- Statistical Series
- 11. December 2015
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Vol 100,
Issue 47
- ISSN: 1670-4770
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In the 3rd quarter of 2015, the financial balance of the general government (i.e. the central government, the social security funds and the local governments) amounted to a 4.1 billion ISK deficit or 0.7% of quarterly GDP and 1.8% of general government total revenue. Compared to 5.5 billion ISK deficit in the 3rd quarter of 2014 or 1.0% of GDP in that quarter. In first nine months of the year, the deficit amounted to 22.1 billion ISK, 3.3% of the total revenue.