Preliminary data on India's balance of payments (BoP) for May 2026 are presented in the following table. | Major Items of India's Balance of Payments | | (US$ billion) | | Item | May 2025 PR | May 2026 P | April-May 2025 PR | April-May 2026 P | | A. Current Account (Net) [A.1 to A.4] | 0.7 | -2.0 | -4.1 | 2.8 | | A.1 Merchandise (Net) [a-b] | -22.6 | -27.9 | -49.7 | -55.9 | | a. Exports | 38.7 | 46.1 | 77.4 | 90.7 | | b. Imports | 61.3 | 74.0 | 127.1 | 146.5 | | A.2 Services (Net) [a-b] | 15.8 | 15.7 | 31.7 | 34.3 | | a. Exports | 32.5 | 33.4 | 65.3 | 70.4 | | b. Imports | 16.7 | 17.6 | 33.6 | 36.1 | | A.3 Transfers (Net) | 10.5 | 13.6 | 20.0 | 29.6 | | A.4 Income (Net) | -3.0 | -3.4 | -6.0 | -5.2 | | B. Capital Account (Net) [B.1 to B.6] | 3.7 | -2.4 | 9.0 | -13.8 | | B.1 Foreign Direct Investment (Net) [a-b] | 0.9 | -0.1 | 2.5 | 6.5 | | a. In India (Net) | 3.6 | 2.4 | 8.6 | 13.8 | | b. Abroad (Net) | 2.7 | 2.4 | 6.1 | 7.3 | | B.2 Foreign Portfolio Investment (Net) [a-b] | 1.3 | -4.7 | -0.8 | -12.0 | | a. In India (Net) | 1.6 | -4.5 | -0.2 | -11.3 | | b. Abroad (Net) | 0.3 | 0.3 | 0.6 | 0.7 | | B.3 External Commercial Borrowings (Net) [a-b] | 2.4 | 0.1 | 4.1 | 0.8 | | a. To India (Net) | 1.5 | 2.1 | 3.0 | 2.3 | | b. By India (Net) | -0.9 | 1.9 | -1.2 | 1.6 | | B.4 Short-term Credit to India (Net) | -0.4 | 3.2 | -0.4 | 3.9 | | B.5 Banking Capital (Net) | -1.6 | -1.1 | 1.6 | -4.7 | | of which: NRI Deposits (Net) | 1.1 | 0.6 | 1.9 | 1.3 | | B.6 Other Capital (Net) | 1.2 | 0.2 | 1.9 | -8.2 | | C. Overall Balance (A+B) | 4.4 | -4.4 | 5.0 | -11.0 | | D. Monetary Movements [Increase - / Decrease +] | -4.4 | 4.4 | -5.0 | 11.0 | | PR: Partially Revised; and P: Preliminary. | Note: 1. Errors and omissions are included under 'Other Capital'.
2. Total of sub-components may not tally with aggregate due to rounding off. | (Brij Raj)
Chief General Manager Press Release: 2026-2027/681 | |