43. India's Overall Balance of Payments in Dollars - ఆర్బిఐ - Reserve Bank of India
43. India's Overall Balance of Payments in Dollars
(US $ million) |
||||||||||||||||
Items |
2004-05 P |
2003-04 PR |
2002-03 R |
2001-02 R |
||||||||||||
Credit |
Debit |
Net |
Credit |
Debit |
Net |
Credit |
Debit |
Net |
Credit |
Debit |
Net |
|||||
1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
10 |
11 |
12 |
13 |
||||
A. |
CURRENT ACCOUNT |
|||||||||||||||
I. |
MERCHANDISE |
80831 |
118961 |
-38130 |
64723 |
80177 |
-15454 |
53774 |
64464 |
-10690 |
44703 |
56277 |
-11574 |
|||
II. |
INVISIBLES (a+b+c) |
77500 |
45801 |
31699 |
52982 |
26967 |
26015 |
41925 |
24890 |
17035 |
36737 |
21763 |
14974 |
|||
a) |
Services |
51326 |
36696 |
14630 |
24949 |
18358 |
6591 |
20763 |
17120 |
3643 |
17140 |
13816 |
3324 |
|||
i) |
Travel |
5029 |
5526 |
-497 |
4122 |
3511 |
611 |
3312 |
3341 |
-29 |
3137 |
3014 |
123 |
|||
ii) |
Transportation |
5048 |
4539 |
509 |
3260 |
2331 |
929 |
2536 |
3272 |
-736 |
2161 |
3467 |
-1306 |
|||
iii) |
Insurance |
1016 |
722 |
294 |
420 |
363 |
57 |
369 |
350 |
19 |
288 |
280 |
8 |
|||
iv) |
G.n.i.e. |
403 |
261 |
142 |
282 |
212 |
70 |
293 |
228 |
65 |
518 |
283 |
235 |
|||
v) |
Miscellaneous |
39830 |
25648 |
14182 |
16865 |
11941 |
4924 |
14253 |
9929 |
4324 |
11036 |
6772 |
4264 |
|||
of which : Software Services |
17300 |
674 |
16626 |
12200 |
450 |
11750 |
9600 |
737 |
8863 |
7556 |
672 |
6884 |
||||
b) |
Transfers |
21480 |
432 |
21048 |
23746 |
350 |
23396 |
17640 |
802 |
16838 |
16218 |
362 |
15856 |
|||
i) |
Official |
621 |
32 |
589 |
563 |
— |
563 |
451 |
— |
451 |
458 |
— |
458 |
|||
ii) |
Private |
20859 |
400 |
20459 |
23183 |
350 |
22833 |
17189 |
802 |
16387 |
15760 |
362 |
15398 |
|||
c) |
Income |
4694 |
8673 |
-3979 |
4287 |
8259 |
-3972 |
3522 |
6968 |
-3446 |
3379 |
7585 |
-4206 |
|||
i) |
Investment Income |
4557 |
7405 |
-2848 |
4132 |
7423 |
-3291 |
3405 |
6949 |
-3544 |
3254 |
7098 |
-3844 |
|||
ii) |
Compensation of Employees |
137 |
1268 |
-1131 |
155 |
836 |
-681 |
117 |
19 |
98 |
125 |
487 |
-362 |
|||
Total Current Account (I+II) |
158331 |
164762 |
-6431 |
117705 |
107144 |
10561 |
95699 |
89354 |
6345 |
81440 |
78040 |
3400 |
||||
B. |
CAPITAL ACCOUNT |
|||||||||||||||
1. |
Foreign Investment (a+b) |
46150 |
34206 |
11944 |
33105 |
18329 |
14776 |
14001 |
9840 |
4161 |
15488 |
8802 |
6686 |
|||
a) |
