Mumbai, March 2 India's current account deficit (CAD) increased to USD 13.2 billion, or 1.3 per cent of GDP, in the December quarter, compared to USD 11.3 billion (1.1 per cent of GDP) in the previous year, mainly due to a larger trade deficit, according to data released by the Reserve Bank of India (RBI) on Monday.
However, the current account deficit moderated to USD 30.1 billion (1 per cent of GDP) in April-December 2025, from USD 36.6 billion (1.3 per cent of GDP) in the same period a year ago.
"India's current account deficit increased to USD 13.2 billion (1.3 per cent of GDP) in Q3:2025-26 from USD 11.3 billion (1.1 per cent of GDP) in Q3:2024-25," the RBI's data on Developments in India's Balance of Payments stated.
The merchandise trade deficit of USD 93.6 billion in the quarter was higher than USD 79.3 billion in the same period a year ago.
Net service receipts increased to USD 57.5 billion during the period, compared to USD 51.2 billion a year ago, according to the Reserve Bank of India (RBI).
