Inde Compte Courant

India posted a current account surplus of $13.5 billion in the final three months of the 2025 fiscal year, the widest since the September quarter of 2020, and contrasting with market expectations of a soft surplus of $8 billion. The data reflected an increase in the services surplus ($53.3 billion vs $42.7 billion in March quarter 2024) amid strong exports in major categories such as business services and computer services, and a wider secondary surplus ($31.5 billion vs $28.7 billion). In the meantime, the primary deficit narrowed ($-11.9 billion vs $-14.8 billion). These offset a wider goods deficit ($59.8 billion vs $52 billion).