Iceland vs Serbia: Goods and services expense (current LCU)
Goods and services expense (current LCU) over time
- Iceland
- Serbia
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.
Iceland ranks 43rd and Serbia ranks 40th of 155 countries.
Serbia has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Iceland | Serbia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 117.30 billion current LCU | 139.48 billion current LCU | 22.18 billion current LCU | Serbia |
| 2010s | 155.41 billion current LCU | 174.70 billion current LCU | 19.29 billion current LCU | Serbia |
| 2020s | 238.67 billion current LCU | 307.50 billion current LCU | 68.83 billion current LCU | Serbia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher goods and services expense, Iceland or Serbia?
- Serbia, at 334.69 billion current LCU against 300.99 billion current LCU in Iceland as of 2022.
- What is the difference in goods and services expense between Iceland and Serbia?
- 33.70 billion current LCU, with Serbia ahead.
- How many years of comparable data are there for Iceland and Serbia?
- 16 years are reported by both, from 2007 to 2022.
- How do Iceland and Serbia rank globally for goods and services expense?
- Iceland ranks 43rd and Serbia ranks 40th 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.