | Credit | Debit | Net |
1 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 |
A. Current account | | | | | | | | | |
1. Merchandise | 1878943 | 2633395 | -754452 | 1991436 | 3023163 | -1031727 | 2358211 | 3619072 | -1260861 |
2. Invisibles (a+b+c) | 1623552 | 966016 | 657536 | 1826720 | 1109119 | 717601 | 2144996 | 1284363 | 860633 |
a) Services | 1101366 | 642916 | 458450 | 1257472 | 757503 | 499968 | 1456277 | 882494 | 573783 |
i) Travel | 155929 | 110318 | 45611 | 182768 | 125778 | 56990 | 199142 | 151485 | 47658 |
ii) Transportation | 106312 | 94773 | 11539 | 112418 | 113488 | -1071 | 136100 | 143689 | -7589 |
iii) Insurance | 14795 | 10033 | 4761 | 16154 | 10957 | 5197 | 18634 | 12543 | 6091 |
iv) G.n.i.e. | 3946 | 4021 | -75 | 4280 | 5119 | -839 | 4260 | 7795 | -3535 |
v) Miscellaneous | 820384 | 423771 | 396613 | 941852 | 502162 | 439690 | 1098141 | 566982 | 531159 |
of which: Software services | 498700 | 24062 | 474638 | 498402 | 33125 | 465277 | 583926 | 40585 | 543340 |
Business services | 220981 | 216754 | 4227 | 240722 | 236096 | 4626 | 273644 | 282815 | -9170 |
Financial services | 34193 | 39262 | -5069 | 33271 | 35691 | -2420 | 34019 | 24428 | 9591 |
Communication services | 15928 | 6106 | 9822 | 13516 | 6149 | 7366 | 17956 | 7918 | 10038 |
b) Transfers | 412918 | 37432 | 375486 | 447670 | 45224 | 402445 | 535951 | 46776 | 489175 |
i) Official | 1798 | 5750 | -3952 | 2103 | 5397 | -3295 | 1743 | 6308 | -4565 |
ii) Private | 411120 | 31682 | 379438 | 445567 | 39827 | 405740 | 534207 | 40468 | 493740 |
c) Income | 109268 | 285668 | -176400 | 121579 | 306391 | -184813 | 152769 | 355093 | -202324 |
i) Investment income | 82857 | 268614 | -185757 | 92848 | 291572 | -198724 | 119592 | 338456 | -218864 |
ii) Compensation of employees | 26411 | 17054 | 9357 | 28731 | 14819 | 13911 | 33177 | 16637 | 16540 |
Total Current account (1+2) | 3502495 | 3599411 | -96916 | 3818156 | 4132282 | -314126 | 4503207 | 4903435 | -400227 |
B. Capital account | | | | | | | | | |
1. Foreign investment (a+b) | 2082318 | 1792924 | 289394 | 2317650 | 1979966 | 337684 | 2249875 | 2037696 | 212179 |
a) Foreign direct investment (i+ii) | 474811 | 235898 | 238913 | 415421 | 220369 | 195052 | 453100 | 239063 | 214036 |
i) In India | 404057 | 120765 | 283292 | 392944 | 138968 | 253977 | 433069 | 131136 | 301932 |
Equity | 299982 | 116159 | 183822 | 293352 | 137559 | 155793 | 314461 | 129397 | 185064 |
Reinvested earnings | 82787 | 0 | 82787 | 80840 | 0 | 80840 | 95671 | 0 | 95671 |
Other capital | 21289 | 4606 | 16683 | 18753 | 1409 | 17344 | 22937 | 1739 | 21198 |
ii) Abroad | 70753 | 115133 | -44379 | 22477 | 81402 | -58925 | 20031 | 107927 | -87896 |
Equity | 70753 | 65675 | 5079 | 22477 | 33866 | -11389 | 20031 | 50188 | -30157 |
Reinvested earnings | 0 | 19621 | -19621 | 0 | 18387 | -18387 | 0 | 21203 | -21203 |
Other capital | 0 | 29836 | -29836 | 0 | 29149 | -29149 | 0 | 36536 | -36536 |
