Quarterly government accounts, 2nd quarter 2008

  • Statistical Series
  • 15. September 2008
  • Vol 93, Issue 55
  • ISSN: 1670-4665

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In the 2nd quarter of 2008, the financial balance of general government (i.e. the central government, the social security funds and the local governments) showed a deficit of 1.9 billion ISK or 0.1% of GDP and 1.2% of general government total revenue. This can be compared with a surplus of 0.9% of GDP and 7.6% of general government total revenue in the 2nd quarter of 2007.

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