(US $ Million) |
Item/Year | 2018-19 | 2019-20 |
Credit | Debit | Net | Credit | Debit | Net |
1 | 2 | 3 | 4 | 5 | 6 | 7 |
1 Current Account (1.A+1.B+1.C) | 643710 | 700891 | –57180 | 642138 | 666688 | –24550 |
1.A Goods and Services (1.A.a+1.A.b) | 545237 | 643579 | –98342 | 533622 | 606206 | –72584 |
1.A.a Goods (1.A.a.1 to 1.A.a.3) | 337237 | 517519 | –180283 | 320431 | 477937 | –157506 |
1.A.a.1 General merchandise on a BOP basis | 336984 | 484622 | –147638 | 317521 | 449707 | –132186 |
1.A.a.2 Net exports of goods under merchanting | 252 | – | 252 | 2910 | – | 2910 |
1.A.a.3 Nonmonetary gold | – | 32897 | –32897 | – | 28229 | –28229 |
1.A.b Services (1.A.b.1 to 1.A.b.13) | 208000 | 126060 | 81941 | 213191 | 128269 | 84922 |
1.A.b.1 Manufacturing services on physical inputs owned by others | 260 | 42 | 219 | 232 | 68 | 164 |
1.A.b.2 Maintenance and repair services n.i.e. | 189 | 1201 | –1012 | 194 | 1182 | –988 |
1.A.b.3 Transport | 19464 | 20529 | –1065 | 20988 | 24285 | –3297 |
1.A.b.4 Travel | 28441 | 21704 | 6737 | 29998 | 22011 | 7987 |
1.A.b.5 Construction | 3388 | 2527 | 861 | 3096 | 2746 | 351 |
1.A.b.6 Insurance and pension services | 2661 | 1790 | 871 | 2431 | 1738 | 692 |
1.A.b.7 Financial services | 4858 | 3486 | 1372 | 4734 | 2919 | 1814 |
1.A.b.8 Charges for the use of intellectual property n.i.e. | 692 | 8028 | –7335 | 934 | 7705 | –6771 |
1.A.b.9 Telecommunications, computer, and information services | 86344 | 7409 | 78935 | 96110 | 10212 | 85899 |
1.A.b.10 Other business services | 39112 | 40413 | –1301 | 45716 | 46881 | –1165 |
1.A.b.11 Personal, cultural, and recreational services | 1853 | 2571 | –719 | 2207 | 3131 | –924 |
1.A.b.12 Government goods and services n.i.e. | 610 | 1114 | –504 | 659 | 1107 | –448 |
1.A.b.13 Others n.i.e. | 20128 | 15246 | 4882 | 5892 | 4284 | 1608 |
1.B Primary Income (1.B.1 to 1.B.3) | 21839 | 50700 | –28861 | 25166 | 52446 | –27281 |
1.B.1 Compensation of employees | 4738 | 2380 | 2358 | 5623 | 2694 | 2929 |
1.B.2 Investment income | 13876 | 47258 | –33382 | 15425 | 49024 | –33599 |
1.B.2.1 Direct investment | 6657 | 21702 | –15045 | 6903 | 22260 | –15357 |
1.B.2.2 Portfolio investment | 193 | 10632 | –10439 | 216 | 11045 | –10829 |
1.B.2.3 Other investment | 904 | 14871 | –13967 | 1361 | 15666 | –14306 |
1.B.2.4 Reserve assets | 6122 | 53 | 6069 | 6945 | 53 | 6893 |
1.B.3 Other primary income | 3225 | 1063 | 2163 | 4117 | 728 | 3390 |
1.C Secondary Income (1.C.1+1.C.2) | 76634 | 6611 | 70022 | 83351 | 8036 | 75314 |
1.C.1 Financial corporations, nonfinancial corporations, households, and NPISHs | 76396 | 5795 | 70601 | 83195 | 6977 | 76217 |
1.C.1.1 Personal transfers (Current transfers between resident and/ non-resident households) | 73918 | 4318 | 69600 | 80759 | 5100 | 75659 |
1.C.1.2 Other current transfers | 2478 | 1477 | 1001 | 2436 | 1877 | 559 |
1.C.2 General government | 238 | 817 | –579 | 156 | 1059 | –903 |
2 Capital Account (2.1+2.2) | 340 | 504 | –163 | 426 | 1518 | –1092 |
2.1 Gross acquisitions (DR.)/disposals (CR.) of non-produced nonfinancial assets | 88 | 156 | –68 | 48 | 1066 | –1018 |
2.2 Capital transfers | 253 | 348 | –95 | 379 | 453 | –74 |
3 Financial Account (3.1 to 3.5) | 559653 | 501823 | 57830 | 609616 | 584949 | 24668 |
3.1 Direct Investment (3.1A+3.1B) | 64846 | 34134 | 30712 | 77794 | 34780 | 43013 |
3.1.A Direct Investment in India | 62001 | 18699 | 43302 | 74390 | 18384 | 56006 |
