# The 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 the following into or out of the country:
- **Goods**
- **Services**
- **Income**
- **Current transfers**
The chart shows the current account balance as a percentage of GDP for **Germany** over a **23-year period from 2000 to 2022**.