{ "meta": { "dossier": "services-trade", "base": "as published (US$)", "source": "Reserve Bank of India (DBIE, via the local Data Bank)", "vintage": "2026-10-09", "mock": false, "geo": "IND", "releaseDate": null, "revisionPolicy": "Monthly figures are provisional and revised when the quarterly BoP is compiled; BoP quarters move from preliminary to partially revised. The latest version of each period is kept.", "frequency": "annual", "unit": "usd_mn", "latestPeriod": "2025-04", "coverage": "All India, services receipts and payments by the older RBI categories, financial years from 1950-51, US$ million; merchandise and all invisibles for context", "note": "RBI DBIE report 807 (Handbook of Statistics on the Indian Economy, invisibles by category of transactions). An older presentation than BPM6: 'Miscellaneous' holds software, business, financial and communication services, split out from 1992-93. Plotted at April of the financial year. Never joined to the BPM6 quarterly bundle. As published, the 1985-86 services row does not add up: receipts 3,316 less payments 2,124 is 1,192, but the net printed is 1,187 (US$ million); kept as published." }, "dates": [ "1950-04-01", "1951-04-01", "1952-04-01", "1953-04-01", "1954-04-01", "1955-04-01", "1956-04-01", "1957-04-01", "1958-04-01", "1959-04-01", "1960-04-01", "1961-04-01", "1962-04-01", "1963-04-01", "1964-04-01", "1965-04-01", "1966-04-01", "1967-04-01", "1968-04-01", "1969-04-01", "1970-04-01", "1971-04-01", "1972-04-01", "1973-04-01", "1974-04-01", "1975-04-01", "1976-04-01", "1977-04-01", "1978-04-01", "1979-04-01", "1980-04-01", "1981-04-01", "1982-04-01", "1983-04-01", "1984-04-01", "1985-04-01", "1986-04-01", "1987-04-01", "1988-04-01", "1989-04-01", "1990-04-01", "1991-04-01", "1992-04-01", "1993-04-01", "1994-04-01", "1995-04-01", "1996-04-01", "1997-04-01", "1998-04-01", "1999-04-01", "2000-04-01", "2001-04-01", "2002-04-01", "2003-04-01", "2004-04-01", "2005-04-01", "2006-04-01", "2007-04-01", "2008-04-01", "2009-04-01", "2010-04-01", "2011-04-01", "2012-04-01", "2013-04-01", "2014-04-01", "2015-04-01", "2016-04-01", "2017-04-01", "2018-04-01", "2019-04-01", "2020-04-01", "2021-04-01", "2022-04-01", "2023-04-01", "2024-04-01", "2025-04-01" ], "series": { "s1_1_credit": { "name": "invisibles_1_1_credit_usd_mn", "label": "Merchandise (goods), receipts", "code": "1.1", "flow": "credit", "color": "#A3A9B4", "unit": "usd_mn", "data": [ 1359, 1534, 1265, 1134, 1254, 1345, 1334, 1405, 1210, 1330, 1326, 1403, 1431, 1685, 1683, 1649, 1773, 1680, 1823, 1873, 1890, 2122, 2579, 2997, 4006, 4830, 5750, 6354, 6817, 7817, 8445, 8697, 9490, 9861, 10061, 9461, 10413, 12644, 14257, 16955, 18477, 18266, 18869, 22683, 26855, 32310, 34133, 35680, 34298, 37542, 45452, 44703, 53774, 66285, 85206, 105152, 128888, 166163, 189001.3, 182441.8, 256158.9, 309774, 306581.4, 318607.2, 316544.8, 266365.3, 280138, 308970.4, 337236.6, 320430.9, 296299.8, 429163.7, 456072.9, 441442.8, 442081.6, 446147.4 ] }, "s1_1_debit": { "name": "invisibles_1_1_debit_usd_mn", "label": "Merchandise (goods), payments", "code": "1.1", "flow": "debit", "color": "#A3A9B4", "unit": "usd_mn", "data": [ 1366, 2025, 1330, 1244, 1450, 1624, 2315, 2590, 2162, 1958, 2324, 2113, 2305, 2616, 2985, 2874, 3248, 2749, 