(₹ Crore) |
Item/Year | 2016-17 | 2017-18 | 2018-19 |
Credit | Debit | Net | Credit | Debit | Net | Credit | Debit | Net |
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
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 | – | – | – | – | – | – | – | – | – |
(Continued) |
TABLE 129 : INDIA'S OVERALL BALANCE OF PAYMENTS - RUPEES (Concld.) |
(₹ Crore) |
Item/Year | 2019-20 | 2020-21 | 2021-22 |
Credit | Debit | Net | Credit | Debit | Net | Credit | Debit | Net |
1 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 |
A. Current account | | | | | | | | | |
1. Merchandise | 2270919 | 3385822 | -1114902 | 2193253 | 2946318 | -753065 | 3199115 | 4613049 | -1413934 |
2. Invisibles (a+b+c) | 2281179 | 1338706 | 942474 | 2278625 | 1343490 | 935135 | 2755292 | 1632174 | 1123118 |
a) Services | 1511659 | 909278 | 602381 | 1528236 | 871336 | 656900 | 1897558 | 1096248 | 801311 |
i) Travel | 212684 | 155741 | 56943 | 62900 | 85360 | -22460 | 67899 | 121416 | -53517 |
ii)Transportation | 148761 | 172134 | -23373 | 162013 | 146410 | 15603 | 243582 | 267395 | -23813 |
iii) Insurance | 17238 | 12335 | 4903 | 17625 | 15246 | 2379 | 24719 | 15468 | 9251 |
iv) G.n.i.e. | 4677 | 7841 | -3164 | 4672 | 7594 | -2923 | 5976 | 7217 | -1241 |
v) Miscellaneous | 1128298 | 561226 | 567072 | 1281026 | 616725 | 664301 | 1555383 | 684752 | 870630 |
of which: Software services | 660148 | 60024 | 600124 | 741557 | 75926 | 665631 | 910096 | 93615 | 816481 |
Business services | 324150 | 332437 | -8287 | 364553 | 367352 | -2800 | 439668 | 385257 | 54411 |
Financial services | 33519 | 20803 | 12716 | 32166 | 35301 | -3135 | 40805 | 41900 | -1096 |
Communication services | 19297 | 9196 | 10101 | 20791 | 10661 | 10130 | 23369 | 8416 | 14953 |
b) Transfers | 590992 | 57786 | 533206 | 595789 | 50867 | 544922 | 665791 | 66175 | 599616 |
i) Official | 1138 | 8296 | -7158 | 1061 | 8327 | -7266 | 1456 | 7284 | -5828 |
ii) Private | 589854 | 49490 | 540364 | 594728 | 42540 | 552188 | 664334 | 58891 | 605444 |
c) Income | 178528 | 371642 | -193114 | 154600 | 421288 | -266687 | 191943 | 469751 | -277808 |
i) Investment income | 138648 | 352530 | -213882 | 110143 | 400495 | -290352 | 144554 | 446919 | -302365 |
ii) Compensation of employees | 39880 | 19112 | 20768 | 44457 | 20793 | 23664 | 47390 | 22832 | 24557 |
Total Current account (1+2) | 4552099 | 4724528 | -172429 | 4471878 | 4289808 | 182070 | 5954407 | 6245223 | -290816 |
B. Capital account | | | | | | | | | |
1. Foreign investment (a+b) | 2614747 | 2302532 | 312215 | 2962726 | 2370869 | 591856 | 3561413 | 3400485 | 160928 |
a) Foreign direct investment (i+ii) | 551647 | 246827 | 304820 | 639521 | 314139 | 325382 | 657396 | 369930 | 287467 |
i) In India | 527347 | 130392 | 396955 | 607771 | 201006 | 406765 | 632047 | 213284 | 418763 |
Equity | 366490 | 129168 | 237322 | 452767 | 200543 | 252224 | 444457 | 202679 | 241778 |
Reinvested earnings | 100561 | 0 | 100561 | 125600 | 0 | 125600 | 144219 | 0 | 144219 |
Other capital | 60296 | 1224 | 59072 | 29404 | 463 | 28941 | 43371 | 10605 | 32766 |
ii) Abroad | 24300 | 116435 | -92135 | 31750 | 113133 | -81383 | 25349 | 156645 | -131296 |
Equity | 24300 | 53771 | -29471 | 31750 | 41415 | -9665 | 25349 | 74920 | -49571 |
