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India's Current Account. Use the following balance of payments data for India from the IMF:. What is India's balance on goods, services and income for
India's Current Account. Use the following balance of payments data for India from the IMF:. What is India's balance on goods, services and income for years 2007, 2010, and 2011? (Click on theicon to import the table into a spreadsheet.) India's Current Account Assumptions (millions USD) Goods: exports Goods: imports 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 77,939 102,175 123,876 153,530 199,065 167,958 230,967 307,847298,321 319,110 329,633 95,539-134,692 166,572 208,611 -291,740 247,908 324,320 428,021 -450,249 433,760 -415,529 -79,950 Balance on goods Services: credit Services: debit -17,600 -32,517 -42,696-55,081 38,281 35,64147,2 -85,895 92,889 117,068 138,528 145,525148,649156,252 125,041 -129,659 126,256 -137,597 18,656 92,675 93,353120, 174 -151,928 114,650 69,440 -47,287 -58,514 10,926 52,527 86,552106,054 70,175 87,739 -80,349-114,739 12,540 13,733 21,272 Balance on services 2,640 2,329 13,487 15,593 20,958 5,365 52,065 15,866 9,899 30,742 20,843 68,611 22,393 11,230 33,013 21,783 69,441 4,626 Income: credit Income: debit 4,690 5,646 12,296 12,650 19,166 6,516 38,885 14,445 Balance on income Current transfers: credit Current transfers: debit 8,742 20,615 19,793 25,563 15,602 54,380 2,270 26,191 16,044 62,735 2,523 60,212 36,818 25,815 69.786 7,539 30,015 1,299 28,716 50,526 1,764 48,762 -822 -869 23,643 Balance on current transfers 37,143 48,752 65,435 65,603 Note: The IMF has recently adjusted their line item nomenclature. Exports are all now noted as credits, imports as debits
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