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Cash surplus/deficit (% of GDP) for Iceland (CASHBLISA188A)

Observation:

2014: 1.21351  
Updated: Aug 10, 2016

Units:

Percent of GDP,
Not Seasonally Adjusted

Frequency:

Annual
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(a) Cash surplus/deficit (% of GDP) for Iceland, Percent of GDP, Not Seasonally Adjusted (CASHBLISA188A)
Cash surplus or deficit is revenue (including grants) minus expense, minus net acquisition of nonfinancial assets. In the 1986 GFS manual nonfinancial assets were included under revenue and expenditure in gross terms. This cash surplus or deficit is closest to the earlier overall budget balance (still missing is lending minus repayments, which are now a financing item under net acquisition of financial assets).

World Bank sources: International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

Source Indicator: GC.BAL.CASH.GD.ZS

Cash surplus/deficit (% of GDP) for Iceland

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NOTES

Source: World Bank  

Release: World Development Indicators  

Notes:

Cash surplus or deficit is revenue (including grants) minus expense, minus net acquisition of nonfinancial assets. In the 1986 GFS manual nonfinancial assets were included under revenue and expenditure in gross terms. This cash surplus or deficit is closest to the earlier overall budget balance (still missing is lending minus repayments, which are now a financing item under net acquisition of financial assets).

World Bank sources: International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

Source Indicator: GC.BAL.CASH.GD.ZS

Suggested Citation:

World Bank, Cash surplus/deficit (% of GDP) for Iceland [CASHBLISA188A], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/CASHBLISA188A, September 30, 2016.

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iceland cash budget wdi world bank annual gdp nsa nation
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