Ethiopia vs Iceland: Goods and services expense

Ethiopia
20.9%
in 2023
Iceland
21.5%
in 2023
Ethiopia rank
42nd
Iceland rank
39th

Goods and services expense over time

  • Ethiopia
  • Iceland
10203040197219972023

How they compare

Iceland currently reports 21.5% against 20.9% in Ethiopia, a difference of 0.6%.

The two have swapped places 11 times across 33 shared years of data; in 1990 it was Ethiopia ahead.

Ethiopia ranks 42nd and Iceland ranks 39th of 154 countries.

Across the 4 decades both report, Ethiopia averaged higher in 2 and Iceland in 2.

Head to head by decade

Decade Ethiopia Iceland Difference Ahead
1990s 34.1% 22.3% 11.8% Ethiopia
2000s 24.1% 22.0% 2.1% Ethiopia
2010s 18.8% 20.2% 1.5% Iceland
2020s 20.4% 20.6% 0.2% Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher goods and services expense, Ethiopia or Iceland?
Iceland, at 21.5% against 20.9% in Ethiopia as of 2023.
What is the difference in goods and services expense between Ethiopia and Iceland?
0.6%, with Iceland ahead.
How many years of comparable data are there for Ethiopia and Iceland?
33 years are reported by both, from 1990 to 2023.
How do Ethiopia and Iceland rank globally for goods and services expense?
Ethiopia ranks 42nd 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.

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Ethiopia vs Iceland: Goods and services expense. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 03 September 2026, from https://public-sector.statizoid.com/compare/goods-and-services-expense-percent-of-expense/ethiopia/iceland/

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About this data

Indicator
Goods and services expense (% of expense)
Unit
% of expense
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
195 places, 5,247 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 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.