National Accounts of OECD Countries, General Government Accounts 2016
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National Accounts of OECD Countries, General Government Accounts 2016

The 2016 edition of National Accounts of OECD Countries, General Government Accounts is an annual publication, dedicated to government finance which is based on the System of National Accounts 2008 (SNA 2008) for all countries except Chile, Japan and Turkey (SNA 1993). It includes tables showing government aggregates and balances for the production, income and financial accounts as well as detailed tax and social contribution receipts and a breakdown of expenditure of general government by function, according to the harmonised international classification, COFOG.

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National Accounts of OECD Countries, General Government Accounts 2016 - © OECD 2016

Iceland
‌IGeneral government account (SNA 2008, simplified presentation)
Million ISK
‌‌
‌‌
‌2008‌
‌2009‌
‌2010‌
‌2011‌
‌2012‌
‌2013‌
‌2014‌
‌2015‌
 
SUMMARY OF AGGREGATES AND BALANCES
 
 
 
 
 
 
 
 
a
Value added, gross
236 099
 
249 966
 
252 996
 
264 113
 
279 000
 
294 443
 
315 270
 
347 621
 
b
Saving, net
48 431
 
-105 601
 
-66 183
 
-55 525
 
-31 434
 
-4 606
 
64 443
 
32 558
 
c
Net lending (+)/Net borrowing (-)
-202 358
 
-154 228
 
-158 164
 
-95 038
 
-66 461
 
-34 798
 
-1 217
 
-18 471
 
d
Total revenue
655 803
 
617 098
 
641 141
 
682 304
 
740 768
 
795 732
 
906 988
 
930 983
 
 
of which:
 
 
 
 
 
 
 
 
e
Total tax receipts
503 018
 
462 755
 
477 979
 
519 116
 
561 567
 
606 243
 
700 831
 
732 295
 
f
Actual social contributions
41 644
 
45 912
 
63 599
 
66 820
 
64 882
 
69 899
 
73 432
 
79 707
 
g
Total expenditure
858 162
 
771 326
 
799 305
 
777 342
 
807 229
 
830 530
 
908 205
 
949 454
 
 
of which:
 
 
 
 
 
 
 
 
h
Interest
47 519
 
95 894
 
77 238
 
70 481
 
84 066
 
86 505
 
94 411
 
102 032
 
i
Compensation of employees
208 885
 
216 455
 
219 395
 
229 037
 
242 024
 
256 169
 
275 652
 
307 150
 
j
Social benefits and transfers in kind
89 778
 
122 363
 
120 956
 
138 352
 
134 950
 
133 645
 
139 441
 
141 699
 
k
Gross fixed capital formation
75 351
 
64 437
 
55 632
 
46 441
 
47 686
 
54 908
 
61 728
 
64 009
 
l
Total liabilities (non consolidated)
1 542 057
 
1 808 604
 
1 865 137
 
2 169 565
 
2 218 343
 
2 197 474
 
2 317 584
 
2 240 300
 
m
Financial net worth
-155 157
 
-366 062
 
-537 040
 
-829 126
 
-907 578
 
-940 682
 
-967 626
 
-1 068 827
 
n
Deficit/Surplus
-202 358
 
-154 228
 
-158 164
 
-95 038
 
-66 461
 
-34 798
 
-1 217
 
-18 471
 
o
Maastricht debt
1 041 612
 
1 317 114
 
1 428 225
 
1 617 631
 
1 645 939
 
..
 
..
 
..
 
p
Gross domestic product
1 551 434
 
1 593 337
 
1 620 293
 
1 701 585
 
1 778 499
 
1 891 239
 
2 006 019
 
2 213 543
 
 
I.1 GENERAL GOVERNMENT
 
 
 
 
 
 
 
 
 
Production account
 
 
 
 
 
 
 
 
1
Output
410 369
 
441 409
 
448 311
 
470 212
 
492 887
 
516 676
 
545 691
 
589 228
 
2
Market output and output for own final use
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
3
Non-market output
410 369
 
441 409
 
448 311
 
470 212
 
492 887
 
516 676
 
545 691
 
589 228
 
4
Payments for non-market output
47 491
 
46 485
 
48 930
 
49 787
 
56 584
 
57 455
 
60 840
 
66 608
 
5
Non-market output, other
362 878
 
394 925
 
399 381
 
420 425
 
436 303
 
459 221
 
484 850
 
522 620
 
6
Market output and payments for non-market output (2 + 4)
47 491
 
46 485
 
48 930
 
49 787
 
56 584
 
57 455
 
60 840
 
66 608
 
7
Intermediate consumption
174 270
 
191 444
 
195 315
 
206 099
 
213 887
 
222 234
 
230 421
 
241 607
 
8
Value added, gross
236 099
 
249 966
 
252 996
 
264 113
 
279 000
 
294 443
 
315 270
 
347 621
 
9
Consumption of fixed capital
27 214
 
33 511
 
33 601
 
35 076
 
36 976
 
38 274
 
39 617
 
40 471
 
10
Value added, net
208 885
 
216 455
 
219 395
 
229 037
 
242 024
 
256 169
 
275 652
 
307 150
 
 
Generation of income account
 
 
 
