home
docs

Iceland Goods and services expense (current LCU) 2026: Interactive Chart & Historical Data

Goods and services expense (current LCU) in Iceland stood at 301 billion in 2023, according to World Bank. The latest value is up 14% from 265 billion in 2022. Ten years earlier, in 2013, the value was 140.3 billion (up 115% since). The latest value is the highest since 1972; the lowest was 19.6 million in 1972. Iceland ranked 29th highest of the 109 countries in this dataset in 2023; South Korea ranked first.

Data source: World Bank · Category: Macroeconomics · Explore more indicators on EconDash

Data updated:Last checked:Frequency:AnnualCoverage:1972–2024

Key facts

What is the latest Goods and services expense (current LCU) in Iceland?

Goods and services expense (current LCU) in Iceland stood at 301 billion in 2023, according to World Bank.

Is Goods and services expense (current LCU) in Iceland rising or falling?

The latest value is up 14% from 265 billion in 2022. Ten years earlier, in 2013, the value was 140.3 billion (up 115% since).

How does Iceland rank for Goods and services expense (current LCU)?

Iceland ranked 29th highest of the 109 countries in this dataset in 2023; South Korea ranked first.

What is the highest Goods and services expense (current LCU) on record in Iceland?

The latest value is the highest since 1972; the lowest was 19.6 million in 1972.

Metadata for Goods and services expense (current LCU) in Iceland
IndicatorGoods and services expense (current LCU)
CountryIceland
CategoryMacroeconomics
SourceWorld Bank
Interactive chartView on EconDash
API accessEconDash API documentation

Latest value: 301 billion (2023)

Loading chart...

Source:World Bank — series GC.XPN.GSRV.CN
License:CC BY 4.0
Cite this chart
APA

World Bank. (2026). Goods and services expense (current LCU) — Iceland [Data set]. Retrieved November 13, 2026, from EconDash: https://econdash.org/chart/wdi-gc-xpn-gsrv-cn/ISL. Original source: https://data.worldbank.org/indicator/GC.XPN.GSRV.CN

MLA

World Bank. "Goods and services expense (current LCU) — Iceland." EconDash, 2026, https://econdash.org/chart/wdi-gc-xpn-gsrv-cn/ISL. Accessed 13 Nov. 2026. Original source: https://data.worldbank.org/indicator/GC.XPN.GSRV.CN.

Chicago

World Bank. 2026. "Goods and services expense (current LCU) — Iceland." EconDash. Accessed November 13, 2026. https://econdash.org/chart/wdi-gc-xpn-gsrv-cn/ISL. Original source: https://data.worldbank.org/indicator/GC.XPN.GSRV.CN.

BibTeX
@misc{econdash_wdi_gc_xpn_gsrv_cn_isl,
  author = {{World Bank}},
  title = {{Goods and services expense (current LCU) --- Iceland}},
  howpublished = {EconDash},
  year = {2026},
  url = {https://econdash.org/chart/wdi-gc-xpn-gsrv-cn/ISL},
  note = {Accessed: 2026-11-13. Original source: https://data.worldbank.org/indicator/GC.XPN.GSRV.CN}
}