Bahamas vs Iceland: Goods and services expense
Bahamas
21.6%
in 2023
Iceland
21.5%
in 2023
Bahamas rank
38th
Iceland rank
39th
Goods and services expense over time
- Bahamas
- Iceland
How they compare
Bahamas currently reports 21.6% against 21.5% in Iceland, a difference of 0.1%.
The two have swapped places 11 times across 34 shared years of data; in 1990 it was Iceland ahead.
Bahamas ranks 38th and Iceland ranks 39th of 154 countries.
Across the 4 decades both report, Bahamas averaged higher in 2 and Iceland in 2.
Head to head by decade
| Decade | Bahamas | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 20.7% | 22.3% | 1.6% | Iceland |
| 2000s | 21.1% | 22.2% | 1.2% | Iceland |
| 2010s | 21.7% | 20.2% | 1.4% | Bahamas |
| 2020s | 21.0% | 20.6% | 0.4% | Bahamas |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher goods and services expense, Bahamas or Iceland?
- Bahamas, at 21.6% against 21.5% in Iceland as of 2023.
- What is the difference in goods and services expense between Bahamas and Iceland?
- 0.1%, with Bahamas ahead.
- How many years of comparable data are there for Bahamas and Iceland?
- 34 years are reported by both, from 1990 to 2023.
- How do Bahamas and Iceland rank globally for goods and services expense?
- Bahamas ranks 38th and Iceland ranks 39th of 154 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Goods and services expense (% of expense). 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 own account capital formation is excluded. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.