France recorded a Government Budget deficit equal to 3 percent of the country's Gross Domestic Product in 2019. source: INSEE, France

Government Budget in France averaged -2.26 percent of GDP from 1959 until 2019, reaching an all time high of 1.50 percent of GDP in 1959 and a record low of -7.20 percent of GDP in 2009. This page 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 Government Budget - values, historical data and charts - was last updated on December of 2020.

Government Budget in France is expected to reach -11.40 percent of GDP by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the France Government Budget is projected to trend around -4.60 percent of GDP in 2021 and -2.80 percent of GDP in 2022, according to our econometric models.

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France Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
-3.00 -2.30 1.50 -7.20 1959 - 2019 percent of GDP Yearly

France Government Last Previous Highest Lowest Unit
Government Debt to GDP 98.10 98.10 98.30 20.70 percent [+]
Government Budget -3.00 -2.30 1.50 -7.20 percent of GDP [+]
Government Budget Value -159.85 -161.59 -4.21 -165.69 EUR Billion [+]
Government Spending 139279.00 120622.00 139279.00 16868.00 EUR Million [+]
Government Spending to GDP 55.60 55.70 57.20 45.20 percent [+]
Government Revenues 219.28 191.20 313.79 13.00 EUR Billion [+]
Government Debt 2638.30 2438.40 2638.30 683.50 EUR Billion [+]
Fiscal Expenditure 371.52 328.86 425.69 16.73 EUR Billion [+]
Military Expenditure 59542.00 60417.00 60417.00 15685.00 USD Million [+]
Credit Rating 92.00 [+]
Asylum Applications 8345.00 6845.00 13635.00 170.00 persons [+]


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.