| Quarter | Financial quarter | Component | Credits | Debits | Net | Revision status | Source release |
|---|---|---|---|---|---|---|---|
| April to June 2026 | FY 2026-27 Q1 | Portfolio investment | ₹12.95 trillion (≈ ₹12.95 lakh crore) · $134 billion | ₹13.87 trillion (≈ ₹13.87 lakh crore) · $144 billion | −₹924.67 billion (≈ −₹92,467 crore) · −$9.6 billion | preliminary | 1 September 2026 |
| April to June 2026 | FY 2026-27 Q1 | Other investment | ₹7 trillion (≈ ₹7 lakh crore) · $72.7 billion | ₹6.26 trillion (≈ ₹6.26 lakh crore) · $65 billion | ₹741.66 billion (≈ ₹74,166 crore) · $7.7 billion | preliminary | 1 September 2026 |
| April to June 2026 | FY 2026-27 Q1 | Non-resident Indian deposits | ₹2.34 trillion (≈ ₹2.34 lakh crore) · $24.3 billion | ₹2.07 trillion (≈ ₹2.07 lakh crore) · $21.5 billion | ₹269.7 billion (≈ ₹26,970 crore) · $2.8 billion | preliminary | 1 September 2026 |
| April to June 2026 | FY 2026-27 Q1 | External commercial borrowings | ₹982.46 billion (≈ ₹98,246 crore) · $10.2 billion | ₹674.24 billion (≈ ₹67,424 crore) · $7 billion | ₹317.86 billion (≈ ₹31,786 crore) · $3.3 billion | preliminary | 1 September 2026 |
| April to June 2026 | FY 2026-27 Q1 | Reserve assets | ₹780.19 billion (≈ ₹78,019 crore) · $8.1 billion | ₹0 · $0 | ₹780.19 billion (≈ ₹78,019 crore) · $8.1 billion | preliminary | 1 September 2026 |
| April to June 2026 | FY 2026-27 Q1 | Errors and omissions | ₹154.11 billion (≈ ₹15,411 crore) · $1.6 billion | ₹0 · $0 | ₹154.11 billion (≈ ₹15,411 crore) · $1.6 billion | preliminary | 1 September 2026 |
India in the world
Goods and services trade, gold imports, the current account, reserves, foreign investment, remittances and Indians overseas, with separate source dates.
Full series: Balance of payments and current account
Balance of payments and current account
Data through April to June 2026
India ran a ₹404.54 billion current-account deficit
The complete source release compares the same quarter across years. Earlier publication vintages remain separate.
Balance-of-payments net components, 2025 Q2
USD
Showing 6 of 13 observations, including the smallest and largest reported values. Full series and every observation
- Goods2025 Q2−$68.9 billion
- Services2025 Q2$47.9 billion
- Primary Income2025 Q2−$13.3 billion
- Secondary Income2025 Q2$30.9 billion
- Direct Investment2025 Q2$5.2 billion
- Other Investment2025 Q2$7.9 billion
0
2025 Q2
Signed net balances from one complete published quarter. Aggregate accounts and component subaccounts overlap and are not additive. Retained source vintages have not been spliced into a synthetic continuous history.
Source: Reserve Bank of India
Chart notes
Bars compare the reported observations on the same scale. The marked zero is not a missing observation. Missing observations are not zero.
data.indiadispatch.com
Balance-of-payments net components, 2026 Q2
USD
Showing 6 of 13 observations, including the smallest and largest reported values. Full series and every observation
- Goods2026 Q2−$86.1 billion
- Services2026 Q2$51.6 billion
- Primary Income2026 Q2−$10.5 billion
- Secondary Income2026 Q2$40.8 billion
- Portfolio Investment2026 Q2−$9.6 billion
- Reserve Assets2026 Q2$8.1 billion
0
2026 Q2
Signed net balances from one complete published quarter. Aggregate accounts and component subaccounts overlap and are not additive. Retained source vintages have not been spliced into a synthetic continuous history.
Source: Reserve Bank of India
Chart notes
Bars compare the reported observations on the same scale. The marked zero is not a missing observation. Missing observations are not zero.
data.indiadispatch.com
Source notes
Only published observations are shown. Missing periods are not zero and have not been interpolated.
The RBI table reports rounded billions of US dollars, explicitly converted here to millions. Negative net values denote net payments or outflows. Reserve assets use the RBI's increase-negative/decrease-positive convention. Calendar and financial quarters are labelled separately. Only complete comparisons from the latest quarterly release are eligible, not superseded aggregates in older narrative revision notices.
A positive current-account net value is a surplus. A negative value is a deficit. Credits less debits equal the published net balance within the source’s stated rounding precision.
The latest release compares the same quarter across years. It is not a continuous quarterly history. Retained earlier publication vintages are shown separately and are not spliced into revised comparisons.
Converted dollar or rupee equivalents use $1 = ₹96.32 on 2 October 2026, not historical exchange rates.
Publication cadence: Quarterly.
Terms in this reading
- FPI
- Foreign portfolio investment, purchases of securities such as shares and bonds by overseas investors. Net flows subtract their sales from their purchases. Definition and conventions
- BoP
- Balance of payments, the accounts of transactions between residents and the rest of the world. Goods, services, income and financial flows are separately classified. Definition and conventions
Full history, published components and source notes · Download CSV
Source: Reserve Bank of India, India Dispatch Research
Reserves and external positions
Full series: Foreign exchange reserves · US Treasury holdings and forward-dollar positions
Reserves
India held $766 billion in foreign exchange reserves
+9% from the comparable week a year earlier, as of 18 September 2026.
Foreign exchange reserves
USD
- Foreign exchange reserves18 September 2026$766 billion
0
18 September 2026
Reserve balances, not flows. One retained observation.
Source: Reserve Bank of India
Chart notes
A stock at the reported date. Only one retained balance is available, not a time trend.
One reported observation is shown. This is a snapshot, not a time trend. Missing observations are not zero.
| Observation | Period | Value | US dollar equivalent where applicable |
|---|---|---|---|
| Foreign exchange reserves | 18 September 2026 | $766 billion | Not applicable |
data.indiadispatch.com
Year-on-year change in weekly monetary readings
percent
- Currency in circulation, 18 September 202618 September 202613.14%
- Foreign exchange reserves, 18 September 202618 September 20269.01%
- Bank credit, 15 September 202615 September 202618.13%
- Aggregate deposits, 15 September 202615 September 202617.31%
0
18 September 2026
Each balance retains its own published date. Bars compare reported growth rates, not balances with different currencies or units.
