Iceland vs Russian Federation: Services, value added (current US$), annual growth rate

Iceland
17.85 % change on previous year
in 2025
Russian Federation
19.52 % change on previous year
in 2025
Iceland rank
20th
Russian Federation rank
17th

Services, value added (current US$), annual growth rate over time

  • Iceland
  • Russian Federation
-40-2002040199020072025

How they compare

Russian Federation currently reports 19.52 % change on previous year against 17.85 % change on previous year in Iceland, a difference of 1.67 % change on previous year.

That makes Russian Federation's figure about 1.1 times Iceland's.

The two have swapped places 13 times across 30 shared years of data; in 1996 it was Iceland ahead.

Iceland ranks 20th and Russian Federation ranks 17th of 204 countries.

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

Head to head by decade

Decade Iceland Russian Federation Difference Ahead
1990s 6.45 % change on previous year -15.58 % change on previous year 22.03 % change on previous year Iceland
2000s 7.08 % change on previous year 22.22 % change on previous year 15.14 % change on previous year Russian Federation
2010s 7.06 % change on previous year 5.15 % change on previous year 1.92 % change on previous year Iceland
2020s 8.04 % change on previous year 9.48 % change on previous year 1.43 % change on previous year Russian Federation

Averages of every year both report within each decade.

Frequently asked questions

Which has higher services, value added (current us$), annual growth rate, Iceland or Russian Federation?
Russian Federation, at 19.52 % change on previous year against 17.85 % change on previous year in Iceland as of 2025.
What is the difference in services, value added (current us$), annual growth rate between Iceland and Russian Federation?
1.67 % change on previous year, with Russian Federation ahead.
How many years of comparable data are there for Iceland and Russian Federation?
30 years are reported by both, from 1996 to 2025.
How do Iceland and Russian Federation rank globally for services, value added (current us$), annual growth rate?
Iceland ranks 20th and Russian Federation ranks 17th of 204 countries.
Where does this data come from?
Statizoid (derived), published as Services, value added (current US$), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Russian Federation: Services, value added (current US$), annual growth rate. Statizoid, drawing on Statizoid (derived). Retrieved 31 August 2026, from https://economy.statizoid.com/compare/services-value-added-current-us-annual-growth-rate/iceland/russian-federation/

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About this data

Indicator
Services, value added (current US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
252 places, 10,451 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Services, value added (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.