 
 
 
 
 
11
Compensation of employees, payable
208 885
 
216 455
 
219 395
 
229 037
 
242 024
 
256 169
 
275 652
 
307 150
 
12
Other taxes on production, payable
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
13
Other subsidies on production, receivable
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
14
Operating surplus, net
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
 
Allocation of primary income account
 
 
 
 
 
 
 
 
15
Taxes on production and imports, receivable
231 911
 
210 406
 
220 510
 
233 055
 
254 689
 
266 922
 
314 239
 
334 900
 
16
Subsidies, payable
27 594
 
28 286
 
27 762
 
29 154
 
30 485
 
31 070
 
29 477
 
29 885
 
17
Property income, receivable
57 047
 
53 364
 
39 990
 
34 557
 
47 305
 
51 116
 
61 745
 
41 656
 
18
Property income, payable
47 519
 
95 894
 
77 238
 
70 481
 
84 066
 
86 505
 
94 411
 
102 032
 
19
Interest, payable
47 519
 
95 894
 
77 238
 
70 481
 
84 066
 
86 505
 
94 411
 
102 032
 
20
Other property income, payable
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
21
Balance of primary incomes, net
213 846
 
139 590
 
155 500
 
167 977
 
187 443
 
200 463
 
252 096
 
244 639
 
 
Secondary distribution of income account
 
 
 
 
 
 
 
 
22
Current taxes on income and wealth, receivable
269 474
 
250 395
 
254 710
 
284 592
 
304 735
 
336 651
 
383 848
 
394 115
 
23
Social contributions, receivable
41 644
 
45 912
 
63 599
 
66 820
 
64 882
 
69 899
 
73 432
 
79 707
 
24
Actual social contributions
41 644
 
45 912
 
63 599
 
66 820
 
64 882
 
69 899
 
73 432
 
79 707
 
25
Imputed social contributions
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
26
Other current transfers, receivable
6 373
 
8 366
 
10 371
 
11 820
 
10 234
 
10 782
 
9 890
 
10 455
 
27
Current taxes on income and wealth, payable
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
28
Social benefits other than social transfers in kind, payable
89 778
 
122 363
 
120 956
 
138 352
 
134 950
 
133 645
 
139 441
 
141 699
 
29
Social transfers in kind (via market producers), payable
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
30
Social benefits and transfers in kind (via market producers), payable
89 778
 
122 363
 
120 956
 
138 352
 
134 950
 
133 645
 
139 441
 
141 699
 
31
Other current transfers, payable
30 251
 
32 577
 
30 027
 
27 956
 
27 475
 
29 534
 
30 532
 
32 039
 
32
Disposable income, net
411 309
 
289 324
 
333 198
 
364 900
 
404 869
 
454 616
 
549 294
 
555 178
 
 
Use of disposable income account
 
 
 
 
 
 
 
 
33
Final consumption expenditure
362 878
 
394 925
 
399 381
 
420 425
 
436 303
 
459 221
 
484 850
 
522 620
 
34
Individual consumption expenditure
240 847
 
256 638
 
255 139
 
264 309
 
271 992
 
290 242
 
312 728
 
341 622
 
35
Collective consumption expenditure
122 031
 
138 287
 
144 241
 
156 116
 
164 311
 
168 979
 
172 123
 
180 997
 
36
Adjustment for net equity of households in pension funds
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
37
Saving, gross
75 644
 
-72 090
 
-32 582
 
-20 450
 
5 542
 
33 668
 
104 061
 
73 030
 
38
Saving, net
48 431
 
-105 601
 
-66 183
 
-55 525
 
-31 434
 
-4 606
 
64 443
 
32 558
 
 
Capital account
 
 
 
 
 
 
 
 
39
Consumption of fixed capital
27 214
 
33 511
 
33 601
 
35 076
 
36 976
 
38 274
 
39 617
 
40 471
 
40
Capital transfers, receivable
1 863
 
2 169
 
3 030
 
1 673
 
2 339
 
2 908
 
2 993
 
3 541
 
41
Capital taxes
1 633
 
1 954
 
2 759
 
1 469
 
2 143
 
2 671
 
2 743
 
3 280
 
42
Other capital transfers and investment grants, receivable
230
 
215
 
272
 
204
 
196
 
237
 
250
 
261
 
43
Capital transfers, payable
204 515
 
19 870
 
72 980
 
29 821
 
26 656
 
16 466
 
46 543
 
31 034
 
44
Gross capital formation and acquisitions of non-produced assets
75 351
 
64 437
 
55 632
 
46 441
 
47 686
 
54 908
 
61 728
 
64 009
 
45
Gross capital formation
75 351
 
64 437
 
55 632
 
46 441
 
47 686
 
54 908
 
61 728
 
64 009
 
46
Gross fixed capital formation
75 351
 
64 437
 
55 632
 
46 441
 
47 686
 
54 908
 
61 728
 
64 009
 
47
Changes in inv. and acquisitions less disposals of valuables
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
48
Acquisitions less disposals of non-produced non-financial assets
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
49
Net lending (+)/Net borrowing (-)
-202 358
 
