India • External sector

India — Balance of Payments

Last update: 30 Jul 2026

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Merchandise deficit

Provisional

−$333B FY26

Current account balance

Verified

−$32B 2024

Services surplus

Provisional

+$213B FY26

Foreign-exchange reserves

Verified

+$643B 2024

Overall trade gap

Provisional

−$119B FY26

Featured chart • USD billions

Merchandise trade and external buffers

Calendar-year trade flows and period-end foreign-exchange reserves.

2014–2024

Detailed analysis

Four views behind the headline

All values respond to the applicable country, currency, frequency and period filters.

Current account

Deficit, surplus and adjustment

2017 −$38.17B

2018 −$65.6B

2019 −$29.76B

2020 +$32.73B

2021 −$33.42B

2022 −$79.05B

2023 −$31.96B

2024 −$32.02B

Fiscal balance

Current, capital and overall accounts

FY21

FY22

FY23

FY24

FY25

Current Capital Overall

Monthly trade

Exports and imports by available period

Partial series

Oct FY25

Nov FY25

Dec FY25

Feb FY25

Jun FY26

Jul FY26

Oct FY26

Nov FY26

Dec FY26

Jan FY26

Feb FY26

Mar FY26

Exports Imports

Account composition

Balance of Payments components

Merchandise

−$287B

Services

+$188.8B

Primary income

−$50B

Remittances and transfers

+$124.6B

Current account

−$23.6B

FDI

+$1B

FPI

+$3.6B

NRI deposits

+$16.2B

Loans, banking and other

+$23.2B

Capital account

+$44B

Overall balance

+$20.4B

External buffers & financing

External-sector red flags

Three annual screens for reserve pressure and financing dependence. Inspect a year to see the readings together.

Inspect calendar year

Annual observations · 2014–2024 Common basis: USD billions Historical screens · not a live alert

Complete calendar years from this published snapshot. The dashboard’s date, frequency and currency filters do not change these screens.

Reserve import cover

Line not crossed

8.35months

Calendar year 2024

Watch line: ≤ 3 months Traditional screen

Above the three-month import-cover line. Debt repayments and capital outflows still matter.

Calculations & source rows

Formula: 12 × year-end reserves ÷ annual goods and services imports

At or below 3 months: traditional import-cover reference. Uses the same year's import bill, not forecast imports; this is not the IMF's full reserve-adequacy assessment. Methodology ↗

Annual calculations · months
Year	Reading	Assessment
2014	7.05	Outside watch level
2015	8.62	Outside watch level
2016	9.2	Outside watch level
2017	8.82	Outside watch level
2018	7.45	Outside watch level
2019	8.98	Outside watch level
2020	14.37	Outside watch level
2021	10.68	Outside watch level
2022	7.54	Outside watch level
2023	8.76	Outside watch level
2024	8.35	Outside watch level

Inputs for 2024 · canonical USD billions
Input / period	Value	Source
FX reserves01 Jan 2024 – 31 Dec 2024Observation 0828e568-68d4-4d8b-99fc-9501cf4b482d	643.04	World Bank World Development Indicators ↗VERIFIED
Goods & services imports01 Jan 2024 – 31 Dec 2024Observation ac0159d1-224a-424a-9920-5e78ea4323c3	923.59	World Bank World Development Indicators ↗VERIFIED

Reserve stock change

Line not crossed

2.43% YoY

Calendar year 2024

Watch line: ≤ -10 % YoY Editorial screen

The annual reserve-loss screen is not triggered. Stock changes alone do not measure intervention.

