{"id":"worldbank.goods-and-services-expense.isl.annual","dataset_id":"worldbank-goods-and-services-expense","indicator":"goods-and-services-expense","geography":"ISL","frequency":"annual","unit":"current LCU","start_period":"1972","end_period":"2023","org":"World Bank","original_indicator":"GC.XPN.GSRV.CN","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":19600000.0,"flags":""},{"period":"1973","value":26500000.0,"flags":""},{"period":"1974","value":41700000.0,"flags":""},{"period":"1975","value":61200000.0,"flags":""},{"period":"1976","value":90300000.0,"flags":""},{"period":"1977","value":115800000.0,"flags":""},{"period":"1978","value":183100000.0,"flags":""},{"period":"1979","value":273600000.0,"flags":""},{"period":"1980","value":463600000.0,"flags":""},{"period":"1981","value":733600000.0,"flags":""},{"period":"1987","value":14101300000.0,"flags":""},{"period":"1988","value":17864400000.0,"flags":""},{"period":"1989","value":21336800000.0,"flags":""},{"period":"1990","value":24916600000.0,"flags":""},{"period":"1991","value":27203200000.0,"flags":""},{"period":"1992","value":27735900000.0,"flags":""},{"period":"1993","value":28525100000.0,"flags":""},{"period":"1994","value":30347700000.0,"flags":""},{"period":"1995","value":31679200000.0,"flags":""},{"period":"1996","value":33324700000.0,"flags":""},{"period":"1997","value":33722700000.0,"flags":""},{"period":"1998","value":36702700000.0,"flags":""},{"period":"1999","value":44153700000.0,"flags":""},{"period":"2000","value":50489300000.0,"flags":""},{"period":"2001","value":56610683057.2231,"flags":""},{"period":"2002","value":62444481038.2634,"flags":""},{"period":"2003","value":65111966376.2576,"flags":""},{"period":"2004","value":71425551284.0046,"flags":""},{"period":"2005","value":80874140348.5765,"flags":""},{"period":"2006","value":92475935900.6481,"flags":""},{"period":"2007","value":102488492799.649,"flags":""},{"period":"2008","value":121503328141.789,"flags":""},{"period":"2009","value":127907523986.119,"flags":""},{"period":"2010","value":129890110050.157,"flags":""},{"period":"2011","value":136306399822.901,"flags":""},{"period":"2012","value":140600731588.577,"flags":""},{"period":"2013","value":140277804706.325,"flags":""},{"period":"2014","value":142921558597.081,"flags":""},{"period":"2015","value":150833412715.355,"flags":""},{"period":"2016","value":159325224660.12,"flags":""},{"period":"2017","value":170242023068.795,"flags":""},{"period":"2018","value":184690428513.617,"flags":""},{"period":"2019","value":199000834876.7,"flags":""},{"period":"2020","value":209326021838.782,"flags":""},{"period":"2021","value":241640894617.903,"flags":""},{"period":"2022","value":265041770505.523,"flags":""},{"period":"2023","value":300984857970.623,"flags":""}],"indicator_name":"Goods and services expense (current LCU)","topic":"Public Sector","source":"worldbank","provenance":{"organization":"World Bank","original_indicator":"GC.XPN.GSRV.CN","url":"https://api.worldbank.org/v2","retrieved_at":"2026-11-07T07:57:03+00:00","version":"1","license":"see source"}}