Land Area
Russia
17,098,246 km²
Largest
Iceland
103,000 km²
0.6% of largest
Russia is 166.00× larger than Iceland
Population
Russia
LARGEST
145.9M
PEOPLE
Iceland
0.2% OF LARGEST
364.13K
PEOPLE
Russia has 400.68× the population of Iceland
GDP
Russia
LARGEST
$2.24T
Iceland
1.1% OF LARGEST
$25.5B
Armed Forces
Active Personnel
Russia
LARGEST
900K
TROOPS
Iceland
0.0% OF LARGEST
250
TROOPS
Russia has 3600.00× the active personnel of Iceland
Air Force
Russia
LARGEST
4.17K
AIRCRAFT
Iceland
0.1% OF LARGEST
6
AIRCRAFT
Russia has 695.50× the aircraft of Iceland
Naval Assets
Russia
Iceland
Wealth
Gold Reserves
Russia
LARGEST
2,332.8
Metric Tonnes
Iceland
0.1% OF LARGEST
2.0
Metric Tonnes
Foreign-Exchange Reserves
Russia
LARGEST
$413B
Reserves · excl. gold
Iceland
1.5% OF LARGEST
$6B
Reserves · excl. gold
Billionaires
Russia
MOST
120
billionaires
Iceland
—
Oil
Proven Reserves
Russia
LARGEST
80
Billion barrels
Production & Consumption
Russia
NET EXPORTER
Production
10.8M b/d
Consumption
3.7M b/d
+7.1M b/d net
Trade (Import/Export)
Iceland
$14.1B
Exports
$14.1B
Imports
$14.5B
Trade Balance
$-0.4B
Trade Deficit
Russia
$476.4B
Exports
$476.4B
Imports
$382.4B
Trade Balance
+$94.0B
Trade Surplus
Drinks per Person
Coffee
kg / person / yr
Iceland
supply
Russia
consumption
Tea
kg / person / yr
Russia
consumption
Iceland
supply
Beer
litres / person / yr
Iceland
supply
Russia
consumption
Wine
litres / person / yr
Iceland
supply
Russia
consumption
Alcohol
litres pure alcohol / person / yr
Russia
consumption
Iceland
consumption
Smoking
% of adults 15+ who smoke
Russia
Iceland
Per-capita — consumption where available, else FAOSTAT supply · alcohol = litres of pure alcohol; smoking = % of adults 15+ (WHO)
Olympic Medals
Russia
192
Gold
164
Silver
184
Bronze
540
Total Medals
☀ Summer: 422
❄ Winter: 118
Iceland
0
Gold
2
Silver
2
Bronze
4
Total Medals
☀ Summer: 4
❄ Winter: 0
Religious Demographics
Religious Distribution
Religious Composition by Country
Iceland
Russia
Age Demographics
Median Age
Russia
39.2
YEARS
10
30
50
70
Iceland
37.8
YEARS
10
30
50
70
Age Distribution
Population breakdown by age bracket (percentage)
Demographic Insights
Age Gap
Russia is 1.4 years older (median) than Iceland
Youth Population
Iceland has the highest youth population at 39.7% (under 30)
Elderly Population
Russia has the highest elderly population at 22% (60+)
Global Statistics
| Metric |
Iceland
|
Russia
|
|---|---|---|
| Travel & Mobility | ||
| Passport Power visa-free destinations | — |
119
|
| Tourist Arrivals per year | — |
24.4M
|
| Culture & Prestige | ||
| Nobel Laureates all-time | — |
32
|
| 3-Michelin-Star Restaurants current guide | — |
0
|
Figures as of 2026. Sources: IMF, EIA/OPEC, Henley Passport Index, UNWTO, Forbes, Michelin Guide, Nobel Foundation.
