Iceland vs Sri Lanka: Goods and services expense

Iceland
300.99 billion current LCU
in 2023
Sri Lanka
299.70 billion current LCU
in 2023
Iceland rank
43rd
Sri Lanka rank
44th

Goods and services expense over time

  • Iceland
  • Sri Lanka
0100.0B200.0B300.0B197219972023

How they compare

Iceland currently reports 300.99 billion current LCU against 299.70 billion current LCU in Sri Lanka, a difference of 1.28 billion current LCU.

The two have swapped places 8 times across 34 shared years of data; in 1990 it was Iceland ahead.

Iceland ranks 43rd and Sri Lanka ranks 44th of 155 countries.

Across the 4 decades both report, Iceland averaged higher in 3 and Sri Lanka in 1.

Head to head by decade

Decade Iceland Sri Lanka Difference Ahead
1990s 31.83 billion current LCU 30.07 billion current LCU 1.76 billion current LCU Iceland
2000s 83.13 billion current LCU 72.57 billion current LCU 10.56 billion current LCU Iceland
2010s 155.41 billion current LCU 156.00 billion current LCU 589.30 million current LCU Sri Lanka
2020s 254.25 billion current LCU 207.89 billion current LCU 46.36 billion current LCU Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher goods and services expense, Iceland or Sri Lanka?
Iceland, at 300.99 billion current LCU against 299.70 billion current LCU in Sri Lanka as of 2023.
What is the difference in goods and services expense between Iceland and Sri Lanka?
1.28 billion current LCU, with Iceland ahead.
How many years of comparable data are there for Iceland and Sri Lanka?
34 years are reported by both, from 1990 to 2023.
How do Iceland and Sri Lanka rank globally for goods and services expense?
Iceland ranks 43rd and Sri Lanka ranks 44th 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.

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Iceland vs Sri Lanka: Goods and services expense. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 18 August 2026, from https://public-sector.statizoid.com/compare/goods-and-services-expense-current-lcu/iceland/sri-lanka/

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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.