Calculations & source rows

Formula: 100 × (year-end reserves ÷ previous year-end reserves − 1)

At or below −10%: an Exalytics editorial watch level. Changes include valuation effects and do not measure RBI intervention or reserve transactions alone. Methodology ↗

Annual calculations · % YoY
Year	Reading	Assessment
2014	—	Unavailable — missing 2013 input
2015	8.69	Outside watch level
2016	2.37	Outside watch level
2017	14.08	Outside watch level
2018	-3.26	Outside watch level
2019	16.11	Outside watch level
2020	27.35	Outside watch level
2021	8.17	Outside watch level
2022	-11.15	Watch level reached
2023	10.66	Outside watch level
2024	2.43	Outside watch level

Inputs for 2024 · canonical USD billions
Input / period	Value	Source
FX reserves01 Jan 2023 – 31 Dec 2023Observation 18f17fbd-f18c-4f2d-975b-6ee884f1cfad	627.79	World Bank World Development Indicators ↗VERIFIED
FX reserves01 Jan 2024 – 31 Dec 2024Observation 0828e568-68d4-4d8b-99fc-9501cf4b482d	643.04	World Bank World Development Indicators ↗VERIFIED

FDI inflows relative to the current-account deficit

Watch line reached

84.76% of deficit

Calendar year 2024

Watch line: ≤ 100 % of deficit Editorial screen

Net inward FDI is at most the current-account deficit. Review other financing sources and their stability.

Calculations & source rows

Formula: 100 × FDI net inflows ÷ absolute current-account deficit

At or below 100%: an Exalytics funding-composition watch. Inward FDI alone is no larger than the deficit; this is not an unfinanced gap. Other flows and outward direct investment matter. Not applicable in surplus years. Methodology ↗

Annual calculations · % of deficit
Year	Reading	Assessment
2014	126.62	Outside watch level
2015	195.95	Outside watch level
2016	367.13	Outside watch level
2017	104.72	Outside watch level
2018	64.21	Watch level reached
2019	170.06	Outside watch level
2020	—	Not applicable — no current-account deficit
2021	133.84	Outside watch level
2022	63.18	Watch level reached
2023	87.89	Watch level reached
2024	84.76	Watch level reached

Inputs for 2024 · canonical USD billions
Input / period	Value	Source
Current-account balance01 Jan 2024 – 31 Dec 2024Observation 5181b29f-7764-41ef-81ce-a36a265f0e8a	-32.02	World Bank World Development Indicators ↗VERIFIED
Net inward FDI01 Jan 2024 – 31 Dec 2024Observation 96250d6b-a276-4506-bd43-fae063339f59	27.14	World Bank World Development Indicators ↗VERIFIED

Calculated annual historyAt or below the watch lineGaps = unavailable or not applicable

Not measured in this snapshot Current account / GDPShort-term debt / reservesIMF reserve adequacy

Comparable GDP, debt and liability inputs are missing. These three screens cannot confirm or rule out an external-sector crisis. Reserve-adequacy framework ↗

Source note: Calendar-year external-sector series reproduced from the supplied dashboard; verify indicator-level API extracts before commercial publication.

