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