Iceland vs Serbia: Transfer dependency method 2, Ratio of net transfers to own revenue

Iceland
-0.4641
in 2020
Serbia
-0.4928
in 2020
Iceland rank
49th
Serbia rank
51st

Transfer dependency method 2, Ratio of net transfers to own revenue over time

  • Iceland
  • Serbia
-0.6-0.4-0.2-0199020052020

How they compare

Iceland currently reports -0.4641 against -0.4928 in Serbia, a difference of 0.0287.

Across all 14 years both countries report, Iceland has been ahead every year.

Iceland ranks 49th and Serbia ranks 51st of 66 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 -0.2359 -0.3621 0.1262 Iceland
2010s -0.2774 -0.4659 0.1885 Iceland
2020s -0.4641 -0.4928 0.0287 Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher transfer dependency method 2, ratio of net transfers to own revenue, Iceland or Serbia?
Iceland, at -0.4641 against -0.4928 in Serbia as of 2020.
What is the difference in transfer dependency method 2, ratio of net transfers to own revenue between Iceland and Serbia?
0.0287, with Iceland ahead.
How many years of comparable data are there for Iceland and Serbia?
14 years are reported by both, from 2007 to 2020.
How do Iceland and Serbia rank globally for transfer dependency method 2, ratio of net transfers to own revenue?
Iceland ranks 49th and Serbia ranks 51st of 66 countries.
Where does this data come from?
International Monetary Fund, published as Transfer dependency method 2, Ratio of net transfers to own revenue, Percent (Central government). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Serbia: Transfer dependency method 2, Ratio of net transfers to own revenue. Statizoid, drawing on International Monetary Fund. Retrieved 12 September 2026, from https://public-sector.statizoid.com/compare/transfer-dependency-method-2-ratio-of-net-transfers-to-own-revenue-percent-central/iceland/serbia/

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About this data

Indicator
Transfer dependency method 2, Ratio of net transfers to own revenue, Percent (Central government)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
66 places, 1,149 data points, 1989–2020
Last refreshed

The Fiscal Decentralization dataset includes fiscal decentralization indicators for a sample of IMF member countries. The following indicators are included in the dataset: Revenue and Expenditure Decentralization Shares; Transfer dependency and Vertical Fiscal Imbalances; Deficit and Debt; Allocation of expenditure (economic classification); Allocation of expenditure (functional classification); Allocation of non-Tax Revenues; and Allocation of Taxes.