(US $ Million) |
Item/Year | 2017-18 | 2018-19 |
Credit | Debit | Net | Credit | Debit | Net |
1 | 2 | 3 | 4 | 5 | 6 | 7 |
1 Current Account (1.A+1.B+1.C) | 592354 | 641015 | –48661 | 643710 | 700891 | –57180 |
1.A Goods and Services (1.A.a+1.A.b) | 504059 | 586533 | –82474 | 545237 | 643579 | –98342 |
1.A.a Goods (1.A.a.1 to 1.A.a.3) | 308970 | 469006 | –160036 | 337237 | 517519 | –180283 |
1.A.a.1 General merchandise on a BOP basis | 309351 | 435349 | –125998 | 336984 | 484622 | –147638 |
1.A.a.2 Net exports of goods under merchanting | –381 | – | –381 | 252 | – | 252 |
1.A.a.3 Nonmonetary gold | – | 33657 | –33657 | – | 32897 | –32897 |
1.A.b Services (1.A.b.1 to 1.A.b.13) | 195089 | 117527 | 77562 | 208000 | 126060 | 81941 |
1.A.b.1 Manufacturing services on physical inputs owned by others | 147 | 44 | 104 | 260 | 42 | 219 |
1.A.b.2 Maintenance and repair services n.i.e. | 211 | 547 | –336 | 189 | 1201 | –1012 |
1.A.b.3 Transport | 17441 | 17608 | –166 | 19464 | 20529 | –1065 |
1.A.b.4 Travel | 28355 | 19516 | 8839 | 28441 | 21704 | 6737 |
1.A.b.5 Construction | 2256 | 1565 | 691 | 3388 | 2527 | 861 |
1.A.b.6 Insurance and pension services | 2506 | 1700 | 806 | 2661 | 1790 | 871 |
1.A.b.7 Financial services | 5164 | 5537 | –373 | 4858 | 3486 | 1372 |
1.A.b.8 Charges for the use of intellectual property n.i.e. | 732 | 6877 | –6145 | 692 | 8028 | –7335 |
1.A.b.9 Telecommunications, computer, and information services | 79840 | 6499 | 73341 | 86344 | 7409 | 78935 |
1.A.b.10 Other business services | 37346 | 36630 | 715 | 39112 | 40413 | –1301 |
1.A.b.11 Personal, cultural, and recreational services | 1618 | 2307 | –688 | 1853 | 2571 | –719 |
1.A.b.12 Government goods and services n.i.e. | 664 | 794 | –130 | 610 | 1114 | –504 |
1.A.b.13 Others n.i.e. | 18807 | 17904 | 903 | 20128 | 15246 | 4882 |
1.B Primary Income (1.B.1 to 1.B.3) | 18862 | 47542 | –28681 | 21839 | 50700 | –28861 |
1.B.1 Compensation of employees | 4457 | 2299 | 2158 | 4738 | 2380 | 2358 |
1.B.2 Investment income | 11319 | 44693 | –33374 | 13876 | 47258 | –33382 |
1.B.2.1 Direct investment | 5767 | 21303 | –15535 | 6657 | 21702 | –15045 |
1.B.2.2 Portfolio investment | 215 | 10706 | –10490 | 193 | 10632 | –10439 |
1.B.2.3 Other investment | 939 | 12658 | –11719 | 904 | 14871 | –13967 |
1.B.2.4 Reserve assets | 4397 | 27 | 4370 | 6122 | 53 | 6069 |
1.B.3 Other primary income | 3085 | 550 | 2536 | 3225 | 1063 | 2163 |
1.C Secondary Income (1.C.1+1.C.2) | 69433 | 6940 | 62494 | 76634 | 6611 | 70022 |
1.C.1 Financial corporations, nonfinancial corporations, households, and NPISHs | 69129 | 6180 | 62949 | 76396 | 5795 | 70601 |
1.C.1.1 Personal transfers (Current transfers between resident and/non-resident households) | 66852 | 4816 | 62037 | 73918 | 4318 | 69600 |
