Iceland vs Russia: Taxes less subsidies on products (constant LCU), annual growth rate

Iceland
1.28 % change on previous year
in 2025
Russia
1.43 % change on previous year
in 2025
Iceland rank
143rd
Russia rank
140th

Taxes less subsidies on products (constant LCU), annual growth rate over time

  • Iceland
  • Russia
0200400600199120082025

How they compare

Russia currently reports 1.43 % change on previous year against 1.28 % change on previous year in Iceland, a difference of 0.15 % change on previous year.

That makes Russia's figure about 1.1 times Iceland's.

The two have swapped places 7 times across 30 shared years of data; in 1996 it was Iceland ahead.

Iceland ranks 143rd and Russia ranks 140th of 188 countries.

Across the 4 decades both report, Iceland averaged higher in 3 and Russia in 1.

Head to head by decade

Decade Iceland Russia Difference Ahead
1990s 4.89 % change on previous year -0.7839 % change on previous year 5.67 % change on previous year Iceland
2000s 3.4 % change on previous year 6.44 % change on previous year 3.04 % change on previous year Russia
2010s 2.51 % change on previous year 1.86 % change on previous year 0.6548 % change on previous year Iceland
2020s 2.07 % change on previous year -1.87 % change on previous year 3.94 % change on previous year Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher taxes less subsidies on products (constant lcu), annual growth rate, Iceland or Russia?
Russia, at 1.43 % change on previous year against 1.28 % change on previous year in Iceland as of 2025.
What is the difference in taxes less subsidies on products (constant lcu), annual growth rate between Iceland and Russia?
0.15 % change on previous year, with Russia ahead.
How many years of comparable data are there for Iceland and Russia?
30 years are reported by both, from 1996 to 2025.
How do Iceland and Russia rank globally for taxes less subsidies on products (constant lcu), annual growth rate?
Iceland ranks 143rd and Russia ranks 140th of 188 countries.
Where does this data come from?
Statizoid (derived), published as Taxes less subsidies on products (constant LCU), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Russia: Taxes less subsidies on products (constant LCU), annual growth rate. Statizoid, drawing on Statizoid (derived). Retrieved 23 September 2026, from https://economy.statizoid.com/compare/taxes-less-subsidies-on-products-constant-lcu-annual-growth-rate/iceland/russian-federation/

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About this data

Indicator
Taxes less subsidies on products (constant LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
188 places, 7,126 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Taxes less subsidies on products (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.