| (₹ Crore) |
| Item/Year | 2017-18 | 2018-19 | 2019-20 |
| Credit | Debit | Net | Credit | Debit | Net | Credit | Debit | Net |
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
| A. Current account | | | | | | | | | |
| 1. Merchandise | 1991436 | 3023163 | -1031727 | 2358211 | 3619072 | -1260861 | 2270919 | 3385822 | -1114902 |
| 2. Invisibles (a+b+c) | 1826720 | 1109119 | 717601 | 2144996 | 1284363 | 860633 | 2281179 | 1338706 | 942474 |
| a) Services | 1257472 | 757503 | 499968 | 1456277 | 882494 | 573783 | 1511659 | 909278 | 602381 |
| i) Travel | 182768 | 125778 | 56990 | 199142 | 151485 | 47658 | 212684 | 155741 | 56943 |
| ii) Transportation | 112418 | 113488 | -1071 | 136100 | 143689 | -7589 | 148761 | 172134 | -23373 |
| iii) Insurance | 16154 | 10957 | 5197 | 18634 | 12543 | 6091 | 17238 | 12335 | 4903 |
| iv) G.n.i.e. | 4280 | 5119 | -839 | 4260 | 7795 | -3535 | 4677 | 7841 | -3164 |
| v) Miscellaneous | 941852 | 502162 | 439690 | 1098141 | 566982 | 531159 | 1128298 | 561226 | 567072 |
| of which: Software services | 498402 | 33125 | 465277 | 583926 | 40585 | 543340 | 660148 | 60024 | 600124 |
| Business services | 240722 | 236096 | 4626 | 273644 | 282815 | -9170 | 324150 | 332437 | -8287 |
| Financial services | 33271 | 35691 | -2420 | 34019 | 24428 | 9591 | 33519 | 20803 | 12716 |
| Communication services | 13516 | 6149 | 7366 | 17956 | 7918 | 10038 | 19297 | 9196 | 10101 |
| b) Transfers | 447670 | 45224 | 402445 | 535951 | 46776 | 489175 | 590992 | 57786 | 533206 |
| i) Official | 2103 | 5397 | -3295 | 1743 | 6308 | -4565 | 1138 | 8296 | -7158 |
| ii) Private | 445567 | 39827 | 405740 | 534207 | 40468 | 493740 | 589854 | 49490 | 540364 |
| c) Income | 121579 | 306391 | -184813 | 152769 | 355093 | -202324 | 178528 | 371642 | -193114 |
| i) Investment income | 92848 | 291572 | -198724 | 119592 | 338456 | -218864 | 138648 | 352530 | -213882 |
| ii) Compensation of employees | 28731 | 14819 | 13911 | 33177 | 16637 | 16540 | 39880 | 19112 | 20768 |
| Total Current account (1+2) | 3818156 | 4132282 | -314126 | 4503207 | 4903435 | -400227 | 4552099 | 4724528 | -172429 |
| B. Capital account | | | | | | | | | |
| 1. Foreign investment (a+b) | 2317650 | 1979966 | 337684 | 2249875 | 2037696 | 212179 | 2614747 | 2302532 | 312215 |
| a) Foreign direct investment (i+ii) | 415421 | 220369 | 195052 | 453100 | 239063 | 214036 | 551647 | 246827 | 304820 |
| i) In India | 392944 | 138968 | 253977 | 433069 | 131136 | 301932 | 527347 | 130392 | 396955 |
| Equity | 293352 | 137559 | 155793 | 314461 | 129397 | 185064 | 366490 | 129168 | 237322 |
| Reinvested earnings | 80840 | 0 | 80840 | 95671 | 0 | 95671 | 100561 | 0 | 100561 |
| Other capital | 18753 | 1409 | 17344 | 22937 | 1739 | 21198 | 60296 | 1224 | 59072 |
| ii) Abroad | 22477 | 81402 | -58925 | 20031 | 107927 | -87896 | 24300 | 116435 | -92135 |
| Equity | 22477 | 33866 | -11389 | 20031 | 50188 | -30157 | 24300 | 53771 | -29471 |
| Reinvested earnings | 0 | 18387 | -18387 | 0 | 21203 | -21203 | 0 | 22338 | -22338 |
| Other capital | 0 | 29149 | -29149 | 0 | 36536 | -36536 | 0 | 40326 | -40326 |