View copyable data & provenance

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      "Threshold": 100,
      "Formula": "100 \u00D7 FDI net inflows \u00F7 absolute current-account deficit",
      "Note": "At or below 100%: an Exalytics funding-composition watch. Inward FDI alone is no larger than the deficit; this is not an unfinanced gap. Other flows and outward direct investment matter. Not applicable in surplus years.",
      "MethodologyUrl": "https://databank.worldbank.org/metadataglossary/world-development-indicators/series/BX.KLT.DINV.CD.WD",
      "Points": [
        {
          "Year": 2014,
          "Value": 126.62028560966678872207982424,
          "Triggered": false,
          "Status": "Outside watch level",
          "Evidence": [
            {
              "Id": "4b78d791-62c8-45ee-9914-49be15092947",
              "RefreshRunId": "b03de977-6b26-43af-9019-8c738cc00401",
              "IndicatorCode": "current-account-balance",
              "SubjectCountryCode": "IND",
              "PeriodStartUtc": "2014-01-01T00:00:00+00:00",
              "PeriodEndUtc": "2014-12-31T00:00:00+00:00",
              "FrequencyCode": "ANNUAL",
              "Value": -27.31000000,
              "UnitCode": "USD_BILLION",
              "DataStatus": "VERIFIED",
              "IsApprovedForAgent": true,
              "SourceName": "World Bank World Development Indicators",
              "SourceUri": "https://api.worldbank.org/v2/country/IND?format=json",
              "SourceNote": "Calendar-year external-sector series reproduced from the supplied dashboard; verify indicator-level API extracts before commercial publication."
            },
            {
              "Id": "5c095e22-3853-47c9-ab47-1ad4c99d527c",
              "RefreshRunId": "b03de977-6b26-43af-9019-8c738cc00401",
              "IndicatorCode": "fdi-net-inflows",
              "SubjectCountryCode": "IND",
              "PeriodStartUtc": "2014-01-01T00:00:00+00:00",
              "PeriodEndUtc": "2014-12-31T00:00:00+00:00",
              "FrequencyCode": "ANNUAL",
              "Value": 34.58000000,
              "UnitCode": "USD_BILLION",
              "DataStatus": "VERIFIED",
              "IsApprovedForAgent": true,
              "SourceName": "World Bank World Development Indicators",
              "SourceUri": "https://api.worldbank.org/v2/country/IND?format=json",
              "SourceNote": "Calendar-year external-sector series reproduced from the supplied dashboard; verify indicator-level API extracts before commercial publication."
            }
          ]
        },
        {
          "Year": 2015,
          "Value": 195.94835262689225289403383793,
          "Triggered": false,
          "Status": "Outside watch level",
          "Evidence": [
            {
              "Id": "14b83ba8-930b-4a4c-86cd-9dd4af2b721d",
              "RefreshRunId": "b03de977-6b26-43af-9019-8c738cc00401",
              "IndicatorCode": "current-account-balance",
              "SubjectCountryCode": "IND",
              "PeriodStartUtc": "2015-01-01T00:00:00+00:00",
              "PeriodEndUtc": "2015-12-31T00:00:00+00:00",
              "FrequencyCode": "ANNUAL",
              "Value": -22.46000000,
              "UnitCode": "USD_BILLION",
              "DataStatus": "VERIFIED",
              "IsApprovedForAgent": true,
              "SourceName": "World Bank World Development Indicators",
              "SourceUri": "https://api.worldbank.org/v2/country/IND?format=json",
              "SourceNote": "Calendar-year external-sector series reproduced from the supplied dashboard; verify indicator-level API extracts before commercial publication."
            },
            {
              "Id": "0f4756c4-4e6c-4d26-8cd9-c1449f1b9ccc",
              "RefreshRunId": "b03de977-6b26-43af-9019-8c738cc00401",
              "IndicatorCode": "fdi-net-inflows",
              "SubjectCountryCode": "IND",
              "PeriodStartUtc": "2015-01-01T00:00:00+00:00",
              "PeriodEndUtc": "2015-12-31T00:00:00+00:00",
              "FrequencyCode": "ANNUAL",
              "Value": 44.01000000,
              "UnitCode": "USD_BILLION",
              "DataStatus": "VERIFIED",
              "IsApprovedForAgent": true,
              "SourceName": "World Bank World Development Indicators",
              "SourceUri": "https://api.worldbank.org/v2/country/IND?format=json",
