Quarterly government accounts, 4th quarter 2015
In the 4th quarter of 2015, the financial balance of the general government (i.e. the central government, the social security funds and the local governments) amounted to 15 billion ISK in surplus or 2.7% of quarterly GDP and 5.7% of general government total revenue. This can be compared to 5 billion ISK deficit in the 4th quarter of 2014. In 2015, the the financial balance of the general government amounted to a 10.7 billion ISK deficit or 1.2% of the total revenue.