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India’s current account deficit is projected at 1% of GDP in 2026, down from 2.2% in 2025, driven by lower oil prices and strong remittances.
India’s current account deficit is projected to average 1% of GDP in fiscal 2026, up from 0.6% in 2025, but remain manageable due to lower crude oil prices, a services trade surplus, and strong remittance inflows.
The CAD narrowed to 1.3% of GDP in the second quarter of 2026, down from 2.2% the prior year, as oil prices are expected to average $60–65 per barrel.
The government aims to reduce its fiscal deficit to 4.4% of GDP in 2026, with planned borrowing of ₹14.7 lakh crore, though the deficit reached 52.6% of the annual target by October amid lower tax revenues and higher capital spending.
Crisil attributes ongoing macroeconomic stability to supportive external conditions and cautious fiscal management.
El déficit de la cuenta corriente de la India se proyecta en el 1% del PIB en 2026, por debajo del 2,2% en 2025, impulsado por los precios más bajos del petróleo y las fuertes remesas.