| (US$ million) | | | 2017-18 | 2018-19 | 2019-20 | 2020-21 | 2021-22 (P) | | 1 | 2 | 3 | 4 | 5 | 6 | | A. CURRENT ACCOUNT | | | | | | | 1 Exports, f.o.b. | 3,08,970 | 3,37,237 | 3,20,431 | 2,96,300 | 3,11,191 | | 2 Imports, c.i.f. | 4,69,006 | 5,17,519 | 4,77,937 | 3,98,452 | 4,46,835 | | 3 Trade Balance | -1,60,036 | -1,80,283 | -1,57,506 | -1,02,152 | -1,35,644 | | 4 Invisibles, Net | 1,11,319 | 1,23,026 | 1,32,850 | 1,26,065 | 1,09,077 | | a) ‘Non-Factor’ Services of which : | 77,562 | 81,941 | 84,922 | 88,565 | 79,203 | | Software Services | 72,186 | 77,654 | 84,643 | 89,741 | 80,274 | | b) Income | -28,681 | -28,861 | -27,281 | -35,960 | -29,441 | | c) Private Transfers | 62,949 | 70,601 | 76,217 | 74,439 | 59,880 | | 5 Current Account Balance | -48,717 | -57,256 | -24,656 | 23,912 | -26,567 | | B. CAPITAL ACCOUNT | | | | | | | 1 Foreign Investment, Net (a+b) | 52,401 | 30,094 | 44,417 | 80,092 | 24,947 | | a) Direct Investment | 30,286 | 30,712 | 43,013 | 43,955 | 26,509 | | b) Portfolio Investment | 22,115 | -618 | 1,403 | 36,137 | -1,562 | | 2 External Assistance, Net | 2,944 | 3,413 | 3,751 | 11,167 | 2,709 | | 3 Commercial Borrowings, Net | -183 | 10,416 | 22,960 | -134 | 4,863 | | 4 Short Term Credit, Net | 13,900 | 2,021 | -1,026 | -4,130 | 13,284 | | 5 Banking Capital of which : | 16,190 | 7,433 | -5,315 | -21,067 | 12,631 | | NRI Deposits, Net | 9,676 | 10,387 | 8,627 | 7,364 | 3,075 | | 6 Rupee Debt Service | -75 | -31 | -69 | -64 | -59 | | 7 Other Capital, Net& | 6,213 | 1,057 | 18,462 | -2,143 | 30,935 | | 8 Total Capital Account | 91,390 | 54,403 | 83,180 | 63,721 | 89,309 | | C. Errors & Omissions | 902 | -486 | 974 | -347 | 782 | | D. Overall Balance [A(5)+B(8)+C] | 43,574 | -3,339 | 59,498 | 87,286 | 63,524 | | E. Monetary Movements (F+G) | -43,574 | 3,339 | -59,498 | -87,286 | -63,524 | | F. IMF, Net | 0 | 0 | 0 | 0 | 0 | | G. Reserves and Monetary Gold (Increase -, Decrease +) | -43,574 | 3,339 | -59,498 | -87,286 | -63,524 | | of which: SDR allocation | 0 | 0 | 0 | 0 | -17,862 | | Memo: As a ratio to GDP | | | | | | | 1 Trade Balance | -6.0 | -6.7 | -5.6 | -3.8 | -5.9 | | 2 Net Services | 2.9 | 3.0 | 3.0 | 3.3 | 3.4 | | 3 Net Income | -1.1 | -1.1 | -1.0 | -1.3 | -1.3 | | 4 Current Account Balance | -1.8 | -2.1 | -0.9 | 0.9 | -1.2 | | 5 Capital Account, Net | 3.4 | 2.0 | 2.9 | 2.4 | 3.9 | | 6 Foreign Investment, Net | 2.0 | 1.1 | 1.6 | 3.0 | 1.1 | P: Data are provisional and pertain to April-December 2021.
& : 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. | |