Cost of Living
|
Metric
All indices use New York City as base (100)
Lower values indicate lower costs.
|
Iceland
|
Russia
|
|---|---|---|
| Cost of Living Index |
|
|
| Rent Index |
|
|
| Groceries Index |
|
|
| Restaurant Price Index |
|
|
| Local Purchasing Power |
|
|
| Common Expenses Comparison | ||
| Meal at Inexpensive Restaurant (USD) | $25 | $8 |
| Three-Course Meal for 2 (USD) | $100 | $35 |
| Monthly Rent - City Center (USD) | $1,800 | $600 |
| Monthly Rent - Outside Center (USD) | $1,400 | $400 |
| Monthly Utilities (USD) | $180 | $85 |
| Internet (60 Mbps, USD) | $60 | $12 |
| Monthly Public Transport Pass (USD) | $55 | $25 |
Historical Data
Basic Information
| Metric | Iceland | Russia |
|---|---|---|
| Population | 364134 | 145900000 |
| Area (sq km) | 103000 | 17098246 |
| Capital | Reykjavik | Moscow |
| Official Language | Icelandic | Russian |
| Currency | Icelandic Króna (ISK) | Russian Ruble (RUB) |
| Government Type | Unitary parliamentary republic | Federal semi-presidential republic |
Military Strength
| Metric | Iceland | Russia |
|---|---|---|
| Active Personnel | 250 | 900,000 |
| Reserve Personnel | 0 | 2,000,000 |
| Total Military Personnel | 250 | 3,350,000 |
| Defense Budget (USD) | $45,000,000 | $154,000,000,000 |
| Tanks | 0 | 12,420 |
| Armored Vehicles | 0 | 30,122 |
| Self-Propelled Artillery | 0 | 6,574 |
| Towed Artillery | 0 | 7,571 |
| Rocket Projectors | 0 | 3,391 |
Economy
| Metric | Iceland | Russia |
|---|---|---|
| GDP (USD) | $25,500,000,000 | $2,240,400,000,000 |
| GDP Per Capita (USD) | $70,000 | $15,357 |
| Unemployment Rate (%) | 3.7% | 4.9% |
| GINI Index (Income Inequality) | 26.1 | 37.5 |
| Currency | Icelandic Króna (ISK) | Russian Ruble (RUB) |
| Direct Currency Comparison (1 unit of row currency equals X units of column currency) | ||
| Iceland Currency | 1.00 (Same) | 1.6879 Stronger |
| Russia Currency | 0.5925 Weaker | 1.00 (Same) |
| USD Base Exchange Rates (All calculations use USD as the base currency) | ||
| Currency | ISK | RUB |
| 1 USD equals | 126.8730 ISK Updated: 2026-06-27 | 75.1676 RUB Updated: 2026-06-27 |
Interesting Comparisons & Trivia
Did You Know?
Russia is 166.0 times larger in area than Iceland.
That's a massive difference!
Russia has 400.7 times more people than Iceland.
Iceland has the highest GDP per capita at $70,000 among the selected countries.
Russia has the largest economy with a GDP of
$2.24 trillion.
Russia has the largest active military personnel with 900,000 troops.
Russia has the largest air force with 4,173 aircraft.
Russia has the largest navy with 605 vessels.
Russia Fact: Russia spans 11 time zones, more than any other country in the world.
Iceland vs Russia: Key Comparisons
Economy: Russia's GDP of $2.2T is 87.9x larger than Iceland's $26B — both among the world's largest economies.
Population: Russia's population of 146M is 400.7x larger than Iceland's 364,134.
Area: Russia covers 17,098,246 km², making it 166.0x larger than Iceland.
Military: Russia fields 900Thousand active troops vs Iceland's 250.
Trade: Iceland has a trade deficit of $0B while Russia runs a trade surplus of $94B.
Life Expectancy: Iceland leads with a life expectancy of 83 years vs Russia's 73.
Data compiled from World Bank, IMF, Global Firepower, SIPRI, Numbeo, and Pew Research.
Last updated June 2026.
Sources & methodology