National accounts

Quarterly government accounts, 3rd quarter 2011

Quarterly government accounts, 3rd quarter 2011 In the 3rd quarter of 2011, the financial balance of the general government amounted to 19 billion ISK in deficit or 4.6% of the GDP in that quarter and 10.6% of general government total revenue. This can be compared with a deficit of 5.2% of GDP in the 3rd quarter of 2010. In the first nine months of 2011, the financial balance of the general government was 56 billion ISK in deficit or 4.7% of GDP, which can be compared with a deficit of 5.9% of GDP for the same period in 2010.

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