Food and Accommodation Away From Home (FAAFH) — Agriculture, Forestry in Iceland

Iceland: Food and Accommodation Away From Home (FAAFH) — Agriculture, Forestry was 254.51 million LCU in 2015. ▲ Rising

Latest (2015)
254.51 million LCU
Change on year
down 11.8%
World rank
14th
of 63 countries
All-time high
288.44 million LCU
in 2014
All-time low
99.82 million LCU
in 2009
Years of data
11
2005–2015

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

1001502002503002005201020152005: 143 million LCU2006: 189.5 million LCU2007: 171.5 million LCU2008: 158.2 million LCU2009: 99.8 million LCU2010: 149.1 million LCU2011: 153.6 million LCU2012: 207.8 million LCU2013: 234 million LCU2014: 288.4 million LCU2015: 254.5 million LCU

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

Analysis

The most recent figure for food and accommodation away from home (faafh) — agriculture, forestry in Iceland is 254.51 million LCU, measured in 2015.

The figure is down 11.8% on the previous year and up 78.0% over ten years.

Over the whole period, food and accommodation away from home (faafh) — agriculture, forestry in Iceland peaked at 288.44 million LCU in 2014 and was at its lowest, 99.82 million LCU, in 2009.

That places Iceland 14th out of 63 countries with data for 2015, putting it in the top quarter.

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

Food and Accommodation Away From Home (FAAFH) — Agriculture, Forestry in Iceland, year by year

Annual values for Food and Accommodation Away From Home (FAAFH) — Agriculture, Forestry and Fishing — Taxes — Value Local Currency in Iceland, 2005 to 2015.
Year million LCU Change
2005 142.96 million LCU
2006 189.54 million LCU +32.6%
2007 171.51 million LCU -9.5%
2008 158.19 million LCU -7.8%
2009 99.82 million LCU -36.9%
2010 149.14 million LCU +49.4%
2011 153.63 million LCU +3.0%
2012 207.85 million LCU +35.3%
2013 233.98 million LCU +12.6%
2014 288.44 million LCU +23.3%
2015 254.51 million LCU -11.8%

Iceland compared with similar countries

  • Iceland's 254.51 million LCU is above the median for high income countries, which is -1.39 million LCU. (38 countries reporting)
  • Iceland's 254.51 million LCU is above the median for Europe & Central Asia, which is -3.73 million LCU. (29 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 152.4 million LCU 99.82 million LCU 189.54 million LCU 5
2010s 214.59 million LCU 149.14 million LCU 288.44 million LCU 6

Countries ranked near Iceland

  1. 11 Philippines 1,136 million LCU compare
  2. 12 Thailand 1,042 million LCU compare
  3. 13 Brazil 644.82 million LCU compare
  4. 15 Israel 251.26 million LCU compare
  5. 16 Mexico 193.33 million LCU compare
  6. 17 Kazakhstan 182.11 million LCU compare

See the full ranking of 65 places →

More environment data for Iceland

All data for Iceland →

Frequently asked questions

What is food and accommodation away from home (faafh) — agriculture, forestry in Iceland?
Food and accommodation away from home (faafh) — agriculture, forestry in Iceland was 254.51 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) — agriculture, forestry recorded in Iceland?
The highest recorded value was 288.44 million LCU in 2014.
What is the lowest food and accommodation away from home (faafh) — agriculture, forestry recorded in Iceland?
The lowest recorded value was 99.82 million LCU in 2009.
How does Iceland rank for food and accommodation away from home (faafh) — agriculture, forestry?
Iceland ranks 14th out of 63 countries with data for 2015.
Is food and accommodation away from home (faafh) — agriculture, forestry rising or falling in Iceland?
Over the last ten years it is up 78.0%. 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) — Agriculture, Forestry and Fishing — Taxes — Value Local Currency. Statizoid updates them automatically from the source API.

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Food and Accommodation Away From Home (FAAFH) — Agriculture, Forestry in Iceland. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 14 September 2026, from https://environment.statizoid.com/stat/food-and-accommodation-away-from-home-faafh-agriculture-forestry-and-fishing-taxes-value/iceland/

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About this data

Indicator
Food and Accommodation Away From Home (FAAFH) — Agriculture, Forestry and Fishing — 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).