Foreign Direct Investment (i+ii) |
5614 |
2577 |
3037 |
4887 |
1467 |
3420 |
5168 |
1951 |
3217 |
6229 |
1495 |
4734 |
|||
i) |
In India |
5536 |
10 |
5526 |
4676 |
2 |
4674 |
5095 |
59 |
5036 |
6130 |
5 |
6125 |
|||
Equity |
3363 |
10 |
3353 |
2389 |
2 |
2387 |
2825 |
59 |
2766 |
4096 |
5 |
4091 |
||||
Reinvested Earnings |
1816 |
— |
1816 |
1800 |
— |
1800 |
1832 |
— |
1832 |
1644 |
— |
1644 |
||||
Other Capital |
357 |
— |
357 |
487 |
— |
487 |
438 |
— |
438 |
390 |
— |
390 |
||||
ii) |
Abroad |
78 |
2567 |
-2489 |
211 |
1465 |
-1254 |
73 |
1892 |
-1819 |
99 |
1490 |
-1391 |
|||
Equity |
78 |
1486 |
-1408 |
211 |
493 |
-282 |
73 |
684 |
-611 |
99 |
669 |
-570 |
||||
Reinvested Earnings |
— |
700 |
-700 |
— |
892 |
-892 |
— |
1104 |
-1104 |
— |
700 |
-700 |
||||
Other Capital |
— |
381 |
-381 |
— |
80 |
-80 |
— |
104 |
-104 |
— |
121 |
-121 |
||||
b) |
Portfolio Investment |
40536 |
31629 |
8907 |
28218 |
16862 |
11356 |
8833 |
7889 |
944 |
9259 |
7307 |
1952 |
|||
In India |
40536 |
31629 |
8907 |
28218 |
16840 |
11378 |
8833 |
7854 |
979 |
9259 |
7238 |
2021 |
||||
Abroad |
— |
— |
— |
— |
22 |
-22 |
— |
35 |
-35 |
— |
69 |
-69 |
||||
2. |
Loans (a+b+c) |
30831 |
19170 |
11661 |
21008 |
23856 |
-2848 |
11568 |
15418 |
-3850 |
11601 |
12862 |
-1261 |
|||
a) |
External Assistance |
3808 |
1886 |
1922 |
3341 |
6083 |
-2742 |
2878 |
6006 |
-3128 |
3352 |
2235 |
1117 |
|||
i) |
By India |
24 |
128 |
-104 |
— |
10 |
-10 |
— |
32 |
-32 |
— |
87 |
-87 |
|||
ii) |
To India |
3784 |
1758 |
2026 |
3341 |
6073 |
-2732 |
2878 |
5974 |
-3096 |
3352 |
2148 |
1204 |
|||
b) |
Commercial Borrowings (MT & LT) |
9629 |
3682 |
5947 |
6577 |
8103 |
-1526 |
3514 |
5206 |
-1692 |
2687 |
4272 |
-1585 |
|||
i) |
By India |
1266 |
232 |
1034 |
3 |
— |
3 |
9 |
— |
9 |
3 |
— |
3 |
|||
ii) |
To India |
8363 |
3450 |
4913 |
6574 |
8103 |
-1529 |
3505 |
5206 |
-1701 |
2684 |
4272 |
-1588 |
|||
c) |
Short Term To India |
17394 |
13602 |
3792 |
11090 |
9670 |
1420 |
5176 |
4206 |
970 |
5562 |
6355 |
-793 |
|||
3. |
Banking Capital (a+b) |
24306 |
20304 |
4002 |
19470 |
13239 |
6231 |
18958 |
8533 |
10425 |
13870 |
11006 |
2864 |
|||
a) |
Commercial Banks |
24029 |
19922 |
4107 |
19135 |
12436 |
6699 |
18422 |
8287 |
10135 |
13385 |
10725 |
2660 |
|||
i) |
Assets |
10871 |
8252 |
2619 |
2007 |
1797 |
210 |
6089 |
976 |
5113 |
1267 |
1711 |
-444 |
|||
ii) |
Liabilities |
13158 |
