India - External balance on goods and services (% of GDP)
External balance on goods and services (% of GDP) in India was -0.545 as of 2020. Its highest value over the past 60 years was 0.572 in 1976, while its lowest value was -6.725 in 2012.
Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services).
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1960 | -2.371 |
| 1961 | -1.654 |
| 1962 | -1.863 |
| 1963 | -1.626 |
| 1964 | -1.959 |
| 1965 | -1.904 |
| 1966 | -2.529 |
| 1967 | -1.912 |
| 1968 | -0.904 |
| 1969 | -0.317 |
| 1970 | -0.096 |
| 1971 | -0.335 |
| 1972 | 0.319 |
| 1973 | -0.515 |
| 1974 | -1.189 |
| 1975 | -1.000 |
| 1976 | 0.572 |
| 1977 | 0.118 |
| 1978 | -0.273 |
| 1979 | -1.420 |
| 1980 | -3.105 |
| 1981 | -2.635 |
| 1982 | -2.159 |
| 1983 | -2.015 |
| 1984 | -1.443 |
| 1985 | -2.391 |
| 1986 | -1.827 |
| 1987 | -1.376 |
| 1988 | -1.420 |
| 1989 | -1.136 |
| 1990 | -1.400 |
| 1991 | 0.001 |
| 1992 | -0.747 |
| 1993 | 0.017 |
| 1994 | -0.302 |
| 1995 | -1.180 |
| 1996 | -1.159 |
| 1997 | -1.238 |
| 1998 | -1.663 |
| 1999 | -1.911 |
| 2000 | -0.906 |
| 2001 | -0.876 |
| 2002 | -0.980 |
| 2003 | -0.697 |
| 2004 | -1.786 |
| 2005 | -2.791 |
| 2006 | -3.189 |
| 2007 | -4.087 |
| 2008 | -5.174 |
| 2009 | -5.472 |
| 2010 | -4.453 |
| 2011 | -6.543 |
| 2012 | -6.725 |
| 2013 | -2.982 |
| 2014 | -2.986 |
| 2015 | -2.297 |
| 2016 | -1.766 |
| 2017 | -3.159 |
| 2018 | -3.716 |
| 2019 | -2.528 |
| 2020 | -0.545 |
Aggregation method: Weighted average
Periodicity: Annual
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
