Reserve Bank data put India's current account deficit at US$ 5.2 billion for August

19 October 2026

Preliminary Reserve Bank of India data on India's balance of payments show a net current account deficit of US$ 5.2 billion in August 2026, against US$ 6.1 billion in August 2025. The net merchandise deficit was US$ 26.6 billion, with exports of US$ 44.7 billion and imports of US$ 71.3 billion. Net services were a surplus of US$ 16.5 billion and net transfers US$ 12.8 billion, while net income was negative US$ 8.0 billion. The capital account was a net inflow of US$ 50.6 billion in August 2026, including net foreign direct investment of US$ 3.3 billion and net foreign portfolio investment of US$ 1.7 billion. For April-August 2026 the current account deficit stood at US$ 18.3 billion, against US$ 12.8 billion a year earlier.