# 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 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 **China** over a **23-year period**, from **2000 to 2022**.