| (US$ million) | | | 2016-17 | 2017-18 | 2018-19 | 2019-20 | 2020-21* | | 1 | 2 | 3 | 4 | 5 | 6 | | A. CURRENT ACCOUNT | | | | | | | 1 Exports, f.o.b. | 2,80,138 | 3,08,970 | 3,37,237 | 3,20,431 | 2,05,174 | | 2 Imports, c.i.f. | 3,92,580 | 4,69,006 | 5,17,519 | 4,77,937 | 2,65,378 | | 3 Trade Balance | -1,12,442 | -1,60,036 | -1,80,283 | -1,57,506 | -60,204 | | 4 Invisibles, Net | 98,026 | 1,11,319 | 1,23,026 | 1,32,850 | 92,554 | | a) ‘Non-Factor’ Services of which : | 68,345 | 77,562 | 81,941 | 84,922 | 64,996 | | Software Services | 70,763 | 72,186 | 77,654 | 84,643 | 66,171 | | b) Income | -26,302 | -28,681 | -28,861 | -27,281 | -27,060 | | c) Private Transfers | 56,573 | 62,949 | 70,601 | 76,217 | 55,331 | | 5 Current Account Balance | -14,417 | -48,717 | -57,256 | -24,656 | 32,350 | | B. CAPITAL ACCOUNT | | | | | | | 1 Foreign Investment, Net (a+b) | 43,224 | 52,401 | 30,094 | 44,417 | 69,676 | | a) Direct Investment | 35,612 | 30,286 | 30,712 | 43,013 | 40,819 | | b) Portfolio Investment | 7,612 | 22,115 | -618 | 1,403 | 28,857 | | 2 External Assistance, Net | 2,013 | 2,944 | 3,413 | 3,751 | 7,174 | | 3 Commercial Borrowings, Net | -6,102 | -183 | 10416 | 22,960 | -6,362 | | 4 Short Term Credit, Net | 6,467 | 13,900 | 2,021 | -1,026 | -1,784 | | 5 Banking Capital of which : | -16,616 | 16,190 | 7,433 | -5,315 | -16,642 | | NRI Deposits, Net | -12,367 | 9,676 | 10,387 | 8,627 | 7,903 | | 6 Rupee Debt Service | -99 | -75 | -31 | -69 | -57 | | 7 Other Capital, Net$ | 7,559 | 6,213 | 1,057 | 18,462 | -1,151 | | 8 Total Capital Account | 36,447 | 91,390 | 54,403 | 83,180 | 50,854 | | C. Errors & Omissions | -480 | 902 | -486 | 974 | 693 | | D. Overall Balance [A(5)+B(8)+C] | 21,550 | 43,574 | -3,339 | 59,498 | 83,897 | | E. Monetary Movements (F+G) | -21,550 | -43,574 | 3,339 | -59,498 | -83,897 | | F. IMF, Net | 0 | 0 | 0 | 0 | 0 | | G. Reserves and Monetary Gold (Increase -, Decrease +) | -21,550 | -43,574 | 3,339 | -59,498 | -83,897 | | of which: SDR allocation | 0 | 0 | 0 | 0 | 0 | | Memo: As a ratio to GDP | | | | | | | 1 Trade Balance | -4.9 | -6.0 | -6.7 | -5.5 | -3.2 | | 2 Net Services | 3.0 | 2.9 | 3.0 | 3.0 | 3.4 | | 3 Net Income | -1.1 | -1.1 | -1.1 | -1.0 | -1.4 | | 4 Current Account Balance | -0.6 | -1.8 | -2.1 | -0.9 | 1.7 | | 5 Capital Account, Net | 1.6 | 3.4 | 2.0 | 2.9 | 2.7 | | 6 Foreign Investment, Net | 1.9 | 2.0 | 1.1 | 1.5 | 3.7 | * : Data in Column 6 are provisional and pertains to April-December 2020.
$ : 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. | |