Quarterly government accounts, 2nd quarter 2014

  • Statistical Series
  • 23. September 2014
  • Vol 99, Issue 32
  • ISSN: 1670-4665

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In the 2nd quarter of 2014, the financial balance of the general government amounted to 1.8 billion ISK in deficit or 0.4% of quarterly GDP and 0.9% of general government total revenue. This can be compared with 5.7 billion ISK in deficit in the 2nd quarter of 2013 or 2.4% of GDP in that quarter. In the first half of the year there is a surplus of 10.9 billion ISK in the balance that can mainly be explained by increased dividends from Landsbankinn Bank to it’s main owner, the central government.

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