11670 |
1488 |
17128 |
10639 |
6489 |
12333 |
7311 |
5022 |
12118 |
9014 |
3104 |
|||
of which: Non-Resident Deposits |
9769 |
10836 |
-1067 |
14281 |
10639 |
3642 |
10214 |
7236 |
2978 |
11435 |
8681 |
2754 |
||||
b) |
Others |
277 |
382 |
-105 |
335 |
803 |
-468 |
536 |
246 |
290 |
485 |
281 |
204 |
|||
4. |
Rupee Debt Service |
— |
417 |
-417 |
— |
376 |
-376 |
— |
474 |
-474 |
— |
519 |
-519 |
|||
5. |
Other |
Capital |
9147 |
4162 |
4985 |
5030 |
2271 |
2759 |
1841 |
1263 |
578 |
2298 |
1517 |
781 |
||
Total Capital Account (1 to 5) |
110434 |
78259 |
32175 |
78613 |
58071 |
20542 |
46368 |
35528 |
10840 |
43257 |
34706 |
8551 |
||||
C. |
Errors & Omissions |
415 |
— |
415 |
318 |
— |
318 |
— |
200 |
-200 |
— |
194 |
-194 |
|||
D. |
Overall Balance |
269180 |
243021 |
26159 |
196636 |
165215 |
31421 |
142067 |
125082 |
16985 |
124697 |
112940 |
11757 |
|||
(Total Capital Account, |
||||||||||||||||
Current Account and |
||||||||||||||||
Errors & Omissions (A+B+C)) |
||||||||||||||||
E. |
Monetary Movements (i+ii) |
— |
26159 |
-26159 |
— |
31421 |
-31421 |
— |
16985 |
-16985 |
— |
11757 |
-11757 |
|||
i) |
I.M.F. |
— |
— |
— |
— |
— |
— |
— |
— |
— |
— |
— |
— |
|||
ii) |
Foreign Exchange Reserves |
|||||||||||||||
(Increase - / Decrease +) |
— |
26159 |
-26159 |
— |
31421 |
-31421 |
— |
16985 |
-16985 |
— |
11757 |
-11757 |
||||
PR: Partially Revised. P : Preliminary. R : Revised Also see ‘Notes on Tables’. |
(US $ million) |
||||||||||||||||
Items |
Apr.-Jun. 2004 PR |
Jul.-Sep. 2004 PR |
Oct.-Dec. 2004 PR |
Jan.-Mar. 2005 P |
||||||||||||
Credit |
Debit |
Net |
Credit |
Debit |
Net |
Credit |
Debit |
Net |
Credit |
Debit |
Net |
|||||
1 |
14 |
15 |
16 |
17 |
18 |
19 |
20 |
21 |
22 |
23 |
24 |
25 |
||||
A. |
CURRENT ACCOUNT |
|||||||||||||||
I. |
MERCHANDISE |
17840 |
23014 |
-5174 |
18875 |
28514 |
-9639 |
20888 |
32673 |
-11785 |
23228 |
34760 |
-11532 |
|||
II. |
INVISIBLES (a+b+c) |
18209 |
9645 |
8564 |
15721 |
10583 |
5138 |
18665 |
12361 |
6304 |
24903 |
13212 |
11691 |
|||
a) |
Services |
11045 |
7796 |
3249 |
9938 |
7928 |
2010 |
12721 |
10076 |
2645 |
17622 |
10896 |
6726 |
|||
i) |
Travel |
861 |
1196 |
-335 |
1063 |
1347 |
-284 |
1531 |
1521 |
10 |
1574 |
1462 |
112 |
|||
ii) |
Transportation |
1339 |
954 |
385 |
1063 |
1067 |
-4 |
1283 |
1198 |
85 |
1363 |
1320 |
43 |
|||
iii) |
Insurance |
312 |
300 |
12 |
192 |
135 |
57 |
308 |
