Iceland vs United Kingdom of Great Britain and Northern Ireland: Value Added (Manufacture of food and beverages) — Value Standard
Value Added (Manufacture of food and beverages) — Value Standard over time
- Iceland
- United Kingdom of Great Britain and Northern Ireland
How they compare
Iceland currently reports 111,737 million SLC against 36,293 million SLC in United Kingdom of Great Britain and Northern Ireland, a difference of 75,444 million SLC.
That makes Iceland's figure about 3.1 times United Kingdom of Great Britain and Northern Ireland's.
Across all 7 years both countries report, Iceland has been ahead every year.
Iceland ranks 21st and United Kingdom of Great Britain and Northern Ireland ranks 24th of 46 countries.
Iceland has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Iceland | United Kingdom of Great Britain and Northern Ireland | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 55,070 million SLC | 22,458 million SLC | 32,612 million SLC | Iceland |
| 2010s | 99,606 million SLC | 22,113 million SLC | 77,494 million SLC | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher value added (manufacture of food and beverages) — value standard, Iceland or United Kingdom of Great Britain and Northern Ireland?
- Iceland, at 111,737 million SLC against 36,293 million SLC in United Kingdom of Great Britain and Northern Ireland as of 2014.
- What is the difference in value added (manufacture of food and beverages) — value standard between Iceland and United Kingdom of Great Britain and Northern Ireland?
- 75,444 million SLC, with Iceland ahead.
- How many years of comparable data are there for Iceland and United Kingdom of Great Britain and Northern Ireland?
- 7 years are reported by both, from 2008 to 2014.
- How do Iceland and United Kingdom of Great Britain and Northern Ireland rank globally for value added (manufacture of food and beverages) — value standard?
- Iceland ranks 21st and United Kingdom of Great Britain and Northern Ireland ranks 24th of 46 countries.
- Where does this data come from?
- Food and Agriculture Organization of the United Nations, published as Value Added (Manufacture of food and beverages) — Value Standard Local Currency. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).