-154 228
 
-158 164
 
-95 038
 
-66 461
 
-34 798
 
-1 217
 
-18 471
 
50
Total expenditure
858 162
 
771 326
 
799 305
 
777 342
 
807 229
 
830 530
 
908 205
 
949 454
 
51
Total revenue
655 803
 
617 098
 
641 141
 
682 304
 
740 768
 
795 732
 
906 988
 
930 983
 
 
Financial account
 
 
 
 
 
 
 
 
52
Net financial transactions
-236 954
 
-130 514
 
-162 056
 
-95 569
 
-64 495
 
-39 034
 
34 698
 
42 242
 
53
Total financial assets
287 612
 
96 653
 
32 083
 
60 483
 
-75 934
 
-42 624
 
88 382
 
50 868
 
54
Monetary gold and special drawing rights
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
55
Currency and deposits
36 323
 
43 536
 
112 138
 
191 859
 
-76 997
 
-53 012
 
88 185
 
-115 847
 
56
Debt securities
-189
 
1 190
 
816
 
526
 
58
 
131
 
2 637
 
105
 
57
Loans
212 848
 
-115 326
 
-92 512
 
-104 643
 
10 917
 
5 777
 
636
 
-44 223
 
58
Equity and investment fund shares/units
2 359
 
139 652
 
44 468
 
388
 
2 700
 
39 698
 
-1 095
 
-787
 
59
Insurance pension and standardised guarantees
7
 
128
 
10
 
-456
 
0
 
0
 
0
 
841
 
60
Financial derivatives and employee stock options
-907
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
61
Other accounts receivable
37 171
 
27 473
 
-32 838
 
-27 192
 
-12 611
 
-35 219
 
-1 980
 
210 778
 
62
Financial liabilities
524 566
 
227 167
 
194 139
 
156 052
 
-11 438
 
-3 590
 
53 684
 
8 626
 
63
Monetary gold and special drawing rights
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
64
Currency and deposits
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
65
Debt securities
157 560
 
314 408
 
96 879
 
61 688
 
43 760
 
-3 901
 
33 257
 
9 829
 
66
Loans
317 848
 
-92 883
 
60 256
 
88 007
 
-57 018
 
-18 255
 
-27 288
 
-155 685
 
67
Equity and investment fund shares/units
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
68
Insurance pension and standardised guarantees
2 139
 
1 823
 
1 113
 
4 855
 
4 587
 
4 389
 
4 219
 
3 575
 
69
Financial derivatives and employee stock options
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
70
Other accounts payable
47 018
 
3 818
 
35 891
 
1 501
 
-2 767
 
14 177
 
43 497
 
150 907
 
 
Financial balance sheet
 
 
 
 
 
 
 
 
71
Financial net worth
-155 157
 
-366 062
 
-537 040
 
-829 126
 
-907 578
 
-940 682
 
-967 626
 
-1 068 827
 
72
Financial assets
1 386 899
 
1 442 542
 
1 328 096
 
1 340 439
 
1 310 765
 
1 256 793
 
1 349 959
 
1 171 474
 
73
Monetary gold and special drawing rights
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
74
Currency and deposits
451 343
 
496 113
 
486 427
 
614 562
 
556 486
 
460 651
 
568 193
 
423 037
 
75
Debt securities
18
 
2 441
 
4 282
 
3 126
 
2 973
 
3 322
 
1 974
 
1 005
 
76
Loans
497 998
 
395 204
 
268 818
 
175 500
 
191 097
 
194 670
 
196 335
 
152 148
 
77
Equity and investment fund shares/units
230 863
 
369 224
 
378 708
 
367 357
 
361 606
 
400 939
 
385 223
 
384 506
 
78
Insurance pension and standardised guarantees
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
79
Financial derivatives and employee stock options
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
80
Other accounts receivable
206 677
 
179 560
 
189 862
 
179 893
 
198 604
 
197 210
 
198 233
 
210 778
 
81
Financial liabilities
1 542 057
 
1 808 604
 
1 865 137
 
2 169 565
 
2 218 343
 
2 197 474
 
2 317 584
 
2 240 300
 
82
Monetary gold and special drawing rights
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
83
Currency and deposits
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
84
Debt securities
308 697
 
624 684
 
722 456
 
788 758
 
839 575
 
842 604
 
877 939
 
889 847
 
85
Loans
733 628
 
693 477
 
623 864
 
830 064
 
807 625
 
763 090
 
776 589
 
619 401
 
86
Equity and investment fund shares/units
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
87
Insurance pension and standardised guarantees
382 337
 
378 239
 
383 089
 
416 894
 
438 557
 
457 269
 
490 028
 
580 145
 
88
Financial derivatives and employee stock options
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
89
Other accounts payable
117 394
 
