Quarterly government accounts, 2nd quarter 2011

  • Statistical Series
  • 09. September 2011
  • Vol 96, Issue 48
  • ISSN: 1670-4665

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The financial balance (or net lending/borrowing) of the general government was 23.6 billion ISK in deficit in the 2nd quarter of 2011 or 5.9% of quarterly GDP and 14.4% of general government total revenue. The outcome improved a little compared to the 2nd quarter 2010 but is worse than the 1st quarter 2011 when it was 17 billion ISK in deficit or 10.7% of the general government total revenue.

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