1.C.1.2 Other current transfers | 2277 | 1364 | 912 | 2478 | 1477 | 1001 |
1.C.2 General government | 304 | 760 | –455 | 238 | 817 | –579 |
2 Capital Account (2.1+2.2) | 390 | 419 | –29 | 340 | 504 | –163 |
2.1 Gross acquisitions (DR.)/disposals (CR.) of non-produced nonfinancial assets | 147 | 105 | 42 | 88 | 156 | –68 |
2.2 Capital transfers | 243 | 314 | –71 | 253 | 348 | –95 |
3 Financial Account (3.1 to 3.5) | 643243 | 595455 | 47788 | 559653 | 501823 | 57830 |
3.1 Direct Investment (3.1A+3.1B) | 64461 | 34175 | 30286 | 64846 | 34134 | 30712 |
3.1.A Direct Investment in India | 60974 | 21544 | 39431 | 62001 | 18699 | 43302 |
3.1.A.1 Equity and investment fund shares | 58063 | 21325 | 36738 | 58727 | 18452 | 40275 |
3.1.A.1.1 Equity other than reinvestment of earnings | 45521 | 21325 | 24196 | 45055 | 18452 | 26604 |
3.1.A.1.2 Reinvestment of earnings | 12542 | – | 12542 | 13672 | – | 13672 |
3.1.A.2 Debt instruments | 2911 | 219 | 2692 | 3274 | 247 | 3027 |
3.1.A.2.1 Direct investor in direct investment enterprises | 2911 | 219 | 2692 | 3274 | 247 | 3027 |
3.1.B Direct Investment by India | 3487 | 12632 | –9144 | 2845 | 15435 | –12590 |
3.1.B.1 Equity and investment fund shares | 3487 | 8107 | –4620 | 2845 | 10234 | –7389 |
3.1.B.1.1 Equity other than reinvestment of earnings | 3487 | 5254 | –1767 | 2845 | 7201 | –4356 |
3.1.B.1.2 Reinvestment of earnings | – | 2853 | –2853 | – | 3032 | –3032 |
3.1.B.2 Debt instruments | – | 4525 | –4525 | – | 5202 | –5202 |
3.1.B.2.1 Direct investor in direct investment enterprises | – | 4525 | –4525 | – | 5202 | –5202 |
3.2 Portfolio Investment | 295084 | 272969 | 22115 | 255110 | 257548 | –2438 |
3.2.A Portfolio Investment in India | 293529 | 271364 | 22165 | 251894 | 254118 | –2225 |
3.2.1 Equity and investment fund shares | 231658 | 230044 | 1615 | 204347 | 202837 | 1510 |
3.2.2 Debt securities | 61870 | 41320 | 20550 | 47547 | 51282 | –3735 |
3.2.B Portfolio Investment by India | 1556 | 1605 | –50 | 3216 | 3429 | –213 |
3.3 Financial derivatives (other than reserves) and employee stock options | 19766 | 22636 | –2870 | 21538 | 20506 | 1032 |
3.4 Other investment | 263932 | 222100 | 41832 | 200657 | 175473 | 25184 |
3.4.1 Other equity (ADRs/GDRs) | – | – | – | 1820 | – | 1820 |
3.4.2 Currency and deposits | 59961 | 50286 | 9675 | 60259 | 49565 | 10693 |
3.4.2.1 Central bank (Rupee Debt Movements; NRG) | 417 | 419 | –1 | 1007 | 702 | 306 |
3.4.2.2 Deposit-taking corporations, except the central bank (NRI Deposits) | 59544 | 49868 | 9676 | 59251 | 48864 | 10387 |
3.4.2.3 General government | – | – | – | – | – | – |
3.4.2.4 Other sectors | – | – | – | – | – | – |
3.4.3 Loans (External Assistance, ECBs and Banking Capital) | 82309 | 73033 | 9276 | 83307 | 72738 | 10569 |