112 204
 
135 727
 
133 849
 
132 586
 
134 511
 
173 028
 
150 907
 
 
I.2 CENTRAL GOVERNMENT
 
 
 
 
 
 
 
 
 
Production account
 
 
 
 
 
 
 
 
1
Output
216 233
 
230 738
 
235 416
 
241 058
 
253 188
 
260 149
 
268 658
 
290 430
 
2
Intermediate consumption
85 538
 
95 617
 
98 105
 
102 378
 
105 738
 
104 454
 
104 613
 
110 360
 
3
Value added, gross
130 695
 
135 121
 
137 312
 
138 680
 
147 450
 
155 696
 
164 045
 
180 070
 
4
Value added, net
110 840
 
111 778
 
112 747
 
113 089
 
120 473
 
127 772
 
135 141
 
150 543
 
 
Generation of income account
 
 
 
 
 
 
 
 
5
Compensation of employees, payable
110 840
 
111 778
 
112 747
 
113 089
 
120 473
 
127 772
 
135 141
 
150 543
 
6
Operating surplus, net
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
 
Allocation of primary income account
 
 
 
 
 
 
 
 
7
Taxes on production and imports, receivable
197 255
 
179 490
 
189 357
 
203 835
 
225 041
 
234 521
 
280 652
 
297 408
 
8
Subsidies, payable
23 509
 
24 753
 
24 253
 
24 505
 
25 200
 
25 739
 
25 069
 
25 325
 
9
Interest, payable
40 618
 
90 874
 
71 479
 
63 316
 
76 049
 
79 352
 
86 895
 
92 683
 
10
Balance of primary incomes, net
174 426
 
107 313
 
124 174
 
139 181
 
160 514
 
169 458
 
220 942
 
213 440
 
 
Secondary distribution of income account
 
 
 
 
 
 
 
 
11
Current taxes on income and wealth, receivable
163 506
 
142 748
 
147 882
 
157 973
 
169 586
 
189 478
 
227 595
 
223 631
 
12
Social contributions, receivable
41 644
 
45 912
 
63 599
 
66 820
 
64 882
 
69 899
 
73 432
 
79 707
 
13
Actual social contributions
41 644
 
45 912
 
63 599
 
66 820
 
64 882
 
69 899
 
73 432
 
79 707
 
14
Imputed social contributions
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
15
Other current transfers, receivable
6 054
 
12 329
 
14 440
 
17 251
 
16 600
 
17 632
 
16 890
 
17 694
 
16
Social benefits other than social transfers in kind, payable
16 234
 
20 952
 
22 421
 
28 079
 
23 506
 
20 370
 
18 799
 
17 950
 
17
Social transfers in kind (via market producers), payable
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
18
Other current transfers, payable
150 331
 
173 014
 
185 090
 
198 719
 
198 005
 
211 691
 
214 275
 
228 179
 
19
Disposable income, net
219 064
 
114 336
 
142 585
 
154 428
 
190 072
 
214 407
 
305 786
 
288 343
 
 
Use of disposable income account
 
 
 
 
 
 
 
 
20
Final consumption expenditure
188 737
 
206 600
 
209 597
 
214 726
 
222 841
 
230 104
 
236 416
 
254 157
 
21
Individual consumption expenditure
104 411
 
110 320
 
107 798
 
102 137
 
106 863
 
113 535
 
119 895
 
132 723
 
22
Collective consumption expenditure
84 326
 
96 279
 
101 799
 
112 590
 
115 977
 
116 569
 
116 521
 
121 434
 
23
Saving, gross
50 182
 
-68 920
 
-42 448
 
-34 707
 
-5 791
 
12 227
 
98 275
 
63 713
 
24
Saving, net
30 327
 
-92 263
 
-67 013
 
-60 298
 
-32 768
 
-15 697
 
69 371
 
34 186
 
 
Capital account
 
 
 
 
 
 
 
 
25
Capital transfers, receivable
1 895
 
2 210
 
3 071
 
1 715
 
2 369
 
2 941
 
3 061
 
3 623
 
26
Capital transfers, payable
205 820
 
18 588
 
73 068
 
33 666
 
27 007
 
16 294
 
48 292
 
31 790
 
27
Gross capital formation
40 133
 
43 130
 
34 348
 
29 899
 
27 920
 
32 378
 
36 746
 
41 493
 
28
Acquisitions less disposals of non-produced non-financial assets
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
29
Net lending (+)/Net borrowing (-)
-193 876
 
-128 428
 
-146 793
 
-96 557
 
-58 349
 
-33 503
 
16 298
 
-5 947
 
30
Total expenditure
673 023
 
578 706
 
621 511
 
593 651
 
603 898
 
618 049
 
669 829
 
698 324
 
31
Total revenue
479 148
 
450 278
 
474 717
 
497 094
 
545 548
 
584 545
 
686 128
 
692 377
 
 
Financial account
 
 
 
 
 
 
 
