India's Current Account. Use the following balance of payments data for India from the IMF: What is India's balance on services for years 2007, 2009, and 2013? C The balance on services for year 2007 is (in millions) S. (Round to the nearest integer and enter any deficit with a negative sign.) The balance on services for year 2009 is (in millions) S. (Round to the nearest integer and enter any deficit with a negative sign.) The balance on services for year 2013 is (in millions) S. (Round to the nearest integer and enter any deficit with a negative sign.) Data table (Click on the icon to import the table into a spreadsheet.) India's Current Account Assumptions (millions USD) 2009 2010 2012 Goods: exports Goods: imports Balance on goods Services: credit 38,281 -35,641 Services: debit 2004 2005 2006 2007 2008 2011 2013 77,939 102,175 123,876 153,530 199,065 167,958 230,967 307,847 298,321 319,110 -95,539 -134,692 -166,572 -208,611 -291,740 -247,908 -324,320 -428,021 -450,249 -433,760 -17,600 -32,517 -42,696 -55,081 -92.675 -79,950 -93,353 -120,174 -151,928 -114,650 52,527 69,440 86,552 106,054 92,889 117,068 138,528 145,525 148,649 -47,287 -58,514 -70,175 -87,739 -80,349 -114,739 -125,041 -129,659 -126,256 5,241 10,926 16,377 18,315 12,540 2,329 13,487 15,866 22,393 5,646 8,199 12,650 15,593 13,733 9,961 10,147 9,899 11,230 -19,166 -20,958 -21,272 -25,563 -26,191 -30,742 -6,245 -6,516 -5,365 -15,602 -20,843 30,015 38,885 52,065 Balance on services 2,640 Income: credit 4,690 Income: debit -8,742 -12,296 -14,445 -33,013 Balance on income -4,052 -16,044 -21,783 -6,650 24,512 -7,539 50,526 Current transfers: credit 20,615 54,380 62,735 68,611 69,441 Current transfers: debit -869 -1,742 -3,313 -1,764 -2,270 -2,523 -3,176 -4,626 -822 Balance on current transfers 19,793 Note: The IMF has recently adjusted their line item nomenclature. Exports are all now noted as credits, imports as debits. -1,299 28,716 23,643 37,143 48,752 48,762 52,110 60,212 65,435 64,815 Print Done Q 2014 329,633 -415,529 -85,895 156,252 -137,597 18,656 11,004 -36,818 -25,815 69,786 -4,183 65,603 X
