No. 41 : India's Overall Balance of Payments in Dollars - આરબીઆઈ - Reserve Bank of India
No. 41 : India's Overall Balance of Payments in Dollars
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(US $ million) |
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Items |
1990-91PR |
1996-97PR |
1997-98PR |
1998-99 |
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Credit |
Debit |
Net |
Credit |
Debit |
Net |
Credit |
Debit |
Net |
Credit |
Debit |
Net |
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1 |
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2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
10 |
11 |
12 |
13 |
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A.CURRENT ACCOUNT |
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I. |
MERCHANDISE |
18477 |
27915 |
- 9438 |
34133 |
48948 |
- 14815 |
35680 |
51187 |
- 15507 |
34298 |
47544 |
- 13246 |
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II. |
INVISIBLES (a+b+c) |
7464 |
7706 |
- 242 |
21405 |
11209 |
10196 |
23244 |
13237 |
10007 |
25770 |
16562 |
9208 |
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a) |
Services |
4551 |
3571 |
980 |
7474 |
6748 |
726 |
9429 |
8110 |
1319 |
13186 |
11021 |
2165 |
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i) |
Travel |
1456 |
392 |
1064 |
2878 |
858 |
2020 |
2914 |
1437 |
1477 |
2993 |
1743 |
1250 |
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ii) |
Transportation |
983 |
1093 |
- 110 |
1953 |
2394 |
- 441 |
1836 |
2522 |
- 686 |
1925 |
2680 |
- 755 |
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iii) |
Insurance |
111 |
88 |
23 |
217 |
153 |
64 |
240 |
183 |
57 |
224 |
112 |
112 |
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iv) |
G.n.i.e. |
15 |
173 |
- 158 |
72 |
178 |
- 106 |
276 |
160 |
116 |
597 |
325 |
272 |
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v) |
Miscellaneous |
1986 |
1825 |
161 |
2354 |
3165 |
- 811 |
4163 |
3808 |
355 |
7447 |
6161 |
1286 |
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b) |
Transfers |
2545 |
15 |
2530 |
12858 |
81 |
12777 |
12254 |
45 |
12209 |
10649 |
62 |
10587 |
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vi) |
Official |
462 |
1 |
461 |
423 |
13 |
410 |
379 |
0 |
379 |
308 |
1 |
307 |
|
vii) |
Private |
2083 |
14 |
2069 |
12435 |
68 |
12367 |
11875 |
45 |
11830 |
10341 |
61 |
10280 |
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c) |
INCOME |
368 |
4120 |
- 3752 |
1073 |
4380 |
- 3307 |
1561 |
5082 |
- 3521 |
1935 |
5479 |
- 3544 |
|
i) |
Investment Income |
368 |
4120 |
- 3752 |
1073 |
4380 |
- 3307 |
1561 |
5020 |
- 3459 |
1893 |
5462 |
- 3569 |
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ii) |
Compensation to Employees |
- |
- |
- |
- |
- |
- |
- |
62 |
-62 |
42 |
17 |
25 |
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Total Current Account (I+II) |
25941 |
35621 |
- 9680 |
55538 |
60157 |
- 4619 |
58924 |
64424 |
- 5500 |
60068 |
64106 |
- 4038 |
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B. |
CAPITAL ACCOUNT |
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1. |
Foreign Investment (a+b) |
113 |
10 |
103 |
7824 |
1861 |
5963 |
9266 |
3913 |
5353 |
5892 |
3580 |
2312 |
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a) |
In India |
113 |
10 |
103 |
7816 |
1663 |
6153 |
9169 |
3779 |
5390 |
5743 |
3331 |