b) Portfolio investment | 1607507 | 1557026 | 50482 | 1902228 | 1759597 | 142632 | 1796775 | 1798633 | -1857 |
i) In India | 1592617 | 1541095 | 51522 | 1892201 | 1749253 | 142948 | 1774547 | 1774552 | -5 |
of which: FIIs | 1592617 | 1541095 | 51522 | 1892201 | 1749253 | 142948 | 1761779 | 1774552 | -12773 |
GDRs/ADRs | 0 | 0 | 0 | 0 | 0 | 0 | 12768 | 0 | 12768 |
ii) Abroad | 14890 | 15931 | -1040 | 10027 | 10344 | -317 | 22229 | 24080 | -1852 |
2. Loans (a+b+c) | 808529 | 792490 | 16038 | 948250 | 840828 | 107422 | 659143 | 545701 | 113441 |
a) External assistance | 43561 | 30056 | 13505 | 49750 | 30773 | 18977 | 60429 | 36287 | 24143 |
i) By India | 388 | 1548 | -1160 | 355 | 801 | -446 | 325 | 837 | -511 |
ii) To India | 43173 | 28508 | 14665 | 49395 | 29972 | 19423 | 60104 | 35450 | 24654 |
b) Commercial borrowings | 151522 | 192454 | -40932 | 250605 | 251766 | -1161 | 296867 | 222753 | 74114 |
ii) By India | 30395 | 20400 | 9996 | 92078 | 88110 | 3968 | 97579 | 93094 | 4485 |
ii) To India | 121127 | 172054 | -50928 | 158527 | 163655 | -5129 | 199288 | 129659 | 69629 |
c) Short term to India | 613446 | 569981 | 43465 | 647895 | 558289 | 89606 | 301846 | 286662 | 15184 |
i) Suppliers' Credit >180 days & Buyers' Credit | 601970 | 568718 | 33252 | 623670 | 558289 | 65381 | 192250 | 286662 | -94412 |
ii) Suppliers' credit up to 180 days | 11475 | 1262 | 10213 | 24225 | 0 | 24225 | 109596 | 0 | 109596 |
3. Banking capital (a+b) | 561610 | 672787 | -111177 | 616727 | 512300 | 104427 | 646662 | 597020 | 49642 |
a) Commercial banks | 559680 | 672771 | -113091 | 614031 | 509602 | 104430 | 639563 | 592225 | 47338 |
i) Assets | 199390 | 193410 | 5980 | 164673 | 166547 | -1874 | 158532 | 206960 | -48429 |
ii) Liabilities | 360290 | 479361 | -119071 | 449359 | 343055 | 106304 | 481032 | 385265 | 95767 |
of which: Non-resident deposits | 319339 | 403003 | -83664 | 383765 | 321375 | 62390 | 413774 | 341877 | 71897 |
b) Others | 1930 | 16 | 1914 | 2695 | 2698 | -3 | 7099 | 4795 | 2304 |
4. Rupee debt service | 0 | 665 | -665 | 0 | 482 | -482 | 0 | 213 | -213 |
5. Other capital | 240945 | 190199 | 50747 | 266106 | 226037 | 40069 | 237182 | 228828 | 8354 |
Total capital account (1 to 5) | 3693401 | 3449065 | 244337 | 4148732 | 3559613 | 589119 | 3792862 | 3409459 | 383403 |
C. Errors & omissions | 2550 | 5737 | -3187 | 12249 | 6426 | 5823 | 4083 | 7463 | -3380 |
D. Overall balance (A+B+C) | 7198447 | 7054213 | 144234 | 7979137 | 7698321 | 280816 | 8300152 | 8320356 | -20204 |
E. Monetary movements (i+ii) | 8373 | 152607 | -144234 | 0 | 280816 | -280816 | 120018 | 99814 | 20204 |
i) I.M.F. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
ii) Foreign exchange reserves (Increase- / Decrease+) | 8373 | 152607 | -144234 | 0 | 280816 | -280816 | 120018 | 99814 | 20204 |
of which: SDR Allocation | – | – | – | – | – | – | – | – | – |
G.n.i.e.: Government not included elsewhere. Notes : 1. Data for 2018-19 are preliminary estimates. 2. Total may not tally due to rounding off. Also see Notes on Tables. |