# 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**
- **current transfers**
into or out of the country.
The chart shows the current account balance as a percentage of GDP for **Japan** over a **23-year period**, from **2000 to 2022**.