3.4.3.A Loans to India | 67962 | 59233 | 8729 | 69399 | 59404 | 9995 |
3.4.3.B Loans by India | 14347 | 13800 | 547 | 13908 | 13334 | 574 |
3.4.4 Insurance, pension, and standardized guarantee schemes | 118 | 1801 | –1683 | 187 | 1349 | –1162 |
3.4.5 Trade credit and advances | 100514 | 86614 | 13900 | 43332 | 41311 | 2021 |
3.4.6 Other accounts receivable/payable - other | 21029 | 10365 | 10664 | 11752 | 10509 | 1243 |
3.4.7 Special drawing rights | – | – | – | – | – | – |
3.5 Reserve assets | – | 43574 | –43574 | 17502 | 14162 | 3339 |
3.5.1 Monetary gold | – | – | – | – | – | – |
3.5.2 Special drawing rights n.a. | – | – | – | – | – | – |
3.5.3 Reserve position in the IMF n.a. | – | – | – | – | – | – |
3.5.4 Other reserve assets (Foreign Currency Assets) | – | 43574 | –43574 | 17502 | 14162 | 3339 |
4 Total assets/liabilities | 643243 | 595455 | 47788 | 559653 | 501823 | 57830 |
4.1 Equity and investment fund shares | 314649 | 285518 | 29131 | 290860 | 256806 | 34054 |
4.2 Debt instruments | 307565 | 255997 | 51568 | 237719 | 220345 | 17374 |
4.3 Other financial assets and liabilities | 21029 | 53940 | –32910 | 31074 | 24672 | 6402 |
5 Net errors and omissions | 1900 | 998 | 902 | 582 | 1068 | –486 |
TABLE 130 : STANDARD PRESENTATION OF INDIA'S BALANCE OF PAYMENTS AS PER BPM6- US DOLLARS (Concld.) |
(US $ Million) |
Item/Year | 2019-20 | 2020-21 |
Credit | Debit | Net | Credit | Debit | Net |
1 | 8 | 9 | 10 | 11 | 12 | 13 |
1 Current Account (1.A+1.B+1.C) | 642138 | 666688 | –24550 | 603545 | 579535 | 24011 |
1.A Goods and Services (1.A.a+1.A.b) | 533622 | 606206 | –72584 | 502390 | 515977 | –13587 |
1.A.a Goods (1.A.a.1 to 1.A.a.3) | 320431 | 477937 | –157506 | 296300 | 398452 | –102152 |
1.A.a.1 General merchandise on a BOP basis | 317521 | 449707 | –132186 | 293311 | 363848 | –70537 |
1.A.a.2 Net exports of goods under merchanting | 2910 | – | 2910 | 2989 | – | 2989 |
1.A.a.3 Nonmonetary gold | – | 28229 | –28229 | – | 34604 | –34604 |
1.A.b Services (1.A.b.1 to 1.A.b.13) | 213191 | 128269 | 84922 | 206090 | 117524 | 88565 |
1.A.b.1 Manufacturing services on physical inputs owned by others | 232 | 68 | 164 | 296 | 28 | 268 |
1.A.b.2 Maintenance and repair services n.i.e. | 194 | 1182 | –988 | 159 | 834 | –675 |
1.A.b.3 Transport | 20988 | 24285 | –3297 | 21854 | 19755 | 2099 |
1.A.b.4 Travel | 29998 | 22011 | 7987 | 8483 | 11507 | –3024 |
1.A.b.5 Construction | 3096 | 2746 | 351 | 2620 | 2606 | 14 |
1.A.b.6 Insurance and pension services | 2431 | 1738 | 692 | 2376 | 2058 | 318 |
1.A.b.7 Financial services | 4734 | 2919 | 1814 | 4338 | 4763 | –424 |
1.A.b.8 Charges for the use of intellectual property n.i.e. | 934 | 7705 | –6771 | 1310 | 7707 | –6397 |