2389, 2101, 2435, 2759, 2796, 3646, 5620, 6197, 6097, 7051, 9512, 12076, 16314, 15970, 16468, 16575, 15715, 17294, 17729, 19812, 23618, 24411, 27915, 21064, 24316, 26739, 35904, 43670, 48948, 51187, 47544, 55383, 57912, 56277, 64464, 80003, 118908, 157056, 190670, 257630, 308520.2, 300644.4, 383481.3, 499533, 502236.9, 466216.3, 461484.5, 396444.1, 392580.5, 469006.3, 517519.2, 477936.8, 398452.2, 618623, 721364, 686353.8, 729028.4, 783435.2 ] }, "s1_1_net": { "name": "invisibles_1_1_net_usd_mn", "label": "Merchandise (goods), net", "code": "1.1", "flow": "net", "color": "#A3A9B4", "unit": "usd_mn", "data": [ -7, -491, -65, -110, -196, -279, -981, -1185, -952, -628, -998, -710, -874, -931, -1302, -1225, 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114558, 148875, 167818.9, 163430.1, 190487.7, 219229.4, 224043.9, 233569, 241645.2, 235044.4, 242051.2, 283405.6, 306482.9, 321712.1, 307252.9, 369600, 465803.9, 501417, 576547.8, 631629.1 ] }, "s1_2_debit": { "name": "invisibles_1_2_debit_usd_mn", "label": "Invisibles, all, payments", "code": "1.2", "flow": "debit", "color": "#A3A9B4", "unit": "usd_mn", "data": [ 207, 229, 215, 191, 225, 246, 235, 247, 271, 297, 375, 427, 466, 489, 537, 575, 651, 588, 621, 669, 712, 764, 851, 809, 820, 935, 1119, 1222, 1476, 1858, 2118, 2249, 2724, 3185, 3697, 3469, 3715, 4839, 6182, 6883, 7706, 7882, 7413, 8422, 9874, 12217, 11209, 13236, 16562, 17169, 22473, 21763, 24890, 25707, 38301, 47685, 62341, 73145, 76214.4, 83408, 111218.2, 107625.4, 116551.1, 118256, 123564.1, 127116.3, 144025.5, 172086.9, 183456.7, 188862.5, 181188.1, 218906.3, 267567.6, 282616.8, 312660.7, 319706.1 ] }, "s1_2_net": { "name": "invisibles_1_2_net_usd_mn", "label": "Invisibles, all, net", "code": "1.2", "flow": "net", "color": "#A3A9B4", "unit": "usd_mn", "data": [ 86, 150, 194, 213, 209, 293, 324, 276, 262, 237, 173, 68, 131, 196, 316, 152, 98, -6, 20, -83, -49, -33, -187, 2093, 416, 1162, 1347, 2011, 2406, 3573, 5065, 4094, 3572, 3499, 3238, 2966, 2756, 2316, 1362, 615, -242, 1620, 1921, 2897, 5680, 5447, 10196, 10008, 9208, 13143, 9794, 14974, 17035, 27801, 31232, 42002, 52217, 75730, 91604.5, 80022.2, 79269.4, 111604, 107492.8, 115313.1, 118081.1, 107928.1, 98025.8, 111318.6, 123026.3, 132849.6, 126064.8, 150693.8, 198236.3, 218800.2, 263887.1, 311923 ] }, "s1_2_1_credit": { "name": "invisibles_1_2_1_credit_usd_mn", "label": "Services, all, receipts", "code": "1.2.1", "flow": "credit", "color": "#2E4BD8", "unit": "usd_mn", "data": [ 188, 244, 237, 219, 228, 245, 278, 276, 301, 307, 329, 287, 328, 389, 423, 322, 397, 342, 321, 297, 292, 314, 328, 398, 633, 874, 975, 1218, 1472, 1941, 2804, 2760, 2887, 3280, 3447, 3316, 3217, 3572, 3953, 4246, 4551, 5022, 4730, 5264, 6135, 7344, 7474, 9429, 13186, 15709, 16268, 17140, 20763, 26868, 43249, 57659, 73780, 90342, 105962.9, 96045.1, 124635.5, 142324.8, 145678, 151813, 158107.5, 154311.1, 164196.6, 195088.9, 208000.4, 213191, 206089.7, 254526.7, 325328.7, 341062.4, 387552.8, 421292.3 ] }, "s1_2_1_debit": { "name": "invisibles_1_2_1_debit_usd_mn", "label": "Services, all, payments", "code": "1.2.1", "flow": "debit", "color": "#A3A9B4", "unit": "usd_mn", "data": [ 129, 155, 145, 126, 126, 139, 151, 150, 159, 164, 209, 225, 240, 246, 228, 232, 246, 231, 