Source: Reserve Bank of India
Chart notes
Bars compare the reported observations on the same scale. The marked zero is not a missing observation. Missing observations are not zero.
| Observation | Period | Value | US dollar equivalent where applicable |
|---|---|---|---|
| Currency in circulation, 18 September 2026 | 18 September 2026 | 13.14% | Not applicable |
| Foreign exchange reserves, 18 September 2026 | 18 September 2026 | 9.01% | Not applicable |
| Bank credit, 15 September 2026 | 15 September 2026 | 18.13% | Not applicable |
| Aggregate deposits, 15 September 2026 | 15 September 2026 | 17.31% | Not applicable |
data.indiadispatch.com
$766 billion
Foreign exchange reserves · 18 September 2026
Source: Reserve Bank of India, India Dispatch Research
US Treasury holdings attributed to India stood at $203 billion in July 2026
The US series is based largely on custodians and does not precisely identify the ultimate owner. The RBI’s separate forward-dollar position is shown below on its own monthly clock.
US Treasury securities attributed to India$203 billion
July 2026
US Treasury securities attributed to India: 175 observations shown, from January 2012 through July 2026.
| Period | US dollars |
|---|---|
| January 2012 | $42.8 billion |
| February 2012 | $44.1 billion |
| March 2012 | $46.7 billion |
| April 2012 | $49.3 billion |
| May 2012 | $50 billion |
| June 2012 | $53.8 billion |
| July 2012 | $59.3 billion |
| August 2012 | $60.6 billion |
| September 2012 | $59.7 billion |
| October 2012 | $59.6 billion |
| November 2012 | $58.8 billion |
| December 2012 | $59.5 billion |
| January 2013 | $58.5 billion |
| February 2013 | $56.8 billion |
| March 2013 | $55 billion |
| April 2013 | $55.8 billion |
| May 2013 | $59.9 billion |
| June 2013 | $61.2 billion |
| July 2013 | $58.9 billion |
| August 2013 | $57 billion |
| September 2013 | $56.8 billion |
| October 2013 | $59.9 billion |
| November 2013 | $63.9 billion |
| December 2013 | $68.5 billion |
| January 2014 | $68.1 billion |
| February 2014 | $67 billion |
| March 2014 | $70.2 billion |
| April 2014 | $68.7 billion |
| May 2014 | $70.1 billion |
| June 2014 | $72.9 billion |
| July 2014 | $79.7 billion |
| August 2014 | $80.4 billion |
| September 2014 | $80 billion |
| October 2014 | $77.5 billion |
| November 2014 | $80.5 billion |
| December 2014 | $83 billion |
| January 2015 | $91.2 billion |
| February 2015 | $102 billion |
| March 2015 | $108 billion |
| April 2015 | $110 billion |
| May 2015 | $114 billion |
| June 2015 | $117 billion |
| July 2015 | $116 billion |
| August 2015 | $116 billion |
| September 2015 | $114 billion |
| October 2015 | $117 billion |
| November 2015 | $115 billion |
| December 2015 | $117 billion |
| January 2016 | $120 billion |
| February 2016 | $119 billion |
| March 2016 | $119 billion |
| April 2016 | $122 billion |
| May 2016 | $118 billion |
| June 2016 | $117 billion |
| July 2016 | $124 billion |
| August 2016 | $123 billion |
| September 2016 | $123 billion |
| October 2016 | $123 billion |
| November 2016 | $119 billion |
| December 2016 | $118 billion |
| January 2017 | $114 billion |
| February 2017 | $112 billion |
| March 2017 | $117 billion |
| April 2017 | $124 billion |
| May 2017 | $127 billion |
| June 2017 | $130 billion |
| July 2017 | $136 billion |
| August 2017 | $139 billion |
| September 2017 | $145 billion |
| October 2017 | $141 billion |
| November 2017 | $141 billion |
| December 2017 | $145 billion |
| January 2018 | $149 billion |
| February 2018 | $153 billion |
| March 2018 | $157 billion |
| April 2018 | $153 billion |
| May 2018 | $149 billion |
| June 2018 | $147 billion |
| July 2018 | $143 billion |
| August 2018 | $141 billion |
| September 2018 | $144 billion |
| October 2018 | $138 billion |
| November 2018 | $139 billion |
| December 2018 | $141 billion |
| January 2019 | $145 billion |
| February 2019 | $144 billion |
| March 2019 | $152 billion |
| April 2019 | $155 billion |
| May 2019 | $157 billion |
| June 2019 | $163 billion |
| July 2019 | $160 billion |
| August 2019 | $162 billion |
| September 2019 | $161 billion |
| October 2019 | $161 billion |
| November 2019 | $159 billion |
| December 2019 | $162 billion |
| January 2020 | $164 billion |
| February 2020 | $178 billion |
| March 2020 | $157 billion |
| April 2020 | $157 billion |
| May 2020 | $170 billion |
| June 2020 | $183 billion |
| July 2020 | $195 billion |
| August 2020 | $197 billion |
| September 2020 | $214 billion |
| October 2020 | $222 billion |
| November 2020 | $220 billion |
| December 2020 | $216 billion |
| January 2021 | $212 billion |
| February 2021 | $204 billion |
| March 2021 | $200 billion |
| April 2021 | $209 billion |
| May 2021 | $216 billion |
| June 2021 | $220 billion |
| July 2021 | $219 billion |
| August 2021 | $217 billion |
| September 2021 | $218 billion |
| October 2021 | $211 billion |
| November 2021 | $205 billion |
| December 2021 | $199 billion |
| January 2022 | $199 billion |
| February 2022 | $200 billion |
| March 2022 | $200 billion |
| April 2022 | $199 billion |
| May 2022 | $204 billion |
| June 2022 | $209 billion |
| July 2022 | $212 billion |
| August 2022 | $221 billion |
| September 2022 | $213 billion |
| October 2022 | $213 billion |
| November 2022 | $219 billion |
| December 2022 | $224 billion |
| January 2023 | $232 billion |
| February 2023 | $231 billion |
| March 2023 | $238 billion |
| April 2023 | $239 billion |
| May 2023 | $238 billion |
| June 2023 | $235 billion |
| July 2023 | $233 billion |
| August 2023 | $233 billion |
| September 2023 | $229 billion |
| October 2023 | $222 billion |
| November 2023 | $225 billion |
| December 2023 | $234 billion |
| January 2024 | $236 billion |
| February 2024 | $235 billion |
| March 2024 | $241 billion |
| April 2024 | $234 billion |
| May 2024 | $238 billion |
| June 2024 | $242 billion |
| July 2024 | $239 billion |
| August 2024 | $246 billion |
| September 2024 | $247 billion |
| October 2024 | $241 billion |
| November 2024 | $234 billion |
| December 2024 | $219 billion |
| January 2025 | $226 billion |
| February 2025 | $228 billion |
| March 2025 | $240 billion |
| April 2025 | $233 billion |
| May 2025 | $235 billion |
| June 2025 | $227 billion |
| July 2025 | $220 billion |
| August 2025 | $219 billion |
| September 2025 | $203 billion |
| October 2025 | $190 billion |
| November 2025 | $187 billion |
| December 2025 | $183 billion |
| January 2026 | $190 billion |
| February 2026 | $191 billion |
| March 2026 | $183 billion |
| April 2026 | $181 billion |
| May 2026 | $181 billion |
| June 2026 | $186 billion |
| July 2026 | $203 billion |
data.indiadispatch.com
RBI dollar purchases$38.4 billionJuly 2026
RBI dollar sales$19.8 billionJuly 2026
Outstanding net forward position−$137 billionnegative means net forward sales
Source: Reserve Bank of India and US Department of the Treasury, India Dispatch Research
Remittances and investment
Full series: Remittances and foreign direct investment · Foreign direct investment and greenfield announcements
Foreign money
India received $151 billion in remittances in 2025, 3.9 times net foreign direct investment
Both series are annual and shown in current US dollars.
