Table (b): India's Overall Balance of Payments: Annual
(US $ million)
Item 2013-14P 2012-13P 2011-12P 2010-11P 2009-10R 2008-09R 2007-08(R) 2006-07   2005-06     2004-05     2003-04     2002-03      2001-02      2000-01      1999-00       1998-99      1997-98     1996-97     1995-96     1994-95     1993-94     1992-93     1991-92     1990-91  
  Credit Debt Net Credit Debt Net Credit Debt Net Credit Debt Net Credit Debt Net Credit Debt Net Credit Debt Net Credit Debt Net Credit Debt Net Credit Debt Net Credit Debt Net Credit Debt Net Credit Debt Net Credit Debt Net Credit Debt Net Credit Debt Net Credit Debt Net Credit Debt Net Credit Debt Net Credit Debt Net Credit Debt Net Credit Debt Net Credit Debt Net Credit Debt Net
A. Current Account
     1. Merchandise 318607 466216 -147609 306581 502237 -195656 309774 499533 -189759 250468 381061 -130593 182442 300644 -118202 189001 308521 -119520 166162 257629 -91467 128888 190670 -61782 105152 157056 -51904 85206 118908 -33702 66285 80003 -13718 53774 64464 -10690 44703 56277 -11574 45452 57912 -12460 37542 55383 -17841 34298 47544 -13246 35680 51187 -15507 34133 48948 -14815 32311 43670 -11359 26855 35904 -9049 22683 26739 -4056 18869 24316 -5447 18266 21064 -2798 18477 27915 -9438
     2. Invisibles 233232 118020 115212 224044 116551 107493 219229 107625 111604 198248 113600 84648 163430 83408 80022 167818 76214 91604 148875 73145 75730 114558 62341 52217 89687 47685 42002 69533 38301 31232 53508 25707 27801 41925 24890 17035 36737 21763 14974 32267 22473 9794 30312 17169 13143 25770 16562 9208 23244 13237 10007 21405 11209 10196 17676 12216 5460 15554 9874 5680 11319 8421 2898 9334 7413 1921 9502 7882 1620 7464 7706 -242
         a. Services 151475 78511 72964 145678 80763 64915 142325 78227 64099 132880 84064 48816 96045 60029 36016 105963 52047 49631 90342 51490 38852 73780 44311 29469 57659 34489 23170 43249 27823 15426 26868 16724 10144 20763 17120 3643 17140 13816 3324 16268 14576 1692 15709 11645 4064 13186 11021 2165 9429 8110 1319 7474 6748 726 7342 7542 -186 6135 5533 602 5264 4729 535 4730 3601 1129 5022 3815 1207 4551 3571 980
              a1. Travel 17922 11810 6112 17999 11823 6176 18462 13762 4700 15275 11108 4167 11859 9343 2516 10894 9425 1469 11349 9258 2091 9123 6684 2439 7853 6638 1215 6666 5249 1417 5037 3602 1435 3312 3341 -29 3137 3014 123 3497 2804 693 3036 2139 897 2993 1743 1250 2914 1437 1477 2878 858 2020 2711 1167 1544 2365 818 1547 2222 497 1725 2098 385 1713 1977 465 1512 1456 392 1064
              a2. Transportation 17380 14792 2588 17334 14806 2528 18241 16382 1859 14271 13880 391 11178 11933 -755 11310 12820 -1510 10014 11514 -1500 7974 8068 -94 6325 8337 -2012 4683 4539 144 3207 2328 879 2536 3272 -736 2161 3467 -1306 2046 3558 -1512 1707 2410 -703 1925 2680 -755 1836 2522 -686 1953 2394 -441 2010 2169 -159 1696 1863 -167 1433 1765 -332 982 1485 -503 939 1289 -350 983 1093 -110
