{"id":"worldbank.goods-and-services-expense-zs.isl.annual","dataset_id":"worldbank-goods-and-services-expense-zs","indicator":"goods-and-services-expense-zs","geography":"ISL","frequency":"annual","unit":"percent","start_period":"1972","end_period":"2023","org":"World Bank","original_indicator":"GC.XPN.GSRV.ZS","url":"https://api.worldbank.org/v2","retrieved_at":"2026-11-07T07:57:03+00:00","version":"1","geography_name":"Iceland","region":"Europe & Central Asia","observations":[{"period":"1972","value":11.5634218289086,"flags":""},{"period":"1973","value":10.7461476074615,"flags":""},{"period":"1974","value":10.2583025830258,"flags":""},{"period":"1975","value":10.7293127629734,"flags":""},{"period":"1976","value":13.1882576310793,"flags":""},{"period":"1977","value":11.7159044921085,"flags":""},{"period":"1978","value":11.4017062083567,"flags":""},{"period":"1979","value":11.0353728875086,"flags":""},{"period":"1980","value":12.5030340624073,"flags":""},{"period":"1981","value":12.4436000949893,"flags":""},{"period":"1987","value":24.7102075290844,"flags":""},{"period":"1988","value":22.8171615340698,"flags":""},{"period":"1989","value":21.0356328445644,"flags":""},{"period":"1990","value":22.461997803977,"flags":""},{"period":"1991","value":21.7635175947742,"flags":""},{"period":"1992","value":21.8893438224097,"flags":""},{"period":"1993","value":22.3776646194084,"flags":""},{"period":"1994","value":22.590874679256,"flags":""},{"period":"1995","value":22.7319662714544,"flags":""},{"period":"1996","value":22.5573228531937,"flags":""},{"period":"1997","value":23.0934057580975,"flags":""},{"period":"1998","value":20.7551542679897,"flags":""},{"period":"1999","value":22.7427462384899,"flags":""},{"period":"2000","value":24.2483344347452,"flags":""},{"period":"2001","value":23.8608114671615,"flags":""},{"period":"2002","value":24.0149573179737,"flags":""},{"period":"2003","value":23.2519269019171,"flags":""},{"period":"2004","value":24.1225392345233,"flags":""},{"period":"2005","value":22.8752187690518,"flags":""},{"period":"2006","value":23.1136989983294,"flags":""},{"period":"2007","value":22.8283893012068,"flags":""},{"period":"2008","value":15.0417775133413,"flags":""},{"period":"2009","value":18.8799877587252,"flags":""},{"period":"2010","value":20.3547649615078,"flags":""},{"period":"2011","value":20.0827280337579,"flags":""},{"period":"2012","value":20.5561558133961,"flags":""},{"period":"2013","value":20.5430306236837,"flags":""},{"period":"2014","value":19.9517545726658,"flags":""},{"period":"2015","value":20.2640757481596,"flags":""},{"period":"2016","value":17.8716497177647,"flags":""},{"period":"2017","value":20.4887972566273,"flags":""},{"period":"2018","value":21.0399039328884,"flags":""},{"period":"2019","value":21.1651152526914,"flags":""},{"period":"2020","value":19.2964570451313,"flags":""},{"period":"2021","value":20.9221084391942,"flags":""},{"period":"2022","value":20.6267935244261,"flags":""},{"period":"2023","value":21.4751187651315,"flags":""}],"indicator_name":"Goods and services expense (% of expense)","topic":"Public Sector","source":"worldbank","provenance":{"organization":"World Bank","original_indicator":"GC.XPN.GSRV.ZS","url":"https://api.worldbank.org/v2","retrieved_at":"2026-11-07T07:57:03+00:00","version":"1","license":"see source"}}