Remittances received$151 billion
2025
| Period | US dollars |
|---|---|
| 2001 | $14.3 billion |
| 2002 | $15.7 billion |
| 2003 | $21 billion |
| 2004 | $18.8 billion |
| 2005 | $22.1 billion |
| 2006 | $28.3 billion |
| 2007 | $37.2 billion |
| 2008 | $50 billion |
| 2009 | $49.2 billion |
| 2010 | $53.5 billion |
| 2011 | $62.5 billion |
| 2012 | $68.8 billion |
| 2013 | $70 billion |
| 2014 | $70.4 billion |
| 2015 | $68.9 billion |
| 2016 | $62.7 billion |
| 2017 | $69 billion |
| 2018 | $78.8 billion |
| 2019 | $83.3 billion |
| 2020 | $83.1 billion |
| 2021 | $89.4 billion |
| 2022 | $111 billion |
| 2023 | $120 billion |
| 2024 | $138 billion |
| 2025 | $151 billion |
data.indiadispatch.com
Net FDI inflows$39.1 billion
2025
| Period | US dollars |
|---|---|
| 2001 | $5.13 billion |
| 2002 | $5.21 billion |
| 2003 | $3.68 billion |
| 2004 | $5.43 billion |
| 2005 | $7.27 billion |
| 2006 | $20 billion |
| 2007 | $25.2 billion |
| 2008 | $43.4 billion |
| 2009 | $35.6 billion |
| 2010 | $27.4 billion |
| 2011 | $36.5 billion |
| 2012 | $24 billion |
| 2013 | $28.2 billion |
| 2014 | $34.6 billion |
| 2015 | $44 billion |
| 2016 | $44.5 billion |
| 2017 | $40 billion |
| 2018 | $42.1 billion |
| 2019 | $50.6 billion |
| 2020 | $64.4 billion |
| 2021 | $44.7 billion |
| 2022 | $49.9 billion |
| 2023 | $28.1 billion |
| 2024 | $27.1 billion |
| 2025 | $39.1 billion |
data.indiadispatch.com
Source: World Bank, India Dispatch Research
India received 2.4% of global foreign direct investment inflows in 2025
$38.9 billion entered India as FDI. Separately, announced greenfield projects totalled $110 billion. Announcements are not realised investment.
FDI inflows$38.9 billion
2025
Foreign direct investment inflows into India: 30 observations shown, from 1996 through 2025.
| Period | US dollars |
|---|---|
| 1996 | $2.53 billion |
| 1997 | $3.62 billion |
| 1998 | $2.63 billion |
| 1999 | $2.17 billion |
| 2000 | $3.59 billion |
| 2001 | $5.48 billion |
| 2002 | $5.63 billion |
| 2003 | $4.32 billion |
| 2004 | $5.78 billion |
| 2005 | $7.62 billion |
| 2006 | $20.3 billion |
| 2007 | $25.3 billion |
| 2008 | $47.1 billion |
| 2009 | $35.6 billion |
| 2010 | $27.4 billion |
| 2011 | $36.2 billion |
| 2012 | $24.2 billion |
| 2013 | $28.2 billion |
| 2014 | $34.6 billion |
| 2015 | $44.1 billion |
| 2016 | $44.5 billion |
| 2017 | $39.9 billion |
| 2018 | $42.2 billion |
| 2019 | $50.6 billion |
| 2020 | $64.1 billion |
| 2021 | $44.8 billion |
| 2022 | $49.4 billion |
| 2023 | $28.1 billion |
| 2024 | $27.1 billion |
| 2025 | $38.9 billion |
data.indiadispatch.com
Share of world inflows2.4%
2025
India’s share of global FDI inflows: 30 observations shown, from 1996 through 2025.
| Period | Percent |
|---|---|
| 1996 | 0.6% |
| 1997 | 0.8% |
| 1998 | 0.4% |
| 1999 | 0.2% |
| 2000 | 0.3% |
| 2001 | 0.7% |
| 2002 | 1.0% |
| 2003 | 0.8% |
| 2004 | 0.8% |
| 2005 | 0.8% |
| 2006 | 1.5% |
| 2007 | 1.3% |
| 2008 | 3.2% |
| 2009 | 2.9% |
| 2010 | 2.0% |
| 2011 | 2.1% |
| 2012 | 1.7% |
| 2013 | 1.9% |
| 2014 | 2.4% |
| 2015 | 2.0% |
| 2016 | 2.2% |
| 2017 | 2.3% |
| 2018 | 3.3% |
| 2019 | 3.1% |
| 2020 | 7.4% |
| 2021 | 2.5% |
| 2022 | 3.4% |
| 2023 | 2.1% |
| 2024 | 1.8% |
| 2025 | 2.4% |
data.indiadispatch.com
Announced greenfield projects$110 billion2024
Change from a year earlier+28%announced capital expenditure
Source: United Nations Trade and Development, India Dispatch Research
Services and software exports
Full series: Software exports · Services exports and imports
Software exports
Software-services exports reached $221 billion in 2025-26
The same exports were worth ₹19.56 trillion (≈ ₹19.56 lakh crore). The series excludes sales delivered through companies’ overseas commercial presence.
Software-services exports$221 billion₹19.56 trillion
2025-26
| Period | US dollars |
|---|---|
| 2016-17 | $97.1 billion |
| 2017-18 | $108 billion |
| 2018-19 | $118 billion |
| 2019-20 | $129 billion |
| 2020-21 | $134 billion |
| 2021-22 | $157 billion |
| 2022-23 | $186 billion |
| 2023-24 | $191 billion |
| 2024-25 | $205 billion |
| 2025-26 | $221 billion |
data.indiadispatch.com
Source: Reserve Bank of India, India Dispatch Research
Services exports and imports
Data through
India’s services exports totalled ₹3.42 trillion
Monthly services exports and imports. Source figures may be provisional or revised.
