Publication detail

General government finances 2017, revision


  • Statistical Series
  • 13. December 2018
  • Vol 103, Issue 30
  • ISSN: 1670-4770


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In 2017, the financial balance of the general government was 13.9 billion ISK in surplus or 0.5% of GDP, compared with a surplus of 12.4% in 2016. Revenue due to stability contribution, 384.2 billion ISK, is included in 2016. Expenditure due to contribution to the Government Employees Pension Fund, 105.1 billion ISK, in included in 2016 as capital transfer. The general govern¬ment total revenue amounted to 43.8% of GDP in 2017 while its total expenditure amounted to 43.3% of GDP.
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