197 |
111 |
204 |
90 |
114 |
|||
iv) |
G.n.i.e. |
161 |
66 |
95 |
68 |
58 |
10 |
113 |
73 |
40 |
61 |
64 |
-3 |
|||
v) |
Miscellaneous |
8372 |
5280 |
3092 |
7552 |
5321 |
2231 |
9486 |
7087 |
2399 |
14420 |
7960 |
6460 |
|||
of which : Software Services |
3857 |
125 |
3732 |
4007 |
125 |
3882 |
4416 |
233 |
4183 |
5020 |
191 |
4829 |
||||
b) |
Transfers |
6049 |
90 |
5959 |
4592 |
111 |
4481 |
4701 |
109 |
4592 |
6138 |
122 |
6016 |
|||
i) |
Official |
86 |
7 |
79 |
180 |
2 |
178 |
130 |
14 |
116 |
225 |
9 |
216 |
|||
ii) |
Private |
5963 |
83 |
5880 |
4412 |
109 |
4303 |
4571 |
95 |
4476 |
5913 |
113 |
5800 |
|||
c) |
Income |
1115 |
1759 |
-644 |
1191 |
2544 |
-1353 |
1243 |
2176 |
-933 |
1145 |
2194 |
-1049 |
|||
i) |
Investment Income |
1078 |
1498 |
-420 |
1169 |
2266 |
-1097 |
1219 |
1813 |
-594 |
1091 |
1828 |
-737 |
|||
ii) |
Compensation of Employees |
37 |
261 |
-224 |
22 |
278 |
-256 |
24 |
363 |
-339 |
54 |
366 |
-312 |
|||
Total Current Account (I+II) |
36049 |
32659 |
3390 |
34596 |
39097 |
-4501 |
39553 |
45034 |
-5481 |
48131 |
47972 |
159 |
||||
B. |
CAPITAL ACCOUNT |
|||||||||||||||
1. |
Foreign Investment (a+b) |
9335 |
8537 |
798 |
9062 |
7594 |
1468 |
13197 |
7918 |
5279 |
14556 |
10157 |
4399 |
|||
a) |
Foreign Direct Investment (i+ii) |
1363 |
646 |
717 |
1677 |
639 |
1038 |
1265 |
575 |
690 |
1309 |
717 |
592 |
|||
i) |
In India |
1362 |
3 |
1359 |
1634 |
7 |
1627 |
1244 |
— |
1244 |
1296 |
— |
1296 |
|||
Equity |
842 |
3 |
839 |
1084 |
7 |
1077 |
744 |
— |
744 |
693 |
— |
693 |
||||
Reinvested Earnings |
454 |
— |
454 |
454 |
— |
454 |
454 |
— |
454 |
454 |
— |
454 |
||||
Other Capital |
66 |
— |
66 |
96 |
— |
96 |
46 |
— |
46 |
149 |
— |
149 |
||||
ii) |
Abroad |
1 |
643 |
-642 |
43 |
632 |
-589 |
21 |
575 |
-554 |
13 |
717 |
-704 |
|||
Equity |
1 |
394 |
-393 |
43 |
370 |
-327 |
21 |
315 |
-294 |
13 |
407 |
-394 |
||||
Reinvested Earnings |
— |
175 |
-175 |
— |
175 |
-175 |
— |
175 |
-175 |
— |
175 |
-175 |
||||
Other Capital |
— |
74 |
-74 |
— |
87 |
-87 |
— |
85 |
-85 |
— |
135 |
-135 |
||||
b) |
Portfolio Investment |
7972 |
7891 |
81 |
7385 |
6955 |
430 |
11932 |
7343 |
4589 |
13247 |
9440 |
3807 |
|||
In India |
7972 |
7891 |
81 |
7385 |
6955 |
430 |
11932 |
7343 |
4589 |
13247 |
9440 |
3807 |
||||
Abroad |
— |
— |
— |
— |
— |
— |
— |
— |
— |
— |
— |
— |
||||
2. |
Loans (a+b+c) |
6717 |
3831 |
2886 |
6393 |
5038 |
1355 |