Monthly services exports, reported USD: 23 observations shown, from October 2024 through August 2026.
| Period | US dollars |
|---|---|
| October 2024 | $34.4 billion |
| November 2024 | $32.1 billion |
| December 2024 | $37 billion |
| January 2025 | $34.7 billion |
| February 2025 | $31.6 billion |
| March 2025 | $35.6 billion |
| April 2025 | $32.9 billion |
| May 2025 | $32.5 billion |
| June 2025 | $32.1 billion |
| July 2025 | $33.7 billion |
| August 2025 | $31.2 billion |
| September 2025 | $36.7 billion |
| October 2025 | $35.2 billion |
| November 2025 | $34.3 billion |
| December 2025 | $41.8 billion |
| January 2026 | $38.2 billion |
| February 2026 | $34.7 billion |
| March 2026 | $38.2 billion |
| April 2026 | $36.8 billion |
| May 2026 | $33.2 billion |
| June 2026 | $36.2 billion |
| July 2026 | $38.3 billion |
| August 2026 | $35.5 billion |
data.indiadispatch.com
| Month | Exports | Imports | Net receipts | Export growth | Import growth | Status | Revision note | Source release |
|---|---|---|---|---|---|---|---|---|
| March 2026 | ₹3.68 trillion (≈ ₹3.68 lakh crore) · $38.2 billion | ₹1.66 trillion (≈ ₹1.66 lakh crore) · $17.2 billion | ₹2.02 trillion (≈ ₹2.02 lakh crore) · $21 billion | 7.2% | −1.6% | revised | (i) Data for April-May are provisional while those for January-March are revised on pro-rata basis using balance of payments statistics of Q4:2025-26. (ii) Figures in parentheses are growth rates over the corresponding month of the previous year, which have been revised on the basis of balance of payments statistics. | 30 June 2026 |
| April 2026 | ₹3.55 trillion (≈ ₹3.55 lakh crore) · $36.8 billion | ₹1.78 trillion (≈ ₹1.78 lakh crore) · $18.4 billion | ₹1.77 trillion (≈ ₹1.77 lakh crore) · $18.4 billion | 12.2% | 9.1% | revised | (i) Data for July-August are provisional while those for April-June are revised on pro-rata basis using balance of payments statistics of Q1:2026-27. (ii) Figures in parentheses are growth rates over the corresponding month of the previous year, which have been revised on the basis of balance of payments statistics. | 30 September 2026 |
| May 2026 | ₹3.2 trillion (≈ ₹3.2 lakh crore) · $33.2 billion | ₹1.7 trillion (≈ ₹1.7 lakh crore) · $17.7 billion | ₹1.5 trillion (≈ ₹1.5 lakh crore) · $15.5 billion | 2.3% | 5.8% | revised | (i) Data for July-August are provisional while those for April-June are revised on pro-rata basis using balance of payments statistics of Q1:2026-27. (ii) Figures in parentheses are growth rates over the corresponding month of the previous year, which have been revised on the basis of balance of payments statistics. | 30 September 2026 |
| June 2026 | ₹3.49 trillion (≈ ₹3.49 lakh crore) · $36.2 billion | ₹1.78 trillion (≈ ₹1.78 lakh crore) · $18.5 billion | ₹1.7 trillion (≈ ₹1.7 lakh crore) · $17.7 billion | 12.7% | 16.4% | revised | (i) Data for July-August are provisional while those for April-June are revised on pro-rata basis using balance of payments statistics of Q1:2026-27. (ii) Figures in parentheses are growth rates over the corresponding month of the previous year, which have been revised on the basis of balance of payments statistics. | 30 September 2026 |
| July 2026 | ₹3.68 trillion (≈ ₹3.68 lakh crore) · $38.3 billion | ₹1.98 trillion (≈ ₹1.98 lakh crore) · $20.6 billion | ₹1.7 trillion (≈ ₹1.7 lakh crore) · $17.6 billion | 13.4% | 19.1% | provisional | (i) Data for July-August are provisional while those for April-June are revised on pro-rata basis using balance of payments statistics of Q1:2026-27. (ii) Figures in parentheses are growth rates over the corresponding month of the previous year, which have been revised on the basis of balance of payments statistics. | 30 September 2026 |
| August 2026 | ₹3.42 trillion (≈ ₹3.42 lakh crore) · $35.5 billion | ₹1.82 trillion (≈ ₹1.82 lakh crore) · $18.9 billion | ₹1.59 trillion (≈ ₹1.59 lakh crore) · $16.5 billion | 13.7% | 21.4% | provisional | (i) Data for July-August are provisional while those for April-June are revised on pro-rata basis using balance of payments statistics of Q1:2026-27. (ii) Figures in parentheses are growth rates over the corresponding month of the previous year, which have been revised on the basis of balance of payments statistics. | 30 September 2026 |
Source notes
Net receipts were ₹1.59 trillion (≈ ₹1.59 lakh crore) · $16.5 billion.
Only published observations are shown. Missing periods are not zero and have not been interpolated.
Monthly service receipts and payments are in US dollars. Net receipts are exports less imports. Source revision and provisional notes apply to the named months, not to the fetch date. Monthly estimates may be revised pro rata when quarterly balance-of-payments statistics are published.
(i) Data for July-August are provisional while those for April-June are revised on pro-rata basis using statistics of Q1:2026-27. (ii) Figures in parentheses are growth rates over the corresponding month of the previous year, which have been revised on the basis of balance of payments statistics.
Dated revision tables retain earlier and revised numerical values and source status. Publication references identify each official revision release.
Monthly services-trade releases are distinct from quarterly balance-of-payments estimates. Their provisional or revised status is retained for every observation.
Converted dollar or rupee equivalents use $1 = ₹96.32 on 2 October 2026, not historical exchange rates.
Publication cadence: Monthly.
Full history, published components and source notes · Download CSV
Source: Reserve Bank of India, India Dispatch Research
Trade and partners
Full series: Merchandise trade · India’s trading partners · Trade with China · Gold imports
India imported $216.16 billion and exported $129.52 billion through June 2026-27
Imports exceeded exports by $86.64 billion over the same period.
Completed-year exports$438 billion
2025-26
India merchandise exports by financial year: 15 observations shown, from FY 2011-12 through FY 2025-26.
| Period | US dollars |
|---|---|
| FY 2011-12 | $250 billion |
| FY 2012-13 | $306 billion |
| FY 2013-14 | $300 billion |
| FY 2014-15 | $314 billion |
| FY 2015-16 | $310 billion |
| FY 2016-17 | $262 billion |
| FY 2017-18 | $274 billion |
| FY 2018-19 | $303 billion |
| FY 2019-20 | $330 billion |
| FY 2020-21 | $313 billion |
| FY 2021-22 | $292 billion |
| FY 2022-23 | $422 billion |
| FY 2023-24 | $451 billion |
| FY 2024-25 | $437 billion |
| FY 2025-26 | $438 billion |
data.indiadispatch.com
Completed-year imports$721 billion
2025-26
India merchandise imports by financial year: 15 observations shown, from FY 2011-12 through FY 2025-26.
| Period | US dollars |
|---|---|
| FY 2011-12 | $370 billion |
| FY 2012-13 | $489 billion |
| FY 2013-14 | $491 billion |
| FY 2014-15 | $450 billion |
| FY 2015-16 | $448 billion |
| FY 2016-17 | $381 billion |
| FY 2017-18 | $384 billion |
| FY 2018-19 | $466 billion |
| FY 2019-20 | $514 billion |
| FY 2020-21 | $475 billion |
| FY 2021-22 | $394 billion |
| FY 2022-23 | $613 billion |
| FY 2023-24 | $716 billion |
| FY 2024-25 | $675 billion |
| FY 2025-26 | $721 billion |
data.indiadispatch.com
Trade balance−$284 billion
2025-26
India merchandise trade balance by financial year: 15 observations shown, from FY 2011-12 through FY 2025-26.
