Iceland vs Serbia: Taxes less subsidies on products (constant LCU), per unit of GDP
Iceland
9.12 constant LCU per US$ of GDP
in 2025
Serbia
11.7 constant LCU per US$ of GDP
in 2025
Iceland rank
44th
Serbia rank
42nd
Taxes less subsidies on products (constant LCU), per unit of GDP over time
- Iceland
- Serbia
How they compare
Serbia currently reports 11.7 constant LCU per US$ of GDP against 9.12 constant LCU per US$ of GDP in Iceland, a difference of 2.58 constant LCU per US$ of GDP.
That makes Serbia's figure about 1.3 times Iceland's.
The two have swapped places 2 times across 31 shared years of data; in 1995 it was Serbia ahead.
Iceland ranks 44th and Serbia ranks 42nd of 189 countries.
Serbia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Iceland | Serbia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 19.96 constant LCU per US$ of GDP | 21.8 constant LCU per US$ of GDP | 1.85 constant LCU per US$ of GDP | Serbia |
| 2000s | 16.9 constant LCU per US$ of GDP | 32.84 constant LCU per US$ of GDP | 15.94 constant LCU per US$ of GDP | Serbia |
| 2010s | 14.44 constant LCU per US$ of GDP | 20.11 constant LCU per US$ of GDP | 5.67 constant LCU per US$ of GDP | Serbia |
| 2020s | 11.2 constant LCU per US$ of GDP | 14.62 constant LCU per US$ of GDP | 3.42 constant LCU per US$ of GDP | Serbia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes less subsidies on products (constant lcu), per unit of gdp, Iceland or Serbia?
- Serbia, at 11.7 constant LCU per US$ of GDP against 9.12 constant LCU per US$ of GDP in Iceland as of 2025.
- What is the difference in taxes less subsidies on products (constant lcu), per unit of gdp between Iceland and Serbia?
- 2.58 constant LCU per US$ of GDP, with Serbia ahead.
- How many years of comparable data are there for Iceland and Serbia?
- 31 years are reported by both, from 1995 to 2025.
- How do Iceland and Serbia rank globally for taxes less subsidies on products (constant lcu), per unit of gdp?
- Iceland ranks 44th and Serbia ranks 42nd of 189 countries.
- Where does this data come from?
- Statizoid (derived), published as Taxes less subsidies on products (constant LCU), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Taxes less subsidies on products (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.