Burkina Faso vs Iceland: Goods and services expense
Goods and services expense over time
- Burkina Faso
- Iceland
How they compare
Burkina Faso currently reports 313.60 billion current LCU against 300.99 billion current LCU in Iceland, a difference of 12.61 billion current LCU.
The two have swapped places 3 times across 22 shared years of data; in 2002 it was Burkina Faso ahead.
Burkina Faso ranks 41st and Iceland ranks 43rd of 155 countries.
Across the 3 decades both report, Burkina Faso averaged higher in 1 and Iceland in 2.
Head to head by decade
| Decade | Burkina Faso | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 78.58 billion current LCU | 90.53 billion current LCU | 11.95 billion current LCU | Iceland |
| 2010s | 167.09 billion current LCU | 155.41 billion current LCU | 11.68 billion current LCU | Burkina Faso |
| 2020s | 214.56 billion current LCU | 254.25 billion current LCU | 39.69 billion current LCU | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher goods and services expense, Burkina Faso or Iceland?
- Burkina Faso, at 313.60 billion current LCU against 300.99 billion current LCU in Iceland as of 2024.
- What is the difference in goods and services expense between Burkina Faso and Iceland?
- 12.61 billion current LCU, with Burkina Faso ahead.
- How many years of comparable data are there for Burkina Faso and Iceland?
- 22 years are reported by both, from 2002 to 2023.
- How do Burkina Faso and Iceland rank globally for goods and services expense?
- Burkina Faso ranks 41st and Iceland ranks 43rd of 155 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Goods and services expense (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
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.