Iceland vs Serbia: Goods and services expense

Iceland
300.99 billion current LCU
in 2023
Serbia
334.69 billion current LCU
in 2022
Iceland rank
43rd
Serbia rank
40th

Goods and services expense over time

  • Iceland
  • Serbia
0100.0B200.0B300.0B197219972023

How they compare

Serbia currently reports 334.69 billion current LCU against 300.99 billion current LCU in Iceland, a difference of 33.70 billion current LCU.

That makes Serbia's figure about 1.1 times Iceland's.

Across all 16 years both countries report, Serbia has been ahead every year.

Globally, Iceland ranks 43rd and Serbia ranks 40th 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.