| Period | US dollars |
|---|---|
| FY 2011-12 | −$120 billion |
| FY 2012-13 | −$183 billion |
| FY 2013-14 | −$190 billion |
| FY 2014-15 | −$136 billion |
| FY 2015-16 | −$138 billion |
| FY 2016-17 | −$119 billion |
| FY 2017-18 | −$110 billion |
| FY 2018-19 | −$162 billion |
| FY 2019-20 | −$184 billion |
| FY 2020-21 | −$161 billion |
| FY 2021-22 | −$103 billion |
| FY 2022-23 | −$191 billion |
| FY 2023-24 | −$265 billion |
| FY 2024-25 | −$238 billion |
| FY 2025-26 | −$284 billion |
data.indiadispatch.com
Source: Department of Commerce, India Dispatch Research
United States was India’s largest export market and China its largest import source through June 2026-27
Export and import rankings are kept separate because the two lists measure different directions of trade.
Merchandise imports by trading partner
USD
Showing 6 of 209 observations, including the smallest and largest reported values. Full series and every observation
- China$38 billion
- United States$16.7 billion
- Russia$25.6 billion
- United Arab Emirates$15 billion
- Saudi Arabia$7.56 billion
- Mongolia0
0
Through June 2026
Current financial-year-to-date country totals, not complete-year trade. All published partners remain in the complete observations table.
Source: Department of Commerce
Chart notes
Bars compare the reported observations on the same scale. The marked zero is not a missing observation. Missing observations are not zero.
data.indiadispatch.com
Largest export destinations
| Country | Value | Share |
|---|---|---|
| United States | $25.5 billion | 19.7% |
| United Arab Emirates | $7.95 billion | 6.1% |
| Singapore | $6.5 billion | 5% |
| China | $5.59 billion | 4.3% |
| Netherlands | $4.52 billion | 3.5% |
| United Kingdom | $3.69 billion | 2.8% |
| South Africa | $3.15 billion | 2.4% |
| Germany | $3.1 billion | 2.4% |
| Bangladesh | $3.06 billion | 2.4% |
| Tanzania | $2.91 billion | 2.2% |
data.indiadispatch.com
Largest import sources
| Country | Value | Share |
|---|---|---|
| China | $38 billion | 17.6% |
| Russia | $25.6 billion | 11.8% |
| United States | $16.7 billion | 7.7% |
| United Arab Emirates | $15 billion | 7% |
| Saudi Arabia | $7.56 billion | 3.5% |
| South Korea | $6.82 billion | 3.2% |
| Singapore | $6.58 billion | 3% |
| Japan | $5.92 billion | 2.7% |
| Germany | $5.38 billion | 2.5% |
| Hong Kong | $5.15 billion | 2.4% |
data.indiadispatch.com
Source: Department of Commerce, India Dispatch Research
India’s merchandise imports from China were 8 times its exports by value in 2025-26
Imports were $113 billion and exports were $14.3 billion. Imports exceeded exports by $99.2 billion.
India’s merchandise imports from China
Imports$113 billion
2025-26
India’s merchandise imports from China: 15 observations shown, from FY 2011-12 through FY 2025-26.
| Period | US dollars |
|---|---|
| FY 2011-12 | $43.5 billion |
| FY 2012-13 | $54.7 billion |
| FY 2013-14 | $52.2 billion |
| FY 2014-15 | $51 billion |
| FY 2015-16 | $60.4 billion |
| FY 2016-17 | $61.7 billion |
| FY 2017-18 | $61.3 billion |
| FY 2018-19 | $76.4 billion |
| FY 2019-20 | $70.3 billion |
| FY 2020-21 | $65.3 billion |
| FY 2021-22 | $65.2 billion |
| FY 2022-23 | $94.6 billion |
| FY 2023-24 | $98.5 billion |
| FY 2024-25 | $102 billion |
| FY 2025-26 | $113 billion |
data.indiadispatch.com
Source: Department of Commerce, India Dispatch Research
Gold imports
Data through
India imported 19.808 tonnes of gold
Gold imports by quantity. Jewellery is a separate commodity and is excluded.
Monthly gold-import quantity, tonnes: 24 observations shown, from July 2024 through June 2026.
| Period | Tonnes |
|---|---|
| July 2024 | 48 tonnes |
| August 2024 | 175 tonnes |
| September 2024 | 62 tonnes |
| October 2024 | 61 tonnes |
| November 2024 | 117 tonnes |
| December 2024 | 60 tonnes |
| January 2025 | 37 tonnes |
| February 2025 | 31 tonnes |
| March 2025 | 50 tonnes |
| April 2025 | 35 tonnes |
| May 2025 | 31 tonnes |
| June 2025 | 25 tonnes |
| July 2025 | 43 tonnes |
| August 2025 | 64 tonnes |
| September 2025 | 102 tonnes |
| October 2025 | 127 tonnes |
| November 2025 | 48 tonnes |
| December 2025 | 47 tonnes |
| January 2026 | 99 tonnes |
| February 2026 | 66 tonnes |
| March 2026 | 33 tonnes |
| April 2026 | 46 tonnes |
| May 2026 | 29 tonnes |
| June 2026 | 20 tonnes |
data.indiadispatch.com
| Month | Quantity | Kilograms | Reported INR value | Reported USD value | Quantity change | INR-value change | USD-value change | Source updated | Provisional |
|---|---|---|---|---|---|---|---|---|---|
| January 2026 | 99.387 tonnes | 99,387 | ₹1.1 trillion (≈ ₹1.1 lakh crore) | $12.1 billion | 172% | 372.82% | 349.22% | 28 July 2026 | Yes |
| February 2026 | 66.361 tonnes | 66,361 | ₹675.63 billion (≈ ₹67,563 crore) | $7.45 billion | 116% | 232.01% | 218.56% | 28 July 2026 | Yes |
| March 2026 | 32.864 tonnes | 32,864 | ₹283.9 billion (≈ ₹28,390 crore) | $3.06 billion | −35% | −26.8% | −31.63% | 28 July 2026 | Yes |
| April 2026 | 45.623 tonnes | 45,623 | ₹526.39 billion (≈ ₹52,639 crore) | $5.63 billion | 31% | 98.65% | 81.69% | 28 July 2026 | Yes |
| May 2026 | 29.442 tonnes | 29,442 | ₹326.54 billion (≈ ₹32,654 crore) | $3.42 billion | −4% | 50.33% | 33.96% | 28 July 2026 | Yes |
| June 2026 | 19.808 tonnes | 19,808 | ₹186.94 billion (≈ ₹18,694 crore) | $1.97 billion | −20% | 18.33% | 7.03% | 28 July 2026 | Yes |
Source notes
Imports were valued at ₹186.94 billion (≈ ₹18,694 crore) · $1.97 billion.