1.A.b.9 Telecommunications, computer, and information services | 96110 | 10212 | 85899 | 103078 | 12278 | 90800 |
1.A.b.10 Other business services | 45716 | 46881 | –1165 | 49161 | 49522 | –361 |
1.A.b.11 Personal, cultural, and recreational services | 2207 | 3131 | –924 | 2336 | 2810 | –474 |
1.A.b.12 Government goods and services n.i.e. | 659 | 1107 | –448 | 630 | 1021 | –392 |
1.A.b.13 Others n.i.e. | 5892 | 4284 | 1608 | 9447 | 2633 | 6814 |
1.B Primary Income (1.B.1 to 1.B.3) | 25166 | 52446 | –27281 | 20835 | 56796 | –35960 |
1.B.1 Compensation of employees | 5623 | 2694 | 2929 | 5996 | 2802 | 3193 |
1.B.2 Investment income | 15425 | 49024 | –33599 | 11554 | 52921 | –41366 |
1.B.2.1 Direct investment | 6903 | 22260 | –15357 | 5573 | 33023 | –27450 |
1.B.2.2 Portfolio investment | 216 | 11045 | –10829 | 169 | 6954 | –6785 |
1.B.2.3 Other investment | 1361 | 15666 | –14306 | 395 | 12936 | –12541 |
1.B.2.4 Reserve assets | 6945 | 53 | 6893 | 5418 | 8 | 5410 |
1.B.3 Other primary income | 4117 | 728 | 3390 | 3285 | 1072 | 2213 |
1.C Secondary Income (1.C.1+1.C.2) | 83351 | 8036 | 75314 | 80321 | 6762 | 73558 |
1.C.1 Financial corporations, nonfinancial corporations, households, and NPISHs | 83195 | 6977 | 76217 | 80185 | 5746 | 74439 |
1.C.1.1 Personal transfers (Current transfers between resident and/non-resident households) | 80759 | 5100 | 75659 | 77500 | 4177 | 73324 |
1.C.1.2 Other current transfers | 2436 | 1877 | 559 | 2685 | 1569 | 1116 |
1.C.2 General government | 156 | 1059 | –903 | 136 | 1017 | –881 |
2 Capital Account (2.1+2.2) | 426 | 1518 | –1092 | 490 | 1565 | –1075 |
2.1 Gross acquisitions (DR.)/disposals (CR.) of non-produced nonfinancial assets | 48 | 1066 | –1018 | 104 | 1038 | –933 |
2.2 Capital transfers | 379 | 453 | –74 | 385 | 527 | –142 |
3 Financial Account (3.1 to 3.5) | 609616 | 584949 | 24668 | 598542 | 621131 | –22589 |
3.1 Direct Investment (3.1A+3.1B) | 77794 | 34780 | 43013 | 86286 | 42330 | 43955 |
3.1.A Direct Investment in India | 74390 | 18384 | 56006 | 81973 | 27046 | 54927 |
3.1.A.1 Equity and investment fund shares | 65909 | 18212 | 47697 | 78023 | 26983 | 51040 |
3.1.A.1.1 Equity other than reinvestment of earnings | 51734 | 18212 | 33522 | 61088 | 26983 | 34105 |
3.1.A.1.2 Reinvestment of earnings | 14175 | – | 14175 | 16935 | – | 16935 |
3.1.A.2 Debt instruments | 8482 | 173 | 8309 | 3950 | 63 | 3887 |
3.1.A.2.1 Direct investor in direct investment enterprises | 8482 | 173 | 8309 | 3950 | 63 | 3887 |
3.1.B Direct Investment by India | 3403 | 16396 | –12993 | 4313 | 15285 | –10972 |
3.1.B.1 Equity and investment fund shares | 3403 | 10722 | –7319 | 4313 | 8597 | –4284 |
3.1.B.1.1 Equity other than reinvestment of earnings | 3403 | 7572 | –4168 | 4313 | 5583 | –1271 |
