Food and Accommodation Away From Home (FAAFH) — Total Industries in Iceland

Iceland: Food and Accommodation Away From Home (FAAFH) — Total Industries was 43.72 million USD in 2015. ▲ Rising

Latest (2015)
43.72 million USD
Change on year
down 1.9%
World rank
62nd
of 63 countries
All-time high
49.1 million USD
in 2007
All-time low
23.65 million USD
in 2009
Years of data
11
2005–2015

Food and Accommodation Away From Home (FAAFH) — Total Industries in Iceland, 2005–2015

010203040502005201020152005: 35.3 million USD2006: 39.7 million USD2007: 49.1 million USD2008: 36.4 million USD2009: 23.7 million USD2010: 30.5 million USD2011: 34.3 million USD2012: 36.3 million USD2013: 38.8 million USD2014: 44.5 million USD2015: 43.7 million USD

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

Analysis

Iceland recorded 43.72 million USD for food and accommodation away from home (faafh) — total industries in 2015.

The figure is down 1.9% on the previous year and up 23.7% over ten years.

Over the whole period, food and accommodation away from home (faafh) — total industries in Iceland peaked at 49.1 million USD in 2007 and was at its lowest, 23.65 million USD, in 2009.

Iceland ranks 62nd of 63 countries on this measure, in the bottom quarter.

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

Food and Accommodation Away From Home (FAAFH) — Total Industries in Iceland, year by year

Annual values for Food and Accommodation Away From Home (FAAFH) — Total Industries — Import — Value US$ in Iceland, 2005 to 2015.
Year million USD Change
2005 35.34 million USD
2006 39.67 million USD +12.2%
2007 49.1 million USD +23.8%
2008 36.4 million USD -25.9%
2009 23.65 million USD -35.0%
2010 30.51 million USD +29.0%
2011 34.34 million USD +12.6%
2012 36.32 million USD +5.8%
2013 38.8 million USD +6.8%
2014 44.54 million USD +14.8%
2015 43.72 million USD -1.9%

Averages by decade

DecadeAverage LowestHighest Years
2000s 36.83 million USD 23.65 million USD 49.1 million USD 5
2010s 38.04 million USD 30.51 million USD 44.54 million USD 6

Countries ranked near Iceland

  1. 59 Estonia 75.67 million USD compare
  2. 60 Latvia 65.04 million USD compare
  3. 61 Lithuania 44.16 million USD compare
  4. 63 Brunei Darussalam 6.61 million USD 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) — total industries in Iceland?
Food and accommodation away from home (faafh) — total industries in Iceland was 43.72 million USD in 2015, according to Food and Agriculture Organization of the United Nations.
What is the highest food and accommodation away from home (faafh) — total industries recorded in Iceland?
The highest recorded value was 49.1 million USD in 2007.
What is the lowest food and accommodation away from home (faafh) — total industries recorded in Iceland?
The lowest recorded value was 23.65 million USD in 2009.
How does Iceland rank for food and accommodation away from home (faafh) — total industries?
Iceland ranks 62nd out of 63 countries with data for 2015.
Is food and accommodation away from home (faafh) — total industries rising or falling in Iceland?
Over the last ten years it is up 23.7%. 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) — Total Industries — Import — Value US$. Statizoid updates them automatically from the source API.

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Food and Accommodation Away From Home (FAAFH) — Total Industries in Iceland. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 01 September 2026, from https://agriculture.statizoid.com/stat/food-and-accommodation-away-from-home-faafh-total-industries-import-value-us/iceland/

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About this data

Indicator
Food and Accommodation Away From Home (FAAFH) — Total Industries — Import — Value US$
Unit
million USD
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).