India current account


India current account: 5700 (-165.52%)
Last Update: March 31, 2024

India current account closed down 5700 as of March 31, 2024 from -8700 from the previous month and -8134.78 from last year.


India current account Analytics & Data




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India current account

DateValues
2024-03-31 5700
2023-12-31 -8700
2023-09-30 -11398.24
2023-06-30 -9098.18
2023-03-31 -1336.2
2022-12-31 -16816.62
2022-09-30 -30885.24
2022-06-30 -17945.46
2022-03-31 -13403.62
2021-12-31 -22156.27
2021-09-30 -9712.07
2021-06-30 6391.51
2021-03-31 -8134.78
2020-12-31 -2212.23
2020-09-30 15274.87
2020-06-30 19800
2020-03-31 584.38
2019-12-31 -2604.62
2019-09-30 -7553.33
2019-06-30 -14976.55
2019-03-31 -4628.37
2018-12-31 -17737.55
2018-09-30 -19032.69
2018-06-30 -15781.77

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India current account Statistics


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlopePercentileUpdate
current accountin.currentaccount5700.0-8700-166-170UPUP122024-03-31

India current account Factors

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India current account Historical Data

The MacroVar database offers free access to historical data for the India current account, 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 data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the India current account

India's current account refers to the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends), and net transfer payments (such as foreign aid and remittances) for a specific period of time. A positive current account balance indicates that a country is exporting more goods and services than it is importing, while a negative balance indicates the opposite. India's current account has been a topic of interest in recent years, as the country has experienced fluctuations in its trade balance and foreign exchange reserves. This has led to discussions about the impact of India's current account on its overall economic stability and growth prospects.