๐๐ป๐ฑ๐ถ๐ฎ ๐ฃ๐ผ๐๐๐ $๐ณ.๐ญ ๐๐ถ๐น๐น๐ถ๐ผ๐ป ๐๐๐ฟ๐ฟ๐ฒ๐ป๐ ๐๐ฐ๐ฐ๐ผ๐๐ป๐ ๐ฆ๐๐ฟ๐ฝ๐น๐๐ ๐ถ๐ป ๐ค๐ฐ ๐๐ฌ๐ฎ๐ฒ
India recorded a current account surplus of $7.1 billion in the fourth quarter of fiscal year 2026. The surplus equals 0.7% of GDP. The Reserve Bank of India released this data on Monday.
The surplus fell from $13.7 billion in the same quarter of fiscal year 2025. The prior surplus was 1.4% of GDP.
For the full year 2025-26, India posted a current account deficit of $25.2 billion. This equals 0.6% of GDP. In fiscal year 2025, the deficit was $22.9 billion. This also equaled 0.6% of GDP.
Key figures from the RBI report include:
- Net services receipts rose to $60.4 billion in the fourth quarter of 2025-26. They were $53.3 billion one year earlier.
- Services exports grew across major segments. Growth included computer services and other business services.
- The merchandise trade deficit grew to $83.4 billion in the fourth quarter of fiscal year 2026. It was $59.3 billion in the year-ago period.
- Strong services exports offset the wider trade gap. India kept a current account surplus in the January-March quarter.