              a3. Insurance 2121 1116 1005 2227 1409 818 2632 1497 1135 1948 1400 548 1591 1285 306 1422 1130 292 1639 1044 595 1195 642 553 1062 1116 -54 870 722 148 419 363 56 369 350 19 288 280 8 270 223 47 231 122 109 224 112 112 240 183 57 217 153 64 178 142 36 152 181 -29 124 195 -71 158 146 12 108 126 -18 111 88 23
              a4. G.n.i.e. 488 979 -491 574 813 -239 478 780 -302 535 820 -285 441 525 -84 389 793 -404 331 376 -45 253 403 -150 314 529 -215 401 411 -10 240 212 28 293 228 65 518 283 235 651 319 332 582 270 312 597 325 272 276 160 116 72 178 -106 13 218 -205 10 165 -155 30 153 -123 75 100 -25 17 119 -102 15 173 -158
              a5. Miscellaneous 113564 49814 63750 107544 51912 55632 102513 45806 56707 100851 56856 43995 70977 36944 34033 81948 27878 54070 67010 29298 37712 55235 28514 26721 42105 17869 24236 30629 16902 13727 17965 10219 7746 14253 9929 4324 11036 6772 4264 9804 7672 2132 10153 6704 3449 7447 6161 1286 4163 3808 355 2354 3165 -811 2430 3846 -1416 1912 2506 -594 1455 2119 -664 1417 1485 -68 1981 1816 165 1986 1825 161
                    of which : Software Services 69439 2481 66958 65867 2363 63504 62212 1256 60956 55460 2194 53266 49705 1468 48237 46300 2564 43736 40300 3358 36942 31300 2267 29033 23600 1338 22262 17700 800 16900 12800 476 12324 9600 737 8863 7556 672 6884 6341 591 5750 0
                                   Business Services 28482 27189 1293 28447 30349 -1902 25910 26788 -878 24050 27765 -3715 11321 18049 -6728 18603 15317 3286 16772 16553 219 14544 15866 -1322 9307 7748 1559
                                   Financial Services 6650 5814 836 4949 4633 316 5967 7984 -2017 6508 7483 -975 3693 4642 -949 4428 2958 1470 3217 3133 84 3106 2991 115 1209 965 244
                                   Communication Services 2410 1063 1347 1686 741 945 1600 1557 43 1562 1152 410 1228 1355 -127 2298 1087 1211 2408 860 1548 2262 796 1466 1575 289 1286
         b. Transfers 70405 5129 65276 68090 4057 64034 66761 3267 63494 56265 3125 53140 54363 2318 52045 47547 2749 44798 44261 2316 41945 31470 1391 30079 25620 933 24687 21691 906 20785 22736 574 22162 17640 802 16838 16218 362 15856 13317 211 13106 12672 34 12638 10649 62 10587 12254 45 12209 12858 81 12777 8890 39 8851 8533 24 8509 5660 27 5633 4228 13 4215 4259 16 4243 2545 15 2530
              b1. Official 767 972 -205 463 772 -309 632 607 25 647 631 16 727 473 254 645 413 232 753 514 239 635 381 254 669 475 194 616 356 260 554 0 554 451 0 451 458 0 458 252 0 252 382 0 382 308 1 307 379 0 379 423 13 410 351 6 345 421 5 416 373 5 368 364 1 363 461 1 460 462 1 461
              b2. Private 69638 4157 65481 67627 3285 64342 66129 2660 63469 55618 2494 53124 53636 1845 51791 46903 2336 44567 43508 1802 41706 30835 1010 29825 24951 458 24493 21075 550 20525 22182 574 21608 17189 802 16387 15760 362 15398 13065 211 12854 12290 34 12256 10341 61 10280 11875 45 11830 12435 68 12367 8540 33 8507 8112 19 8093 5287 22 5265 3864 12 3852 3798 15 3783 2083 14 2069
          c. Income 11352 34380 -23028 10276 31731 -21455 10144 26131 -15987 9102 26412 -17310 13022 21061 -8039 14308 21418 -7110 14272 19339 -5067 9308 16639 -7331 6408 12263 -5855 4593 9572 -4979 3904 8409 -4505 3522 6968 -3446 3379 7585 -4206 2682 7686 -5004 1931 5490 -3559 1935 5479 -3544 1561 5082 -3521 1073 4380 -3307 1429 4634 -3205 886 4317 -3431 395 3665 -3270 376 3799 -3423 221 4051 -3830 368 4120 -3752
