India net capital account was at level of -59.6 million US dollars in 2022, down from -307 million US dollars previous year, this is a change of 80.63%.
The description is composed by our digital data assistant.Net capital account records acquisitions and disposals of non-produced non-financial assets, such as land sold to embassies and sales of leases and licenses, as well as capital transfers, including government debt forgiveness. The use of the term capital account in this context is designed to be consistent with the System of National Accounts, which distinguishes between capital transactions and financial transactions. Data are in current U.S. dollars.