Current account deficit projected at 2.3% of GDP by FY27
after close1 source ↓written by the desknot a recommendation
- in FY27
- 2.3% of GDP
- in FY26
- 0.9%
- this fiscal year
- $65 billion
- last year
- $35 billion
India's current account deficit is expected to widen to 2.3% of GDP in FY27 from 0.9% in FY26, according to a foreign brokerage. The balance of payments deficit is forecasted to reach $65 billion this fiscal year, up from $35 billion last year. This shift reflects rising crude prices and other economic factors.
Not investment advice. For informational purposes only.