Publication detail
Quarterly government accounts, 1st quarter 2009
| In the 1st quarter of 2009, the financial balance of the general government amounted to 24 billion ISK in deficit or 6.9% of quarterly GDP and 15.7% of general government total revenue. This can be compared with a surplus of 5.5% of quarterly GDP and 10.9% of general government total revenue in the 1st quarter of 2008. This adverse deterioration between the 1st quarters 2008 and 2009 is due to both income reduction and large expenditure increase. |
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Issue date: 2009/06/08
Statistical Series Vol. 94 No. 37
ISSN: 1670-4657