France recorded a Government Debt to GDP of 110.60 percent of the country's Gross Domestic Product in 2023. 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.

In 2024, public debt in France represented 112.3 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 45 billion euros in 2022.

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 2021, France’s government spent more than 1.48 trillion euros, whereas its revenue amounted to 1.3 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.

The ratio of national debt to gross domestic product (GDP) in France was forecast to continuously increase between 2024 and 2029 by in total 11.8 percentage points. After the sixth consecutive increasing year, the ratio is estimated to reach 124.1 percent and therefore a new peak in 2029. Depicted here is the general government's gross debt in relation to the country's GDP. According to the International Monetary Fund, gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. The GDP, on the other hand, refers to the total value of final goods and services produced during a year.Find more key insights for the ratio of national debt to gross domestic product (GDP) in countries like the Netherlands, Belgium, and Luxembourg.

France Negotiable Government Debt: Total data was reported at 1,686,112.000 EUR mn in 2017. This records an increase from the previous number of 1,620,597.000 EUR mn for 2016. France Negotiable Government Debt: Total data is updated yearly, averaging 854,724.500 EUR mn from Dec 1992 (Median) to 2017, with 26 observations. The data reached an all-time high of 1,686,112.000 EUR mn in 2017 and a record low of 270,131.000 EUR mn in 1992. France Negotiable Government Debt: Total data remains active status in CEIC and is reported by Agence France Tresor. The data is categorized under Global Database’s France – Table FR.F030: Negotiable Government Debt: Agence France Tresor.

This statistic shows the government debt interest expenditure in France from 2010 to 2022, in billion euros. The debt interest expenditure peaked in 2022, at 45.8 billion euros, the highest since 2011.

Forecast: Social Security Government Debt in France 2024 - 2028 Discover more data with ReportLinker!

This graphic depicts the public debt of France from 2004 to 2022 as a percentage of Gross Domestic Product (GDP). Since 2008, the French public debt continuously rose and reached its highest in 2020 with 146 percent of the GDP. However, since this peak of 2020, the public debt started decreasing and was equal to 117.3 percent of the GDP in 2022.

France Net Debt: GG: State data was reported at 1,713.700 EUR bn in Jun 2018. This records an increase from the previous number of 1,691.200 EUR bn for Mar 2018. France Net Debt: GG: State data is updated quarterly, averaging 881.500 EUR bn from Dec 1995 (Median) to Jun 2018, with 91 observations. The data reached an all-time high of 1,713.700 EUR bn in Jun 2018 and a record low of 441.100 EUR bn in Dec 1995. France Net Debt: GG: State data remains active status in CEIC and is reported by French National Institute for Statistics and Economic Studies. The data is categorized under Global Database’s France – Table FR.F005: Central Government Debt: Maastricht Definition.

France debt to gdp ratio for 2022 was 98.66%, a 18.23% decline from 2021.

• France debt to gdp ratio for 2021 was 116.89%, a 6.29% decline from 2020.
• France debt to gdp ratio for 2020 was 123.17%, a 18.21% increase from 2019.
• France debt to gdp ratio for 2019 was 104.96%, a 3.34% increase from 2018.

Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year.

France Negotiable Government Debt: Non Resident: BTF data was reported at 89.900 % in 2017. This records an increase from the previous number of 88.600 % for 2016. France Negotiable Government Debt: Non Resident: BTF data is updated yearly, averaging 68.700 % from Dec 1995 (Median) to 2017, with 23 observations. The data reached an all-time high of 89.900 % in 2017 and a record low of 42.500 % in 1995. France Negotiable Government Debt: Non Resident: BTF data remains active status in CEIC and is reported by Agence France Tresor. The data is categorized under Global Database’s France – Table FR.F030: Negotiable Government Debt: Agence France Tresor.

This dataset provides values for GOVERNMENT DEBT TO GDP reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

France FR: Gross Public Debt: % of GDP: General Government: Debt Securities: Market Value data was reported at 96.014 % in Mar 2018. This records an increase from the previous number of 94.654 % for Dec 2017. France FR: Gross Public Debt: % of GDP: General Government: Debt Securities: Market Value data is updated quarterly, averaging 61.516 % from Dec 1998 (Median) to Mar 2018, with 78 observations. The data reached an all-time high of 100.110 % in Jun 2016 and a record low of 47.565 % in Sep 2000. France FR: Gross Public Debt: % of GDP: General Government: Debt Securities: Market Value data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s France – Table FR.World Bank: QPSD: Gross Public Debt: % of GDP: General Government.

Central government debt, total (current LCU) in France was reported at 2603742000000 LCU in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. France - Central government debt, total (current LCU) - actual values, historical data, forecasts and projections were sourced from the World Bank on March of 2025.

Graph and download economic data for Amount Outstanding of Total Debt Securities in General Government Sector, All Maturities, Residence of Issuer in France (TDSAMRIAOGGFR) from Q4 1989 to Q4 2022 about France, sector, maturity, debt, residents, securities, 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 600 billion U.S. dollars in 2000 to approximately 3.1 trillion U.S. dollars in early 2024. The largest increase occurred between 2019 and 2020, when government debt securities went from 2.4 trillion to three trillion U.S. dollars.

France Net Debt: General Government (GG) data was reported at 2,085.000 EUR bn in Jun 2018. This records an increase from the previous number of 2,070.600 EUR bn for Mar 2018. France Net Debt: General Government (GG) data is updated quarterly, averaging 1,093.500 EUR bn from Dec 1995 (Median) to Jun 2018, with 91 observations. The data reached an all-time high of 2,085.000 EUR bn in Jun 2018 and a record low of 561.700 EUR bn in Dec 1995. France Net Debt: General Government (GG) data remains active status in CEIC and is reported by French National Institute for Statistics and Economic Studies. The data is categorized under Global Database’s France – Table FR.F005: Central Government Debt: Maastricht Definition.

This scatter chart displays central government debt (% of GDP) against suicide mortality rate (per 100,000 population) and is filtered where the country is France. The data is about countries per year.

France FR: Gross Public Debt: % of GDP: Central Government: Debt Securities and Loans data was reported at 78.037 % in Mar 2018. This records an increase from the previous number of 76.884 % for Dec 2017. France FR: Gross Public Debt: % of GDP: Central Government: Debt Securities and Loans data is updated quarterly, averaging 58.553 % from Mar 2000 (Median) to Mar 2018, with 73 observations. The data reached an all-time high of 78.938 % in Jun 2017 and a record low of 46.301 % in Mar 2001. France FR: Gross Public Debt: % of GDP: Central Government: Debt Securities and Loans data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s France – Table FR.World Bank: QPSD: Gross Public Debt: % of GDP: Central Government.

Graph and download economic data for Amount Outstanding Due within One Year of International Debt Securities for General Government Sector, Nationality of Issuer in France (DISCONTINUED) (IDS1MNIAOGGFR) from Q3 1993 to Q2 2015 about 1-year, France, sector, debt, securities, and government.