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releaseRBIWednesday, 15 July 2026

Developments in India’s Balance of Payments for the Month of May 2026

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Policy framework or directive — a strategic document setting direction, principles, and objectives for governance. Guides the design of schemes, legislation, and implementation strategies.

Summary

Preliminary data on India's balance of payments (BoP) for May 2026 are presented in the following table. Major Items of India's Balance of Payments (US$ billion) Item May 2025 PR May 2026 P April-May 2025 PR April-May 2026 P A. Current Account (Net) [A.1 to A.4] 0.7 -2.0 -4.1 2.8 A.1 Merchandise (Net) [a-b] -22.6 -27.9 -49.7 -55.9         a. Exports 38.7 46.1 77.4 90.7         b. Imports 61.3 74.0 127.1 146.5 A.2 Ser

Key Facts

TypeRelease
SourceReserve Bank of India
PublishedWednesday, 15 July 2026
Affected Population63 million MSMEs, export-import community

Key Numbers

Merchandise exports: $437 billion (2024-25)
FDI inflow: $71 billion (2024-25)
PLI scheme: Rs 1.97 lakh crore across 14 sectors
Rs 15,000 crore for Digital India initiatives

Key Authorities

Ministry of Commerce & IndustryDPIITDGFTMinistry of Electronics & ITTRAI

Key Stakeholders

ExportersImportersMSMEsInternet UsersTech CompaniesStartups

Government Context

NDA IIIBJP-led NDA
Centre-Right
LeftCentreRight

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