              "SourceNote": "Calendar-year external-sector series reproduced from the supplied dashboard; verify indicator-level API extracts before commercial publication."
            }
          ]
        },
        {
          "Year": 2016,
          "Value": 367.13459950454170107349298101,
          "Triggered": false,
          "Status": "Outside watch level",
          "Evidence": [
            {
              "Id": "669f63f8-949a-4e98-821b-a555af7ac09a",
              "RefreshRunId": "b03de977-6b26-43af-9019-8c738cc00401",
              "IndicatorCode": "current-account-balance",
              "SubjectCountryCode": "IND",
              "PeriodStartUtc": "2016-01-01T00:00:00+00:00",
              "PeriodEndUtc": "2016-12-31T00:00:00+00:00",
              "FrequencyCode": "ANNUAL",
              "Value": -12.11000000,
              "UnitCode": "USD_BILLION",
              "DataStatus": "VERIFIED",
              "IsApprovedForAgent": true,
              "SourceName": "World Bank World Development Indicators",
              "SourceUri": "https://api.worldbank.org/v2/country/IND?format=json",
              "SourceNote": "Calendar-year external-sector series reproduced from the supplied dashboard; verify indicator-level API extracts before commercial publication."
            },
            {
              "Id": "f22775db-fed6-4812-abfd-e7fd71fcdf96",
              "RefreshRunId": "b03de977-6b26-43af-9019-8c738cc00401",
              "IndicatorCode": "fdi-net-inflows",
              "SubjectCountryCode": "IND",
              "PeriodStartUtc": "2016-01-01T00:00:00+00:00",
              "PeriodEndUtc": "2016-12-31T00:00:00+00:00",
              "FrequencyCode": "ANNUAL",
              "Value": 44.46000000,
              "UnitCode": "USD_BILLION",
              "DataStatus": "VERIFIED",
              "IsApprovedForAgent": true,
              "SourceName": "World Bank World Development Indicators",
              "SourceUri": "https://api.worldbank.org/v2/country/IND?format=json",
              "SourceNote": "Calendar-year external-sector series reproduced from the supplied dashboard; verify indicator-level API extracts before commercial publication."
            }
          ]
        },
        {
          "Year": 2017,
          "Value": 104.71574534975111343987424679,
          "Triggered": false,
          "Status": "Outside watch level",
          "Evidence": [
            {
              "Id": "d1c77e98-62dd-4a60-8fc6-0de3b6651db5",
              "RefreshRunId": "b03de977-6b26-43af-9019-8c738cc00401",
              "IndicatorCode": "current-account-balance",
              "SubjectCountryCode": "IND",
              "PeriodStartUtc": "2017-01-01T00:00:00+00:00",
              "PeriodEndUtc": "2017-12-31T00:00:00+00:00",
              "FrequencyCode": "ANNUAL",
              "Value": -38.17000000,
              "UnitCode": "USD_BILLION",
              "DataStatus": "VERIFIED",
              "IsApprovedForAgent": true,
              "SourceName": "World Bank World Development Indicators",
              "SourceUri": "https://api.worldbank.org/v2/country/IND?format=json",
              "SourceNote": "Calendar-year external-sector series reproduced from the supplied dashboard; verify indicator-level API extracts before commercial publication."
            },
            {
              "Id": "0e8d0cdc-df43-41a0-b1a5-c05653cf0900",
              "RefreshRunId": "b03de977-6b26-43af-9019-8c738cc00401",
              "IndicatorCode": "fdi-net-inflows",
              "SubjectCountryCode": "IND",
              "PeriodStartUtc": "2017-01-01T00:00:00+00:00",
              "PeriodEndUtc": "2017-12-31T00:00:00+00:00",
              "FrequencyCode": "ANNUAL",
              "Value": 39.97000000,
              "UnitCode": "USD_BILLION",
              "DataStatus": "VERIFIED",
              "IsApprovedForAgent": true,
              "SourceName": "World Bank World Development Indicators",
              "SourceUri": "https://api.worldbank.org/v2/country/IND?format=json",
              "SourceNote": "Calendar-year external-sector series reproduced from the supplied dashboard; verify indicator-level API extracts before commercial publication."
            }
          ]
        },
        {
          "Year": 2018,
          "Value": 64.207317073170731707317073170,
          "Triggered": true,
