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Table 1 : Components of Current Account of Balance of
Payments |
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|
Year |
Current
Account |
Merchandise |
Invisibles |
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|
|
|
|
|
|
|
Receipts |
Payments |
Net |
Receipts |
Payments |
Net |
Receipts |
Payments |
Net |
|
|
|
|
|
|
|
US $
million |
|
|
|
|
|
|
|
1989-90 |
24453 |
31294 |
-6841 |
16955 |
24411 |
-7456 |
7498 |
6883 |
615 |
|
8 |
|
|
|
|
|
1990-91 |
25941 |
35621 |
-9680 |
18477 |
27915 |
-9438 |
7464 |
7706 |
-242 |
|
3 |
|
|
|
|
|
1991-92 |
27768 |
28946 |
-1178 |
18266 |
21064 |
-2798 |
9502 |
7882 |
1620 |
|
56 |
|
|
|
|
|
1992-93 |
28203 |
31729 |
-3526 |
18869 |
24316 |
-5447 |
9334 |
7413 |
1921 |
|
35 |
|
|
|
|
|
1993-94 |
34002 |
35161 |
-1159 |
22683 |
26739 |
-4056 |
11319 |
8422 |
2897 |
|
71 |
|
|
|
|
|
1994-95 |
42409 |
45778 |
-3369 |
26855 |
35904 |
-9049 |
15554 |
9874 |
5680 |
|
63 |
|
|
|
|
|
1995-96 |
49974 |
55887 |
-5913 |
32310 |
43670 |
-11360 |
17664 |
12217 |
5447 |
|
48 |
|
|
|
|
|
1996-97 |
55538 |
60157 |
-4619 |
34133 |
48948 |
-14815 |
21405 |
11209 |
10196 |
|
69 |
|
|
|
|
|
Av.8th plan |
42025 |
45742 |
-3717 |
26970 |
35915 |
-8945 |
15055 |
9827 |
5228 |
|
58 |
|
|
|
|
|
1997-98 |
58924 |
64423 |
-5499 |
35680 |
51187 |
-15507 |
23244 |
13236 |
10008 |
|
65 |
|
|
|
|
|
1998-99 |
60068 |
64106 |
-4038 |
34298 |
47544 |
-13246 |
25770 |
16562 |
9208 |
|
70 |
|
|
|
|
|
1999-00 |
67854 |
72552 |
-4698 |
37542 |
55383 |
-17841 |
30312 |
17169 |
13143 |
|
74 |
|
|
|
|
|
2000-01 |
77719 |
80385 |
-2666 |
45452 |
57912 |
-12460 |
32267 |
22473 |
9794 |
|
79 |
|
|
|
|
|
2001-02 |
81440 |
78040 |
3400 |
44703 |
56277 |
-11574 |
36737 |
21763 |
14974 |
|
129 |
|
|
|
|
|
Av.9th plan |
69201 |
71901 |
-2700 |
39535 |
53661 |
-14126 |
29666 |
18241 |
11425 |
|
81 |
|
|
|
|
|
2002-03 |
95699 |
89354 |
6345 |
53774 |
64464 |
-10690 |
41925 |
24890 |
17035 |
|
159 |
|
|
|
|
|
2003-04 |
119793 |
105710 |
14083 |
66285 |
80003 |
-13718 |
53508 |
25707 |
27801 |
|
203 |
|
|
|
|
|
2004-05 |
154739 |
157209 |
-2470 |
85206 |
118908 |
-33702 |
69533 |
38301 |
31232 |
|
93 |
|
|
|
|
|
2005-06 |
194839 |
204741 |
-9902 |
105152 |
157056 |
-51904 |
89687 |
47685 |
42002 |
|
81 |
|
|
|
|
|
2006-07 |
243157 |
252923 |
-9766 |
128083 |
191254 |
-63171 |
115074 |
61669 |
53405 |
|
85 |
|
|
|
|
|
Av.10thplan |
161645 |
161987 |
-342 |
87700 |
122337 |
-34637 |
73945 |
39650 |
34295 |
|
99 |
|
|
|
|
|
Growth in percentages |
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|
|
|
|
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|
1990-91 |
6.1 |
13.8 |
|
9.0 |
14.4 |
|
-0.5 |
12.0 |
|
|
|
|
|
|
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|
1991-92 |
7.0 |
-18.7 |
|
-1.1 |
-24.5 |
|
27.3 |
2.3 |
|
|
|
|
|
|
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|
1992-93 |
1.6 |
9.6 |
|
3.3 |
15.4 |
|
-1.8 |
-6.0 |
|
|
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|
|
|
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|
1993-94 |
20.6 |
10.8 |
|
20.2 |
10.0 |
|
21.3 |
13.6 |
|
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|
1994-95 |
24.7 |
30.2 |
|
18.4 |
34.3 |
|
37.4 |
17.2 |
|
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|
1995-96 |
17.9 |
22.1 |
|
20.3 |
21.6 |
|
13.6 |
23.7 |
|
|
|
|
|
|
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|
1996-97 |
11.1 |
7.6 |
|
5.6 |
12.1 |
|
21.1 |
-8.3 |
|
|
|
|
|
|
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|
Av.8th plan |
15.2 |
16.1 |
|
13.6 |
18.7 |
|
18.3 |
8.1 |
|
|
|
|
|
|
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|
1997-98 |
6.1 |
7.1 |
|
4.5 |
4.6 |
|
8.6 |
18.1 |
|
|
|
|
|
|
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|
1998-99 |
1.9 |
-0.5 |
|
-3.9 |
-7.1 |
|
10.9 |
25.1 |
|
|
|
|
|
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|
1999-00 |
13.0 |
13.2 |
|
9.5 |
16.5 |
|
17.6 |
3.7 |
|
|
|
|
|
|
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|
2000-01 |
14.5 |
10.8 |
|
21.1 |
4.6 |
|
6.4 |
30.9 |
|
|
|
|
|
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|
