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.

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