France recorded a Government Budget deficit equal to 5.80 percent of the country's Gross Domestic Product in 2024. This dataset provides the latest reported value for - France Government Budget - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

France recorded a government budget deficit of 69.30 EUR Billion in April of 2025. This dataset provides the latest reported value for - France Government Budget Value - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The here depicted budget balance in relation to the GDP in France is approximately -5.46 percent in 2025.Fluctuating decline between 1980 and 2025Compared to the earliest depicted observation from 1980 this is a total decrease by approximately 6.22 percentage points. The trajectory from 1980 to 2025 shows however that this decrease did not happen continuously.Fluctuating decline between 2025 and 2030In 2030 the budget balance will amount to around -6.14 percent, according to forecasts. There is an overall decrease by approximately 0.68 percentage points since 2025.The indicator describes the general government net lending/borrowing which is calculated as revenue minus total expenditure. The International Monetary Fund defines the general government expenditure as consisting of total expense and the net acquisition of nonfinancial assets. The general government revenue consists of the revenue from taxes, social contributions, grants receivable, and other revenue.

Key information about France Consolidated Fiscal Balance: % of GDP

• France Consolidated Fiscal Balance recorded a deficit equal to 6.0 % of its Nominal GDP in Sep 2024, compared with a deficit equal to 5.8 % in the previous quarter
• France Consolidated Fiscal Balance to GDP data is updated quarterly, available from Dec 1949 to Sep 2024, with an average ratio of -2.3 %
• The data reached an all-time high of 1.5 % in Dec 1959 and a record low of -9.7 % in Mar 2021

CEIC calculates quarterly Consolidated Fiscal Balance as % of Nominal GDP from quaterly Consolidated Fiscal Balance and quaterly Nominal GDP. National Institute of Statistics and Economic Studies provides Consolidated Fiscal Balance in EUR and Nominal GDP in EUR.


Further information about France Consolidated Fiscal Balance: % of GDP

• In the latest reports, France National Government Debt reached 3,681.2 USD bn in Sep 2024
• France Nominal GDP reached 736.3 USD bn in Mar 2023

The here depicted budget balance in France is approximately -175.62 billion U.S. dollars in 2025.Fluctuating decline between 1980 and 2025A comparison to the earliest shown observation from 1980 reveals a total decrease by approximately 179.27 billion U.S. dollars. The trajectory from 1980 to 2025 shows however that this decrease did not happen continuously.Continuous decline between 2025 and 2030In 2030 the budget balance will be around -229.91 billion U.S. dollars, according to forecasts. There is an overall decrease by approximately 54.29 billion U.S. dollars since 2025. This decrease reflects a consistent falling trend.

France Government Fund: Borrowing Requirement: Budget Deficit data was reported at 67.700 EUR bn in 2017. This records a decrease from the previous number of 69.100 EUR bn for 2016. France Government Fund: Borrowing Requirement: Budget Deficit data is updated yearly, averaging 50.200 EUR bn from Dec 1993 (Median) to 2017, with 25 observations. The data reached an all-time high of 138.000 EUR bn in 2009 and a record low of 28.500 EUR bn in 2000. France Government Fund: Borrowing Requirement: Budget Deficit data remains active status in CEIC and is reported by Agence France Tresor. The data is categorized under Global Database’s France – Table FR.F033: Government Borrowing Requirement and Funding Sources: Agence France Tresor.

This graph depicts France's deficit and surplus liquidity ratio between 2007 and 2024, as a percentage of the Gross Domestic Product (GDP). It appears that the public deficit of France amounted to 5.8 percent of the national GDP in 2024.

France - General gov. deficit (-) and surplus (+) was -6.10% in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for France - General gov. deficit (-) and surplus (+) - last updated from the EUROSTAT on June of 2025. Historically, France - General gov. deficit (-) and surplus (+) reached a record high of -2.60% in June of 2019 and a record low of -14.40% in June of 2020.

Graph and download economic data for General government gross debt for France (GGGDTAFRA188N) from 1980 to 2023 about France, gross, debt, and government.

Fiscal Expenditure in France increased to 158.50 EUR Billion in April from 112.84 EUR Billion in March of 2025. This dataset provides - France Fiscal Expenditure- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about France National Government Debt

• France National Government Debt reached 3,681.2 USD bn in Sep 2024, compared with 3,461.0 USD bn in the previous quarter.
• France National Government Debt data is updated quarterly, available from Dec 1995 to Sep 2024.
• The data reached an all-time high of 3,681.2 USD bn in Sep 2024 and a record low of 761.5 USD bn in Jun 2001.

CEIC converts quarterly Government Debt into USD. National Institute of Statistics and Economic Studies provides Government Debt in EUR. The Federal Reserve Board period end market exchange rate is used for currency conversions.


Related information about France National Government Debt

• In the latest reports, France Consolidated Fiscal Balance recorded a deficit equal to 6.0 % of its Nominal GDP in Sep 2024.
• The country's Government debt accounted for 110.6 % of its Nominal GDP in Dec 2023.
• France Nominal GDP reached 736.3 USD bn in Mar 2023.