              c1. Investment income 8062 31583 -23521 7202 29572 -22370 7676 24141 -16465 7986 24384 -16398 12108 19355 -7247 13483 20109 -6626 13811 18244 -4433 8926 15688 -6762 6229 11491 -5262 4124 8219 -4095 3774 7531 -3757 3405 6949 -3544 3254 7098 -3844 2554 7218 -4664 1783 5478 -3695 1893 5462 -3569 1561 5020 -3459 1073 4380 -3307 1429 4633 -3204 886 4317 -3431 395 3665 -3270 376 3799 -3423 221 4051 -3830 368 4120 -3752
              c2. Compensation 3290 2797 493 3074 2159 914 2468 1991 477 1116 2028 -912 915 1705 -790 825 1309 -484 461 1095 -634 382 951 -569 179 772 -593 469 1353 -884 130 878 -748 117 19 98 125 487 -362 128 468 -340 148 12 136 42 17 25 0 62 -62
                       to employees
Total Current Account (1+2) 551839 584236 -32397 530625 618788 -88163 529003 607158 -78155 448716 494661 -45945 345872 384052 -38180 356819 384735 -27916 315037 330774 -15737 243446 253011 -9565 194839 204741 -9902 154739 157209 -2470 119793 105710 14083 95699 89354 6345 81440 78040 3400 77719 80385 -2666 67854 72552 -4698 60068 64106 -4038 58924 64424 -5500 55538 60157 -4619 49987 55886 -5899 42409 45778 -3369 34002 35160 -1158 28203 31729 -3526 27768 28946 -1178 25941 35621 -9680
B. Capital Account
     1. Foreign Investment (a+b) 246765 220380 26385 215027 168316 46711 234618 195387 39231 289416 249763 39653 198653 148291 50362 167593 161808 5785 271121 227795 43326 133210 118457 14753 77298 61770 15528 46934 33934 13000 32682 18938 13744 14001 9840 4161 15488 8802 6686 17720 11858 5862 12240 7123 5117 5892 3580 2312 9266 3913 5353 7824 1861 5963 5632 1028 4604 5763 956 4807 4611 376 4235 589 32 557 151 18 133 113 10 103
         a. In India 238379 202588 35791 208060 153337 54723 231299 180937 50362 286077 228722 57355 197643 132158 65485 166348 142531 23817 268408 206410 61998 132360 102617 29743 77082 55687 21395 46899 31601 15298 32540 16862 15678 13928 7913 6015 15389 7243 8146 17650 10859 6791 12121 6930 5191 5743 3331 2412 9169 3779 5390 7816 1663 6153 5618 824 4794 5753 831 4922 4611 376 4235 589 32 557 151 18 133 113 10 103
              a1. Direct 36047 5284 30763 34298 7345 26953 46552 13599 32952 32902 7018 25884 37746 4637 33109 37837 166 37671 34844 116 34728 22826 87 22739 8962 61 8901 6052 65 5987 4322 0 4322 5095 59 5036 6130 5 6125 4031 0 4031 2170 3 2167 2518 38 2480 3596 34 3562 2863 22 2841 2162 29 2133 1351 8 1343 651 65 586 345 30 315 147 18 129 107 10 97
              a2. Portfolio 202332 197304 5028 173762 145992 27770 184747 167338 17409 253175 221704 31471 159897 127521 32376 128511 142365 -13854 233564 206294 27270 109534 102530 7004 68120 55626 12494 40847 31536 9311 28218 16862 11356 8833 7854 979 9259 7238 2021 13619 10859 2760 9951 6927 3024 3225 3293 -68 5573 3745 1828 4953 1641 3312 3456 795 2661 4402 823 3579 3960 311 3649 244 2 242 4 0 4 6 0 6
