(₹ Crore) |
Item/Year | 2015-16 | 2016-17 | 2017-18 |
Credit | Debit | Net | Credit | Debit | Net | Credit | Debit | Net |
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
A. Current account | | | | | | | | | |
1. Merchandise | 1743289 | 2592820 | -849531 | 1878943 | 2633395 | -754452 | 1991436 | 3023163 | -1031727 |
2. Invisibles (a+b+c) | 1538693 | 832924 | 705769 | 1623552 | 966016 | 657536 | 1826720 | 1109119 | 717601 |
a) Services | 1010446 | 554617 | 455828 | 1101366 | 642916 | 458450 | 1257472 | 757503 | 499968 |
i) Travel | 139542 | 96756 | 42786 | 155929 | 110318 | 45611 | 182768 | 125778 | 56990 |
ii) Transportation | 91660 | 98618 | -6958 | 106312 | 94773 | 11539 | 112418 | 113488 | -1071 |
iii) Insurance | 13113 | 7530 | 5583 | 14795 | 10033 | 4761 | 16154 | 10957 | 5197 |
iv) G.n.i.e. | 3788 | 5677 | -1890 | 3946 | 4021 | -75 | 4280 | 5119 | -839 |
v) Miscellaneous | 762343 | 346035 | 416308 | 820384 | 423771 | 396613 | 941852 | 502162 | 439690 |
of which: Software services | 485464 | 17683 | 467781 | 498700 | 24062 | 474638 | 498402 | 33125 | 465277 |
Business services | 189693 | 203860 | -14167 | 220981 | 216754 | 4227 | 240722 | 236096 | 4626 |
Financial services | 32271 | 20487 | 11784 | 34193 | 39262 | -5069 | 33271 | 35691 | -2420 |
Communication services | 14230 | 6592 | 7639 | 15928 | 6106 | 9822 | 13516 | 6149 | 7366 |
b) Transfers | 431923 | 22203 | 409720 | 412918 | 37432 | 375486 | 447670 | 45224 | 402445 |
i) Official | 2851 | 6213 | -3363 | 1798 | 5750 | -3952 | 2103 | 5397 | -3295 |
ii) Private | 429072 | 15989 | 413083 | 411120 | 31682 | 379438 | 445567 | 39827 | 405740 |
c) Income | 96324 | 256104 | -159779 | 109268 | 285668 | -176400 | 121579 | 306391 | -184813 |
i) Investment income | 72770 | 241448 | -168678 | 82857 | 268614 | -185757 | 92848 | 291572 | -198724 |
ii) Compensation of employees | 23555 | 14656 | 8899 | 26411 | 17054 | 9357 | 28731 | 14819 | 13911 |
Total Current account (1+2) | 3281982 | 3425744 | -143762 | 3502495 | 3599411 | -96916 | 3818156 | 4132282 | -314126 |
B. Capital account | | | | | | | | | |
1. Foreign investment (a+b) | 1807152 | 1598573 | 208579 | 2082318 | 1792924 | 289394 | 2317650 | 1979966 | 337684 |
a) Foreign direct investment (i+ii) | 392422 | 156640 | 235782 | 474811 | 235898 | 238913 | 415421 | 220369 | 195052 |
i) In India | 364146 | 69888 | 294258 | 404057 | 120765 | 283292 | 392944 | 138968 | 253977 |
Equity | 269660 | 69058 | 200602 | 299982 | 116159 | 183822 | 293352 | 137559 | 155793 |
Reinvested earnings | 68343 | 0 | 68343 | 82787 | 0 | 82787 | 80840 | 0 | 80840 |
Other capital | 26143 | 830 | 25313 | 21289 | 4606 | 16683 | 18753 | 1409 | 17344 |
ii) Abroad | 28276 | 86752 | -58476 | 70753 | 115133 | -44379 | 22477 | 81402 | -58925 |
Equity | 28276 | 42750 | -14474 | 70753 | 65675 | 5079 | 22477 | 33866 | -11389 |
Reinvested earnings | 0 | 21847 | -21847 | 0 | 19621 | -19621 | 0 | 18387 | -18387 |
Other capital | 0 | 22154 | -22154 | 0 | 29836 | -29836 | 0 | 29149 | -29149 |
