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 142 EUR Billion in July 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.

This statistic shows the public deficit level in France between 2007 and 2024, in billion euros. In the last quarter of 2024, France's public deficit amounted to an estimated 3305.3 billion euros.

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

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 *** percent of the national GDP in 2024.

In 2025, public debt in France represented 116.2 percent of the country’s GDP. According to the source, public debt in France is supposed to remain stable in the upcoming years. There was a substantial increase between 2019 and 2020 due to the Covid-19 pandemic and the French government's economic response to it. Since 2005, public debt in France is increasing making the country one of the most in debt of the European Union. A debt country Public debt, also known as national debt, appears to be the difference between what a government is receiving and spending in a year. It is the accumulation of annual budget deficits, which happened when the government was spending more than receiving. Public debt in France is increasing since 2007, while the debt interest expenditure amounted to more than 40.3 billion euros in 2023. France’s revenue and spending Most of French public debt is generated by the State, in comparison with the social security system and the regional and local authorities. The budget balance of the country has been negative for years and does not appear to reach a positive one in the future. France spends most of its budget on tax repayments and abatement, as well as on education and defense. In 2023, France’s government spent more than 1.61 trillion euros, whereas its revenue amounted to 1.45 trillion euros. Non-tax revenue collected by the state came in majority from dividends, while it collected 70 billion euros by levying taxes on income and 140 billion euros through VAT in 2016.

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.

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.

This statistic shows the distribution of the French public deficit between 2011 and 2024, by administration (in billion euros). In 2024, central public administration accumulated a deficit of about ****** billion euros.

In 2024, the budget balance in relation to the gross domestic product (GDP) in France was estimated at approximately -5.79 percent. Between 1980 and 2024, the figure dropped by around 6.55 percentage points, though the decline followed an uneven course rather than a steady trajectory. The budget balance is forecast to decline by about 0.35 percentage points from 2024 to 2030, fluctuating as it trends downward.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 expenses 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 Government Debt: % of GDP

• France Government debt accounted for 110.6 % of the country's Nominal GDP in Dec 2023, compared with the ratio of 111.7 % in the previous quarter.
• France government debt to GDP ratio data is updated quarterly, available from Dec 1995 to Dec 2023.
• The data reached an all-time high of 117.5 % in Mar 2021 and a record low of 56.1 % in Dec 1995.

Related information about France Government Debt: % of GDP

• In the latest reports, France National Government Debt reached 3,409.6 USD bn in Mar 2024.
• The country's Nominal GDP reached 736.3 USD bn in Mar 2023.

Government Debt in France increased to 3345.80 EUR Billion in the first quarter of 2025 from 3305.30 EUR Billion in the fourth quarter of 2024. This dataset provides the latest reported value for - France General Government Debt - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

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

The outstanding value of Germany's general government debt securities has shown an upward trend from 2000 to the first quarter of 2024, rising from approximately *** billion U.S. dollars to nearly *** trillion U.S. dollars. The largest increase occurred between 2019 and 2020, when government debt securities went from *** trillion to three trillion U.S. dollars.

France - General gov. deficit (-) and surplus (+) was -5.60% in March of 2025, 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 September 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.

Key information about France External Debt

• France External Debt reached 8,194.6 USD bn in Sep 2024, compared with 7,676.1 USD bn in the previous quarter.
• France External Debt: USD mn data is updated quarterly, available from Jun 2004 to Sep 2024.
• The data reached an all-time high of 8,194.6 USD bn in Sep 2024 and a record low of 2,398.8 USD bn in Jun 2004.

CEIC converts quarterly External Debt into USD. The Banque de France provides External Debt in EUR based on BPM6. The Federal Reserve Board period end market exchange rate is used for currency conversions. External Debt prior to Q1 2008 is based on BPM5, sourced from the Banque de France.


Related information about France External Debt

• In the latest reports of France, Current Account recorded a deficit of 1.9 USD bn in Nov 2024.
• Foreign Direct Investment (FDI) increased by 864.5 USD mn in Nov 2024.
• France Direct Investment Abroad expanded by 2.0 USD bn in Nov 2024.
• Its Foreign Portfolio Investment increased by 51.4 USD bn in Sep 2024.
• The country's Nominal GDP was reported at 736.3 USD bn in Mar 2023.

Central government debt, total (% of GDP) in France was reported at 98.47 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. France - Central government debt, total (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on September of 2025.

Fiscal Expenditure in France increased to 313.05 EUR Billion in July from 262.08 EUR Billion in June of 2025. This dataset provides - France Fiscal Expenditure- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about France Current Account Balance: % of GDP

• France Current Account deficit accounted for 0.4 % of the country's Nominal GDP in Dec 2024, compared with a 0.0 % surplus in the previous quarter.
• France Current Account Balance: % of Nominal GDP data is updated quarterly, available from Mar 1997 to Dec 2024, with an average value of -0.0 %.
• The data reached an all-time high of 3.6 % in Jun 1999 and a record low of -4.3 % in Jun 2020.

CEIC calculates Current Account Balance as % of Nominal GDP from monthly Current Account Balance and quarterly Nominal GDP. The Banque de France provides Current Account Balance in EUR based on BPM6. Eurostat provides Nominal GDP in EUR. Current Account Balance prior to Q1 2008 is based on BPM5.


Key information about France Current Account Balance: % of GDP

• In the latest reports of France, Current Account recorded a deficit of 2.3 USD bn in Jan 2025.
• Foreign Direct Investment (FDI) increased by 4.8 USD bn in Dec 2024.
• France Direct Investment Abroad expanded by 4.3 USD bn in Dec 2024.
• Its Foreign Portfolio Investment increased by 28.2 USD bn in Dec 2024.
• The country's Nominal GDP was reported at 736.3 USD bn in Mar 2023.

Key information about France External Debt: % of GDP

• France External Debt accounted for 244.9 % of the country's Nominal GDP in 2023, compared with the ratio of 243.0 % in the previous year.
• France External Debt: % of Nominal GDP data is updated yearly, available from Dec 2004 to Dec 2023.
• The data reached an all-time high of 264.9 % in Dec 2020 and a record low of 123.0 % in Dec 2004.

CEIC calculates External Debt as % of Nominal GDP from quarterly External Debt and annual Nominal GDP. The Banque de France provides External Debt in EUR based on BPM6. National Institute of Statistics and Economic Studies provides Nominal GDP in EUR. External Debt prior to 2008 is based on BPM5, sourced from the Banque de France.


Related information about France External Debt: % of GDP

• In the latest reports of France, Current Account recorded a deficit of 3.4 USD bn in May 2024.
• Foreign Direct Investment (FDI) fell by 111.3 USD mn in May 2024.
• France Direct Investment Abroad expanded by 2.2 USD bn in May 2024.
• Its Foreign Portfolio Investment increased by 132.8 USD bn in Mar 2024.
• The country's External Debt reached 7,806,404.8 in Mar 2024.
• The country's Nominal GDP was reported at 736.3 USD bn in Mar 2023.