In the 2nd quarter of 2016, the financial balance of the general government (i.e. the central government, the social security funds and the local governments) amounted to 6.6 billion ISK surplus or 1.1% of quarterly GDP and 2.7% of general government total revenue. In the 2nd quarter of 2015 the deficit was 11.6 billion ISK. The first six months of 2016 the surplus was 371.5 billion ISK or 43.1% of total revenues.
Quarterly government accounts, 2nd quarter 2016 - Statistical Series