Only published observations are shown. Missing periods are not zero and have not been interpolated.
All-country monthly imports of the Department of Commerce's principal commodity G6, GOLD. gold jewellery (G9) is excluded. Values are published in USD million and INR . quantities are published in kilograms and converted to tonnes. Recent provisional periods can be revised. The source currently lags the calendar. no unavailable later months are fabricated.
Gold is principal-commodity code G6. Jewellery is a different commodity and is excluded. These are national totals, not a sum of a partial country table.
Both currency totals are independently reported by the source. They are not converted using the site’s reference exchange rate.
The source was updated on 28 July 2026. The latest complete observation is June 2026.
Publication cadence: Monthly.
Full history, published components and source notes · Download CSV
Source: Department of Commerce, India Dispatch Research
Exchange rates
Full series: Effective rupee exchange-rate indices
The rupee against the world
The real rupee index is 10% below its 2020 base
The real index adjusts for relative prices while the nominal index tracks currencies alone. Both are broad monthly BIS indices with 2020 equal to 100.
Real effective exchange rate90.37
July 2026
| Period | Index |
|---|---|
| July 2016 | 98.9 |
| August 2016 | 98.4 |
| September 2016 | 98.3 |
| October 2016 | 99.6 |
| November 2016 | 99.7 |
| December 2016 | 100.1 |
| January 2017 | 98.9 |
| February 2017 | 99.7 |
| March 2017 | 101.5 |
| April 2017 | 103.2 |
| May 2017 | 102.7 |
| June 2017 | 102.3 |
| July 2017 | 103.4 |
| August 2017 | 103.6 |
| September 2017 | 101.5 |
| October 2017 | 102.1 |
| November 2017 | 103.5 |
| December 2017 | 103.3 |
| January 2018 | 101.8 |
| February 2018 | 98.7 |
| March 2018 | 98 |
| April 2018 | 97.6 |
| May 2018 | 97.1 |
| June 2018 | 98.1 |
| July 2018 | 98.9 |
| August 2018 | 98.8 |
| September 2018 | 94.8 |
| October 2018 | 93.7 |
| November 2018 | 96.8 |
| December 2018 | 97.5 |
| January 2019 | 96.4 |
| February 2019 | 95.3 |
| March 2019 | 98 |
| April 2019 | 98.7 |
| May 2019 | 99.5 |
| June 2019 | 100.3 |
| July 2019 | 102 |
| August 2019 | 100.2 |
| September 2019 | 100.5 |
| October 2019 | 101.2 |
| November 2019 | 101.1 |
| December 2019 | 102.3 |
| January 2020 | 101.2 |
| February 2020 | 101 |
| March 2020 | 98.2 |
| April 2020 | 99.3 |
| May 2020 | 99.7 |
| June 2020 | 98.6 |
| July 2020 | 99.9 |
| August 2020 | 99.4 |
| September 2020 | 101.5 |
| October 2020 | 102.3 |
| November 2020 | 100.6 |
| December 2020 | 98.5 |
| January 2021 | 97.7 |
| February 2021 | 98 |
| March 2021 | 99.2 |
| April 2021 | 97.3 |
| May 2021 | 99.7 |
| June 2021 | 99.8 |
| July 2021 | 100.1 |
| August 2021 | 100.8 |
| September 2021 | 101.3 |
| October 2021 | 100.7 |
| November 2021 | 102.2 |
| December 2021 | 100.8 |
| January 2022 | 101.2 |
| February 2022 | 99.7 |
| March 2022 | 99.7 |
| April 2022 | 101.4 |
| May 2022 | 102.6 |
| June 2022 | 101.7 |
| July 2022 | 101.4 |
| August 2022 | 102.2 |
| September 2022 | 104.1 |
| October 2022 | 103.6 |
| November 2022 | 102.3 |
| December 2022 | 98.1 |
| January 2023 | 97.2 |
| February 2023 | 96.7 |
| March 2023 | 97.8 |
| April 2023 | 97.9 |
| May 2023 | 98.8 |
| June 2023 | 100.9 |
| July 2023 | 103.4 |
| August 2023 | 103.3 |
| September 2023 | 102.7 |
| October 2023 | 103.8 |
| November 2023 | 103 |
| December 2023 | 101.3 |
| January 2024 | 101.8 |
| February 2024 | 102 |
| March 2024 | 101.9 |
| April 2024 | 102.8 |
| May 2024 | 103 |
| June 2024 | 104.5 |
| July 2024 | 105.3 |
| August 2024 | 102.8 |
| September 2024 | 102.4 |
| October 2024 | 104.7 |
| November 2024 | 106.1 |
| December 2024 | 105.4 |
| January 2025 | 103 |
| February 2025 | 100.6 |
| March 2025 | 100 |
| April 2025 | 100.2 |
| May 2025 | 99.6 |
| June 2025 | 98.3 |
| July 2025 | 98.3 |
| August 2025 | 97.3 |
| September 2025 | 95.9 |
| October 2025 | 96.1 |
| November 2025 | 96.3 |
| December 2025 | 94.2 |
| January 2026 | 93.2 |
| February 2026 | 92 |
| March 2026 | 91 |
| April 2026 | 89.6 |
| May 2026 | 88 |
| June 2026 | 90.2 |
| July 2026 | 90.4 |
data.indiadispatch.com
Nominal effective exchange rate81.08
July 2026
| Period | Index |
|---|---|
| July 2016 | 107.7 |
| August 2016 | 107.3 |
| September 2016 | 107.9 |
| October 2016 | 109 |
| November 2016 | 109.3 |
| December 2016 | 110.6 |
| January 2017 | 109.7 |
| February 2017 | 110.7 |
| March 2017 | 112.5 |
| April 2017 | 114.3 |
| May 2017 | 113.6 |
| June 2017 | 112.7 |
| July 2017 | 112 |
| August 2017 | 111.5 |
| September 2017 | 109.8 |
| October 2017 | 109.8 |
| November 2017 | 110.2 |
| December 2017 | 110.6 |
| January 2018 | 109.5 |
| February 2018 | 107.3 |
| March 2018 | 106.3 |
| April 2018 | 105.5 |
| May 2018 | 104.7 |
| June 2018 | 105.4 |
| July 2018 | 105.3 |
| August 2018 | 105.1 |
| September 2018 | 101.4 |
| October 2018 | 100.1 |
| November 2018 | 102.9 |
| December 2018 | 104.2 |
| January 2019 | 103.3 |
| February 2019 | 102.4 |
| March 2019 | 105.1 |
| April 2019 | 105.6 |
| May 2019 | 106.1 |
| June 2019 | 106.3 |
| July 2019 | 107.2 |
| August 2019 | 105 |
| September 2019 | 105 |
| October 2019 | 105.2 |
| November 2019 | 104.1 |
| December 2019 | 104.2 |
| January 2020 | 103.5 |
