Indicator 3.4 monitors the economic status of municipalities in the Gaums monitoring area. Following the merger of Skútustaðahreppur and Þingeyjarsveit under the name Þingeyjarsveit, there are now three municipalities instead of four. The year 2023 marks the second year of financial reporting for the new municipality.

Assets per capita are monitored, and it can be seen that in all three municipalities, assets per capita increased between 2022 and 2023.

In Norðurþing, assets per capita increased from ISK 3.2 million to ISK 3.7 million, from ISK 2.0 million to nearly ISK 2.2 million in Þingeyjarsveit, and from ISK 1.5 million to ISK 2.4 million in Tjörneshreppur.

Debts per capita decreased in Tjörneshreppur and Þingeyjarsveit but increased in Norðurþing. The increase amounted to approximately ISK 120,000 per capita. Tjörneshreppur has debts amounting to ISK 3,979 per capita.

The debt ratio in Tjörneshreppur decreased from 1% to 0%, from 85% to 75% in Þingeyjarsveit, and remained unchanged in Norðurþing.