Iceland vs Saudi Arabia: Revenue, excluding grants

Iceland
1.38 trillion current LCU
in 2023
Saudi Arabia
1.26 trillion current LCU
in 2024
Iceland rank
53rd
Saudi Arabia rank
56th

Revenue, excluding grants over time

  • Iceland
  • Saudi Arabia
0500.0B1.0T1.5T197219982024

How they compare

Iceland currently reports 1.38 trillion current LCU against 1.26 trillion current LCU in Saudi Arabia, a difference of 116.10 billion current LCU.

That makes Iceland's figure about 1.1 times Saudi Arabia's.

The two have swapped places 5 times across 14 shared years of data; in 2010 it was Saudi Arabia ahead.

Iceland ranks 53rd and Saudi Arabia ranks 56th of 157 countries.

Across the 2 decades both report, Iceland averaged higher in 1 and Saudi Arabia in 1.

Head to head by decade

Decade Iceland Saudi Arabia Difference Ahead
2010s 785.24 billion current LCU 895.43 billion current LCU 110.19 billion current LCU Saudi Arabia
2020s 1.10 trillion current LCU 1.06 trillion current LCU 41.52 billion current LCU Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher revenue, excluding grants, Iceland or Saudi Arabia?
Iceland, at 1.38 trillion current LCU against 1.26 trillion current LCU in Saudi Arabia as of 2023.
What is the difference in revenue, excluding grants between Iceland and Saudi Arabia?
116.10 billion current LCU, with Iceland ahead.
How many years of comparable data are there for Iceland and Saudi Arabia?
14 years are reported by both, from 2010 to 2023.
How do Iceland and Saudi Arabia rank globally for revenue, excluding grants?
Iceland ranks 53rd and Saudi Arabia ranks 56th of 157 countries.
Where does this data come from?
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Revenue, excluding grants (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Saudi Arabia: Revenue, excluding grants. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 23 August 2026, from https://public-sector.statizoid.com/compare/revenue-excluding-grants-current-lcu/iceland/saudi-arabia/

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About this data

Indicator
Revenue, excluding grants (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
157 places, 4,686 data points, 1972–2024
Last refreshed

Revenue is an increase in net worth resulting from a transaction. Grants are excluded from this figure. 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.