Publication detail
Quarterly government accounts, 2nd quarter 2012
| The financial balance (or net lending/borrowing) of the general government (i.e. the central government, the social security funds and the local governments) was 12.3 billion ISK in deficit in the 2nd quarter of 2012 or 2.9% of quarterly GDP and 6.7% of general government total revenue. This can be compared with 18.6 billion ISK in deficit in the 2nd quarter of 2011 or 4.7% of GDP in that quarter. The general government total revenue increased by 10% between the 2nd quarters of 2011 and 2012, or from 166.3 billion ISK to 183.4 billion ISK. |
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Issue date: 2012/09/10
Statistical Series Vol. 97 No. 30
ISSN: 1670-4657