 
32
Net financial transactions
-209 807
 
-129 186
 
-146 982
 
-96 965
 
-54 718
 
-33 351
 
18 849
 
57 877
 
33
Total financial assets
272 129
 
85 057
 
28 312
 
68 585
 
-73 521
 
-44 177
 
65 008
 
-17 822
 
34
Monetary gold and special drawing rights
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
35
Currency and deposits
41 452
 
41 277
 
102 248
 
204 529
 
-70 619
 
-47 155
 
89 908
 
-113 361
 
36
Debt securities
-186
 
27
 
0
 
7
 
-207
 
0
 
2 550
 
0
 
37
Loans
209 246
 
-125 307
 
-81 338
 
-110 018
 
8 211
 
4 243
 
5 159
 
-43 466
 
38
Equity and investment fund shares/units
3 017
 
137 198
 
42 526
 
681
 
3 045
 
38 944
 
353
 
661
 
39
Insurance pension and standardised guarantees
7
 
128
 
10
 
-456
 
0
 
0
 
0
 
336
 
40
Financial derivatives and employee stock options
-869
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
41
Other accounts receivable
19 462
 
31 734
 
-35 135
 
-26 158
 
-13 950
 
-40 209
 
-32 962
 
138 008
 
42
Financial liabilities
481 936
 
214 243
 
175 294
 
165 550
 
-18 803
 
-10 827
 
46 159
 
-75 700
 
43
Monetary gold and special drawing rights
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
44
Currency and deposits
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
45
Debt securities
157 560
 
314 408
 
96 879
 
61 688
 
43 760
 
-3 901
 
33 257
 
9 829
 
46
Loans
296 768
 
-114 836
 
58 048
 
84 790
 
-53 317
 
-13 282
 
-22 514
 
-164 880
 
47
Equity and investment fund shares/units
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
48
Insurance pension and standardised guarantees
3 508
 
3 321
 
2 981
 
2 772
 
2 606
 
2 400
 
2 235
 
2 109
 
49
Financial derivatives and employee stock options
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
50
Other accounts payable
24 101
 
11 350
 
17 386
 
16 300
 
-11 852
 
3 956
 
33 181
 
77 242
 
 
Financial balance sheet
 
 
 
 
 
 
 
 
51
Financial net worth
-111 182
 
-285 876
 
-528 399
 
-734 224
 
-800 543
 
-842 277
 
-833 018
 
-912 019
 
52
Financial assets
1 210 812
 
1 281 552
 
1 165 658
 
1 186 293
 
1 156 690
 
1 096 447
 
1 200 905
 
1 016 575
 
53
Monetary gold and special drawing rights
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
54
Currency and deposits
416 309
 
458 805
 
439 230
 
580 035
 
528 336
 
438 359
 
547 623
 
403 945
 
55
Debt securities
0
 
0
 
200
 
207
 
0
 
0
 
0
 
0
 
56
Loans
471 912
 
361 557
 
247 986
 
148 133
 
161 076
 
163 461
 
168 291
 
123 886
 
57
Equity and investment fund shares/units
197 755
 
334 056
 
342 934
 
331 877
 
326 471
 
365 050
 
350 782
 
350 736
 
58
Insurance pension and standardised guarantees
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
59
Financial derivatives and employee stock options
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
60
Other accounts receivable
124 836
 
127 133
 
135 308
 
126 041
 
140 807
 
129 577
 
134 209
 
138 008
 
61
Financial liabilities
1 321 994
 
1 567 428
 
1 694 057
 
1 920 517
 
1 957 233
 
1 938 724
 
2 033 923
 
1 928 594
 
62
Monetary gold and special drawing rights
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
63
Currency and deposits
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
64
Debt securities
308 697
 
624 684
 
722 456
 
788 758
 
839 575
 
842 604
 
877 939
 
889 847
 
65
Loans
621 978
 
551 754
 
567 166
 
683 133
 
665 412
 
620 657
 
619 466
 
453 082
 
66
Equity and investment fund shares/units
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
67
Insurance pension and standardised guarantees
342 915
 
339 840
 
345 109
 
373 000
 
388 472
 
407 734
 
435 607
 
508 422
 
68
Financial derivatives and employee stock options
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
69
Other accounts payable
48 404
 
51 150
 
59 326
 
75 626
 
63 774
 
67 729
 
100 911
 
77 242
 
 
I.4 LOCAL GOVERNMENT
 
 
 
 
 
 
 
 
 
Production account
 
 
 
 
 
 
 
 
1
Output
152 561
 
164 407
 
165 660
 
179 956
 
189 723
 
204 530
 
221 091
 
238 166
 
2
Intermediate consumption
62 087
 
64 915
 
66 286
 
71 688
 
75 909
 
84 656
 
90 022
 
92 954
 
3
Value added, gross
90 474
 
99 492
 
99 374
 
108 268
 
113 814
 
119 874
 
131 069
 
145 212
 
4
Value added, net
83 115
 
89 324
 
90 338
 
98 783
 
103 815
 
109 524
 
120 356
 
134 268
 
 
Generation of income account
 
 
 
 
 
 
 
