# The Current Account Balance (% of GDP)
The **Current Account Balance (% of GDP)** is an economic indicator that expresses a country's **current account balance** as a percentage of its **Gross Domestic Product (GDP)**.
- The **current account balance** is a crucial component of a country's **balance of payments**, reflecting the **net flow of goods, services, income, and current transfers** into or out of the country.
- The chart shows the rates of the **current account balance as a percentage of GDP** for the **United States** over a **23-year period** from **2000 to 2022**.