          "Status": "Watch level reached",
          "Evidence": [
            {
              "Id": "b657d49a-f287-4911-b7c2-09ec76275359",
              "RefreshRunId": "b03de977-6b26-43af-9019-8c738cc00401",
              "IndicatorCode": "current-account-balance",
              "SubjectCountryCode": "IND",
              "PeriodStartUtc": "2018-01-01T00:00:00+00:00",
              "PeriodEndUtc": "2018-12-31T00:00:00+00:00",
              "FrequencyCode": "ANNUAL",
              "Value": -65.60000000,
              "UnitCode": "USD_BILLION",
              "DataStatus": "VERIFIED",
              "IsApprovedForAgent": true,
              "SourceName": "World Bank World Development Indicators",
              "SourceUri": "https://api.worldbank.org/v2/country/IND?format=json",
              "SourceNote": "Calendar-year external-sector series reproduced from the supplied dashboard; verify indicator-level API extracts before commercial publication."
            },
            {
              "Id": "0ef4049f-4fca-4b7a-9efb-b6a3a8a54c8c",
              "RefreshRunId": "b03de977-6b26-43af-9019-8c738cc00401",
              "IndicatorCode": "fdi-net-inflows",
              "SubjectCountryCode": "IND",
              "PeriodStartUtc": "2018-01-01T00:00:00+00:00",
              "PeriodEndUtc": "2018-12-31T00:00:00+00:00",
              "FrequencyCode": "ANNUAL",
              "Value": 42.12000000,
              "UnitCode": "USD_BILLION",
              "DataStatus": "VERIFIED",
              "IsApprovedForAgent": true,
              "SourceName": "World Bank World Development Indicators",
              "SourceUri": "https://api.worldbank.org/v2/country/IND?format=json",
              "SourceNote": "Calendar-year external-sector series reproduced from the supplied dashboard; verify indicator-level API extracts before commercial publication."
            }
          ]
        },
        {
          "Year": 2019,
          "Value": 170.06048387096774193548387097,
          "Triggered": false,
          "Status": "Outside watch level",
          "Evidence": [
            {
              "Id": "c95c08dd-97d9-411d-a7ef-c8cbf9f5d84b",
              "RefreshRunId": "b03de977-6b26-43af-9019-8c738cc00401",
              "IndicatorCode": "current-account-balance",
              "SubjectCountryCode": "IND",
              "PeriodStartUtc": "2019-01-01T00:00:00+00:00",
              "PeriodEndUtc": "2019-12-31T00:00:00+00:00",
              "FrequencyCode": "ANNUAL",
              "Value": -29.76000000,
              "UnitCode": "USD_BILLION",
              "DataStatus": "VERIFIED",
              "IsApprovedForAgent": true,
              "SourceName": "World Bank World Development Indicators",
              "SourceUri": "https://api.worldbank.org/v2/country/IND?format=json",
              "SourceNote": "Calendar-year external-sector series reproduced from the supplied dashboard; verify indicator-level API extracts before commercial publication."
            },
            {
              "Id": "743137ae-bab8-43f3-acea-b649554d0033",
              "RefreshRunId": "b03de977-6b26-43af-9019-8c738cc00401",
              "IndicatorCode": "fdi-net-inflows",
              "SubjectCountryCode": "IND",
              "PeriodStartUtc": "2019-01-01T00:00:00+00:00",
              "PeriodEndUtc": "2019-12-31T00:00:00+00:00",
              "FrequencyCode": "ANNUAL",
              "Value": 50.61000000,
              "UnitCode": "USD_BILLION",
              "DataStatus": "VERIFIED",
              "IsApprovedForAgent": true,
              "SourceName": "World Bank World Development Indicators",
              "SourceUri": "https://api.worldbank.org/v2/country/IND?format=json",
              "SourceNote": "Calendar-year external-sector series reproduced from the supplied dashboard; verify indicator-level API extracts before commercial publication."
            }
          ]
        },
        {
          "Year": 2020,
          "Value": null,
          "Triggered": null,
          "Status": "Not applicable \u2014 no current-account deficit",
          "Evidence": [
            {
              "Id": "420b6cb7-a33e-480b-9785-95fcdb0db09a",
              "RefreshRunId": "b03de977-6b26-43af-9019-8c738cc00401",
              "IndicatorCode": "current-account-balance",
              "SubjectCountryCode": "IND",
              "PeriodStartUtc": "2020-01-01T00:00:00+00:00",