235, 254, 281, 282, 268, 311, 365, 515, 691, 694, 891, 1262, 1507, 1696, 1884, 2192, 2350, 2124, 2222, 3027, 3224, 3523, 3571, 3815, 3601, 4730, 5533, 7544, 6748, 8110, 11021, 11645, 14576, 13816, 17120, 16724, 27823, 34489, 44311, 51490, 52046.9, 60029.4, 80554.9, 78227.2, 80763.3, 78747.4, 81578.3, 84634.7, 95852, 117527, 126059.5, 128268.9, 117524.5, 147011, 182046, 178310.8, 198716.9, 204677.5 ] }, "s1_2_1_net": { "name": "invisibles_1_2_1_net_usd_mn", "label": "Services, all, net", "code": "1.2.1", "flow": "net", "color": "#A3A9B4", "unit": "usd_mn", "data": [ 59, 89, 92, 93, 102, 106, 127, 126, 142, 143, 120, 62, 88, 143, 195, 90, 151, 111, 86, 43, 11, 32, 60, 87, 268, 359, 284, 524, 581, 679, 1297, 1064, 1003, 1089, 1097, 1187, 995, 545, 729, 723, 980, 1207, 1129, 534, 602, -200, 726, 1319, 2165, 4064, 1692, 3324, 3643, 10144, 15426, 23170, 29469, 38853, 53916, 36015.7, 44080.7, 64097.6, 64914.7, 73065.6, 76529.2, 69676.5, 68344.6, 77561.9, 81940.9, 84922.1, 88565.3, 107515.7, 143282.7, 162751.6, 188835.9, 216614.8 ] }, "s1_2_1_1_credit": { "name": "invisibles_1_2_1_1_credit_usd_mn", "label": "Travel, receipts", "code": "1.2.1.1", "flow": "credit", "color": "#A3A9B4", "unit": "usd_mn", "data": [ 11, 19, 19, 15, 19, 25, 32, 27, 25, 29, 32, 32, 34, 36, 38, 32, 29, 35, 36, 49, 49, 44, 50, 83, 129, 241, 308, 436, 516, 724, 1221, 1192, 1174, 1043, 756, 972, 1257, 1431, 1418, 1433, 1456, 1977, 2098, 2222, 2365, 2712, 2878, 2914, 2993, 3036, 3497, 3137, 3312, 5037, 6666, 7853, 9123, 11349, 10894.1, 11859.3, 15793.5, 18461.5, 17999.3, 17921.7, 20334.3, 21268, 23243.7, 28355.3, 28440.9, 29998.1, 8483.5, 9099.5, 27048.7, 33704.5, 34152.4, 31880.5 ] }, "s1_2_1_1_debit": { "name": "invisibles_1_2_1_1_debit_usd_mn", "label": "Travel, payments", "code": "1.2.1.1", "flow": "debit", "color": "#A3A9B4", "unit": "usd_mn", "data": [ 36, 46, 21, 27, 27, 25, 25, 15, 17, 21, 25, 23, 25, 23, 21, 23, 24, 20, 19, 20, 24, 26, 25, 22, 19, 25, 43, 52, 79, 109, 114, 161, 192, 234, 344, 336, 290, 376, 405, 403, 392, 465, 385, 497, 818, 1168, 858, 1437, 1743, 2139, 2804, 3014, 3341, 3602, 5249, 6638, 6684, 9258, 9425.4, 9342.6, 11025.6, 13762.2, 11823.2, 11809.8, 15306.3, 14791.8, 16451.3, 19516.2, 21703.5, 22010.9, 11507.4, 16272.2, 28446.6, 33700.6, 34843.4, 35768.1 ] }, "s1_2_1_1_net": { "name": "invisibles_1_2_1_1_net_usd_mn", "label": "Travel, net", "code": "1.2.1.1", "flow": "net", "color": "#A3A9B4", "unit": "usd_mn", "data": [ -25, -27, -2, -12, -8, null, 7, 12, 8, 8, 7, 9, 9, 13, 17, 9, 5, 15, 17, 29, 25, 18, 25, 61, 110, 216, 265, 384, 437, 615, 1107, 1030, 983, 809, 411, 635, 967, 1055, 1013, 1030, 1064, 1512, 1713, 1725, 1547, 1544, 2020, 1477, 1250, 897, 693, 123, -29, 1435, 1417, 1215, 2439, 2091, 1468.7, 2516.7, 4767.9, 4699.3, 6176, 6111.9, 5028, 6476.2, 6792.4, 8839.1, 6737.4, 7987.1, -3023.9, -7172.7, -1397.8, 3.9, -691, -3887.7 ], "gaps": [ "1955-04-01" ], "gapsNote": "The RBI's annual table has no entry for this item in this year." }, "s1_2_1_2_credit": { "name": "invisibles_1_2_1_2_credit_usd_mn", "label": "Transportation, receipts", "code": "1.2.1.2", "flow": "credit", "color": "#A3A9B4", "unit": "usd_mn", "data": [ 63, 86, 71, 69, 76, 80, 97, 99, 95, 95, 95, 101, 103, 120, 120, 113, 132, 125, 132, 136, 145, 