General government finances 2008, preliminary accounts


  • Statistical Series
  • 10. March 2009
  • Vol 94, Issue 17
  • ISSN: 1670-4665


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In 2008, the financial balance of the general government was 17.2 billion ISK in deficit or 1.2% of GDP, which can be compared with a surplus of 5.4% of GDP for 2007 and 6.3% for 2006. The total revenue increased by 2,1% from 2007 and the total tax revenue decreased slightly at the same time as the total expenditure increased by 18,2%.

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