Quarterly government accounts, 1st quarter 2015

  • Statistical Series
  • 09. June 2015
  • Vol 100, Issue 20
  • ISSN: 1670-4665

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In the 1st 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 14.9 billion ISK in surplus or 2.9% of quarterly GDP and 6.9% of general government total revenue. This can be compared with 10.1 billion ISK in surplus in the 1st quarter of 2014 or 2.2% of GDP in that quarter.

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