149, 156, 185, 273, 296, 330, 328, 342, 398, 457, 445, 423, 426, 542, 494, 538, 680, 898, 907, 983, 939, 982, 1433, 1696, 2011, 1953, 1836, 1925, 1707, 2046, 2161, 2536, 3207, 4683, 6325, 7974, 10014, 11310.5, 11177.5, 14245.9, 18240.5, 17333.5, 17380, 17485.2, 14004, 15851.4, 17441.3, 19464.4, 20988, 21854.1, 32660, 36091.3, 29183.4, 33758.9, 31886.8 ] }, "s1_2_1_2_debit": { "name": "invisibles_1_2_1_2_debit_usd_mn", "label": "Transportation, payments", "code": "1.2.1.2", "flow": "debit", "color": "#A3A9B4", "unit": "usd_mn", "data": [ 19, 29, 44, 25, 23, 32, 34, 40, 38, 46, 53, 57, 59, 61, 67, 59, 75, 80, 87, 96, 105, 92, 92, 129, 166, 226, 277, 252, 287, 313, 450, 540, 726, 694, 772, 667, 585, 870, 1027, 1115, 1093, 1288, 1485, 1765, 1863, 2169, 2394, 2522, 2680, 2410, 3558, 3467, 3272, 2328, 4539, 8337, 8068, 11514, 12819.6, 11933.5, 13880.2, 16381.9, 14805.8, 14792.4, 16176.7, 15080.4, 14131.9, 17607.7, 20529.4, 24284.7, 19755.5, 35836.5, 40617.4, 29255.8, 35029, 33604.5 ] }, "s1_2_1_2_net": { "name": "invisibles_1_2_1_2_net_usd_mn", "label": "Transportation, net", "code": "1.2.1.2", "flow": "net", "color": "#A3A9B4", "unit": "usd_mn", "data": [ 44, 57, 27, 44, 53, 48, 63, 59, 57, 49, 42, 44, 44, 59, 53, 54, 57, 45, 45, 40, 40, 57, 64, 56, 107, 70, 53, 76, 55, 85, 7, -95, -303, -267, -231, -173, -47, -190, -129, -208, -110, -349, -503, -332, -167, -158, -441, -686, -755, -703, -1512, -1306, -736, 879, 144, -2012, -94, -1501, -1509.1, -756, 365.7, 1858.6, 2527.8, 2587.6, 1308.5, -1076.4, 1719.5, -166.3, -1065, -3296.6, 2098.7, -3176.5, -4526.1, -72.4, -1270.2, -1717.7 ] }, "s1_2_1_3_credit": { "name": "invisibles_1_2_1_3_credit_usd_mn", "label": "Insurance, receipts", "code": "1.2.1.3", "flow": "credit", "color": "#A3A9B4", "unit": "usd_mn", "data": [ 17, 21, 21, 17, 17, 21, 21, 19, 21, 17, 17, 15, 17, 17, 15, 25, 20, 17, 17, 17, 16, 18, 21, 26, 33, 41, 35, 41, 44, 57, 64, 61, 60, 110, 75, 64, 65, 81, 94, 119, 111, 108, 158, 124, 152, 179, 217, 240, 224, 231, 270, 288, 369, 419, 870, 1062, 1195, 1639, 1422.3, 1590.8, 1944.7, 2631.6, 2227.2, 2121.2, 2202.3, 2002.5, 2205.9, 2506.3, 2661.3, 2430.6, 2376, 3316.2, 3277.5, 3325.9, 3564.5, 3710.1 ] }, "s1_2_1_3_debit": { "name": "invisibles_1_2_1_3_debit_usd_mn", "label": "Insurance, payments", "code": "1.2.1.3", "flow": "debit", "color": "#A3A9B4", "unit": "usd_mn", "data": [ 6, 6, 8, 8, 8, 11, 15, 13, 11, 11, 13, 13, 11, 13, 11, 13, 8, 9, 12, 17, 16, 26, 16, 17, 17, 28, 33, 36, 45, 35, 43, 45, 72, 73, 71, 68, 80, 82, 66, 84, 88, 126, 146, 196, 181, 143, 153, 183, 112, 122, 223, 280, 350, 363, 722, 1116, 642, 1044, 1130.2, 1285, 1399.5, 1497.4, 1409.2, 1115.7, 1118.5, 1150.9, 1495.5, 1700.1, 1790.5, 1738.5, 2058.3, 2075.7, 2347, 2917.4, 3035.3, 2684.7 ] }, "s1_2_1_3_net": { "name": "invisibles_1_2_1_3_net_usd_mn", "label": "Insurance, net", "code": "1.2.1.3", "flow": "net", "color": "#A3A9B4", "unit": "usd_mn", "data": [ 11, 15, 13, 9, 9, 10, 6, 6, 10, 6, 4, 2, 6, 4, 4, 12, 12, 8, 5, null, null, -8, 5, 9, 16, 13, 2, 5, -1, 22, 21, 16, -11, 38, 4, -4, -15, -1, 28, 35, 23, -18, 12, -72, -29, 36, 64, 57, 112, 109, 47, 8, 19, 56, 148, -54, 553, 595, 292.1, 305.7, 545.2, 1134.2, 818, 1005.5, 1083.8, 851.6, 710.4, 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