         b. Abroad 8386 17792 -9406 6967 14979 -8012 3319 14450 -11131 3339 21042 -17703 1010 16133 -15123 1245 19277 -18032 2713 21385 -18672 850 15840 -14990 216 6083 -5867 35 2333 -2298 142 2076 -1934 73 1927 -1854 99 1559 -1460 70 999 -929 119 193 -74 149 249 -100 97 134 -37 8 198 -190 14 204 -190 10 125 -115 0 0 0 0 0 0 0 0 0 0 0 0
     2. Loans (a+b+c) 134836 127071 7765 155085 123961 31124 140991 121684 19307 107726 79289 28437 74163 61716 12447 62126 53902 8224 82191 41539 40652 54642 30152 24490 39479 31570 7909 30287 19378 10909 19667 24031 -4364 11568 15418 -3850 11601 12862 -1261 23806 18542 5264 13060 11459 1601 14771 10353 4418 17301 12502 4799 17720 12925 4795 11332 9131 2201 10930 7895 3035 9971 8159 1812 8671 8260 411 9416 5437 3979 9431 3898 5533
         a. External Assistance 4659 3627 1032 4735 3752 982 5646 3350 2296 7882 2941 4941 5897 3007 2890 5232 2791 2441 4240 2126 2114 3767 1992 1775 3631 1929 1702 3809 1886 1923 3350 6208 -2858 2878 6006 -3128 3352 2235 1117 2941 2531 410 3074 2183 891 2726 1927 799 2885 2000 885 3056 1955 1101 2933 2066 867 3193 1675 1518 3476 1580 1896 3302 1446 1856 4366 1335 3031 3397 1193 2204
              a1. By India 45 244 -199 52 338 -286 70 226 -157 76 102 -26 51 422 -371 72 416 -344 23 28 -5 20 32 -12 24 88 -64 24 128 -104 24 128 -104 0 32 -32 0 87 -87 0 17 -17 0 10 -10 0 21 -21 0 22 -22 0 8 -8 0 16 -16 2 10 -8 0 5 -5 0 3 -3 0 6 -6 0 6 -6
              a2. To India 4614 3383 1231 4683 3415 1268 5576 3124 2452 7806 2840 4966 5846 2585 3261 5160 2375 2785 4217 2098 2119 3747 1960 1787 3607 1841 1766 3785 1758 2027 3326 6080 -2754 2878 5974 -3096 3352 2148 1204 2941 2514 427 3074 2173 901 2726 1906 820 2885 1978 907 3056 1947 1109 2933 2050 883 3191 1665 1526 3476 1575 1901 3302 1443 1859 4366 1329 3037 3397 1187 2210
         b. Commercial 30060 18283 11777 27617 19132 8485 32591 22247 10344 24112 11606 12506 15002 13003 1999 15223 7361 7862 30293 7684 22609 20883 4780 16103 14343 11835 2508 9084 3890 5194 5228 8153 -2925 3514 5206 -1692 2687 4272 -1585 9621 5318 4303 3207 2874 333 4249 3125 1124 3015 2330 685 1179 1545 -366 3152 1689 1463 4282 2028 2254
                   Borrowings(MT and LT) 0 7231 2864 4367 7382 3372 4010 7579 4723 2856 4262 2977 1285
              b1. By India 1642 581 1061 2120 2217 -97 3669 2465 1204 1840 1513 327 973 1505 -532 1997 783 1214 1593 1624 -31 626 966 -340 0 251 -251 0 232 -232 3 0 3 9 0 9 3 0 3 0 5 -5 20 0 20 5  - 5 11 0 11 8 0 8 10 0 10 97 3 94 102 24 78 12 20 -8 19 12 7 30 24 6
              b2. To India 28418 17702 10716 25497 16915 8582 28922 19782 9140 22272 10094 12178 14029 11498 2531 13226 6578 6648 28700 6060 22640 20257 3814 16443 14343 11584 2759 9084 3658 5426 5225 8153 -2928 3505 5206 -1701 2684 4272 -1588 9621 5313 4308 3187 2874 313 7226 2864 4362 7371 3372 3999 7571 4723 2848 4252 2977 1275 4152 3122 1030 2913 2306 607 1167 1525 -358 3133 1677 1456 4252 2004 2248
