Statistics Iceland
Statistical Database
Íslenska
Statistical database
The 3 steps are Choose table, Choose variable and Show result. You are currently at Choose variable

Central government financial assets and liabilities 1998-2023

Choose variables

3/14/2024
Million ISK/percent
1998-2023
THJ05281
Now you have come to the page, Choose variable. This page give you the oportunity to select which variables and values you want to display in your result of the table. A variable is a property of a statistical unit. The page is divided into several boxes, one for each variable, where you can select values by click to highlight one or more values. It always starts with the statistics variable which is the main value counted in the table.
Mandatory

Selected 0 of total 2

Mandatory
Field for searching for a specific value in the list box. This is examples of values you can search for.32 Financial assets , 3212 Currency and deposits , 3213 Securities ,

Selected 0 of total 14

Mandatory
Field for searching for a specific value in the list box. This is examples of values you can search for.1998 , 1999 , 2000 ,

Selected 0 of total 26

Number of selected data cells are:
(maximum number allowed is 100,000)

Presentation on screen is limited to 10,000 rows and 100 columns

Number of selected cells exceeds the maximum allowed 100,000
This time series was revised on 14 December 2020. The revision of the time series is part of the benchmark revision of the Public Finance.

Year

2017

There is a break in time series, in the category of ŽShares and other equityŽ. Up to and including the year 2016, shares in State-owned entities and associates were valued using cost method or by equity shares, whichever was lower. In 2017, with the implementation of IPSAS in the Central Government Accounts, shares are valued according to equity method.

2019

The increase in liabilities in 2019 can largely be attributed to the revaluation of IL-fund’s debt. The revaluation is based on government accounting results, but according to fair value assessment carried out for the first time in 2019 the fund’s equity was negative by 178 billion ISK. Information on the fair value of the fund’s assets and liabilities prior to 2019 is not available.

2023

Preliminary figures for 2023