Quarterly government accounts, 4th quarter 2014
In the 4th quarter of 2014, the financial balance of the general government (i.e. the central government, the social security funds and the local governments) amounted to a deficit of 7.7 billion ISK or 1.5% of the GDP in that quarter. This can be compared with a 15.3 billion ISK deficit in the 4th quarter of 2013, or 3.2% of GDP of that quarter.
