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

Iceland: Food and Accommodation Away From Home (FAAFH) — Manufacture of food was 2,131 million LCU in 2015. ▲ Rising

Latest (2015)
2,131 million LCU
Change on year
down 18.1%
World rank
36th
of 64 countries
All-time high
2,602 million LCU
in 2014
All-time low
1,417 million LCU
in 2005
Years of data
11
2005–2015

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

01.0k2.0k3.0k2005201020152005: 1.4k million LCU2006: 1.6k million LCU2007: 2.0k million LCU2008: 1.9k million LCU2009: 1.7k million LCU2010: 2.0k million LCU2011: 2.0k million LCU2012: 2.2k million LCU2013: 2.4k million LCU2014: 2.6k million LCU2015: 2.1k million LCU

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

Analysis

Iceland recorded 2,131 million LCU for food and accommodation away from home (faafh) — manufacture of food in 2015.

That represents a change of down 18.1% on the previous year and up 50.4% over ten years.

Over the whole period, food and accommodation away from home (faafh) — manufacture of food in Iceland peaked at 2,602 million LCU in 2014 and was at its lowest, 1,417 million LCU, in 2005.

That places Iceland 36th out of 64 countries with data for 2015, putting it 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 — Primary Factors Total — Value Local Currency in Iceland, 2005 to 2015.
Year million LCU Change
2005 1,417 million LCU
2006 1,646 million LCU +16.1%
2007 2,006 million LCU +21.9%
2008 1,945 million LCU -3.0%
2009 1,727 million LCU -11.2%
2010 2,028 million LCU +17.4%
2011 1,990 million LCU -1.9%
2012 2,196 million LCU +10.4%
2013 2,379 million LCU +8.3%
2014 2,602 million LCU +9.4%
2015 2,131 million LCU -18.1%

Iceland compared with similar countries

  • Iceland's 2,131 million LCU is above the median for high income countries, which is 1,245 million LCU, 1.7× the median. (38 countries reporting)
  • Iceland's 2,131 million LCU is above the median for Europe & Central Asia, which is 825.02 million LCU, 2.6× the median. (29 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 1,748 million LCU 1,417 million LCU 2,006 million LCU 5
2010s 2,221 million LCU 1,990 million LCU 2,602 million LCU 6

Countries ranked near Iceland

  1. 33 United Kingdom of Great Britain and Northern Ireland 3,628 million LCU compare
  2. 34 Australia 2,832 million LCU compare
  3. 35 Peru 2,141 million LCU compare
  4. 37 Denmark 2,072 million LCU compare
  5. 38 Poland 1,900 million LCU compare
  6. 39 Morocco 1,828 million LCU compare

See the full ranking of 66 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 2,131 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 2,602 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 1,417 million LCU in 2005.
How does Iceland rank for food and accommodation away from home (faafh) — manufacture of food?
Iceland ranks 36th out of 64 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 50.4%. 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 — Primary Factors Total — 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 17 September 2026, from https://agriculture.statizoid.com/stat/food-and-accommodation-away-from-home-faafh-manufacture-of-food-beverages-and-tobacco-2/iceland/

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About this data

Indicator
Food and Accommodation Away From Home (FAAFH) — Manufacture of food, beverages and tobacco products — Primary Factors Total — 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
66 places, 728 data points, 2005–2021
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).