Publication detail

Quarterly government accounts, 1st quarter 2011


  • Statistical Series
  • 09. June 2011
  • Vol 96, Issue 36
  • ISSN: 1670-4665


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In the 1st quarter of 2011, the financial balance of the general government amounted to 13.3 billion ISK in deficit or 3.5% of quarterly GDP and 8.2% of general government total revenue. This can be compared with 20.7 billion ISK in deficit in the 1st quarter of 2010 or 5.6% of GDP in that quarter. The deficit has not been less since the third quarter of 2008.
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