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India Current Account Deficit Narrows To USD 5.2 Billion In August
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News18•15-10-2026, 18:30
India Current Account Deficit Narrows To USD 5.2 Billion In August
- •India's current account deficit narrowed to USD 5.2 billion in August from USD 6.1 billion a year ago, driven by a lower merchandise trade deficit and higher services surpluses.
- •Merchandise exports rose to USD 44.7 billion in August while imports increased to USD 71.3 billion, bringing the net merchandise trade deficit down to USD 26.6 billion.
- •The surplus in services trade increased to USD 16.5 billion in August compared to USD 15.6 billion in the same month last year.
- •Net foreign direct investment inflows stood at USD 3.3 billion in August, marking a recovery from a net outflow of USD 0.1 billion a year ago.
- •The overall balance of payments recorded a massive surplus of USD 45.4 billion in August, contrasting with a deficit of USD 5.6 billion in the previous year.
Key Questions Answered
India's current account deficit narrowed to USD 5.2 billion in August 2026, down from USD 6.1 billion recorded a year ago.
Merchandise exports rose to USD 44.7 billion in August 2026 from USD 35.1 billion a year ago, while imports increased to USD 71.3 billion from USD 62.7 billion.
The overall balance of payments recorded a surplus of USD 45.4 billion in August 2026, compared with a deficit of USD 5.6 billion in the same month last year.
