Publication detail

General government finances 2013, preliminary accounts


  • Statistical Series
  • 11. March 2014
  • Vol 99, Issue 6
  • ISSN: 1670-4665


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In 2013, the financial balance of the general government was 37.1 billion ISK in deficit or 2.1% of GDP, which can be compared with a deficit of 3.8% of GDP for 2012. The reduced deficit in 2013 can be explained by 6.6% increase in revenue and 2.6% increase in expenditure. The general government total revenue amounted to 44.2% of GDP in 2013, compared with 43.6% in 2012 and 41.8% in 2010.
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