2412 |
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i. |
Direct |
107 |
10 |
97 |
2863 |
22 |
2841 |
3596 |
34 |
3562 |
2518 |
38 |
2480 |
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ii. |
Portfolio |
6 |
- |
6 |
4953 |
1641 |
3312 |
5573 |
3745 |
1828 |
3225 |
3293 |
- 68 |
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b) |
Abroad |
- |
- |
- |
8 |
198 |
- 190 |
97 |
134 |
- 37 |
149 |
249 |
- 100 |
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2. |
Loans (a+b+c) |
9431 |
3898 |
5533 |
17720 |
12925 |
4795 |
17301 |
12502 |
4799 |
14771 |
10353 |
4418 |
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a) |
External Assistance |
3397 |
1193 |
2204 |
3056 |
1955 |
1101 |
2885 |
2000 |
885 |
2726 |
1927 |
799 |
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i) |
By India |
- |
6 |
- 6 |
- |
8 |
- 8 |
- |
22 |
- 22 |
- |
21 |
- 21 |
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ii) |
To India |
3397 |
1187 |
2210 |
3056 |
1947 |
1109 |
2885 |
1978 |
907 |
2726 |
1906 |
820 |
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b) |
Commercial Borrowings |
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(MT & LT) |
4282 |
2028 |
2254 |
7579 |
4723 |
2856 |
7382 |
3372 |
4010 |
7231 |
2864 |
4367 |
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i) |
By India |
30 |
24 |
6 |
8 |
- |
8 |
11 |
- |
11 |
5 |
- |
5 |
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ii) |
To India |
4252 |
2004 |
2248 |
7571 |
4723 |
2848 |
7371 |
3372 |
3999 |
7226 |
2864 |
4362 |
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c) |
Short Term To India |
1752 |
677 |
1075 |
7085 |
6247 |
838 |
7034 |
7130 |
- 96 |
4814 |
5562 |
- 748 |
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3. |
Banking Capital (a+b) |
10105 |
9423 |
682 |
8018 |
5789 |
2229 |
8910 |
9803 |
- 893 |
8197 |
6717 |
1480 |
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a) |
Commercial Banks |
7959 |
7055 |
904 |
7632 |
5407 |
2225 |
8164 |
9424 |
- 1260 |
6768 |
6434 |
334 |
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i) |
Assets |
426 |
789 |
- 363 |
755 |
1625 |
- 870 |
580 |
2775 |
- 2195 |
1344 |
2741 |
- 1397 |
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ii) |
Liabilities |
186 |
455 |
- 269 |
102 |
357 |
- 255 |
52 |
242 |
- 190 |
124 |
135 |
- 11 |
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iii) |
Non-Resident Deposits |
7347 |
5811 |
1536 |
6775 |
3425 |
3350 |
7532 |
6407 |
1125 |
5300 |
3558 |
1742 |
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b) |
Others |
2146 |
2368 |
- 222 |
386 |
382 |
4 |
746 |
379 |
367 |
1429 |
283 |
1146 |
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4. |
Rupee Debt Service |
- |
1193 |
- 1193 |
- |
727 |
- 727 |
- |
767 |
- 767 |
- |
802 |
- 802 |
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5. |
Other Capital |
3117 |
1186 |
1931 |
2629 |
2883 |
- 254 |
3815 |
2463 |
1352 |
3958 |
2801 |
1157 |
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Total Capital Account (1 to 5) |
22766 |
15710 |
7056 |
36191 |
24185 |
12006 |
39292 |
29448 |
9844 |
32818 |
24253 |
8565 |
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C. |
Errors & Omissions |
132 |
- |
132 |
- |
594 |
- 594 |
167 |
- |
167 |
- |
305 |
- 305 |
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D. |
