Publication detail

General government finances 2008


  • Statistical Series
  • 11. September 2009
  • Vol 94, Issue 52
  • ISSN: 1670-4665


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In 2008, the financial balance of the general government was 200 billion ISK in deficit or 13.6% of GDP, which can be compared with a surplus of 5.4% of GDP for 2007 and 6.3% for 2006. The central government debt assumption of 192.2 billion ISK explains largely this large deficit in 2008. Without the debt assumption the deficit was 0.5% of GDP.
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