Publication detail

General government finances 2015, preliminary accounts


  • Statistical Series
  • 15. March 2016
  • Vol 101, Issue 7
  • ISSN: 1670-4770


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In 2015, the financial balance of the general government was 10.7 billion ISK in deficit or 0.5% of GDP, compared with a deficit of 1.2 billion ISK in 2014 or 0.1% of GDP. The revenue increased by 2.7% while the expenditure increased by 3.7%. The general government total revenue in 2015 of 931 billion ISK amounted to 42.2% of GDP, compared with 45.3% in 2014. The general government total expenditure of 942 billion ISK amounted to 42.7% of the 2015 GDP, compared with 45.3% in 2014.
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