3.1.A.1 Equity and investment fund shares | 58727 | 18452 | 40275 | 65909 | 18212 | 47697 |
3.1.A.1.1 Equity other than reinvestment of earnings | 45055 | 18452 | 26604 | 51734 | 18212 | 33522 |
3.1.A.1.2 Reinvestment of earnings | 13672 | – | 13672 | 14175 | – | 14175 |
3.1.A.2 Debt instruments | 3274 | 247 | 3027 | 8482 | 173 | 8309 |
3.1.A.2.1 Direct investor in direct investment enterprises | 3274 | 247 | 3027 | 8482 | 173 | 8309 |
3.1.B Direct Investment by India | 2845 | 15435 | –12590 | 3403 | 16396 | –12993 |
3.1.B.1 Equity and investment fund shares | 2845 | 10234 | –7389 | 3403 | 10722 | –7319 |
3.1.B.1.1 Equity other than reinvestment of earnings | 2845 | 7201 | –4356 | 3403 | 7572 | –4168 |
3.1.B.1.2 Reinvestment of earnings | – | 3032 | –3032 | – | 3151 | –3151 |
3.1.B.2 Debt instruments | – | 5202 | –5202 | – | 5674 | –5674 |
3.1.B.2.1 Direct investor in direct investment enterprises | – | 5202 | –5202 | – | 5674 | –5674 |
3.2 Portfolio Investment | 255110 | 257548 | –2438 | 290741 | 289337 | 1403 |
3.2.A Portfolio Investment in India | 251894 | 254118 | –2225 | 284128 | 283576 | 552 |
3.2.1 Equity and investment fund shares | 204347 | 202837 | 1510 | 215270 | 215709 | –438 |
3.2.2 Debt securities | 47547 | 51282 | –3735 | 68858 | 67868 | 990 |
3.2.B Portfolio Investment by India | 3216 | 3429 | –213 | 6612 | 5761 | 851 |
3.3 Financial derivatives (other than reserves) and employee stock options | 21538 | 20506 | 1032 | 32899 | 28800 | 4099 |
3.4 Other investment | 200657 | 175473 | 25184 | 208183 | 172533 | 35650 |
3.4.1 Other equity (ADRs/GDRs) | 1820 | – | 1820 | – | – | – |
3.4.2 Currency and deposits | 60259 | 49565 | 10693 | 55603 | 47639 | 7964 |
3.4.2.1 Central bank (Rupee Debt Movements; NRG) | 1007 | 702 | 306 | 113 | 776 | –663 |
3.4.2.2 Deposit-taking corporations, except the central bank (NRI Deposits) | 59251 | 48864 | 10387 | 55490 | 46863 | 8627 |
3.4.2.3 General government | – | – | – | – | – | – |
3.4.2.4 Other sectors | – | – | – | – | – | – |
3.4.3 Loans (External Assistance, ECBs and Banking Capital) | 83307 | 72738 | 10569 | 84592 | 71160 | 13432 |
3.4.3.A Loans to India | 69399 | 59404 | 9995 | 77740 | 65483 | 12257 |
3.4.3.B Loans by India | 13908 | 13334 | 574 | 6851 | 5677 | 1175 |
3.4.4 Insurance, pension, and standardized guarantee schemes | 187 | 1349 | –1162 | 328 | 952 | –625 |
3.4.5 Trade credit and advances | 43332 | 41311 | 2021 | 38759 | 39785 | –1026 |
3.4.6 Other accounts receivable/payable - other | 11752 | 10509 | 1243 | 28901 | 12997 | 15904 |
3.4.7 Special drawing rights | – | – | – | – | – | – |
3.5 Reserve assets | 17502 | 14162 | 3339 | – | 59498 | –59498 |
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) | 17502 | 14162 | 3339 | – | 59498 | –59498 |
4 Total assets/liabilities | 559653 | 501823 | 57830 | 609616 | 584949 | 24668 |
4.1 Equity and investment fund shares | 290860 | 256806 | 34054 | 324421 | 280156 | 44265 |
4.2 Debt instruments | 237719 | 220345 | 17374 | 256294 | 232298 | 23996 |
4.3 Other financial assets and liabilities | 31074 | 24672 | 6402 | 28901 | 72495 | –43594 |
5 Net errors and omissions | 582 | 1068 | –486 | 1856 | 882 | 974 |
TABLE 130 : STANDARD PRESENTATION OF INDIA'S BALANCE OF PAYMENTS AS PER BPM6- US DOLLAR (Concld.) |
(US $ Million) |
Item/Year | 2020-21 | 2021-22 |
Credit | Debit | Net | Credit | Debit | Net |
1 | 8 | 9 | 10 | 11 | 12 | 13 |
