France recorded a Government Budget deficit equal to 5.50 percent of the country's Gross Domestic Product in 2023. Government Budget in France averaged -2.57 percent of GDP from 1959 until 2023, reaching an all time high of 1.50 percent of GDP in 1959 and a record low of -8.90 percent of GDP in 2020. source: INSEE, France

Government Budget in France is expected to reach -4.40 percent of GDP by the end of 2024, according to Trading Economics global macro models and analysts expectations. In the long-term, the France Government Budget is projected to trend around -4.00 percent of GDP in 2025 and -3.60 percent of GDP in 2026, according to our econometric models.

Related Last Previous Unit Reference
Government Budget -5.50 -4.80 percent of GDP Dec 2023
Government Debt 3101.20 3093.10 EUR Billion Dec 2023
Government Debt to GDP 110.60 111.90 percent of GDP Dec 2023
Government Spending 144888.00 144387.00 EUR Million Dec 2023

France Government Budget
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.
Actual Previous Highest Lowest Dates Unit Frequency
-5.50 -4.80 1.50 -8.90 1959 - 2023 percent of GDP Yearly