| (US$ million) | | | 2013-14 | 2014-15 | 2015-16 | 2016-17 PR | 2017-18 P | | 1 | 2 | 3 | 4 | 5 | 6 | | A. CURRENT ACCOUNT | | | | | | | 1 Exports, f.o.b. | 318,607 | 316,545 | 266,365 | 280,138 | 308,970 | | 2 Imports, c.i.f. | 466,216 | 461,484 | 396,444 | 392,580 | 469,006 | | 3 Trade Balance | -147,609 | -144,940 | -130,079 | -112,442 | -160,036 | | 4 Invisibles, Net | 115,313 | 118,081 | 107,928 | 98,026 | 111,319 | | a) ‘Non-Factor’ Services of which : | 73,066 | 76,529 | 69,676 | 68,345 | 77,562 | | Software Services | 67,002 | 70,400 | 71,454 | 70,763 | 72,186 | | b) Income | -23,028 | -24,140 | -24,375 | -26,302 | -28,681 | | c) Private Transfers | 65,481 | 66,264 | 63,139 | 56,573 | 62,949 | | 5 Current Account Balance | -32,296 | -26,859 | -22,151 | -14,417 | -48,717 | | B. CAPITAL ACCOUNT | | | | | | | 1 Foreign Investment, Net (a+b) | 26,386 | 73,456 | 31,891 | 43,224 | 52,401 | | a) Direct Investment | 21,564 | 31,251 | 36,021 | 35,612 | 30,286 | | b) Portfolio Investment | 4,822 | 42,205 | -4,130 | 7,612 | 22,115 | | 2 External Assistance, Net | 1,032 | 1,725 | 1,505 | 2,013 | 2,944 | | 3 Commercial Borrowings, Net | 11,777 | 1,570 | -4,529 | -6,102 | -183 | | 4 Short Term Credit, Net | -5,044 | -111 | -1,610 | 6,467 | 13,900 | | 5 Banking Capital of which : | 25,449 | 11,618 | 10,630 | -16,616 | 16,190 | | NRI Deposits, Net | 38,892 | 14,057 | 16,052 | -12,367 | 9,676 | | 6 Rupee Debt Service | -52 | -81 | -73 | -99 | -75 | | 7 Other Capital, Net @ | -10,761 | 1,109 | 3,315 | 7,559 | 6,213 | | 8 Total Capital Account | 48,787 | 89,286 | 41,128 | 36,447 | 91,390 | | C. Errors & Omissions | -983 | -1,021 | -1,073 | -480 | 902 | | D. Overall Balance [A(5)+B(8)+C] | 15,508 | 61,406 | 17,905 | 21,550 | 43,574 | | E. Monetary Movements (F+G) | -15,508 | -61,406 | -17,905 | -21,550 | -43,574 | | F. IMF, Net | 0 | 0 | 0 | 0 | 0 | | G. Reserves and Monetary Gold (Increase -, Decrease +) | -15,508 | -61,406 | -17,905 | -21,550 | -43,574 | | of which : SDR allocation | 0 | 0 | 0 | 0 | 0 | | Memo: As a ratio to GDP | | | | | | | 1 Trade Balance | -7.9 | -7.1 | -6.2 | -4.9 | -6.1 | | 2 Net Services | 3.9 | 3.8 | 3.3 | 3.0 | 3.0 | | 3 Net Income | -1.2 | -1.2 | -1.2 | -1.2 | -1.1 | | 4 Current Account Balance | -1.7 | -1.3 | -1.1 | -0.6 | -1.9 | | 5 Capital Net (Excld. changes in reserves) | 2.6 | 4.4 | 2.0 | 1.6 | 3.5 | | 6 Foreign Investment, Net | 1.4 | 3.6 | 1.5 | 1.9 | 2.0 | PR: Partially Revised. P: Provisional. f.o.b.: free on board. c.i.f.: cost, insurance and freight.
@ : Includes delayed export receipts, advance payments against imports, net funds held abroad and advances received pending issue of shares under FDI.
Note: 1. Gold and silver brought by returning Indians have been included under imports, with a contra entry in private transfer receipts.
2. Data on exports and imports differ from those given by DGCI&S on account of differences in coverage, valuation and timing.
Source: RBI. | |