Iceland vs Serbia: Share of government consumption in GDP vs. share of population living in extreme poverty

Iceland
24.8%
in 2023
Serbia
24.9%
in 2023
Iceland rank
43rd
Serbia rank
40th

Share of government consumption in GDP vs. share of population living in extreme poverty over time

  • Iceland
  • Serbia
1015202530195019862023

How they compare

Serbia currently reports 24.9% against 24.8% in Iceland, a difference of 0.1%.

The two have swapped places 3 times across 34 shared years of data; in 1990 it was Iceland ahead.

Iceland ranks 43rd and Serbia ranks 40th of 184 countries.

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

Head to head by decade

Decade Iceland Serbia Difference Ahead
1990s 20.6% 19.6% 1.0% Iceland
2000s 22.7% 27.9% 5.2% Serbia
2010s 24.6% 27.9% 3.3% Serbia
2020s 26.5% 26.1% 0.4% Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher share of government consumption in gdp vs. share of population living in extreme poverty, Iceland or Serbia?
Serbia, at 24.9% against 24.8% in Iceland as of 2023.
What is the difference in share of government consumption in gdp vs. share of population living in extreme poverty between Iceland and Serbia?
0.1%, with Serbia ahead.
How many years of comparable data are there for Iceland and Serbia?
34 years are reported by both, from 1990 to 2023.
How do Iceland and Serbia rank globally for share of government consumption in gdp vs. share of population living in extreme poverty?
Iceland ranks 43rd and Serbia ranks 40th of 184 countries.
Where does this data come from?
Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data, published as Share of government consumption in GDP vs. share of population living in extreme poverty. Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

Share, cite or embed this page

Cite this page

Iceland vs Serbia: Share of government consumption in GDP vs. share of population living in extreme poverty. Statizoid, drawing on Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data. Retrieved 10 September 2026, from https://poverty.statizoid.com/compare/share-of-government-consumption-in-gdp-vs-share-in-extreme-poverty/iceland/serbia/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (Our World in Data); please keep the attribution.

<a href="https://poverty.statizoid.com/compare/share-of-government-consumption-in-gdp-vs-share-in-extreme-poverty/iceland/serbia/">Iceland vs Serbia: Share of government consumption in GDP vs. share of population living in extreme poverty</a> — Statizoid

About this data

Indicator
Share of government consumption in GDP vs. share of population living in extreme poverty
Unit
% of GDP
Source
Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
184 places, 10,907 data points, 1950–2023
Last refreshed

Government consumption divided by gross domestic product, expressed as a percentage.