Overall Balance |
48839 |
51331 |
- 2492 |
91729 |
84936 |
6793 |
98383 |
93872 |
4511 |
92886 |
88664 |
4222 |
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(Total Capital Account, |
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Current Account and |
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Errors & Omissions (A+B+C) |
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E. |
Monetary Movements (i+ii) |
3136 |
644 |
2492 |
- |
6793 |
- 6793 |
- |
4511 |
- 4511 |
- |
4222 |
- 4222 |
|
i) |
I.M.F. |
1858 |
644 |
1214 |
- |
975 |
- 975 |
- |
618 |
- 618 |
- |
393 |
- 393 |
|
iii) |
Foreign Exchange Reserves |
1278 |
- |
1278 |
- |
5818 |
- 5818 |
- |
3893 |
- 3893 |
- |
3829 |
- 3829 |
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(Increase - / Decrease +) |
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(US $ million) |
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Items |
Jul.-Sep.1998 PR |
Oct-Dec. 1998 PR |
Jan-Mar.1999 |
Apr.-Jun. 1999 |
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|
|
Credit |
Debit |
Net |
Credit |
Debit |
Net |
Credit |
Debit |
Net |
Credit |
Debit |
Net |
|
|
14 |
15 |
16 |
17 |
18 |
19 |
20 |
21 |
22 |
23 |
24 |
25 |
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A. |
CURRENT ACCOUNT |
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I. |
MERCHANDISE |
8748 |
12120 |
- 3372 |
8236 |
11665 |
- 3429 |
9547 |
11216 |
- 1669 |
8148 |
12282 |
-4134 |
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II. |
INVISIBLES (a+b+c) |
6358 |
3992 |
2366 |
6001 |
3777 |
2224 |
7143 |
5168 |
1975 |
5964 |
4253 |
1711 |
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a) |
Services |
3239 |
2641 |
598 |
3019 |
2262 |
757 |
3889 |
3554 |
335 |
2697 |
2975 |
-278 |
|
i) |
Travel |
634 |
468 |
166 |
821 |
373 |
448 |
867 |
404 |
463 |
671 |
556 |
115 |
|
ii) |
Transportation |
497 |
612 |
- 115 |
369 |
723 |
- 354 |
612 |
604 |
8 |
361 |
522 |
- 161 |
|
iii) |
Insurance |
54 |
35 |
19 |
50 |
20 |
30 |
62 |
30 |
32 |
47 |
27 |
20 |
|
iv) |
G.n.i.e. |
224 |
80 |
144 |
191 |
72 |
119 |
82 |
26 |
56 |
154 |
7 |
147 |
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v) |
Miscellaneous |
1830 |
1446 |
384 |
1588 |
1074 |
514 |
2266 |
2490 |
- 224 |
1464 |
1863 |
- 399 |
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b) |
Transfers |
2698 |
18 |
2680 |
2525 |
16 |
2509 |
2739 |
9 |
2730 |
2808 |
8 |
2800 |
|
vi) |
Official |
71 |
- |
71 |
102 |
- |
102 |
92 |
1 |
91 |
57 |
- |
57 |
|
vii) |
Private |
2627 |
18 |
2609 |
2423 |
16 |
2407 |
2647 |
8 |
2639 |
2751 |
8 |
2743 |
|
c) |
Income |
421 |
1333 |
- 912 |
457 |
1499 |
- 1042 |
515 |
1605 |
- 1090 |
459 |
1270 |
- 811 |
|
i) |
Investment Income |
412 |
1330 |
- 918 |
439 |
1494 |
- 1055 |
500 |
1600 |
- 1100 |
442 |
1267 |
- 825 |
|
ii) |
Compensation of employees |
9 |
3 |
6 |
18 |
5 |
13 |
15 |
5 |
10 |
17 |
3 |
14 |
|
Total Current Account (I+II) |
15106 |
16112 |
- 1006 |
14237 |
15442 |
- 1205 |
16690 |
16384 |
306 |
14112 |
16535 |
- 2423 |
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B. |
CAPITAL ACCOUNT |
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1. |
Foreign Investment |
1344 |
983 |
361 |
1470 |
1285 |
185 |
1804 |
545 |
1259 |
2004 |
664 |
1340 |
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(a+b) |