              "PeriodEndUtc": "2020-12-31T00:00:00+00:00",
              "FrequencyCode": "ANNUAL",
              "Value": 32.73000000,
              "UnitCode": "USD_BILLION",
              "DataStatus": "VERIFIED",
              "IsApprovedForAgent": true,
              "SourceName": "World Bank World Development Indicators",
              "SourceUri": "https://api.worldbank.org/v2/country/IND?format=json",
              "SourceNote": "Calendar-year external-sector series reproduced from the supplied dashboard; verify indicator-level API extracts before commercial publication."
            }
          ]
        },
        {
          "Year": 2021,
          "Value": 133.84201077199281867145421903,
          "Triggered": false,
          "Status": "Outside watch level",
          "Evidence": [
            {
              "Id": "0cf8032a-a230-4db5-9a3a-005916b10b42",
              "RefreshRunId": "b03de977-6b26-43af-9019-8c738cc00401",
              "IndicatorCode": "current-account-balance",
              "SubjectCountryCode": "IND",
              "PeriodStartUtc": "2021-01-01T00:00:00+00:00",
              "PeriodEndUtc": "2021-12-31T00:00:00+00:00",
              "FrequencyCode": "ANNUAL",
              "Value": -33.42000000,
              "UnitCode": "USD_BILLION",
              "DataStatus": "VERIFIED",
              "IsApprovedForAgent": true,
              "SourceName": "World Bank World Development Indicators",
              "SourceUri": "https://api.worldbank.org/v2/country/IND?format=json",
              "SourceNote": "Calendar-year external-sector series reproduced from the supplied dashboard; verify indicator-level API extracts before commercial publication."
            },
            {
              "Id": "86d8f82f-551f-411c-bd23-f5b64e8f0847",
              "RefreshRunId": "b03de977-6b26-43af-9019-8c738cc00401",
              "IndicatorCode": "fdi-net-inflows",
              "SubjectCountryCode": "IND",
              "PeriodStartUtc": "2021-01-01T00:00:00+00:00",
              "PeriodEndUtc": "2021-12-31T00:00:00+00:00",
              "FrequencyCode": "ANNUAL",
              "Value": 44.73000000,
              "UnitCode": "USD_BILLION",
              "DataStatus": "VERIFIED",
              "IsApprovedForAgent": true,
              "SourceName": "World Bank World Development Indicators",
              "SourceUri": "https://api.worldbank.org/v2/country/IND?format=json",
              "SourceNote": "Calendar-year external-sector series reproduced from the supplied dashboard; verify indicator-level API extracts before commercial publication."
            }
          ]
        },
        {
          "Year": 2022,
          "Value": 63.175205566097406704617330800,
          "Triggered": true,
          "Status": "Watch level reached",
          "Evidence": [
            {
              "Id": "c9f189da-4b46-410d-9840-b873368de216",
              "RefreshRunId": "b03de977-6b26-43af-9019-8c738cc00401",
              "IndicatorCode": "current-account-balance",
              "SubjectCountryCode": "IND",
              "PeriodStartUtc": "2022-01-01T00:00:00+00:00",
              "PeriodEndUtc": "2022-12-31T00:00:00+00:00",
              "FrequencyCode": "ANNUAL",
              "Value": -79.05000000,
              "UnitCode": "USD_BILLION",
              "DataStatus": "VERIFIED",
              "IsApprovedForAgent": true,
              "SourceName": "World Bank World Development Indicators",
              "SourceUri": "https://api.worldbank.org/v2/country/IND?format=json",
              "SourceNote": "Calendar-year external-sector series reproduced from the supplied dashboard; verify indicator-level API extracts before commercial publication."
            },
            {
              "Id": "9236362a-4221-45b5-95a0-54ec3fe2cb84",
              "RefreshRunId": "b03de977-6b26-43af-9019-8c738cc00401",
              "IndicatorCode": "fdi-net-inflows",
              "SubjectCountryCode": "IND",
              "PeriodStartUtc": "2022-01-01T00:00:00+00:00",
              "PeriodEndUtc": "2022-12-31T00:00:00+00:00",
              "FrequencyCode": "ANNUAL",
              "Value": 49.94000000,
              "UnitCode": "USD_BILLION",
              "DataStatus": "VERIFIED",
              "IsApprovedForAgent": true,
              "SourceName": "World Bank World Development Indicators",
