France's government budget deficit widened to EUR 124.88 billion in the first half of 2020 from EUR 77.34 billion a year earlier, amid efforts to support the economy hit by the coronavirus crisis. Government spending jumped 12.8 percent from a year earlier to EUR 230.55 billion, while revenues slumped 10.1 percent to EUR 129.27 billion.

Government Budget Value in France averaged -50.46 EUR Billion from 1994 until 2020, reaching an all time high of -4.21 EUR Billion in January of 2000 and a record low of -148.80 EUR Billion in December of 2010. This page 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. France Government Budget Value - data, historical chart, forecasts and calendar of releases - was last updated on August of 2020. source: Ministere de l'Économie, des Finances, de l'Action et des Comptes publics, France

Government Budget Value in France is expected to be -120.00 EUR Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Budget Value in France to stand at -100.00 in 12 months time. In the long-term, the France Government Budget Value is projected to trend around -65.00 EUR Billion in 2021 and -116.00 EUR Billion in 2022, according to our econometric models.

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France Government Budget Value

Actual Previous Highest Lowest Dates Unit Frequency
-124.88 -117.85 -4.21 -148.80 1994 - 2020 EUR Billion Monthly
Current Prices, NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-05-05 06:45 AM Mar €-52.5B €-35.2B €-52B
2020-06-02 06:45 AM Apr €-92.1B €-52.5B €-68B
2020-07-03 06:45 AM May €-117.9B €-92.1B €-107B
2020-08-04 06:45 AM Jun €-124.88B €-117.85B € -105B
2020-08-31 06:45 AM Jul €-124.88B €-128B
2020-10-05 06:45 AM Aug €-140B
2020-11-05 07:45 AM Sep € -145B
2020-12-03 07:45 AM Oct €-132B
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
French Public Deficit Widens Sharply in H1
France's government budget deficit widened to EUR 124.88 billion in the first half of 2020 from EUR 77.34 billion a year earlier, amid efforts to support the economy hit by the coronavirus crisis. Government spending jumped 12.8 percent from a year earlier to EUR 230.55 billion, while revenues slumped 10.1 percent to EUR 129.27 billion.
2020-08-04
French Budget Gap Increases in May
France's government budget deficit widened sharply to EUR 117.9 billion in the first five months of 2020 from EUR 83.9 billion a year earlier. Government revenues went down 9.3 percent to EUR 99.6 billion, as coronavirus restrictions led to a fall in VAT and on taxes on energy products. Meanwhile, spending increased 10.9 percent to EUR 189.9 billion, mainly due to the coronavirus. The Treasury special accounts, which track the balance of inflows and outflows for targeted revenues and outlays, for example receipts from local government posted a EUR 27.5 billion shortfall, higher than a EUR 22.5 billion gap in the period a year earlier.
2020-07-03
French Budget Gap Widens in April
France's government budget deficit widened to EUR 92.1 billion in the first four months of 2020 from EUR 67.22 billion a year earlier. Government revenues went down 9.8 percent to EUR 80.1 billion, as coronavirus restrictions led to a fall in VAT and corporate income receipts. Meanwhile, spending increased 9.9 percent to EUR 149.7 billion, mainly due to coronavirus. The Treasury special accounts, which track the balance of inflows and outflows for targeted revenues and outlays, for example receipts from local government posted a EUR 22.5 billion shortfall, higher than a EUR 19.8 billion gap in the period a year earlier.
2020-06-02
French Budget Gap Rises in March
France's government budget deficit widened to EUR 52.5 billion in the first three months of 2020 from EUR 40.7 billion a year earlier. Government revenues went down 5.8 percent to EUR 61.8 billion, mainly due to a 23.9 percent slump in VAT receipts due to coronavirus lockdown restrictions. Meanwhile, spending increased 8.9 percent to EUR 98.9 billion. The Treasury special accounts, which track the balance of inflows and outflows for targeted revenues and outlays, for example receipts from local government posted a EUR 15.38 billion shortfall, higher than a EUR 15.52 billion gap in the same month the year before.
2020-05-05

France Government Budget Value
The government budget balance is the difference between government revenues and expenses, including the treasure special component. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues.