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Inside the dataIndia · Quarterly

How is India’s external balance changing?

India ran a current-account deficit of US$4.2 billion (0.5% of GDP) in April–June 2026, against US$3.4 billion (0.4% of GDP) a year earlier.

% of GDP

July–September 2023 Current-account balance, % of GDP: −1.3%October–December 2023 Current-account balance, % of GDP: −1.1%January–March 2024 Current-account balance, % of GDP: 0.5%April–June 2024 Current-account balance, % of GDP: −0.9%July–September 2024 Current-account balance, % of GDP: −2.2%October–December 2024 Current-account balance, % of GDP: −1.1%January–March 2025 Current-account balance, % of GDP: 1.4%April–June 2025 Current-account balance, % of GDP: −0.4%July–September 2025 Current-account balance, % of GDP: −1.3%October–December 2025 Current-account balance, % of GDP: −1.3%January–March 2026 Current-account balance, % of GDP: 0.7%April–June 2026 Current-account balance, % of GDP: −0.5%

Current-account balance · % of GDP · Source: RBI

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