              "SourceUri": "https://api.worldbank.org/v2/country/IND?format=json",
              "SourceNote": "Calendar-year external-sector series reproduced from the supplied dashboard; verify indicator-level API extracts before commercial publication."
            }
          ]
        },
        {
          "Year": 2023,
          "Value": 87.89111389236545682102628285,
          "Triggered": true,
          "Status": "Watch level reached",
          "Evidence": [
            {
              "Id": "ca7dbc0e-a9e9-47ce-a364-1d7db5087792",
              "RefreshRunId": "b03de977-6b26-43af-9019-8c738cc00401",
              "IndicatorCode": "current-account-balance",
              "SubjectCountryCode": "IND",
              "PeriodStartUtc": "2023-01-01T00:00:00+00:00",
              "PeriodEndUtc": "2023-12-31T00:00:00+00:00",
              "FrequencyCode": "ANNUAL",
              "Value": -31.96000000,
              "UnitCode": "USD_BILLION",
              "DataStatus": "VERIFIED",
              "IsApprovedForAgent": true,
              "SourceName": "World Bank World Development Indicators",
              "SourceUri": "https://api.worldbank.org/v2/country/IND?format=json",
              "SourceNote": "Calendar-year external-sector series reproduced from the supplied dashboard; verify indicator-level API extracts before commercial publication."
            },
            {
              "Id": "a07e89f0-8934-42a9-8335-ceffb61eb353",
              "RefreshRunId": "b03de977-6b26-43af-9019-8c738cc00401",
              "IndicatorCode": "fdi-net-inflows",
              "SubjectCountryCode": "IND",
              "PeriodStartUtc": "2023-01-01T00:00:00+00:00",
              "PeriodEndUtc": "2023-12-31T00:00:00+00:00",
              "FrequencyCode": "ANNUAL",
              "Value": 28.09000000,
              "UnitCode": "USD_BILLION",
              "DataStatus": "VERIFIED",
              "IsApprovedForAgent": true,
              "SourceName": "World Bank World Development Indicators",
              "SourceUri": "https://api.worldbank.org/v2/country/IND?format=json",
              "SourceNote": "Calendar-year external-sector series reproduced from the supplied dashboard; verify indicator-level API extracts before commercial publication."
            }
          ]
        },
        {
          "Year": 2024,
          "Value": 84.75952529668956901936289819,
          "Triggered": true,
          "Status": "Watch level reached",
          "Evidence": [
            {
              "Id": "5181b29f-7764-41ef-81ce-a36a265f0e8a",
              "RefreshRunId": "b03de977-6b26-43af-9019-8c738cc00401",
              "IndicatorCode": "current-account-balance",
              "SubjectCountryCode": "IND",
              "PeriodStartUtc": "2024-01-01T00:00:00+00:00",
              "PeriodEndUtc": "2024-12-31T00:00:00+00:00",
              "FrequencyCode": "ANNUAL",
              "Value": -32.02000000,
              "UnitCode": "USD_BILLION",
              "DataStatus": "VERIFIED",
              "IsApprovedForAgent": true,
              "SourceName": "World Bank World Development Indicators",
              "SourceUri": "https://api.worldbank.org/v2/country/IND?format=json",
              "SourceNote": "Calendar-year external-sector series reproduced from the supplied dashboard; verify indicator-level API extracts before commercial publication."
            },
            {
              "Id": "96250d6b-a276-4506-bd43-fae063339f59",
              "RefreshRunId": "b03de977-6b26-43af-9019-8c738cc00401",
              "IndicatorCode": "fdi-net-inflows",
              "SubjectCountryCode": "IND",
              "PeriodStartUtc": "2024-01-01T00:00:00+00:00",
              "PeriodEndUtc": "2024-12-31T00:00:00+00:00",
              "FrequencyCode": "ANNUAL",
              "Value": 27.14000000,
              "UnitCode": "USD_BILLION",
              "DataStatus": "VERIFIED",
              "IsApprovedForAgent": true,
              "SourceName": "World Bank World Development Indicators",
              "SourceUri": "https://api.worldbank.org/v2/country/IND?format=json",
              "SourceNote": "Calendar-year external-sector series reproduced from the supplied dashboard; verify indicator-level API extracts before commercial publication."
            }
          ]
        }
      ]
    }
  ]
}

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