3.1.B.1.2 Reinvestment of earnings | – | 3151 | –3151 | – | 3013 | –3013 |
3.1.B.2 Debt instruments | – | 5674 | –5674 | – | 6688 | –6688 |
3.1.B.2.1 Direct investor in direct investment enterprises | – | 5674 | –5674 | – | 6688 | –6688 |
3.2 Portfolio Investment | 290741 | 289337 | 1403 | 313715 | 277579 | 36137 |
3.2.A Portfolio Investment in India | 284128 | 283576 | 552 | 312005 | 273279 | 38725 |
3.2.1 Equity and investment fund shares | 215270 | 215709 | –438 | 269762 | 230937 | 38825 |
3.2.2 Debt securities | 68858 | 67868 | 990 | 42243 | 42342 | –99 |
3.2.B Portfolio Investment by India | 6612 | 5761 | 851 | 1711 | 4299 | –2589 |
3.3 Financial derivatives (other than reserves) and employee stock options | 32899 | 28800 | 4099 | 11688 | 16488 | –4800 |
3.4 Other investment | 208183 | 172533 | 35650 | 186854 | 197448 | –10594 |
3.4.1 Other equity (ADRs/GDRs) | – | – | – | – | – | – |
3.4.2 Currency and deposits | 55603 | 47639 | 7964 | 47087 | 39868 | 7218 |
3.4.2.1 Central bank (Rupee Debt Movements; NRG) | 113 | 776 | –663 | 621 | 767 | –146 |
3.4.2.2 Deposit-taking corporations, except the central bank (NRI Deposits) | 55490 | 46863 | 8627 | 46465 | 39101 | 7364 |
3.4.2.3 General government | – | – | – | – | – | – |
3.4.2.4 Other sectors | – | – | – | – | – | – |
3.4.3 Loans (External Assistance, ECBs and Banking Capital) | 84592 | 71160 | 13432 | 75483 | 92735 | –17253 |
3.4.3.A Loans to India | 77740 | 65483 | 12257 | 72581 | 89416 | –16835 |
3.4.3.B Loans by India | 6851 | 5677 | 1175 | 2901 | 3319 | –418 |
3.4.4 Insurance, pension, and standardized guarantee schemes | 328 | 952 | –625 | 200 | 197 | 4 |
3.4.5 Trade credit and advances | 38759 | 39785 | –1026 | 37365 | 41494 | –4130 |
3.4.6 Other accounts receivable/payable - other | 28901 | 12997 | 15904 | 26720 | 23153 | 3567 |
3.4.7 Special drawing rights | – | – | – | – | – | – |
3.5 Reserve assets | – | 59498 | –59498 | – | 87286 | –87286 |
3.5.1 Monetary gold | – | – | – | – | – | – |
3.5.2 Special drawing rights n.a. | – | – | – | – | – | – |
3.5.3 Reserve position in the IMF n.a. | – | – | – | – | – | – |
3.5.4 Other reserve assets (Foreign Currency Assets) | – | 59498 | –59498 | – | 87286 | –87286 |
4 Total assets/liabilities | 609616 | 584949 | 24668 | 598542 | 621131 | –22589 |
4.1 Equity and investment fund shares | 324421 | 280156 | 44265 | 365696 | 287501 | 78195 |
4.2 Debt instruments | 256294 | 232298 | 23996 | 206127 | 223191 | –17064 |
4.3 Other financial assets and liabilities | 28901 | 72495 | –43594 | 26720 | 110440 | –83720 |
5 Net errors and omissions | 1856 | 882 | 974 | 951 | 1298 | –347 |
n.i.e : not included elsewhere. Notes : 1.Data for 2020-21 are preliminary estimates. 2.Totals may not tally due to rounding off. Also see Notes on Tables. |