         c. Short term (to India) 100117 105161 -5044 122734 101077 21657 102754 96087 6667 75732 64742 10990 53264 45706 7558 41765 43750 -1985 47658 31729 15929 29992 23380 6612 21505 17806 3699 17394 13602 3792 11089 9670 1419 5176 4206 970 5562 6355 -793 11244 10693 551 6779 6402 377 4814 5562 -748 7034 7130 -96 7085 6247 838 4137 4088 49 3488 3095 393 3480 4249 -769 4190 5269 -1079 1898 2413 -515 1752 677 1075
     3. Banking Capital (a+b) 108050 82601 25449 83727 67157 16570 89903 73678 16225 92323 87361 4962 61499 59416 2083 65206 68453 -3247 55814 44055 11759 37209 35296 1913 21658 20285 1373 14581 10707 3874 19222 13189 6033 18958 8533 10425 13870 11006 2864 9744 11705 -1961 10659 8532 2127 8897 8199 698 8910 9803 -893 8018 5789 2229 6453 5691 762 7020 7354 -334 11500 9237 2263 11998 8172 3826 10958 10394 564 10105 9423 682
         a. Commercial Banks 107556 82601 24955 83086 66985 16101 89477 73429 16048 90621 86189 4432 60893 58966 1927 65093 67867 -2774 55735 43623 12112 36799 35218 1581 20586 20144 442 14304 10325 3979 18887 12386 6501 18422 8287 10135 13385 10725 2660 9423 11305 -1882 10259 7955 2304 7468 7916 -448 8164 9424 -1260 7632 5407 2225 6172 5235 937 6449 7075 -626 10614 8956 1658 10653 7723 2930 9065 8929 136 7959 7055 904
              a1. Assets 14601 21224 -6623 12033 13382 -1349 13635 14228 -593 35369 38666 -3297 17097 15259 1838 25823 28725 -2902 19562 12668 6894 14466 17960 -3494 772 3947 -3175 505 552 -47 950 161 789 6089 976 5113 1267 1711 -444 206 4380 -4174 2653 1863 790 1344 2741 -1397 580 2775 -2195 755 1625 -870 867 1251 -384 241 1203 -962 276 1120 -844 1234 161 1073 1335 1107 228 426 789 -363
              a2. Liabilities 92955 61377 31578 71052 53603 17450 75842 59201 16641 55252 47523 7729 43796 43707 89 39270 39142 128 36173 30955 5218 22333 17258 5075 19814 16197 3617 13799 9773 4026 17937 12225 5712 12333 7311 5022 12118 9014 3104 9217 6925 2292 7606 6092 1514 6124 5175 949 7584 6649 935 6877 3782 3095 5305 3984 1321 6208 5872 336 10338 7836 2502 9419 7562 1857 7730 7822 -92 7533 6266 1267
              of which: Non-resident deposits 87750 48858 38892 65309 50466 14842 64287 52370 11917 49252 46014 3238 41355 38433 2922 37147 32858 4289 29400 29222 178 19914 15593 4321 17835 15046 2789 8071 9035 -964 14281 10639 3642 10214 7236 2978 11435 8681 2754 8988 6672 2316 7405 5865 1540 6000 5040 960 7532 6407 1125 6775 3425 3350 4929 3826 1103 5805 5633 172 8850 7645 1205 9188 7187 2001 7695 7405 290 7347 5811 1536
         b. Others 494 0 494 641 172 469 426 249 177 1702 1172 530 606 449 157 113 585 -472 79 432 -353 410 78 332 1072 141 931 277 382 -105 335 803 -468 536 246 290 485 281 204 321 400 -79 400 577 -177 1429 283 1146 746 379 367 386 382 4 281 456 -175 571 279 292 886 281 605 1345 449 896 1893 1465 428 2146 2368 -222
     4. Rupee Debt Service 0 52 -52 0 58 -58 0 79 -79 0 68 -68 0 97 -97 0 100 -100 0 122 -122 0 162 -162 0 572 -572 0 417 -417 0 376 -376 0 474 -474 0 519 -519 0 617 -617 0 711 -711 0 802 -802 0 767 -767 0 727 -727 0 952 -952 0 983 -983 0 1053 -1053 0 878 -878 0 1240 -1240 0 1193 -1193