| b) Portfolio investment | 1902228 | 1759597 | 142632 | 1796775 | 1798633 | -1857 | 2063100 | 2055705 | 7395 |
| i) In India | 1892201 | 1749253 | 142948 | 1774547 | 1774552 | -5 | 2015956 | 2014755 | 1200 |
| of which: FIIs | 1892201 | 1749253 | 142948 | 1761779 | 1774552 | -12773 | 2015956 | 2014755 | 1200 |
| GDRs/ADRs | 0 | 0 | 0 | 12768 | 0 | 12768 | 0 | 0 | 0 |
| ii) Abroad | 10027 | 10344 | -317 | 22229 | 24080 | -1852 | 47144 | 40949 | 6194 |
| 2. Loans (a+b+c) | 948250 | 840828 | 107422 | 659143 | 545701 | 113441 | 668960 | 486712 | 182248 |
| a) External assistance | 49750 | 30773 | 18977 | 60429 | 36287 | 24143 | 66039 | 39536 | 26503 |
| i) By India | 355 | 801 | -446 | 325 | 837 | -511 | 56 | 803 | -747 |
| ii) To India | 49395 | 29972 | 19423 | 60104 | 35450 | 24654 | 65983 | 38733 | 27250 |
| b) Commercial borrowings | 250605 | 251766 | -1161 | 296867 | 222753 | 74114 | 328239 | 164791 | 163448 |
| ii) By India | 92078 | 88110 | 3968 | 97579 | 93094 | 4485 | 48723 | 39538 | 9185 |
| ii) To India | 158527 | 163655 | -5129 | 199288 | 129659 | 69629 | 279516 | 125253 | 154263 |
| c) Short term to India | 647895 | 558289 | 89606 | 301846 | 286662 | 15184 | 274682 | 282385 | -7704 |
| i) Suppliers' Credit >180 days & Buyers' Credit | 623670 | 558289 | 65381 | 192250 | 286662 | -94412 | 264945 | 271324 | -6378 |
| ii) Suppliers' credit up to 180 days | 24225 | 0 | 24225 | 109596 | 0 | 109596 | 9737 | 11062 | -1325 |
| 3. Banking capital (a+b) | 616727 | 512300 | 104427 | 646662 | 597020 | 49642 | 601082 | 639907 | -38825 |
| a) Commercial banks | 614031 | 509602 | 104430 | 639563 | 592225 | 47338 | 600265 | 634474 | -34209 |
| i) Assets | 164673 | 166547 | -1874 | 158532 | 206960 | -48429 | 189723 | 222176 | -32453 |
| ii) Liabilities | 449359 | 343055 | 106304 | 481032 | 385265 | 95767 | 410542 | 412298 | -1756 |
| of which: Non-resident deposits | 383765 | 321375 | 62390 | 413774 | 341877 | 71897 | 394304 | 333182 | 61123 |
| b) Others | 2695 | 2698 | -3 | 7099 | 4795 | 2304 | 817 | 5433 | -4616 |
| 4. Rupee debt service | 0 | 482 | -482 | 0 | 213 | -213 | 0 | 483 | -483 |
| 5. Other capital | 266106 | 226037 | 40069 | 237182 | 228828 | 8354 | 446158 | 312730 | 133428 |
| Total capital account (1 to 5) | 4148732 | 3559613 | 589119 | 3792862 | 3409459 | 383403 | 4330947 | 3742363 | 588584 |
| C. Errors & omissions | 12249 | 6426 | 5823 | 4083 | 7463 | -3380 | 13260 | 6210 | 7051 |
| D. Overall balance (A+B+C) | 7979137 | 7698321 | 280816 | 8300152 | 8320356 | -20204 | 8896306 | 8473100 | 423206 |
| E. Monetary movements (i+ii) | 0 | 280816 | -280816 | 120018 | 99814 | 20204 | 0 | 423206 | -423206 |
| i) I.M.F. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| ii) Foreign exchange reserves (Increase- / Decrease+) | 0 | 280816 | -280816 | 120018 | 99814 | 20204 | 0 | 423206 | -423206 |
| of which: SDR Allocation | - | - | - | - | - | - | - | - | - |
| (Continued) |
| TABLE 131 : INDIA'S OVERALL BALANCE OF PAYMENTS - RUPEES (Concld.) |
| (₹ Crore) |
| Item/Year | 2020-21 | 2021-22 | 2022-23 |
| Credit | Debit | Net | Credit | Debit | Net | Credit | Debit | Net |