8357 |
5162 |
3195 |
9364 |
5139 |
4225 |
|||
a) |
External Assistance |
512 |
476 |
36 |
729 |
420 |
309 |
800 |
473 |
327 |
1767 |
517 |
1250 |
|||
i) |
By India |
6 |
32 |
-26 |
6 |
32 |
-26 |
6 |
32 |
-26 |
6 |
32 |
-26 |
|||
ii) |
To India |
506 |
444 |
62 |
723 |
388 |
335 |
794 |
441 |
353 |
1761 |
485 |
1276 |
|||
b) |
Commercial Borrowings (MT & LT) |
2038 |
963 |
1075 |
2139 |
1281 |
858 |
2508 |
640 |
1868 |
2944 |
798 |
2146 |
|||
i) |
By India |
168 |
35 |
133 |
258 |
48 |
210 |
452 |
49 |
403 |
388 |
100 |
288 |
|||
ii) |
To India |
1870 |
928 |
942 |
1881 |
1233 |
648 |
2056 |
591 |
1465 |
2556 |
698 |
1858 |
|||
c) |
Short Term To India |
4167 |
2392 |
1775 |
3525 |
3337 |
188 |
5049 |
4049 |
1000 |
4653 |
3824 |
829 |
|||
3. |
Banking Capital (a+b) |
6089 |
4336 |
1753 |
5226 |
5476 |
-250 |
6301 |
6723 |
-422 |
6690 |
3769 |
2921 |
|||
a) |
Commercial Banks |
5839 |
4163 |
1676 |
5226 |
5448 |
-222 |
6299 |
6657 |
-358 |
6665 |
3654 |
3011 |
|||
i) |
Assets |
2273 |
907 |
1366 |
2383 |
2320 |
63 |
3198 |
3543 |
-345 |
3017 |
1482 |
1535 |
|||
ii) |
Liabilities |
3566 |
3256 |
310 |
2843 |
3128 |
-285 |
3101 |
3114 |
-13 |
3648 |
2172 |
1476 |
|||
of which: Non-Resident Deposits |
2173 |
2959 |
-786 |
2421 |
2967 |
-546 |
2779 |
2755 |
24 |
2396 |
2155 |
241 |
||||
b) |
Others |
250 |
173 |
77 |
— |
28 |
-28 |
2 |
66 |
-64 |
25 |
115 |
-90 |
|||
4. |
Rupee Debt Service |
— |
277 |
-277 |
— |
2 |
-2 |
— |
18 |
-18 |
— |
120 |
-120 |
|||
5. |
Other |
Capital |
1257 |
1951 |
-694 |
1577 |
479 |
1098 |
4029 |
375 |
3654 |
2284 |
1357 |
927 |
||
Total Capital Account (1 to 5) |
23398 |
18932 |
4466 |
22258 |
18589 |
3669 |
31884 |
20196 |
11688 |
32894 |
20542 |
12352 |
||||
C. |
Errors & Omissions |
— |
286 |
-286 |
198 |
— |
198 |
387 |
— |
387 |
118 |
— |
118 |
|||
D. |
Overall Balance |
59447 |
51877 |
7570 |
57052 |
57686 |
-634 |
71824 |
65230 |
6594 |
81143 |
68514 |
12629 |
|||
(Total Capital Account, |
||||||||||||||||
Current Account and |
||||||||||||||||
Errors & Omissions (A+B+C)) |
||||||||||||||||
E. |
Monetary Movements (i+ii) |
— |
7570 |
-7570 |
634 |
— |
634 |
— |
6594 |
-6594 |
— |
12629 |
-12629 |
|||
i) |
I.M.F. |
— |
— |
— |
— |
— |
— |
— |
— |
— |
— |
— |
— |
|||
ii) |
Foreign Exchange Reserves |
|||||||||||||||
(Increase - / Decrease +) |
— |
7570 |
-7570 |
634 |
— |
634 |
— |
6594 |
-6594 |
— |
12629 |
-12629 |