 
5
Compensation of employees, payable
83 115
 
89 324
 
90 338
 
98 783
 
103 815
 
109 524
 
120 356
 
134 268
 
6
Operating surplus, net
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
 
Allocation of primary income account
 
 
 
 
 
 
 
 
7
Taxes on production and imports, receivable
34 657
 
30 916
 
31 153
 
29 221
 
29 648
 
32 400
 
33 587
 
37 492
 
8
Subsidies, payable
3 900
 
3 226
 
3 218
 
4 301
 
4 875
 
5 083
 
4 184
 
4 429
 
9
Interest, payable
6 878
 
5 000
 
5 737
 
7 147
 
8 004
 
7 131
 
7 463
 
9 255
 
10
Balance of primary incomes, net
37 503
 
31 603
 
31 617
 
29 029
 
27 007
 
30 968
 
31 072
 
31 042
 
 
Secondary distribution of income account
 
 
 
 
 
 
 
 
11
Current taxes on income and wealth, receivable
105 968
 
107 647
 
106 828
 
126 618
 
135 149
 
147 173
 
156 253
 
170 484
 
12
Social contributions, receivable
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
13
Actual social contributions
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
14
Imputed social contributions
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
15
Other current transfers, receivable
19 326
 
19 584
 
22 954
 
19 655
 
22 623
 
25 582
 
25 735
 
27 232
 
16
Social benefits other than social transfers in kind, payable
6 929
 
9 227
 
10 321
 
11 721
 
11 632
 
12 365
 
13 729
 
13 850
 
17
Social transfers in kind (via market producers), payable
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
18
Other current transfers, payable
8 819
 
9 405
 
8 481
 
7 144
 
6 960
 
7 415
 
8 304
 
7 629
 
19
Disposable income, net
147 050
 
140 203
 
142 597
 
156 438
 
166 188
 
183 942
 
191 026
 
207 279
 
 
Use of disposable income account
 
 
 
 
 
 
 
 
20
Final consumption expenditure
133 367
 
143 170
 
143 745
 
158 310
 
165 463
 
179 170
 
194 558
 
210 079
 
21
Individual consumption expenditure
96 879
 
102 858
 
103 006
 
116 539
 
118 950
 
128 631
 
140 873
 
152 540
 
22
Collective consumption expenditure
36 488
 
40 312
 
40 739
 
41 771
 
46 513
 
50 539
 
53 686
 
57 539
 
23
Saving, gross
21 041
 
7 201
 
7 888
 
7 613
 
10 724
 
15 122
 
7 181
 
8 144
 
24
Saving, net
13 682
 
-2 967
 
-1 148
 
-1 872
 
725
 
4 772
 
-3 532
 
-2 800
 
 
Capital account
 
 
 
 
 
 
 
 
25
Capital transfers, receivable
3 041
 
2 972
 
2 172
 
5 846
 
2 448
 
2 341
 
3 668
 
3 083
 
26
Capital transfers, payable
1 768
 
4 295
 
2 124
 
2 042
 
2 070
 
2 263
 
1 988
 
2 407
 
27
Gross capital formation
35 190
 
21 237
 
21 263
 
16 521
 
19 731
 
22 486
 
24 955
 
22 488
 
28
Acquisitions less disposals of non-produced non-financial assets
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
29
Net lending (+)/Net borrowing (-)
-12 876
 
-15 360
 
-13 327
 
-5 104
 
-8 630
 
-7 287
 
-16 093
 
-13 669
 
30
Total expenditure
208 686
 
206 630
 
207 769
 
219 346
 
232 997
 
250 923
 
271 001
 
287 281
 
31
Total revenue
195 810
 
191 270
 
194 442
 
214 243
 
224 367
 
243 636
 
254 908
 
273 612
 
 
Financial account
 
 
 
 
 
 
 
 
32
Net financial transactions
-24 045
 
-14 357
 
-12 511
 
-4 585
 
-8 365
 
-7 155
 
-16 006
 
-29 053
 
33
Total financial assets
3 682
 
8 048
 
-6 771
 
838
 
-3 175
 
66
 
-11 010
 
34 830
 
34
Monetary gold and special drawing rights
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
35
Currency and deposits
-6 981
 
3 158
 
4 713
 
-2 272
 
-5 601
 
-4 876
 
-2 957
 
-2 957
 
36
Debt securities
0
 
1 164
 
816
 
519
 
265
 
131
 
87
 
105
 
37
Loans
3 602
 
9 981
 
-11 174
 
5 375
 
2 706
 
1 534
 
-4 523
 
-757
 
38
Equity and investment fund shares/units
-658
 
2 454
 
1 942
 
-293
 
-345
 
754
 
-1 448
 
-1 448
 
39
Insurance pension and standardised guarantees
0
 
0
 
0
 
0
 
0
 
0
 
0
 
505
 
40
Financial derivatives and employee stock options
-38
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
41
Other accounts receivable
7 757
 