1 Current Account (1.A+1.B+1.C) | 603545 | 579535 | 24011 | 798749 | 837441 | –38691 |
1.A Goods and Services (1.A.a+1.A.b) | 502390 | 515977 | –13587 | 683690 | 765634 | –81944 |
1.A.a Goods (1.A.a.1 to 1.A.a.3) | 296300 | 398452 | –102152 | 429164 | 618623 | –189459 |
1.A.a.1 General merchandise on a BOP basis | 293311 | 363848 | –70537 | 428481 | 572457 | –143977 |
1.A.a.2 Net exports of goods under merchanting | 2989 | – | 2989 | 683 | – | 683 |
1.A.a.3 Nonmonetary gold | – | 34604 | –34604 | – | 46166 | –46166 |
1.A.b Services (1.A.b.1 to 1.A.b.13) | 206090 | 117524 | 88565 | 254527 | 147011 | 107516 |
1.A.b.1 Manufacturing services on physical inputs owned by others | 296 | 28 | 268 | 501 | 67 | 435 |
1.A.b.2 Maintenance and repair services n.i.e. | 159 | 834 | –675 | 243 | 1380 | –1137 |
1.A.b.3 Transport | 21854 | 19755 | 2099 | 32660 | 35836 | –3177 |
1.A.b.4 Travel | 8483 | 11507 | –3024 | 9099 | 16272 | –7173 |
1.A.b.5 Construction | 2620 | 2606 | 14 | 2645 | 2920 | –275 |
1.A.b.6 Insurance and pension services | 2376 | 2058 | 318 | 3316 | 2076 | 1241 |
1.A.b.7 Financial services | 4338 | 4763 | –424 | 5472 | 5620 | –147 |
1.A.b.8 Charges for the use of intellectual property n.i.e. | 1310 | 7707 | –6397 | 825 | 9043 | –8218 |
1.A.b.9 Telecommunications, computer, and information services | 103078 | 12278 | 90800 | 125579 | 14489 | 111089 |
1.A.b.10 Other business services | 49161 | 49522 | –361 | 58967 | 51681 | 7286 |
1.A.b.11 Personal, cultural, and recreational services | 2336 | 2810 | –474 | 3164 | 4476 | –1311 |
1.A.b.12 Government goods and services n.i.e. | 630 | 1021 | –392 | 803 | 968 | –165 |
1.A.b.13 Others n.i.e. | 9447 | 2633 | 6814 | 11252 | 2184 | 9068 |
1.B Primary Income (1.B.1 to 1.B.3) | 20835 | 56796 | –35960 | 25751 | 63020 | –37269 |
1.B.1 Compensation of employees | 5996 | 2802 | 3193 | 6360 | 3063 | 3296 |
1.B.2 Investment income | 11554 | 52921 | –41366 | 14745 | 57814 | –43069 |
1.B.2.1 Direct investment | 5573 | 33023 | –27450 | 8512 | 36960 | –28448 |
1.B.2.2 Portfolio investment | 169 | 6954 | –6785 | 421 | 8243 | –7822 |
1.B.2.3 Other investment | 395 | 12936 | –12541 | 286 | 12603 | –12317 |
1.B.2.4 Reserve assets | 5418 | 8 | 5410 | 5526 | 8 | 5518 |
1.B.3 Other primary income | 3285 | 1072 | 2213 | 4646 | 2142 | 2504 |
1.C Secondary Income (1.C.1+1.C.2) | 80321 | 6762 | 73558 | 89308 | 8786 | 80522 |
1.C.1 Financial corporations, nonfinancial corporations, households, and NPISHs | 80185 | 5746 | 74439 | 89127 | 7898 | 81230 |
1.C.1.1 Personal transfers (Current transfers between resident and/ non-resident households) | 77500 | 4177 | 73324 | 85697 | 5575 | 80122 |
1.C.1.2 Other current transfers | 2685 | 1569 | 1116 | 3431 | 2323 | 1108 |
1.C.2 General government | 136 | 1017 | –881 | 181 | 889 | –708 |
2 Capital Account (2.1+2.2) | 490 | 1565 | –1075 | 777 | 975 | –198 |
2.1 Gross acquisitions (DR.)/disposals (CR.) of non-produced nonfinancial assets | 104 | 1038 | –933 | 280 | 383 | –104 |
2.2 Capital transfers | 385 | 527 | –142 | 497 | 592 | –95 |
3 Financial Account (3.1 to 3.5) | 598542 | 621131 | –22589 | 776663 | 738233 | 38430 |
3.1 Direct Investment (3.1A+3.1B) | 86286 | 42330 | 43955 | 88235 | 49649 | 38587 |
3.1.A Direct Investment in India | 81973 | 27046 | 54927 | 84835 | 28605 | 56231 |
3.1.A.1 Equity and investment fund shares | 78023 | 26983 | 51040 | 79030 | 27189 | 51841 |
