# Current Account Balance (% of GDP)
- **The Current Account Balance (% of GDP)** is an economic indicator that represents a country's current account balance as a percentage of its **Gross Domestic Product (GDP)**.
- This balance is a vital 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 **current account balance as a percentage of GDP** for **Israel** over a **23-year period from 2000 to 2022**.