-8 709
 
-3 068
 
-2 492
 
-200
 
2 522
 
-2 168
 
39 382
 
42
Financial liabilities
27 727
 
22 405
 
5 740
 
5 423
 
5 189
 
7 221
 
4 997
 
63 883
 
43
Monetary gold and special drawing rights
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
44
Currency and deposits
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
45
Debt securities
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
46
Loans
21 080
 
21 953
 
2 208
 
3 218
 
-3 700
 
-4 973
 
-4 774
 
9 195
 
47
Equity and investment fund shares/units
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
48
Insurance pension and standardised guarantees
-1 369
 
-1 498
 
-1 868
 
2 083
 
1 981
 
1 989
 
1 984
 
1 466
 
49
Financial derivatives and employee stock options
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
50
Other accounts payable
8 015
 
1 950
 
5 399
 
122
 
6 909
 
10 206
 
7 787
 
53 222
 
 
Financial balance sheet
 
 
 
 
 
 
 
 
51
Financial net worth
-61 661
 
-85 751
 
-11 472
 
-104 043
 
-117 370
 
-115 060
 
-148 539
 
-171 897
 
52
Financial assets
132 566
 
139 071
 
130 147
 
130 466
 
127 025
 
126 960
 
115 863
 
119 367
 
53
Monetary gold and special drawing rights
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
54
Currency and deposits
26 755
 
29 928
 
34 641
 
32 369
 
26 768
 
21 892
 
18 935
 
16 986
 
55
Debt securities
0
 
2 420
 
4 062
 
2 902
 
2 954
 
3 300
 
1 942
 
967
 
56
Loans
26 086
 
33 647
 
20 832
 
27 367
 
30 021
 
31 209
 
28 044
 
28 262
 
57
Equity and investment fund shares/units
33 108
 
35 168
 
35 774
 
35 480
 
35 135
 
35 889
 
34 441
 
33 770
 
58
Insurance pension and standardised guarantees
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
59
Financial derivatives and employee stock options
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
60
Other accounts receivable
46 617
 
37 908
 
34 839
 
32 348
 
32 147
 
34 670
 
32 501
 
39 382
 
61
Financial liabilities
194 227
 
224 822
 
141 620
 
234 509
 
244 395
 
242 020
 
264 402
 
291 264
 
62
Monetary gold and special drawing rights
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
63
Currency and deposits
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
64
Debt securities
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
65
Loans
111 650
 
141 723
 
56 698
 
146 932
 
142 214
 
142 433
 
157 124
 
166 319
 
66
Equity and investment fund shares/units
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
67
Insurance pension and standardised guarantees
39 422
 
38 399
 
37 980
 
43 894
 
50 085
 
49 535
 
54 421
 
71 723
 
68
Financial derivatives and employee stock options
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
69
Other accounts payable
43 155
 
44 700
 
46 941
 
43 684
 
52 096
 
50 052
 
52 857
 
53 222
 
 
I.5 SOCIAL SECURITY FUNDS
 
 
 
 
 
 
 
 
 
Production account
 
 
 
 
 
 
 
 
1
Output
41 575
 
46 265
 
47 235
 
49 198
 
49 976
 
51 997
 
55 942
 
60 632
 
2
Intermediate consumption
26 645
 
30 912
 
30 925
 
32 033
 
32 240
 
33 124
 
35 786
 
38 293
 
3
Value added, gross
14 930
 
15 353
 
16 310
 
17 165
 
17 736
 
18 873
 
20 156
 
22 340
 
4
Value added, net
14 930
 
15 353
 
16 310
 
17 165
 
17 736
 
18 873
 
20 156
 
22 340
 
 
Generation of income account
 
 
 
 
 
 
 
 
5
Compensation of employees, payable
14 930
 
15 353
 
16 310
 
17 165
 
17 736
 
18 873
 
20 156
 
22 340
 
6
Operating surplus, net
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
 
Allocation of primary income account
 
 
 
 
 
 
 
 
7
Taxes on production and imports, receivable
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
8
Subsidies, payable
185
 
307
 
291
 
348
 
410
 
248
 
223
 
131
 
9
Interest, payable
22
 
20
 
22
 
18
 
14
 
23
 
53
 
93
 
10
Balance of primary incomes, net
1 917
 
674
 
-291
 
-234
 
-79
 
37
 
82
 
157
 
 
Secondary distribution of income account
 
 
 
 
 
 
 
 
11
Current taxes on income and wealth, receivable
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
12
Social contributions, receivable
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
13
Actual social contributions
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
14
Imputed social contributions
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
15
Other current transfers, receivable
110 170
 
131 423
 
141 635
 
158 394
 
155 182
 
164 203
 
165 855
 
175 966
 
16
Social benefits other than social transfers in kind, payable
66 615
 
92 184
 
88 214
 
98 552
 
99 813
 
100 910
 
106 913
 
109 900
 
17
Social transfers in kind (via market producers), payable
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
18
Other current transfers, payable
277
 
5 128
 
5 114
 
5 574
 
6 682
 
7 063
 
6 543
 
6 667
 
19
Disposable income, net
45 195
 
34 785
 
48 016
 
54 034
 
48 609
 
56 267
 
52 481
 
59 556
 
 
Use of disposable income account
 
 
 