     5. Other Capital 22171 32932 -10761 17861 22908 -5047 13296 20224 -10994 9890 20885 -10994 11451 24613 -13162 18612 22602 -1545 29229 18261 10969 8230 4021 4209 5941 4709 1232 6737 6081 656 4314 2615 1699 1841 1263 578 2298 1517 781 2856 2564 292 4572 2262 2310 4610 2801 1809 3815 2463 1352 2629 2883 -254 748 3285 -2537 2201 224 1977 2873 1235 1638 1359 1399 -40 2809 2335 474 3117 1186 1931
Total Capital Account (1 to 5) 511822 463036 48786 471701 382401 89300 478808 411052 67755 499355 437366 61989 345766 294132 51634 313632 306864 6768 438357 331772 106585 233291 188088 45203 144376 118906 25470 98539 70517 28022 75885 59149 16736 46368 35528 10840 43257 34706 8551 54126 45286 8840 40531 30087 10444 34170 25735 8435 39292 29448 9844 36191 24185 11881 24165 20087 4078 25914 17412 8502 28955 20060 8895 22617 18741 3876 23334 19424 3910 22766 15710 7056
C. Errors and Omissions 887 1769 -882 2689 0 2689 0 2432 -2432 0 2993 -2993 0 12 -12 1067 0 1067 1316 0 1316 968 0 968 0 516 -516 607 0 607 602 0 602 0 200 -200 0 194 -194 0 305 -305 656 0 656 0 175 -175 167 0 167 0 594 -594 600 0 600 654 0 654 800 0 800 0 940 -940 0 133 -133 132 0 132
D. Overall Balance (A+B+C) 1064548 1049041 15507 1005015 1001189 3826 1007811 1020643 -12831 948071 935021 13051 691638 678197 13441 671519 691599 -20080 754710 662546 92164 477705 441099 36606 339215 324163 15052 253885 227726 26159 196280 164859 31421 142067 125082 16985 124697 112940 11757 131845 125976 5869 109041 102639 6402 94238 90016 4222 98383 93872 4511 91729 84936 6793 74752 75973 -1221 68977 63190 5787 63757 55220 8537 50820 51410 -590 51102 48503 2599 48839 51331 -2492
E. Monetary Movements (1+2) 10701 26209 -15508 158 3984 -3826 12831 0 12831 0 13050 -13050 0 13441 -13441 20080 0 20080 0 92164 -92164 0 36606 -36606 0 15052 -15052 0 26159 -26159 0 31421 -31421 0 16985 -16985 0 11757 -11757 1448 7316 -5868 0 6402 -6402 0 4222 -4222 0 4511 -4511 0 6793 -6793 2936 1715 1221 0 5787 -5787 321 8858 -8537 1623 1033 590 1245 3844 -2599 3136 644 2492
     1. I.M.F 0 0 0 0 0 0 0 0 0 0 13050 -13050 0 13441 -13441 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 26 -26 0 260 -260 0 393 -393 0 618 -618 0 975 -975 0 1715 -1715 0 1143 -1143 321 134 187 1623 335 1288 1245 459 786 1858 644 1214
     2. Foreign Exchange Reserves 10701 26209 -15508 158 3984 -3826 12831 0 12831 0 0 0 0 20080 0 20080 0 92164 -92164 0 36606 -36606 0 15052 -15052 0 26159 -26159 0 31421 -31421 0 16985 -16985 0 11757 -11757 1448 7290 -5842 0 6142 -6142 0 3829 -3829 0 3893 -3893 0 5818 -5818 2936 0 2936 0 4644 -4644 0 8724 -8724 0 698 -698 0 3385 -3385 1278 0 1278
         Increase (-ve)/Decrease (+ve)
of which: SDR allocation             0 0 0 0 0 0 0 5160 -5160                                                                                                                  
PR: Partially Revised    P : Preliminary   R: Revised
*  Relates to acquisition of shares of Indian companies by non-residents under Section 5 of FEMA 1999. Data on such acquisition have been included as part of FDI since January 1996.
#  Represents the amount raised by Indian corporates through Global Depository Receipts (GDRs) and American Depository Receipts (ADRs).
Source:  RBI : Monthly Bulletin, Various Issues.