b) Portfolio investment | 1414730 | 1441933 | -27203 | 1607507 | 1557026 | 50482 | 1902228 | 1759597 | 142632 |
i) In India | 1409176 | 1432998 | -23822 | 1592617 | 1541095 | 51522 | 1892201 | 1749253 | 142948 |
of which: FIIs | 1406792 | 1432998 | -26207 | 1592617 | 1541095 | 51522 | 1892201 | 1749253 | 142948 |
GDRs/ADRs | 2385 | 0 | 2385 | 0 | 0 | 0 | 0 | 0 | 0 |
ii) Abroad | 5553 | 8935 | -3381 | 14890 | 15931 | -1040 | 10027 | 10344 | -317 |
2. Loans (a+b+c) | 788403 | 818170 | -29767 | 808529 | 792490 | 16038 | 948250 | 840828 | 107422 |
a) External assistance | 40244 | 30229 | 10015 | 43561 | 30056 | 13505 | 49750 | 30773 | 18977 |
i) By India | 383 | 3399 | -3016 | 388 | 1548 | -1160 | 355 | 801 | -446 |
ii) To India | 39861 | 26830 | 13031 | 43173 | 28508 | 14665 | 49395 | 29972 | 19423 |
b) Commercial borrowings | 158572 | 188746 | -30174 | 151522 | 192454 | -40932 | 250605 | 251766 | -1161 |
ii) By India | 21845 | 13226 | 8619 | 30395 | 20400 | 9996 | 92078 | 88110 | 3968 |
ii) To India | 136727 | 175520 | -38793 | 121127 | 172054 | -50928 | 158527 | 163655 | -5129 |
c) Short term to India | 589587 | 599194 | -9607 | 613446 | 569981 | 43465 | 647895 | 558289 | 89606 |
i) Suppliers' Credit >180 days & Buyers' Credit | 572975 | 587019 | -14044 | 601970 | 568718 | 33252 | 623670 | 558289 | 65381 |
ii) Suppliers' credit up to 180 days | 16612 | 12175 | 4437 | 11475 | 1262 | 10213 | 24225 | 0 | 24225 |
3. Banking capital (a+b) | 579805 | 514547 | 65257 | 561610 | 672787 | -111177 | 616727 | 512300 | 104427 |
a) Commercial banks | 579563 | 512774 | 66788 | 559680 | 672771 | -113091 | 614031 | 509602 | 104430 |
i) Assets | 124069 | 151264 | -27195 | 199390 | 193410 | 5980 | 164673 | 166547 | -1874 |
ii) Liabilities | 455493 | 361510 | 93983 | 360290 | 479361 | -119071 | 449359 | 343055 | 106304 |
of which: Non-resident deposits | 392155 | 287489 | 104666 | 319339 | 403003 | -83664 | 383765 | 321375 | 62390 |
b) Others | 242 | 1773 | -1531 | 1930 | 16 | 1914 | 2695 | 2698 | -3 |
4. Rupee debt service | 0 | 476 | -476 | 0 | 665 | -665 | 0 | 482 | -482 |
5. Other capital | 160653 | 137909 | 22744 | 240945 | 190199 | 50747 | 266106 | 226037 | 40069 |
Total capital account (1 to 5) | 3336013 | 3069674 | 266338 | 3693401 | 3449065 | 244337 | 4148732 | 3559613 | 589119 |
C. Errors & omissions | 2796 | 9542 | -6746 | 2550 | 5737 | -3187 | 12249 | 6426 | 5823 |
D. Overall balance (A+B+C) | 6620790 | 6504960 | 115830 | 7198447 | 7054213 | 144234 | 7979137 | 7698321 | 280816 |
E. Monetary movements (i+ii) | 5563 | 121393 | -115830 | 8373 | 152607 | -144234 | 0 | 280816 | -280816 |
i) I.M.F. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
ii) Foreign exchange reserves (Increase- / Decrease+) | 5563 | 121393 | -115830 | 8373 | 152607 | -144234 | 0 | 280816 | -280816 |
of which: SDR Allocation | 0 | 0 | 0 | – | – | – | – | – | – |
(Continued) |
TABLE 129 : INDIA'S OVERALL BALANCE OF PAYMENTS - RUPEES (Concld.) |
(₹ Crore) |
Item/Year | 2018-19 | 2019-20 | 2020-21 |
