Statizoid

Iceland vs Saudi Arabia: Goods and services expense

Iceland
300.99 billion current LCU
in 2023
Saudi Arabia
313.02 billion current LCU
in 2024
Iceland rank
43rd
Saudi Arabia rank
42nd

Goods and services expense over time

  • Iceland
  • Saudi Arabia
0100.0B200.0B300.0B197219982024

How they compare

Saudi Arabia currently reports 313.02 billion current LCU against 300.99 billion current LCU in Iceland, a difference of 12.04 billion current LCU.

The two have swapped places 3 times across 14 shared years of data; in 2010 it was Iceland ahead.

Globally, Iceland ranks 43rd and Saudi Arabia ranks 42nd of 155 countries.

Individual pages

About this data

Indicator
Goods and services expense (current LCU)
Unit
current LCU
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
155 places, 4,479 data points, 1972–2024
Last refreshed

Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for account capital formation is excluded. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.