 
 
 
 
 
20
Final consumption expenditure
40 773
 
45 155
 
46 039
 
47 389
 
47 999
 
49 948
 
53 876
 
58 384
 
21
Individual consumption expenditure
39 557
 
43 459
 
44 336
 
45 633
 
46 179
 
48 076
 
51 960
 
56 359
 
22
Collective consumption expenditure
1 216
 
1 696
 
1 703
 
1 755
 
1 821
 
1 872
 
1 916
 
2 024
 
23
Saving, gross
4 422
 
-10 370
 
1 977
 
6 645
 
610
 
6 319
 
-1 395
 
1 172
 
24
Saving, net
4 422
 
-10 370
 
1 977
 
6 645
 
610
 
6 319
 
-1 395
 
1 172
 
 
Capital account
 
 
 
 
 
 
 
 
25
Capital transfers, receivable
220
 
233
 
195
 
270
 
270
 
270
 
280
 
270
 
26
Capital transfers, payable
220
 
233
 
196
 
271
 
327
 
553
 
280
 
271
 
27
Gross capital formation
28
 
70
 
21
 
22
 
34
 
44
 
27
 
28
 
28
Acquisitions less disposals of non-produced non-financial assets
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
29
Net lending (+)/Net borrowing (-)
4 394
 
-10 440
 
1 956
 
6 623
 
519
 
5 992
 
-1 422
 
1 144
 
30
Total expenditure
108 922
 
144 207
 
141 092
 
153 983
 
157 255
 
160 838
 
169 981
 
177 722
 
31
Total revenue
113 316
 
133 766
 
143 048
 
160 606
 
157 774
 
166 830
 
168 559
 
178 865
 
 
Financial account
 
 
 
 
 
 
 
 
32
Net financial transactions
-3 101
 
13 029
 
-2 564
 
5 980
 
-1 413
 
1 472
 
31 856
 
13 417
 
33
Total financial assets
11 801
 
3 548
 
10 542
 
-8 940
 
763
 
1 487
 
34 384
 
33 860
 
34
Monetary gold and special drawing rights
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
35
Currency and deposits
1 852
 
-899
 
5 176
 
-10 398
 
-777
 
-981
 
1 234
 
471
 
36
Debt securities
-3
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
37
Loans
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
38
Equity and investment fund shares/units
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
39
Insurance pension and standardised guarantees
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
40
Financial derivatives and employee stock options
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
41
Other accounts receivable
9 952
 
4 448
 
5 366
 
1 458
 
1 540
 
2 468
 
33 150
 
33 388
 
42
Financial liabilities
14 902
 
-9 481
 
13 106
 
-14 921
 
2 176
 
15
 
2 529
 
20 443
 
43
Monetary gold and special drawing rights
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
44
Currency and deposits
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
45
Debt securities
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
46
Loans
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
47
Equity and investment fund shares/units
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
48
Insurance pension and standardised guarantees
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
49
Financial derivatives and employee stock options
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
50
Other accounts payable
14 902
 
-9 481
 
13 106
 
-14 921
 
2 176
 
15
 
2 529
 
20 443
 
 
Financial balance sheet
 
 
 
 
 
 
 
 
51
Financial net worth
17 686
 
5 566
 
2 831
 
9 140
 
10 335
 
16 656
 
13 931
 
15 089
 
52
Financial assets
43 522
 
21 920
 
32 291
 
23 680
 
27 050
 
33 386
 
33 190
 
35 532
 
53
Monetary gold and special drawing rights
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
54
Currency and deposits
8 279
 
7 380
 
12 556
 
2 158
 
1 382
 
401
 
1 635
 
2 106
 
55
Debt securities
18
 
21
 
20
 
17
 
19
 
22
 
32
 
37
 
56
Loans
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
57
Equity and investment fund shares/units
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
58
Insurance pension and standardised guarantees
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
59
Financial derivatives and employee stock options
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
60
Other accounts receivable
35 224
 
14 519
 
19 714
 
21 504
 
25 649
 
32 963
 
31 523
 
33 388
 
61
Financial liabilities
25 835
 
16 354
 
29 460
 
14 540
 
16 715
 
16 731
 
19 259
 
20 443
 
62
Monetary gold and special drawing rights
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
63
Currency and deposits
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
64
Debt securities
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
65
Loans
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
66
Equity and investment fund shares/units
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
67
Insurance pension and standardised guarantees
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
68
Financial derivatives and employee stock options
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
69
Other accounts payable
25 835
 
16 354
 
29 460
 
14 540
 
16 715
 
16 731
 
19 259
 
20 443
 
..
Not available
Note: Detailed metadata at:http://metalinks.oecd.org/navol4/20170118/edfa.
Financial accounts and Financial balance sheets are non-consolidated.
Disclaimer: http://oe.cd/disclaimer

 
Countries Covered:
Iceland
 
Visit the OECD web site