Credit | Debit | Net | Credit | Debit | Net | Credit | Debit | Net |
1 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 |
A. Current account | | | | | | | | | |
1. Merchandise | 2358211 | 3619072 | -1260861 | 2270919 | 3385822 | -1114902 | 2193253 | 2946318 | -753065 |
2. Invisibles (a+b+c) | 2144996 | 1284363 | 860633 | 2281179 | 1338706 | 942474 | 2278625 | 1343490 | 935135 |
a) Services | 1456277 | 882494 | 573783 | 1511659 | 909278 | 602381 | 1528236 | 871336 | 656900 |
i) Travel | 199142 | 151485 | 47658 | 212684 | 155741 | 56943 | 62900 | 85360 | -22460 |
ii) Transportation | 136100 | 143689 | -7589 | 148761 | 172134 | -23373 | 162013 | 146410 | 15603 |
iii) Insurance | 18634 | 12543 | 6091 | 17238 | 12335 | 4903 | 17625 | 15246 | 2379 |
iv) G.n.i.e. | 4260 | 7795 | -3535 | 4677 | 7841 | -3164 | 4672 | 7594 | -2923 |
v) Miscellaneous | 1098141 | 566982 | 531159 | 1128298 | 561226 | 567072 | 1281026 | 616725 | 664301 |
of which: Software services | 583926 | 40585 | 543340 | 660148 | 60024 | 600124 | 741557 | 75926 | 665631 |
Business services | 273644 | 282815 | -9170 | 324150 | 332437 | -8287 | 364553 | 367352 | -2800 |
Financial services | 34019 | 24428 | 9591 | 33519 | 20803 | 12716 | 32166 | 35301 | -3135 |
Communication services | 17956 | 7918 | 10038 | 19297 | 9196 | 10101 | 20791 | 10661 | 10130 |
b) Transfers | 535951 | 46776 | 489175 | 590992 | 57786 | 533206 | 595789 | 50867 | 544922 |
i) Official | 1743 | 6308 | -4565 | 1138 | 8296 | -7158 | 1061 | 8327 | -7266 |
ii) Private | 534207 | 40468 | 493740 | 589854 | 49490 | 540364 | 594728 | 42540 | 552188 |
c) Income | 152769 | 355093 | -202324 | 178528 | 371642 | -193114 | 154600 | 421288 | -266687 |
i) Investment income | 119592 | 338456 | -218864 | 138648 | 352530 | -213882 | 110143 | 400495 | -290352 |
ii) Compensation of employees | 33177 | 16637 | 16540 | 39880 | 19112 | 20768 | 44457 | 20793 | 23664 |
Total Current account (1+2) | 4503207 | 4903435 | -400227 | 4552099 | 4724528 | -172429 | 4471878 | 4289808 | 182070 |
B. Capital account | | | | | | | | | |
1. Foreign investment (a+b) | 2249875 | 2037696 | 212179 | 2614747 | 2302532 | 312215 | 2962726 | 2370869 | 591856 |
a) Foreign direct investment (i+ii) | 453100 | 239063 | 214036 | 551647 | 246827 | 304820 | 639521 | 314139 | 325382 |
i) In India | 433069 | 131136 | 301932 | 527347 | 130392 | 396955 | 607771 | 201006 | 406765 |
Equity | 314461 | 129397 | 185064 | 366490 | 129168 | 237322 | 452767 | 200543 | 252224 |
Reinvested earnings | 95671 | 0 | 95671 | 100561 | 0 | 100561 | 125600 | 0 | 125600 |
Other capital | 22937 | 1739 | 21198 | 60296 | 1224 | 59072 | 29404 | 463 | 28941 |
ii) Abroad | 20031 | 107927 | -87896 | 24300 | 116435 | -92135 | 31750 | 113133 | -81383 |
Equity | 20031 | 50188 | -30157 | 24300 | 53771 | -29471 | 31750 | 41415 | -9665 |
Reinvested earnings | 0 | 21203 | -21203 | 0 | 22338 | -22338 | 0 | 22364 | -22364 |
Other capital | 0 | 36536 | -36536 | 0 | 40326 | -40326 | 0 | 49354 | -49354 |
