| Attribute |
Italy × | 
Iceland × |
| Geography | | |
| Area (km²) | 301,340 | 103,000 |
| Continent | Europe | Europe |
| Land area (km²) | 294,140 | 100,250 |
| Water area (km²) | 7,200 | 2,750 |
| Land boundaries (km) | 1836.4 | 0 |
| Border countries | - Austria
- France
- Holy See
- San Marino
- Slovenia
- Switzerland
| - |
| Coastline (km) | 7,600 | 4,970 |
| Mean elevation (m) | 538 | 557 |
| Lowest point (m) | 0 | 0 |
| Highest point (m) | 4,748 | 2,110 |
| People | | |
| Population | 62,402,659 | 350,734 |
| Official languages | | Array of values |
| Religion | Christian | Evangelical Lutheran Church of Iceland |
| Government | | |
| Long country name | Italian Republic | Republic of Iceland |
| Short country name | Italy | Iceland |
| Long local name | Repubblica Italiana | Lydveldid Island |
| Short local name | Italia | Island |
| Former name | | - |
| Government type | Parliamentary republic | Unitary parliamentary republic |
| Capital | Rome | Reykjavik |
| Economy | | |
| GDP (PPP) (USD) | 2,317,000,000,000 | 18,180,000,000 |
| GDP (OER) (USD) | 1,939,000,000,000 | 24,480,000,000 |
| GDP (real growth rate) (%) | 1.5 | 4 |
| GDP - per capita (PPP) (USD) | 38,200 | 52,200 |
| Gross national saving (% of GDP) | 20.3 | 25.8 |
| Labor force | 25,940,000 | 198,700 |
| Unemployment rate (%) | 11.3 | 2.8 |
| Population below poverty line (%) | 29.9 | - |
| Budget revenues (USD) | 903,300,000,000 | 10,390,000,000 |
| Budget expenditures (USD) | 948,100,000,000 | 10,020,000,000 |
| Military expenditures (% of GDP) | 1.22 | 0.3 |
| Taxes and other revenues (% of GDP) | 46.6 | 42.4 |
| Budget surplus or deficit (% of GDP) | -2.3 | 1.5 |
| Public debt (% of GDP) | 131.8 | 40 |
| Inflation rate (%) | 1.3 | 1.8 |
| Central bank discount rate (%) | 0.25 | 5.4 |
| Commercial bank prime lending rate (%) | 3 | 7.26 |
| Stock of narrow money (USD) | 1,347,000,000,000 | 4,945,000,000 |
| Stock of broad money (USD) | 1,347,000,000,000 | 4,945,000,000 |
| Stock of domestic credit (USD) | 3,422,000,000,000 | 24,510,000,000 |
| Market value of publicly traded shares (USD) | 587,300,000,000 | 2,825,000,000 |
| Current account balance (USD) | 53,420,000,000 | 857,000,000 |
| Exports (USD) | 496,300,000,000 | 4,957,000,000 |
| Imports (USD) | 432,900,000,000 | 6,525,000,000 |
| Reserves of foreign exchange and gold (USD) | 151,200,000,000 | 6,567,000,000 |
| External debt (USD) | 2,444,000,000,000 | 21,700,000,000 |
| National currency | euros | Icelandic kronur |
| National currency (code) | EUR | ISK |
| National currency (symbol) | € | kr |
| National currency rate to USD | 0.885 | 111.7 |