Reinvested earnings | 0 | 22338 | -22338 | 0 | 22364 | -22364 | 0 | 25173 | -25173 |
Other capital | 0 | 40326 | -40326 | 0 | 49354 | -49354 | 0 | 56551 | -56551 |
b) Portfolio investment | 2063100 | 2055705 | 7395 | 2323205 | 2056730 | 266474 | 2904017 | 3030555 | -126539 |
i) In India | 2015956 | 2014755 | 1200 | 2310454 | 2024824 | 285630 | 2873927 | 2980213 | -106286 |
of which: FIIs | 2015956 | 2014755 | 1200 | 2310454 | 2024824 | 285630 | 2873927 | 2980213 | -106286 |
GDRs/ADRs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
ii) Abroad | 47144 | 40949 | 6194 | 12751 | 31907 | -19156 | 30090 | 50342 | -20253 |
2. Loans (a+b+c) | 668960 | 486712 | 182248 | 634710 | 584127 | 50583 | 787108 | 535905 | 251203 |
a) External assistance | 66039 | 39536 | 26503 | 125583 | 42578 | 83005 | 82048 | 41891 | 40157 |
i) By India | 56 | 803 | -747 | 284 | 611 | -327 | 379 | 481 | -102 |
ii) To India | 65983 | 38733 | 27250 | 125299 | 41967 | 83332 | 81669 | 41410 | 40259 |
b) Commercial borrowings | 328239 | 164791 | 163448 | 231890 | 233902 | -2012 | 224781 | 164160 | 60621 |
ii) By India | 48723 | 39538 | 9185 | 21199 | 24085 | -2886 | 14021 | 8619 | 5403 |
ii) To India | 279516 | 125253 | 154263 | 210691 | 209817 | 874 | 210760 | 155542 | 55218 |
c) Short term to India | 274682 | 282385 | -7704 | 277237 | 307647 | -30411 | 480279 | 329854 | 150425 |
i) Suppliers' Credit >180 days & Buyers' Credit | 264945 | 271324 | -6378 | 261995 | 296295 | -34299 | 339086 | 329854 | 9232 |
ii) Suppliers' credit up to 180 days | 9737 | 11062 | -1325 | 15241 | 11353 | 3889 | 141194 | 0 | 141194 |
3. Banking capital (a+b) | 601082 | 639907 | -38825 | 551356 | 706588 | -155231 | 766628 | 717339 | 49289 |
a) Commercial banks | 600265 | 634474 | -34209 | 546792 | 700765 | -153973 | 763736 | 711096 | 52639 |
i) Assets | 189723 | 222176 | -32453 | 175636 | 333005 | -157369 | 377142 | 362114 | 15028 |
ii) Liabilities | 410542 | 412298 | -1756 | 371156 | 367760 | 3396 | 386594 | 348983 | 37611 |
of which: Non-resident deposits | 394304 | 333182 | 61123 | 344627 | 289505 | 55121 | 338520 | 314513 | 24007 |
b) Others | 817 | 5433 | -4616 | 4564 | 5823 | -1259 | 2892 | 6242 | -3350 |
4. Rupee debt service | 0 | 483 | -483 | 0 | 484 | -484 | 0 | 527 | -527 |
5. Other capital | 446158 | 312730 | 133428 | 289780 | 306298 | -16518 | 558286 | 382560 | 175727 |
Total capital account (1 to 5) | 4330947 | 3742363 | 588584 | 4438572 | 3968366 | 470206 | 5673435 | 5036815 | 636620 |
C. Errors & omissions | 13260 | 6210 | 7051 | 7040 | 9636 | -2595 | 10628 | 7313 | 3314 |
D. Overall balance (A+B+C) | 8896306 | 8473100 | 423206 | 8917490 | 8267810 | 649681 | 11638469 | 11289351 | 349119 |
E. Monetary movements (i+ii) | 0 | 423206 | -423206 | 0 | 649681 | -649681 | 120545 | 469664 | -349119 |
i) I.M.F. | – | – | – | 0 | 0 | 0 | 0 | 0 | 0 |
ii) Foreign exchange reserves (Increase- / Decrease+) | 0 | 423206 | -423206 | 0 | 649681 | -649681 | 120545 | 469664 | -349119 |
of which: SDR Allocation | – | – | – | – | – | – | – | 132346 | -132346 |
G.n.i.e.: Government not included elsewhere. Notes : 1. Data for 2021-22 are preliminary estimates. 2. Total may not tally due to rounding off. Also see Notes on Tables. |