- Statistical Series
- 11. March 2014
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Vol 99,
Issue 5
- ISSN: 1670-1665
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In the 4th quarter of 2013, the financial balance of the general government (i.e. the central government, the social security funds and the local governments) amounted to a deficit of 23 billion ISK or 5.0% of the GDP in that quarter. This can be compared with a 36 billion ISK deficit in the 4th quarter of 2012, or 8.3% of GDP of that quarter.