India reported a current account deficit equivalent to 21.7 Billion USD in the first quarter of 2012. Historically, from 1949 until 2012, India Current Account averaged -1.17 Billion USD reaching an all time high of 7.36 Billion USD in March of 2004 and a record low of -21.70 Billion USD in March of 2012. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page includes a chart with historical data for India Current Account.