b) Portfolio investment | 1796775 | 1798633 | -1857 | 2063100 | 2055705 | 7395 | 2323205 | 2056730 | 266474 |
i) In India | 1774547 | 1774552 | -5 | 2015956 | 2014755 | 1200 | 2310454 | 2024824 | 285630 |
of which: FIIs | 1761779 | 1774552 | -12773 | 2015956 | 2014755 | 1200 | 2310454 | 2024824 | 285630 |
GDRs/ADRs | 12768 | 0 | 12768 | 0 | 0 | 0 | 0 | 0 | 0 |
ii) Abroad | 22229 | 24080 | -1852 | 47144 | 40949 | 6194 | 12751 | 31907 | -19156 |
2. Loans (a+b+c) | 659143 | 545701 | 113441 | 668960 | 486712 | 182248 | 634710 | 584127 | 50583 |
a) External assistance | 60429 | 36287 | 24143 | 66039 | 39536 | 26503 | 125583 | 42578 | 83005 |
i) By India | 325 | 837 | -511 | 56 | 803 | -747 | 284 | 611 | -327 |
ii) To India | 60104 | 35450 | 24654 | 65983 | 38733 | 27250 | 125299 | 41967 | 83332 |
b) Commercial borrowings | 296867 | 222753 | 74114 | 328239 | 164791 | 163448 | 231890 | 233902 | -2012 |
ii) By India | 97579 | 93094 | 4485 | 48723 | 39538 | 9185 | 21199 | 24085 | -2886 |
ii) To India | 199288 | 129659 | 69629 | 279516 | 125253 | 154263 | 210691 | 209817 | 874 |
c) Short term to India | 301846 | 286662 | 15184 | 274682 | 282385 | -7704 | 277237 | 307647 | -30411 |
i) Suppliers' Credit >180 days & Buyers' Credit | 192250 | 286662 | -94412 | 264945 | 271324 | -6378 | 261995 | 296295 | -34299 |
ii) Suppliers' credit up to 180 days | 109596 | 0 | 109596 | 9737 | 11062 | -1325 | 15241 | 11353 | 3889 |
3. Banking capital (a+b) | 646662 | 597020 | 49642 | 601082 | 639907 | -38825 | 551356 | 706588 | -155231 |
a) Commercial banks | 639563 | 592225 | 47338 | 600265 | 634474 | -34209 | 546792 | 700765 | -153973 |
i) Assets | 158532 | 206960 | -48429 | 189723 | 222176 | -32453 | 175636 | 333005 | -157369 |
ii) Liabilities | 481032 | 385265 | 95767 | 410542 | 412298 | -1756 | 371156 | 367760 | 3396 |
of which: Non-resident deposits | 413774 | 341877 | 71897 | 394304 | 333182 | 61123 | 344627 | 289505 | 55121 |
b) Others | 7099 | 4795 | 2304 | 817 | 5433 | -4616 | 4564 | 5823 | -1259 |
4. Rupee debt service | 0 | 213 | -213 | 0 | 483 | -483 | 0 | 484 | -484 |
5. Other capital | 237182 | 228828 | 8354 | 446158 | 312730 | 133428 | 289780 | 306298 | -16518 |
Total capital account (1 to 5) | 3792862 | 3409459 | 383403 | 4330947 | 3742363 | 588584 | 4438572 | 3968366 | 470206 |
C. Errors & omissions | 4083 | 7463 | -3380 | 13260 | 6210 | 7051 | 7040 | 9636 | -2595 |
D. Overall balance (A+B+C) | 8300152 | 8320356 | -20204 | 8896306 | 8473100 | 423206 | 8917490 | 8267810 | 649681 |
E. Monetary movements (i+ii) | 120018 | 99814 | 20204 | 0 | 423206 | -423206 | 0 | 649681 | -649681 |
i) I.M.F. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
ii) Foreign exchange reserves (Increase- / Decrease+) | 120018 | 99814 | 20204 | 0 | 423206 | -423206 | 0 | 649681 | -649681 |
of which: SDR Allocation | – | – | – | – | – | – | – | – | – |
G.n.i.e.: Government not included elsewhere. Notes : 1. Data for 2020-21 are preliminary estimates. 2. Total may not tally due to rounding off. Also see Notes on Tables. |