2001-02 |
4.8 |
-2.9 |
|
-1.6 |
-2.8 |
|
13.9 |
-3.2 |
|
|
|
|
|
|
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|
Av.9th plan |
8.1 |
5.5 |
|
5.9 |
3.1 |
|
11.5 |
14.9 |
|
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|
2002-03 |
17.5 |
14.5 |
|
20.3 |
14.5 |
|
14.1 |
14.4 |
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2003-04 |
25.2 |
18.3 |
|
23.3 |
24.1 |
|
27.6 |
3.3 |
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|
2004-05 |
29.2 |
48.7 |
|
28.5 |
48.6 |
|
29.9 |
49.0 |
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2005-06 |
25.9 |
30.2 |
|
23.4 |
32.1 |
|
29.0 |
24.5 |
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2006-07 |
24.8 |
23.5 |
|
21.8 |
21.8 |
|
28.3 |
29.3 |
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|
Av.10th plan |
24.5 |
27.1 |
|
23.5 |
28.2 |
|
25.8 |
24.1 |
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|
Share |
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|
1989-90 |
100.0 |
100.0 |
100.0 |
69.3 |
78.0 |
109.0 |
30.7 |
22.0 |
-9.0 |
|
|
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|
1990-91 |
100.0 |
100.0 |
100.0 |
71.2 |
78.4 |
97.5 |
28.8 |
21.6 |
2.5 |
|
|
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|
1991-92 |
100.0 |
100.0 |
100.0 |
65.8 |
72.8 |
237.5 |
34.2 |
27.2 |
-137.5 |
|
|
|
|
|
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|
1992-93 |
100.0 |
100.0 |
100.0 |
66.9 |
76.6 |
154.5 |
33.1 |
23.4 |
-54.5 |
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|
1993-94 |
100.0 |
100.0 |
100.0 |
66.7 |
76.0 |
350.0 |
33.3 |
24.0 |
-250.0 |
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1994-95 |
100.0 |
100.0 |
100.0 |
63.3 |
78.4 |
268.6 |
36.7 |
21.6 |
-168.6 |
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1995-96 |
100.0 |
100.0 |
100.0 |
64.7 |
78.1 |
192.1 |
35.3 |
21.9 |
-92.1 |
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1996-97 |
100.0 |
100.0 |
100.0 |
61.5 |
81.4 |
320.7 |
38.5 |
18.6 |
-220.7 |
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Av.8th plan |
100.0 |
100.0 |
100.0 |
64.2 |
78.5 |
240.6 |
35.8 |
21.5 |
-140.6 |
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1997-98 |
100.0 |
100.0 |
100.0 |
60.6 |
79.5 |
282.0 |
39.4 |
20.5 |
-182.0 |
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1998-99 |
100.0 |
100.0 |
100.0 |
57.1 |
74.2 |
328.0 |
42.9 |
25.8 |
-228.0 |
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1999-00 |
100.0 |
100.0 |
100.0 |
55.3 |
76.3 |
379.8 |
44.7 |
23.7 |
-279.8 |
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2000-01 |
100.0 |
100.0 |
100.0 |
58.5 |
72.0 |
467.4 |
41.5 |
28.0 |
-367.4 |
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2001-02 |
100.0 |
100.0 |
100.0 |
54.9 |
72.1 |
-340.4 |
45.1 |
27.9 |
440.4 |
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|
Av.9th plan |
100.0 |
100.0 |
100.0 |
57.1 |
74.6 |
523.1 |
42.9 |
25.4 |
-423.1 |
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2002-03 |
100.0 |
100.0 |
100.0 |
56.2 |
72.1 |
-168.5 |
43.8 |
27.9 |
268.5 |
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2003-04 |
100.0 |
100.0 |
100.0 |
55.3 |
75.7 |
-97.4 |
44.7 |
24.3 |
197.4 |
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2004-05 |
100.0 |
100.0 |
100.0 |
55.1 |
75.6 |
1364.5 |
44.9 |
24.4 |
-1264.5 |
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2005-06 |
100.0 |
100.0 |
100.0 |
54.0 |
76.7 |
524.2 |
46.0 |
23.3 |
-424.2 |
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2006-07 |
100.0 |
100.0 |
100.0 |
52.7 |
75.6 |
646.8 |
47.3 |
24.4 |
-546.8 |
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Av.10th plan |
100.0 |
100.0 |
100.0 |
54.3 |
75.5 |
10127.8 |
45.7 |
24.5 |
-10027.8 |
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Note: Figures in brackets are percentages to
total |
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Plan growth is average of five annual year growth |
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Source: RBI(2008), Invisible in India's
Balance of Payments, RBI Bullettin, February
and relevant previous issues |
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