| February 2020 | 104.5 |
| March 2020 | 101.4 |
| April 2020 | 100.2 |
| May 2020 | 100.7 |
| June 2020 | 99.2 |
| July 2020 | 99.5 |
| August 2020 | 98.6 |
| September 2020 | 99.7 |
| October 2020 | 99.2 |
| November 2020 | 97.1 |
| December 2020 | 96.5 |
| January 2021 | 96.7 |
| February 2021 | 97.2 |
| March 2021 | 98.5 |
| April 2021 | 96.1 |
| May 2021 | 96.9 |
| June 2021 | 96.6 |
| July 2021 | 96.5 |
| August 2021 | 97.2 |
| September 2021 | 97.8 |
| October 2021 | 96.5 |
| November 2021 | 97.6 |
| December 2021 | 96.9 |
| January 2022 | 97.9 |
| February 2022 | 97.2 |
| March 2022 | 97.3 |
| April 2022 | 98.1 |
| May 2022 | 98.8 |
| June 2022 | 98.1 |
| July 2022 | 97.9 |
| August 2022 | 98.2 |
| September 2022 | 100 |
| October 2022 | 99.1 |
| November 2022 | 98 |
| December 2022 | 94.6 |
| January 2023 | 93.6 |
| February 2023 | 93.5 |
| March 2023 | 94.5 |
| April 2023 | 94.3 |
| May 2023 | 94.6 |
| June 2023 | 95.8 |
| July 2023 | 95.6 |
| August 2023 | 96.1 |
| September 2023 | 96.9 |
| October 2023 | 97.4 |
| November 2023 | 95.9 |
| December 2023 | 94.9 |
| January 2024 | 95.4 |
| February 2024 | 96.3 |
| March 2024 | 96.2 |
| April 2024 | 96.8 |
| May 2024 | 96.5 |
| June 2024 | 96.7 |
| July 2024 | 96.4 |
| August 2024 | 94.4 |
| September 2024 | 93.5 |
| October 2024 | 94.3 |
| November 2024 | 95.6 |
| December 2024 | 95.8 |
| January 2025 | 95 |
| February 2025 | 93.4 |
| March 2025 | 92.9 |
| April 2025 | 93 |
| May 2025 | 92.2 |
| June 2025 | 90.6 |
| July 2025 | 90.1 |
| August 2025 | 89 |
| September 2025 | 87.9 |
| October 2025 | 88.2 |
| November 2025 | 88.1 |
| December 2025 | 86.3 |
| January 2026 | 85 |
| February 2026 | 84.5 |
| March 2026 | 83.5 |
| April 2026 | 82.4 |
| May 2026 | 80.4 |
| June 2026 | 81.5 |
| July 2026 | 81.1 |
data.indiadispatch.com
Source: Bank for International Settlements, India Dispatch Research
Population and migration
Full series: Population, fertility and working age · Indians overseas and students in the United States
India’s fertility rate fell below two births per woman in 2024
The latest estimate was 1.96 births per woman. India’s population was 1.45 billion. People aged 15 to 64 made up 68.2% of the population.
Population1.45 billion
2024
India’s population: 65 observations shown, from 1960 through 2024.
| Period | Count |
|---|---|
| 1960 | 435.99 million |
| 1961 | 446.56 million |
| 1962 | 457.28 million |
| 1963 | 468.14 million |
| 1964 | 479.23 million |
| 1965 | 490.14 million |
| 1966 | 500.74 million |
| 1967 | 511.61 million |
| 1968 | 522.72 million |
| 1969 | 533.88 million |
| 1970 | 545.86 million |
| 1971 | 558.1 million |
| 1972 | 570.48 million |
| 1973 | 583.47 million |
| 1974 | 597.04 million |
| 1975 | 611.31 million |
| 1976 | 625.86 million |
| 1977 | 640.8 million |
| 1978 | 655.73 million |
| 1979 | 671.16 million |
| 1980 | 687.35 million |
| 1981 | 703.7 million |
| 1982 | 720.31 million |
| 1983 | 737.37 million |
| 1984 | 754.88 million |
| 1985 | 772.65 million |
| 1986 | 790.69 million |
| 1987 | 808.93 million |
| 1988 | 827.34 million |
| 1989 | 846.04 million |
| 1990 | 864.97 million |
| 1991 | 883.93 million |
| 1992 | 902.96 million |
| 1993 | 922.12 million |
| 1994 | 941.16 million |
| 1995 | 960.3 million |
| 1996 | 979.68 million |
| 1997 | 999.13 million |
| 1998 | 1.02 billion |
| 1999 | 1.04 billion |
| 2000 | 1.06 billion |
| 2001 | 1.08 billion |
| 2002 | 1.1 billion |
| 2003 | 1.12 billion |
| 2004 | 1.14 billion |
| 2005 | 1.15 billion |
| 2006 | 1.17 billion |
| 2007 | 1.19 billion |
| 2008 | 1.21 billion |
| 2009 | 1.23 billion |
| 2010 | 1.24 billion |
| 2011 | 1.26 billion |
| 2012 | 1.28 billion |
| 2013 | 1.3 billion |
| 2014 | 1.31 billion |
| 2015 | 1.33 billion |
| 2016 | 1.34 billion |
| 2017 | 1.36 billion |
| 2018 | 1.37 billion |
| 2019 | 1.39 billion |
| 2020 | 1.4 billion |
| 2021 | 1.41 billion |
| 2022 | 1.43 billion |
| 2023 | 1.44 billion |
| 2024 | 1.45 billion |
data.indiadispatch.com
Fertility rate1.96
births per woman
India’s fertility rate: 65 observations shown, from 1960 through 2024.
| Period | Ratio |
|---|---|
| 1960 | 5.9 |
| 1961 | 5.9 |
| 1962 | 6 |
| 1963 | 6 |
| 1964 | 6 |
| 1965 | 5.9 |
| 1966 | 5.9 |
| 1967 | 5.8 |
| 1968 | 5.8 |
| 1969 | 5.7 |
| 1970 | 5.6 |
| 1971 | 5.6 |
| 1972 | 5.5 |
| 1973 | 5.4 |
| 1974 | 5.3 |
| 1975 | 5.2 |
| 1976 | 5.1 |
| 1977 | 5 |
| 1978 | 4.9 |
| 1979 | 4.8 |
| 1980 | 4.8 |
| 1981 | 4.7 |
| 1982 | 4.6 |
| 1983 | 4.6 |
| 1984 | 4.5 |
| 1985 | 4.4 |
| 1986 | 4.4 |
| 1987 | 4.3 |
| 1988 | 4.2 |
| 1989 | 4.1 |
| 1990 | 4 |
| 1991 | 4 |
| 1992 | 3.9 |
| 1993 | 3.8 |
| 1994 | 3.7 |
| 1995 | 3.7 |
| 1996 | 3.6 |
| 1997 | 3.5 |
| 1998 | 3.4 |
| 1999 | 3.4 |
| 2000 | 3.4 |
| 2001 | 3.3 |
| 2002 | 3.2 |
| 2003 | 3.1 |
| 2004 | 3 |
| 2005 | 3 |
| 2006 | 2.9 |
| 2007 | 2.8 |
| 2008 | 2.7 |
| 2009 | 2.7 |
| 2010 | 2.6 |
| 2011 | 2.5 |
| 2012 | 2.5 |
| 2013 | 2.4 |
| 2014 | 2.3 |
| 2015 | 2.3 |
| 2016 | 2.3 |
| 2017 | 2.2 |
| 2018 | 2.2 |
| 2019 | 2.1 |
| 2020 | 2 |
| 2021 | 2 |
| 2022 | 2 |
| 2023 | 2 |
| 2024 | 2 |
data.indiadispatch.com
Source: World Bank, India Dispatch Research
Indians overseas
363,019 Indian students were enrolled in the US in 2024-25
18.53 million India-born people lived abroad in 2024. Each series retains its own publication year.
