Dominican Republic vs Iceland: Goods and services expense
Goods and services expense over time
- Dominican Republic
- Iceland
How they compare
Iceland currently reports 300.99 billion current LCU against 260.06 billion current LCU in Dominican Republic, a difference of 40.93 billion current LCU.
That makes Iceland's figure about 1.2 times Dominican Republic's.
The two have swapped places 1 time across 47 shared years of data; in 1972 it was Dominican Republic ahead.
Dominican Republic ranks 46th and Iceland ranks 43rd of 155 countries.
Iceland has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Dominican Republic | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 64.49 million current LCU | 101.47 million current LCU | 36.99 million current LCU | Iceland |
| 1980s | 343.38 million current LCU | 10.90 billion current LCU | 10.56 billion current LCU | Iceland |
| 1990s | 2.74 billion current LCU | 31.83 billion current LCU | 29.09 billion current LCU | Iceland |
| 2000s | 22.75 billion current LCU | 83.13 billion current LCU | 60.38 billion current LCU | Iceland |
| 2010s | 86.56 billion current LCU | 155.41 billion current LCU | 68.84 billion current LCU | Iceland |
| 2020s | 185.68 billion current LCU | 254.25 billion current LCU | 68.57 billion current LCU | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher goods and services expense, Dominican Republic or Iceland?
- Iceland, at 300.99 billion current LCU against 260.06 billion current LCU in Dominican Republic as of 2023.
- What is the difference in goods and services expense between Dominican Republic and Iceland?
- 40.93 billion current LCU, with Iceland ahead.
- How many years of comparable data are there for Dominican Republic and Iceland?
- 47 years are reported by both, from 1972 to 2023.
- How do Dominican Republic and Iceland rank globally for goods and services expense?
- Dominican Republic ranks 46th 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.