| 1 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 |
| A. Current account | | | | | | | | | |
| 1. Merchandise | 2193253 | 2946318 | -753065 | 3199115 | 4613049 | -1413934 | 3661287 | 5791926 | -2130639 |
| 2. Invisibles (a+b+c) | 2278625 | 1343490 | 935135 | 2755292 | 1632174 | 1123118 | 3748234 | 2152369 | 1595865 |
| a) Services | 1528236 | 871336 | 656900 | 1897558 | 1096248 | 801311 | 2617435 | 1463226 | 1154209 |
| i) Travel | 62900 | 85360 | -22460 | 67899 | 121416 | -53517 | 218653 | 228915 | -10262 |
| ii) Transportation | 162013 | 146410 | 15603 | 243582 | 267395 | -23813 | 289500 | 325303 | -35803 |
| iii) Insurance | 17625 | 15246 | 2379 | 24719 | 15468 | 9251 | 26306 | 18900 | 7407 |
| iv) G.n.i.e. | 4672 | 7594 | -2923 | 5976 | 7217 | -1241 | 5483 | 8189 | -2706 |
| v) Miscellaneous | 1281026 | 616725 | 664301 | 1555383 | 684752 | 870630 | 2077494 | 881920 | 1195573 |
| of which: Software services | 741557 | 75926 | 665631 | 910096 | 93615 | 816481 | 1180770 | 124617 | 1056154 |
| Business services | 364553 | 367352 | -2800 | 439668 | 385257 | 54411 | 647132 | 480372 | 166760 |
| Financial services | 32166 | 35301 | -3135 | 40805 | 41900 | -1096 | 62910 | 45789 | 17121 |
| Communication services | 20791 | 10661 | 10130 | 23369 | 8416 | 14953 | 41789 | 27513 | 14276 |
| b) Transfers | 595789 | 50867 | 544922 | 665791 | 66175 | 599616 | 906560 | 94597 | 811963 |
| i) Official | 1061 | 8327 | -7266 | 1456 | 7284 | -5828 | 1326 | 8575 | -7249 |
| ii) Private | 594728 | 42540 | 552188 | 664334 | 58891 | 605444 | 905234 | 86022 | 819212 |
| c) Income | 154600 | 421288 | -266687 | 191943 | 469751 | -277808 | 224239 | 594546 | -370307 |
| i) Investment income | 110143 | 400495 | -290352 | 144554 | 446919 | -302365 | 170130 | 567019 | -396889 |
| ii) Compensation of employees | 44457 | 20793 | 23664 | 47390 | 22832 | 24557 | 54109 | 27526 | 26582 |
| Total Current account (1+2) | 4471878 | 4289808 | 182070 | 5954407 | 6245223 | -290816 | 7409521 | 7944295 | -534774 |
| B. Capital account | | | | | | | | | |
| 1. Foreign investment (a+b) | 2962726 | 2370869 | 591856 | 3561413 | 3400485 | 160928 | 3088781 | 2903490 | 185291 |
| a) Foreign direct investment (i+ii) | 639521 | 314139 | 325382 | 657396 | 369930 | 287467 | 602635 | 380751 | 221884 |
| i) In India | 607771 | 201006 | 406765 | 632047 | 213284 | 418763 | 571322 | 236307 | 335015 |
| Equity | 452767 | 200543 | 252224 | 444457 | 202679 | 241778 | 380273 | 218140 | 162134 |
| Reinvested earnings | 125600 | 0 | 125600 | 144219 | 0 | 144219 | 153752 | 0 | 153752 |
| Other capital | 29404 | 463 | 28941 | 43371 | 10605 | 32766 | 37297 | 18168 | 19129 |
| ii) Abroad | 31750 | 113133 | -81383 | 25349 | 156645 | -131296 | 31313 | 144444 | -113131 |
| Equity | 31750 | 41415 | -9665 | 25349 | 74920 | -49571 | 31313 | 71056 | -39742 |
| Reinvested earnings | 0 | 22364 | -22364 | 0 | 25173 | -25173 | 0 | 35455 | -35455 |
| Other capital | 0 | 49354 | -49354 | 0 | 56551 | -56551 | 0 | 37934 | -37934 |
| b) Portfolio investment | 2323205 | 2056730 | 266474 | 2904017 | 3030555 | -126539 | 2486146 | 2522739 | -36593 |