Indian students in the US363,019
2024-25
| Period | Count |
|---|---|
| 2017-18 | 196,271 |
| 2018-19 | 202,014 |
| 2019-20 | 193,124 |
| 2020-21 | 167,582 |
| 2021-22 | 199,182 |
| 2022-23 | 268,923 |
| 2023-24 | 331,602 |
| 2024-25 | 363,019 |
data.indiadispatch.com
India-born people abroad18.53 million
2024
| Period | Count |
|---|---|
| 1990 | 6.58 million |
| 1995 | 6.9 million |
| 2000 | 7.78 million |
| 2005 | 9.5 million |
| 2010 | 12.35 million |
| 2015 | 15.28 million |
| 2020 | 16.53 million |
| 2024 | 18.53 million |
data.indiadispatch.com
Source: IIE Open Doors and United Nations Department of Economic and Social Affairs, India Dispatch Research
Development and rankings
Full series: Growth forecasts and human development · Governance and innovation rankings
Foreign institutions
The IMF forecasts 6.4% growth in 2026
The forecast table and the human-development history below are separate measures from separate institutions.
| Fiscal year | Growth |
|---|---|
| 2026 | 6.4% |
| 2027 | 6.7% |
Human Development Index0.685
Rank 130 in 2023
| Period | Ratio |
|---|---|
| 1990 | 0.4 |
| 1991 | 0.4 |
| 1992 | 0.5 |
| 1993 | 0.5 |
| 1994 | 0.5 |
| 1995 | 0.5 |
| 1996 | 0.5 |
| 1997 | 0.5 |
| 1998 | 0.5 |
| 1999 | 0.5 |
| 2000 | 0.5 |
| 2001 | 0.5 |
| 2002 | 0.5 |
| 2003 | 0.5 |
| 2004 | 0.5 |
| 2005 | 0.5 |
| 2006 | 0.6 |
| 2007 | 0.6 |
| 2008 | 0.6 |
| 2009 | 0.6 |
| 2010 | 0.6 |
| 2011 | 0.6 |
| 2012 | 0.6 |
| 2013 | 0.6 |
| 2014 | 0.6 |
| 2015 | 0.6 |
| 2016 | 0.6 |
| 2017 | 0.6 |
| 2018 | 0.6 |
| 2019 | 0.7 |
| 2020 | 0.7 |
| 2021 | 0.6 |
| 2022 | 0.7 |
| 2023 | 0.7 |
data.indiadispatch.com
Source: International Monetary Fund and United Nations Development Programme, India Dispatch Research
Public scorecards
India ranked 38 in the Global Innovation Index in 2026
Governance scores run from 0 to 100 and are perception-based. A smaller innovation rank is better. Neither is a direct measure of output.
Global Innovation Index rank
rank
Latest shown observation: 202638
20202026
2020 to 2026
A lower rank is better. Rankings are not the governance score scale.
Source: World Bank and World Intellectual Property Organization
Chart notes
Each dot is a reported observation. Their spacing follows the source observation periods. No line or interpolated values join observations. Missing observations are not zero.
data.indiadispatch.com
Voice And Accountability
score
Latest shown observation: 202455.4677802
19962024
1996 to 2024
Published governance scores at actual observation years. Gaps are not filled.
Source: World Bank
Chart notes
Each dot is a reported observation. Their spacing follows the source observation periods. No line or interpolated values join observations. Missing observations are not zero.
data.indiadispatch.com
Political Stability
Open this graph to compare its published observations. Read every source observation in the full data tables.
Government Effectiveness
Open this graph to compare its published observations. Read every source observation in the full data tables.
Regulatory Quality
Open this graph to compare its published observations. Read every source observation in the full data tables.
Rule Of Law
Open this graph to compare its published observations. Read every source observation in the full data tables.
Control Of Corruption
Open this graph to compare its published observations. Read every source observation in the full data tables.
Worldwide Governance Indicators2024
Score out of 100
| Dimension | Latest | 5 years ago | 10 years ago |
|---|---|---|---|
| Voice and accountability | 55.5 | 58.8 2019 | 61.5 2014 |
| Political stability | 52.5 | 55.8 2019 | 51.9 2014 |
| Government effectiveness | 59.2 | 61.2 2019 | 51.1 2014 |
| Regulatory quality | 53.3 | 53.3 2019 | 48.9 2014 |
| Rule of law | 56.3 | 56.6 2019 | 54.1 2014 |
| Control of corruption | 41.9 | 43.4 2019 | 39.5 2014 |
data.indiadispatch.com
| Year | Rank |
|---|---|
| 2020 | 48 |
| 2021 | 46 |
| 2022 | 40 |
| 2023 | 40 |
| 2024 | 39 |
| 2025 | 38 |
| 2026 | 38 |
data.indiadispatch.com
Source: World Bank and World Intellectual Property Organization, India Dispatch Research
Arms imports
Full series: Arms imports
Strategic position
India’s measured volume of arms imports was 1.17 billion trend-indicator units in 2024
SIPRI’s trend-indicator value is a common measure of transfer volume, not a price or dollar amount.
Arms imports1.17 billion TIV
2024
| Period | Count |
|---|---|
| 2000 | 987 million |
| 2001 | 1.18 billion |
| 2002 | 2 billion |
| 2003 | 2.8 billion |
| 2004 | 2.24 billion |
| 2005 | 1.19 billion |
| 2006 | 1.48 billion |
| 2007 | 2.28 billion |
| 2008 | 1.62 billion |
| 2009 | 1.94 billion |
| 2010 | 2.89 billion |
| 2011 | 3.62 billion |
| 2012 | 4.49 billion |
| 2013 | 5.27 billion |
| 2014 | 3.2 billion |
| 2015 | 2.72 billion |
| 2016 | 2.56 billion |
| 2017 | 2.66 billion |
| 2018 | 2.01 billion |
| 2019 | 3.15 billion |
| 2020 | 2.65 billion |
| 2021 | 3.94 billion |
| 2022 | 2.63 billion |
| 2023 | 1.49 billion |
| 2024 | 1.17 billion |
data.indiadispatch.com
Source: World Bank and Stockholm International Peace Research Institute, India Dispatch Research