Budget 2023: Current account deficit widens to $36bn; 4.4% of GDP
The current account deficit (CAD) widened to $36.4 billion in Q2 FY23, from $18.2 billion in Q1 of the fiscal.
india cad
January 2023
June 2022
April 2022
Current account deficit at three-year high of 1.38%: India Ratings
The rating agency expects the current account deficit to have moderated to $17.3 billion (1.96% of GDP) in the fourth quarter of FY22.
India's current account deficit at nine-year high
The current account deficit was at 2.7% of the GDP in the third quarter of financial year 2021-22.
