Quarterly government accounts, 1st quarter 2017

  • Statistical Series
  • 14 June 2017
  • Vol 102, Issue 12
  • ISSN: 1670-4770

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In the 1st quarter of 2017, the financial balance of the general government amounted to 17.6 billion ISK surplus or 3.1% of quarterly GDP and 6.7% of general government total revenue. This can be compared with 13.6 billion ISK in deficit in the 1st quarter 2016 or 2.5% of GDP in that quarter. This comparison is without the extraordinary revenue of 384.3 billion ISK due to the stability contribution in the 1st quarter 2016.

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