Three different satellite‐tracked drifting buoy data sets are compiled and used to generate a monthly climatology of surface currents in the tropical Indian Ocean. Buoys were deployed between 1975 and 1987. The data density is maximum on and near the equator and decreases poleward. Drift characteristics of the different buoy configurations are compared using a structure function analysis. The differences in windage effects are consistent with the buoy designs and small compared with the signals studied. The currents in the tropical Indian Ocean during boreal winter and spring can be characterized as two counterrotating gyres. A southern clockwise rotating gyre bounded on the south by the South Equatorial Current (SEC) and on the north during winter by the Equatorial Countercurrent (ECC) and during spring by the Equatorial Jet (EJ). A northern counterclockwise rotating gyre is bounded on the south by the ECC and EJ, depending on season, and on the north by the North Equatorial Current (NEC). The two gyre systems break down during boreal summer. During this season, the SEC is located closer to the equator, and the NEC is replaced by the eastward flowing Indian Monsoon Current (IMC). The western boundary circulation becomes more complicated from late spring through early autumn with the observation of two intense smaller scale gyres. The large‐scale southern gyre reappears during boreal autumn with the reappearance of the EJ. The northern gyre begins to reappear in December, with the reversal of the IMC and the reappearance of the NEC. The monthly buoy speeds are compared with a monthly climatology generated from ship drift reports. Differences between the two climatologies are in general small except in regions of few trajectories. The annual cycles in amplitudes and phases of the major currents in the region are thus comparable.