Food and Accommodation Away From Home (FAAFH) — Manufacture of food in Iceland

Iceland: Food and Accommodation Away From Home (FAAFH) — Manufacture of food was 218.53 million LCU in 2015. ▲ Rising

Latest (2015)
218.53 million LCU
Change on year
down 22.5%
World rank
27th
of 63 countries
All-time high
282.06 million LCU
in 2014
All-time low
175.14 million LCU
in 2009
Years of data
11
2005–2015

Food and Accommodation Away From Home (FAAFH) — Manufacture of food in Iceland, 2005–2015

01002003002005201020152005: 203.9 million LCU2006: 220.2 million LCU2007: 264.2 million LCU2008: 209.2 million LCU2009: 175.1 million LCU2010: 205.7 million LCU2011: 191.8 million LCU2012: 220.5 million LCU2013: 229.1 million LCU2014: 282.1 million LCU2015: 218.5 million LCU

Source: Food and Agriculture Organization of the United Nations. Measured in million LCU.

Analysis

In 2015, food and accommodation away from home (faafh) — manufacture of food in Iceland stood at 218.53 million LCU.

Compared with earlier readings it is down 22.5% on the previous year and up 7.2% over ten years.

Over the whole period, food and accommodation away from home (faafh) — manufacture of food in Iceland peaked at 282.06 million LCU in 2014 and was at its lowest, 175.14 million LCU, in 2009.

Iceland ranks 27th of 63 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 11 years of available data.

Food and Accommodation Away From Home (FAAFH) — Manufacture of food in Iceland, year by year

Annual values for Food and Accommodation Away From Home (FAAFH) — Manufacture of food, beverages and tobacco products — Taxes — Value Local Currency in Iceland, 2005 to 2015.
Year million LCU Change
2005 203.87 million LCU
2006 220.18 million LCU +8.0%
2007 264.19 million LCU +20.0%
2008 209.17 million LCU -20.8%
2009 175.14 million LCU -16.3%
2010 205.72 million LCU +17.5%
2011 191.79 million LCU -6.8%
2012 220.5 million LCU +15.0%
2013 229.14 million LCU +3.9%
2014 282.06 million LCU +23.1%
2015 218.53 million LCU -22.5%

Iceland compared with similar countries

  • Iceland's 218.53 million LCU is above the median for high income countries, which is 49.11 million LCU, 4.5× the median. (38 countries reporting)
  • Iceland's 218.53 million LCU is above the median for Europe & Central Asia, which is 43.09 million LCU, 5.1× the median. (29 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 214.51 million LCU 175.14 million LCU 264.19 million LCU 5
2010s 224.62 million LCU 191.79 million LCU 282.06 million LCU 6

Countries ranked near Iceland

  1. 24 Australia 246.42 million LCU compare
  2. 25 France 236.78 million LCU compare
  3. 26 Canada 219.28 million LCU compare
  4. 28 T�rkiye 216.98 million LCU compare
  5. 29 Norway 193.01 million LCU compare
  6. 30 South Africa 185.3 million LCU compare

See the full ranking of 65 places →

More agriculture & rural data for Iceland

All data for Iceland →

Frequently asked questions

What is food and accommodation away from home (faafh) — manufacture of food in Iceland?
Food and accommodation away from home (faafh) — manufacture of food in Iceland was 218.53 million LCU in 2015, according to Food and Agriculture Organization of the United Nations.
What is the highest food and accommodation away from home (faafh) — manufacture of food recorded in Iceland?
The highest recorded value was 282.06 million LCU in 2014.
What is the lowest food and accommodation away from home (faafh) — manufacture of food recorded in Iceland?
The lowest recorded value was 175.14 million LCU in 2009.
How does Iceland rank for food and accommodation away from home (faafh) — manufacture of food?
Iceland ranks 27th out of 63 countries with data for 2015.
Is food and accommodation away from home (faafh) — manufacture of food rising or falling in Iceland?
Over the last ten years it is up 7.2%. The long-run trend across the full record is rising.
Where does this Iceland data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Food and Accommodation Away From Home (FAAFH) — Manufacture of food, beverages and tobacco products — Taxes — Value Local Currency. Statizoid updates them automatically from the source API.

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Food and Accommodation Away From Home (FAAFH) — Manufacture of food in Iceland. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 18 September 2026, from https://agriculture.statizoid.com/stat/food-and-accommodation-away-from-home-faafh-manufacture-of-food-beverages-and-tobacco-14/iceland/

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About this data

Indicator
Food and Accommodation Away From Home (FAAFH) — Manufacture of food, beverages and tobacco products — Taxes — Value Local Currency
Unit
million LCU
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
65 places, 716 data points, 2005–2020
Last refreshed

This domain contains data on three food value measures, namely: (1) Food At Home (FAH); (2) Food and Tobacco at Home (FTAH); (3) Food and Accommodation Away From Home (FAAFH), disaggregated by four primary factors (Operating Surplus, Labor, Taxes, Imports) and by five food value chain industries (Agriculture, Forestry and Fishing; Manufacture of food, beverages and tobacco products; Transportation and storage; Wholesale and retail trade; Accommodation and food service activities). The three food value measures differ for the bundle of goods and services they account for. In particular, the FAH refers to domestic expenditures of personal consumption for food consumed at home, at purchaser prices. The FTAH measure is similar in its target, but it refers to a broader set of economic goods, inclusive of tobacco, as food and tobacco expenditures are not always separable in the original data. On the other side, the FAAFH refers to domestic expenditures of personal consumption for food consumed away from home (e.g. in restaurants), at purchaser prices, and it also includes expenditures for accommodation in all the cases where the two types of expenditures were not separable in the original data. The values of industry decomposition measure the food production value-added distribution across different industries and factors involved in the agri-food value chain. All these estimates are based on Leontief Input Ouput modeling and Industry reduction method. The Food Value Chain domain aims to supply informaiton relevant for the SDG 12 - sustainable consumption and production patterns, SDG 2 - zero hunger and SDG 1 - no poverty, that constitue guiding SDGs in the FAO Strategic Framework 2022-2031 and its better production pillar. More in general they may inform national, regional and global food policy, including measures in the World Food Summit framework. Data are collected from national Supply and Use Tables (SUTs) and Industry by Industry Input Output tables (IOTs), via OECD database or NSOs. All input data are in line with the System of National Accounts (SNA) and main international classifications and standards related to environmental-economic accounting (respectively the System of Environmental-Economic Accounting for Agriculture, Forestry and Fisheries, SEEA AFF, and the International Standard Industrial Classification of All Economic Activities, ISIC).