| i) In India | 2310454 | 2024824 | 285630 | 2873927 | 2980213 | -106286 | 2466959 | 2500963 | -34004 |
| of which: FIIs | 2310454 | 2024824 | 285630 | 2873927 | 2980213 | -106286 | 2466959 | 2500963 | -34004 |
| GDRs/ADRs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| ii) Abroad | 12751 | 31907 | -19156 | 30090 | 50342 | -20253 | 19187 | 21777 | -2590 |
| 2. Loans (a+b+c) | 634710 | 584127 | 50583 | 787108 | 535905 | 251203 | 809181 | 743367 | 65814 |
| a) External assistance | 125583 | 42578 | 83005 | 82048 | 41891 | 40157 | 93054 | 48684 | 44370 |
| i) By India | 284 | 611 | -327 | 379 | 481 | -102 | 253 | 721 | -468 |
| ii) To India | 125299 | 41967 | 83332 | 81669 | 41410 | 40259 | 92801 | 47963 | 44838 |
| b) Commercial borrowings | 231890 | 233902 | -2012 | 224781 | 164160 | 60621 | 167229 | 196921 | -29691 |
| ii) By India | 21199 | 24085 | -2886 | 14021 | 8619 | 5403 | 10370 | 7603 | 2767 |
| ii) To India | 210691 | 209817 | 874 | 210760 | 155542 | 55218 | 156859 | 189318 | -32458 |
| c) Short term to India | 277237 | 307647 | -30411 | 480279 | 329854 | 150425 | 548898 | 497762 | 51136 |
| i) Suppliers' Credit >180 days & Buyers' Credit | 261995 | 296295 | -34299 | 339086 | 329854 | 9232 | 548898 | 447960 | 100938 |
| ii) Suppliers' credit up to 180 days | 15241 | 11353 | 3889 | 141194 | 0 | 141194 | 0 | 49802 | -49802 |
| 3. Banking capital (a+b) | 551356 | 706588 | -155231 | 766628 | 717339 | 49289 | 1035012 | 870089 | 164923 |
| a) Commercial banks | 546792 | 700765 | -153973 | 763736 | 711096 | 52639 | 1034393 | 864910 | 169483 |
| i) Assets | 175636 | 333005 | -157369 | 377142 | 362114 | 15028 | 461983 | 370868 | 91115 |
| ii) Liabilities | 371156 | 367760 | 3396 | 386594 | 348983 | 37611 | 572410 | 494042 | 78368 |
| of which: Non-resident deposits | 344627 | 289505 | 55121 | 338520 | 314513 | 24007 | 518959 | 445816 | 73143 |
| b) Others | 4564 | 5823 | -1259 | 2892 | 6242 | -3350 | 619 | 5179 | -4560 |
| 4. Rupee debt service | 0 | 484 | -484 | 0 | 527 | -527 | 0 | 531 | -531 |
| 5. Other capital | 289780 | 306298 | -16518 | 558286 | 382560 | 175727 | 463798 | 406130 | 57668 |
| Total capital account (1 to 5) | 4438572 | 3968366 | 470206 | 5673435 | 5036815 | 636620 | 5396772 | 4923607 | 473165 |
| C. Errors & omissions | 7040 | 9636 | -2595 | 10628 | 7313 | 3314 | 7146 | 15587 | -8440 |
| D. Overall balance (A+B+C) | 8917490 | 8267810 | 649681 | 11638469 | 11289351 | 349119 | 12813439 | 12883489 | -70049 |
| E. Monetary movements (i+ii) | 0 | 649681 | -649681 | 120545 | 469664 | -349119 | 242411 | 172362 | 70049 |
| i) I.M.F. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| ii) Foreign exchange reserves (Increase- / Decrease+) | 0 | 649681 | -649681 | 120545 | 469664 | -349119 | 242411 | 172362 | 70049 |
| of which: SDR Allocation | - | - | - | - | 132346 | -132346 | - | - | - |
Notes : 1. G.n.i.e.: Government not included elsewhere.
2. Data for 2022-23 are preliminary estimates.
3. Total may not tally due to rounding off.
Also see Notes on Tables.
Source : Reserve Bank of India. |