India current account to gdp

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India current account to gdp: -1.2 (-40%)
Last Update: December 31, 2023

India current account to gdp closed down -1.2 as of December 31, 2023 from -2 from the previous month and -4.3 from last year.


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India current account to gdp closing prices of the last 24 values are displayed below. Sign up free to download the full historical data series using MacroVar Web/Excel or API.

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India current account to gdp

DateValues
2023-12-31 -1.2
2022-12-31 -2
2021-12-31 -1.2
2020-12-31 0.9
2019-12-31 -0.9
2018-12-31 -2.1
2017-12-31 -1.8
2016-12-31 -0.6
2015-12-31 -1.1
2014-12-31 -1.3
2013-12-31 -1.7
2012-12-31 -4.8
2011-12-31 -4.3
2010-12-31 -2.9
2009-12-31 -2.8
2008-12-31 -2.3
2007-12-31 -1.3
2006-12-31 -1
2005-12-31 -1.2
2004-12-31 -0.3
2003-12-31 2.3
2002-12-31 1.2
2001-12-31 0.7
2000-12-31 -0.6

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India current account to gdp Statistics


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlopePercentileUpdate
current account to gdpin.currentaccountgdp-1.2-2-40-72UPUP02023-12-31

India current account to gdp Factors

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India current account to gdp Historical Data

The MacroVar database offers free access to historical data for the India current account to gdp, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of India current account to gdp data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the India current account to gdp

The current account to GDP ratio is a key economic indicator that measures a country's balance of trade with the rest of the world. In the case of India, the current account to GDP ratio has been fluctuating in recent years. In 2020, India's current account deficit widened to 1.7% of GDP, mainly due to a sharp decline in exports and a rise in imports. However, in 2021, India's current account deficit is expected to narrow due to an increase in exports and a decrease in imports. Overall, monitoring the current account to GDP ratio is important for assessing a country's external economic position and its ability to sustain economic growth.

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