India: Trade balance, percent of GDP

(measure: percent; source: The World Bank)

India: Trade balance as percent of GDP

: For that indicator, The World Bank provides data for India from 1960 to 2016. The average value for India during that period was -1.83 percent with a minumum of -6.72 percent in 2012 and a maximum of 0.57 percent in 1976. See the global rankings for that indicator or use the country comparator to compare trends over time.
From:
To:
Download as:
API


The trade balance for India and other countries is calculated as the difference between the exports and imports of goods and services, as percent of GDP. A positive number means trade surplus and a negative number means trade deficit.

Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services).