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of <h1>India posts USD 13.5 billion current account surplus in Q4FY25, marking turnaround from previous quarter deficit</h1> India recorded a current account surplus of USD 13.5 billion in Q4FY25, representing 1.3% of GDP, compared to USD 4.6 billion surplus in the same quarter previous year. This marked a significant improvement from the USD 11.3 billion deficit in the preceding quarter. For the full fiscal year 2024-25, the current account deficit narrowed to USD 23.3 billion from USD 26 billion in 2023-24, primarily due to higher net invisibles receipts. Merchandise trade deficit increased to USD 59.5 billion in Q4, while net services receipts rose to USD 53.3 billion, driven by growth in business and computer services exports.
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