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a) |
In India |
1334 |
908 |
426 |
1469 |
1253 |
216 |
1781 |
492 |
1289 |
1996 |
645 |
1351 |
|
i. |
Direct |
544 |
1 |
543 |
373 |
8 |
365 |
693 |
25 |
668 |
454 |
2 |
452 |
|
ii. |
Portfolio |
790 |
907 |
- 117 |
1096 |
1245 |
- 149 |
1088 |
467 |
621 |
1542 |
643 |
899 |
|
b) |
Abroad |
10 |
75 |
- 65 |
1 |
32 |
- 31 |
23 |
53 |
- 30 |
8 |
19 |
- 11 |
|
2. |
Loans (a+b+c) |
6955 |
3224 |
3731 |
2273 |
2082 |
191 |
2761 |
1834 |
927 |
2628 |
2487 |
- 141 |
|
a) |
External Assistance |
501 |
511 |
- 10 |
854 |
562 |
292 |
953 |
385 |
568 |
440 |
459 |
- 19 |
|
i) |
By India |
- |
6 |
- 6 |
- |
4 |
- 4 |
- |
2 |
- 2 |
- |
2 |
- 2 |
|
ii) |
To India |
501 |
505 |
-4 |
854 |
558 |
296 |
953 |
383 |
570 |
440 |
457 |
- 17 |
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b) |
Commercial Borrowings |
5073 |
877 |
4196 |
455 |
593 |
- 138 |
949 |
772 |
177 |
627 |
631 |
- 4 |
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(MT & LT) |
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i) |
By India |
- |
- |
- |
5 |
- |
5 |
- |
- |
- |
6 |
- |
6 |
|
ii) |
To India |
5073 |
877 |
4196 |
450 |
593 |
- 143 |
949 |
772 |
177 |
621 |
631 |
- 10 |
|
c) |
Short Term To India |
1381 |
1836 |
- 455 |
964 |
927 |
37 |
859 |
677 |
182 |
1561 |
1397 |
164 |
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3. |
Banking Capital (a+b) |
1380 |
1666 |
- 286 |
1773 |
1305 |
468 |
3357 |
1546 |
1811 |
3107 |
1853 |
1254 |
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a) |
Commercial Banks |
1365 |
1514 |
- 149 |
1768 |
1253 |
515 |
2288 |
1468 |
820 |
2714 |
1849 |
865 |
|
i) |
Assets |
644 |
400 |
244 |
448 |
709 |
- 261 |
247 |
331 |
- 84 |
708 |
404 |
304 |
|
ii) |
Liabilities |
56 |
14 |
42 |
21 |
10 |
11 |
43 |
70 |
- 27 |
14 |
64 |
- 50 |
|
iii) |
Non-Resident Deposits |
665 |
1100 |
- 435 |
1299 |
534 |
765 |
1998 |
1067 |
931 |
1992 |
1381 |
611 |
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b) |
Others |
15 |
152 |
- 137 |
5 |
52 |
- 47 |
1069 |
78 |
991 |
393 |
4 |
389 |
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4. |
Rupee Debt Service |
- |
3 |
- 3 |
- |
58 |
- 58 |
- |
156 |
- 156 |
- |
518 |
- 518 |
|
5. |
Other Capital |
532 |
815 |
- 283 |
1247 |
212 |
1035 |
718 |
1607 |
- 889 |
1442 |
543 |
899 |
|
Total Capital Account |
10211 |
6691 |
3520 |
6763 |
4942 |
1821 |
8640 |
5688 |
2952 |
9181 |
6065 |
3116 |
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(1to 5) |
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C. |
Errors & Omissions |
- |
639 |
- 639 |
211 |
- |
211 |
20 |
- |
20 |
765 |
- |
765 |
|
D. |
Overall Balance |
25317 |
23442 |
1875 |
21211 |
20384 |
827 |
25350 |
22072 |
3278 |
24058 |
22600 |
1458 |
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(Total Capital Account, |
||||||||||||||
Current Account and |
||||||||||||||
Errors & Omissions (A+B+C) |
||||||||||||||
E. |
Monetary Movements |
- |
1875 |
- 1875 |
- |
827 |
- 827 |
- |
3278 |
- 3278 |
- |
1458 |
- 1458 |
|
(i+ii) |
||||||||||||||
i) |
I.M.F. |
- |
97 |
- 97 |
- |
91 |
- 91 |
- |
103 |
- 103 |
- |
78 |
- 78 |
|
ii) |
Foreign Exchange Reserves |
- |
1778 |
- 1778 |
- |
736 |
- 736 |
- |
3175 |
- 3175 |
- |
1380 |
- 1380 |
|
|
|
(Increase - / Decrease +) |
|
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PR : Partialy Revised. |