Iceland vs Serbia: Tax revenue (current LCU), per unit of GDP

Iceland
31.94 current LCU per US$ of GDP
in 2023
Serbia
26.68 current LCU per US$ of GDP
in 2022
Iceland rank
40th
Serbia rank
41st

Tax revenue (current LCU), per unit of GDP over time

  • Iceland
  • Serbia
010203040197219972023

How they compare

Iceland currently reports 31.94 current LCU per US$ of GDP against 26.68 current LCU per US$ of GDP in Serbia, a difference of 5.26 current LCU per US$ of GDP.

That makes Iceland's figure about 1.2 times Serbia's.

Across all 16 years both countries report, Iceland has been ahead every year.

Iceland ranks 40th and Serbia ranks 41st of 157 countries.

Iceland has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Iceland Serbia Difference Ahead
2000s 20.26 current LCU per US$ of GDP 12.11 current LCU per US$ of GDP 8.16 current LCU per US$ of GDP Iceland
2010s 27.99 current LCU per US$ of GDP 20 current LCU per US$ of GDP 7.99 current LCU per US$ of GDP Iceland
2020s 28.83 current LCU per US$ of GDP 23.12 current LCU per US$ of GDP 5.71 current LCU per US$ of GDP Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher tax revenue (current lcu), per unit of gdp, Iceland or Serbia?
Iceland, at 31.94 current LCU per US$ of GDP against 26.68 current LCU per US$ of GDP in Serbia as of 2023.
What is the difference in tax revenue (current lcu), per unit of gdp between Iceland and Serbia?
5.26 current LCU per US$ of GDP, with Iceland 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 tax revenue (current lcu), per unit of gdp?
Iceland ranks 40th and Serbia ranks 41st of 157 countries.
Where does this data come from?
Statizoid (derived), published as Tax revenue (current LCU), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Serbia: Tax revenue (current LCU), per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 10 September 2026, from https://public-sector.statizoid.com/compare/tax-revenue-current-lcu-per-unit-of-gdp/iceland/serbia/

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About this data

Indicator
Tax revenue (current LCU), per unit of GDP
Unit
current LCU per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
157 places, 4,680 data points, 1972–2024
Last refreshed

Tax revenue (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.