France: Budget balance forecast, percent of GDP: The latest value from 2030 is -6.02 percent, a decline from -5.88 percent in 2029. In comparison, the world average is -2.33 percent, based on data from 81 countries. Historically, the average for France from 1980 to 2030 is -3.55 percent. The minimum value, -6.09 percent, was reached in 2010 while the maximum of -0.17 percent was recorded in 1980.

France recorded a Government Debt to GDP of 113 percent of the country's Gross Domestic Product in 2024. This dataset provides the latest reported value for - France Government Debt to GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The statistic shows the national debt of France from 2019 to 2022, with projections up until 2029. In 2022, the national debt of France amounted to around 3.19 trillion U.S. dollars. For comparison, the Greek debt amounted to approximately 392.27 billion euros that same year. French national debt and developments in taxationFrance currently has one of the highest national debt levels of any of the world’s nations. Debt in the European Union’s second-largest economy is currently at around 97 percent of GDP. The cost of interest on the country’s debt alone comes in at over 1,600 euros per second; every man, woman, and child in France, of which there are 65.3 million in total, takes a share of just under 28 thousand euros of the debt.On 6th May 2012, the incumbent French President was defeated by François Hollande, leader of the French Socialist Party. The new President vowed to develop and change the tax system of France, announcing wide-ranging economic policies in a bid to balance the nation’s budget and right what he considered to be social wrongs. He pledged and supported the separation of lending and investment banks, as well as proposing sweeping changes to the French tax system. The introduction of the measure of capping tax loopholes at a maximum of ten thousand euros per year and questioning the solidarity tax on wealth, the annual direct wealth tax on those with assets above 1.3 million, were also part of Hollande’s proposals. The President has also signaled his intention to implement an income tax rate of 75 percent on revenue earned above one million euros per year. He stated the allocation of the revenue from this tax would be used to develop the deprived suburbs and to balance the nation's budget by 2017. France is a country brimming with big business and millionaires. The nation is home to the most millionaires in Europe; 2.6 million in total.

Graph and download economic data for Central government debt, total (% of GDP) for France (DEBTTLFRA188A) from 1998 to 2023 about France, debt, government, and GDP.

France General Govt: Year to Date: Balance of Special Account data was reported at -8,613.000 EUR mn in Oct 2018. This records an increase from the previous number of -28,013.000 EUR mn for Sep 2018. France General Govt: Year to Date: Balance of Special Account data is updated monthly, averaging -12,000.500 EUR mn from Mar 2000 (Median) to Oct 2018, with 224 observations. The data reached an all-time high of 6,795.000 EUR mn in Dec 2016 and a record low of -36,206.000 EUR mn in Aug 2016. France General Govt: Year to Date: Balance of Special Account data remains active status in CEIC and is reported by Ministry of the Economy, Finance and Industry. The data is categorized under Global Database’s France – Table FR.F004: Central Government Revenue and Expenditure.

General Govt: ytd: Balance of Special Acct: ow Local Authority data was reported at -26,983.000 EUR mn in Sep 2018. This records an increase from the previous number of -31,781.000 EUR mn for Aug 2018. General Govt: ytd: Balance of Special Acct: ow Local Authority data is updated monthly, averaging -12,060.000 EUR mn from Mar 2000 (Median) to Sep 2018, with 223 observations. The data reached an all-time high of 10,188.000 EUR mn in Nov 2010 and a record low of -31,781.000 EUR mn in Aug 2018. General Govt: ytd: Balance of Special Acct: ow Local Authority data remains active status in CEIC and is reported by Ministry of the Economy, Finance and Industry. The data is categorized under Global Database’s France – Table FR.F004: Central Government Revenue and Expenditure.

France: Fiscal balance, percent of GDP: The latest value from 2023 is -5.5 percent, a decline from -4.8 percent in 2022. In comparison, the world average is -2.82 percent, based on data from 143 countries. Historically, the average for France from 1960 to 2023 is -2.64 percent. The minimum value, -8.9 percent, was reached in 2020 while the maximum of 1.3 percent was recorded in 1960.

France General Govt: Year to Date: Balance of Special Acct: ow Local Authority data was reported at -26,983.000 EUR mn in Sep 2018. This records an increase from the previous number of -31,781.000 EUR mn for Aug 2018. France General Govt: Year to Date: Balance of Special Acct: ow Local Authority data is updated monthly, averaging -12,060.000 EUR mn from Mar 2000 (Median) to Sep 2018, with 223 observations. The data reached an all-time high of 10,188.000 EUR mn in Nov 2010 and a record low of -31,781.000 EUR mn in Aug 2018. France General Govt: Year to Date: Balance of Special Acct: ow Local Authority data remains active status in CEIC and is reported by Ministry of the Economy, Finance and Industry. The data is categorized under Global Database’s France – Table FR.F004: Central Government Revenue and Expenditure.

France FR: General Government: Overall Balance: % of GDP data was reported at -2.817 % in 2023. This records a decrease from the previous number of -2.595 % for 2022. France FR: General Government: Overall Balance: % of GDP data is updated yearly, averaging -3.310 % from Dec 1990 (Median) to 2023, with 34 observations. The data reached an all-time high of -1.326 % in 2000 and a record low of -7.173 % in 2009. France FR: General Government: Overall Balance: % of GDP data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s France – Table FR.IMF.FM: Government Finance Statistics.