TABLE 6.2
                 Ratios of selected items of the Balance of Payments
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Item\Years	                  1980-81	 1985-86 1990-91  1991-92 1992-93 1993-94 1994-95 1995-96	1996-97*
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1.	Exports/Imports (%)	   51.8	          54.7	   66.2	   86.7	   81.2	   90.5	   84.3	    78.4	88.2**
2.	Current account deficit	   2804	          4867	   9680	   1178	   3526	   1158	   2634	    5434	4860 
	(US$ million)
3.	Current account/GDP (%)	   -1.6	          -2.3	   -3.2	   -0.4	   -1.8	   -0.5	   -0.9	    -1.7	-1.4 
4.	ECB/TC (%)	           12.6	          22.2	   26.8	   30.6	   -8.4	    6.1	   13.6	    21.0	n.a. 
5.	NRI deposits/TC (%)	   11.3	          33.7	   18.3	    6.1	   47.0	   12.0	   10.7	    37.6	n.a. 
6. 	External assistance/TC (%) 70.4	          31.9	   26.3	   63.9	   43.7	   19.0	   18.9	    31.0	n.a. 
7.	External Debt (End of
	period) (US$ million)	  23500		 37350	  83801	  85285	  90023	  92695	  99008	   92199	n.a. 
8.	External Debt/GDP (%)	   14.3	          17.5	   30.4	   41.0	   39.8	   35.9	   32.7	    28.7	n.a. 
9. 	Debt service payments	   10.2	          18.7	   35.3	   30.2	   28.6	   26.9	   27.5	    25.7	25.1 
	as a % of current receipts
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* Projections;   ** Based on DGCI&S trade data for April-December 1996.

Notes:	(i)	TC:  Total capital flows (net).
	(ii)	GDP: Gross domestic product at current market prices.
	(iii)	ECB: External Commercial Borrowings.
	(iv)	NA: Not Available
	(v)	As total capital flows are netted after taking into account some capital outflows, the ratios against item no.  4,5 and 6 may in some years add up to more than 100 per cent.
	(vi)	Data for 1980-81 and 1985-86 against items 7, 8 and 9 do not include defence and short-term credits related debt service payments and some others owing to the non-availability of data for these years.
	(vii)	Rupee equivalents of BOP components are used to arrive at GDP ratios.

From the database of Ministry of Finance disseminated on Internet through NICNET