India Current Account - Gross Domestic Product (GDP) Ratio

Country: India, INR
Importance:
Low
Sector: Trade
Last release
Actual
-1.3%
Forecast
Previous
-1.3%
Next release
Actual
Coming in 11 days
Forecast
0.1%
Previous
-1.3%
Date (GMT)
Reference
Actual
Forecast
4 Q 2020
-0.2%
4.5%
3 Q 2020
2.4%
5.5%
2 Q 2020
3.9%
0.0%
1 Q 2020
0.1%
2.2%
4 Q 2019
-0.2%
-2.8%
3 Q 2019
0.9%
2 Q 2019
-2.0%
1 Q 2019
-0.7%
4 Q 2018
-2.5%
3 Q 2018
-2.9%
2 Q 2018
-2.4%
1 Q 2018
-1.9%
4 Q 2017
-2.0%
3 Q 2017
-1.2%
2 Q 2017
-2.4%
1 Q 2017
-0.6%
4 Q 2016
-1.4%
3 Q 2016
-0.6%
2 Q 2016
-0.1%
1 Q 2016
-0.1%

The Current Account is part of India's balance of payments, which is a systematized data on all economic transactions between residents and non-residents. The Current Account expressed as a percentage of the country's GDP enables the evaluation of the country's level of international competitiveness. In general, higher than expected readings can be seen as positive for INR. The influence can be negative if they are below expectations.