Publications

Document - Table 128 : Key Components of India’s Balance of Payments - US Dollar () or PDF - Table 128 : Key Components of India’s Balance of Payments - US Dollar ()
Date : Jul 31, 2026
Table 128 : Key Components of India’s Balance of Payments - US Dollar
(US$ Million)
Item/ Year 1996-97 1997-98 1998-99 1999-00 2000-01 2001-02 2002-03 2003-04 2004-05 2005-06
1 2 3 4 5 6 7 8 9 10 11
I. Merchandise                    
A) Exports, f.o.b. 34133 35680 34298 37542 45452 44703 53774 66285 85206 105152
B) Imports, c.i.f. 48948 51187 47544 55383 57912 56277 64464 80003 118908 157056
Trade balance (A-B) -14815 -15507 -13246 -17841 -12460 -11574 -10690 -13718 -33702 -51904
II. Invisibles, net 10196 10008 9208 13143 9794 14974 17035 27801 31232 42002
III. Current account (I+II) -4619 -5499 -4038 -4698 -2666 3400 6345 14083 -2470 -9902
IV. Capital account (A to F) 11412 10010 8260 11100 8534 8357 10640 17338 28629 24954
A) Foreign Investment 6154 5390 2412 5191 6791 8146 6015 15678 15298 21395
B) External assistance, net 1109 907 820 901 427 1204 -3096 -2754 2027 1766
C) Commercial borrowings, net 2848 3999 4362 313 4308 -1588 -1701 -2928 5426 2759
D) Rupee debt service -727 -767 -802 -711 -617 -519 -474 -376 -417 -572
E) NRI deposits, net 3350 1125 961 1540 2316 2754 2978 3642 -964 2789
F) Other capital -1321 -643 508 3866 -4691 -1640 6918 4076 7259 -3183
V. Overall balance (III+IV) 6793 4511 4222 6402 5868 11757 16985 31421 26159 15052
VI. Monetary movements (VII+VIII+IX) -6793 -4511 -4222 -6402 -5868 -11757 -16985 -31421 -26159 -15052
VII. Reserves (increase -/ decrease +) -5818 -3893 -3829 -6142 -5842 -11757 -16985 -31421 -26159 -15052
VIII. IMF, net -975 -618 -393 -260 -26 - - - - -
IX. SDR allocation - - - - - - - - - -

Item/ Year 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16
1 12 13 14 15 16 17 18 19 20 21
I. Merchandise                    
A) Exports, f.o.b. 128888 166163 189001 182442 256159 309774 306581 318607 316545 266365
B) Imports, c.i.f. 190670 257630 308520 300644 383481 499533 502237 466216 461484 396444
Trade balance (A-B) -61782 -91468 -119519 -118203 -127322 -189759 -195656 -147609 -144940 -130079
II. Invisibles, net 52217 75730 91604 80022 79269 111604 107493 115313 118081 107928
III. Current account (I+II) -9565 -15738 -27914 -38181 -48053 -78155 -88163 -32296 -26859 -22151
IV. Capital account (A to F) 46171 107902 7835 51622 61103 65324 91989 47804 88265 40055
A) Foreign Investment 29743 62000 27884 65485 60500 50362 54723 35792 77476 41264
B) External assistance, net 1787 2118 2785 3261 4967 2452 1268 1231 2053 1966
C) Commercial borrowings, net 16443 22641 6647 2531 11832 9140 8582 10716 232 -5856
D) Rupee debt service -162 -121 -100 -97 -68 -79 -58 -52 -81 -73
E) NRI deposits, net 4321 179 4290 2922 3238 11918 14842 38892 14057 16052
F) Other capital -5961 21088 -33672 -22480 -19366 -8468 12631 -38775 -5472 -13297
V. Overall balance (III+IV) 36606 92164 -20080 13441 13050 -12831 3826 15508 61406 17905
VI. Monetary movements (VII+VIII+IX) -36606 -92164 20080 -13441 -13050 12831 -3826 -15508 -61406 -17905
VII. Reserves (increase -/ decrease +) -36606 -92164 20080 -13441 -13050 12831 -3826 -15508 -61406 -17905
VIII. IMF, net - - - - - - - - - -
IX. SDR allocation - - - -5160 - - - - - -

Item/ Year 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26
1 22 23 24 25 26 27 28 29 30 31
I. Merchandise                    
A) Exports, f.o.b. 280138 308970 337237 320431 296300 429164 456073 441443 442082 446147
B) Imports, c.i.f. 392580 469006 517519 477937 398452 618623 721364 686354 729028 783435
Trade balance (A-B) -112442 -160036 -180283 -157506 -102152 -189459 -265291 -244911 -286947 -337288
II. Invisibles, net 98026 111319 123026 132850 126065 150694 198236 218800 263887 311923
III. Current account (I+II) -14417 -48717 -57256 -24656 23912 -38766 -67055 -26111 -23060 -25365
IV. Capital account (A to F) 35967 92292 53917 84154 63374 86266 57920 89813 18027 1766
A) Foreign Investment 49981 61595 42898 56558 93653 42160 37178 71455 32413 25597
B) External assistance, net 2186 3013 3487 3856 11211 5379 5579 7603 6337 2577
C) Commercial borrowings, net -7590 -799 9769 21680 240 7407 -4139 3545 18498 14164
D) Rupee debt service -99 -75 -31 -69 -64 -71 -68 -72 -70 -70
E) NRI deposits, net -12367 9676 10387 8627 7364 3234 8989 14702 16163 14413
F) Other capital 3857 18881 -12592 -6498 -49030 28158 10381 -7419 -55313 -54915
V. Overall balance (III+IV) 21550 43574 -3339 59498 87286 47501 -9135 63702 -5032 -23599
VI. Monetary movements (VII+VIII+IX) -21550 -43574 3339 -59498 -87286 -47501 9135 -63702 5032 23599
VII. Reserves (increase -/ decrease +) -21550 -43574 3339 -59498 -87286 -47501 9135 -63702 5032 23599
VIII. IMF, net - - - - - - - - - -
IX. SDR allocation - - - - - -17862 - - - -
Notes : 1. Data for 2025-26 are preliminary estimates.
2. Totals may not tally due to rounding off.
Also see Notes on Tables.
Source : Reserve Bank of India.