3.1.A.1.1 Equity other than reinvestment of earnings | 61088 | 26983 | 34105 | 59684 | 27189 | 32495 |
3.1.A.1.2 Reinvestment of earnings | 16935 | – | 16935 | 19347 | – | 19347 |
3.1.A.2 Debt instruments | 3950 | 63 | 3887 | 5805 | 1416 | 4389 |
3.1.A.2.1 Direct investor in direct investment enterprises | 3950 | 63 | 3887 | 5805 | 1416 | 4389 |
3.1.B Direct Investment by India | 4313 | 15285 | –10972 | 3400 | 21044 | –17644 |
3.1.B.1 Equity and investment fund shares | 4313 | 8597 | –4284 | 3400 | 13440 | –10040 |
3.1.B.1.1 Equity other than reinvestment of earnings | 4313 | 5583 | –1271 | 3400 | 10061 | –6661 |
3.1.B.1.2 Reinvestment of earnings | – | 3013 | –3013 | – | 3379 | –3379 |
3.1.B.2 Debt instruments | – | 6688 | –6688 | – | 7604 | –7604 |
3.1.B.2.1 Direct investor in direct investment enterprises | – | 6688 | –6688 | – | 7604 | –7604 |
3.2 Portfolio Investment | 313715 | 277579 | 36137 | 389764 | 406542 | –16777 |
3.2.A Portfolio Investment in India | 312005 | 273279 | 38725 | 385710 | 399781 | –14071 |
3.2.1 Equity and investment fund shares | 269762 | 230937 | 38825 | 343081 | 358702 | –15621 |
3.2.2 Debt securities | 42243 | 42342 | –99 | 42629 | 41079 | 1550 |
3.2.B Portfolio Investment by India | 1711 | 4299 | –2589 | 4054 | 6761 | –2706 |
3.3 Financial derivatives (other than reserves) and employee stock options | 11688 | 16488 | –4800 | 18390 | 24802 | –6412 |
3.4 Other investment | 186854 | 197448 | –10594 | 264250 | 193717 | 70533 |
3.4.1 Other equity (ADRs/GDRs) | – | – | – | – | – | – |
3.4.2 Currency and deposits | 47087 | 39868 | 7218 | 45784 | 42992 | 2792 |
3.4.2.1 Central bank (Rupee Debt Movements; NRG) | 621 | 767 | –146 | 390 | 831 | –441 |
3.4.2.2 Deposit-taking corporations, except the central bank (NRI Deposits) | 46465 | 39101 | 7364 | 45395 | 42161 | 3234 |
3.4.2.3 General government | – | – | – | – | – | – |
3.4.2.4 Other sectors | – | – | – | – | – | – |
3.4.3 Loans (External Assistance, ECBs and Banking Capital) | 75483 | 92735 | –17253 | 98202 | 80825 | 17377 |
3.4.3.A Loans to India | 72581 | 89416 | –16835 | 96268 | 79604 | 16663 |
3.4.3.B Loans by India | 2901 | 3319 | –418 | 1935 | 1221 | 714 |
3.4.4 Insurance, pension, and standardized guarantee schemes | 200 | 197 | 4 | 196 | 182 | 14 |
3.4.5 Trade credit and advances | 37365 | 41494 | –4130 | 64356 | 44252 | 20105 |
3.4.6 Other accounts receivable/payable - other | 26720 | 23153 | 3567 | 37848 | 25466 | 12382 |
3.4.7 Special drawing rights | – | – | – | 17862 | – | 17862 |
3.5 Reserve assets | – | 87286 | –87286 | 16024 | 63524 | –47501 |
3.5.1 Monetary gold | – | – | – | – | – | – |
3.5.2 Special drawing rights n.a. | – | – | – | – | 17862 | –17862 |
3.5.3 Reserve position in the IMF n.a. | – | – | – | – | – | – |
3.5.4 Other reserve assets (Foreign Currency Assets) | – | 87286 | –87286 | 16024 | 45662 | –29638 |
4 Total assets/liabilities | 598542 | 621131 | –22589 | 776663 | 738233 | 38430 |
4.1 Equity and investment fund shares | 365696 | 287501 | 78195 | 448152 | 431075 | 17077 |
4.2 Debt instruments | 206127 | 223191 | –17064 | 256777 | 218167 | 38610 |
4.3 Other financial assets and liabilities | 26720 | 110440 | –83720 | 71734 | 88990 | –17256 |
5 Net errors and omissions | 951 | 1298 | –347 | 1433 | 974 | 459 |
n.i.e : not included elsewhere. Notes : 1. Data for 2021-22 are preliminary estimates. 2. Totals may not tally due to rounding off. Also see Notes on Tables. |