France's government budget deficit widened to EUR 123.1 billion in January-August 2019 from EUR 97.3 billion in the corresponding period of the previous year. Revenues declined 8.6 percent to EUR 180.7 billion while government spending rose 3.5 percent to EUR 273.0 billion. Meantime, 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 30.9 billion deficit in the first eight months of the year, compared to a EUR 31.3 billion gap a year earlier. Government Budget Value in France averaged -49.27 EUR Billion from 1994 until 2019, 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.

Government Budget Value in France is expected to be -65.00 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 -56.00 in 12 months time. In the long-term, the France Government Budget Value is projected to trend around -65.00 EUR Billion in 2020, according to our econometric models.

France Government Budget Value
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Calendar GMT Actual Previous Consensus TEForecast
2019-07-02 06:45 AM Budget Balance May €-83.9B €-67.2B €-70.2B €-60B
2019-07-30 06:45 AM Budget Balance Jun €-77.3B €-83.9B €-60.5B € -52B
2019-08-30 06:45 AM Budget Balance Jul €-109.7B €-77.3B €-84B
2019-10-04 06:45 AM Budget Balance Aug €-123.1B €-109.7B €-92B
2019-11-01 07:45 AM Budget Balance Sep €-123.1B € -64B
2019-12-04 07:45 AM Budget Balance Oct €-77B

France Government Last Previous Highest Lowest Unit
Government Debt to GDP 98.40 98.40 98.40 20.70 percent [+]
Government Budget -2.50 -2.80 1.50 -7.20 percent of GDP [+]
Government Budget Value -123.14 -109.74 -4.21 -148.80 EUR Billion [+]
Government Spending 136971.00 136484.00 136971.00 16868.00 EUR Million [+]
Government Spending to GDP 56.00 56.40 57.20 45.20 percent [+]
Government Revenues 180.68 159.24 313.82 13.00 EUR Billion [+]
Government Debt 2375.40 2358.90 2375.40 683.50 EUR Billion [+]
Fiscal Expenditure 272.97 243.99 425.69 16.73 EUR Billion [+]
Military Expenditure 59542.00 60417.00 60417.00 15685.00 USD Million [+]
Credit Rating 89.53 [+]
Asylum Applications 11080.00 9030.00 11380.00 2815.00 persons [+]

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. 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 - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-123.14 -109.74 -4.21 -148.80 1994 - 2019 EUR Billion Monthly
Current Prices, NSA

Country Last Previous
Argentina 13746.10 Aug/19
Australia -9001.00 Jun/19
Brazil -63644.00 Aug/19
Canada -1470.00 Jul/19
China -257.10 Aug/19
France -123.14 Aug/19
Germany 7.47 Mar/19
India -5538.40 Aug/19
Indonesia -259900.00 Dec/18
Italy -28.38 Jul/19
Japan -117024.00 Jun/19
Mexico 34970.00 Aug/19
Netherlands -18.70 Jun/19
Russia 2560.62 Aug/19
Saudi Arabia -135704.00 Dec/18
Singapore 4068.40 Aug/19
South Africa -42808.00 Aug/19
South Korea -22340.00 Aug/19
Spain -14937.00 Aug/19
Switzerland 2176.00 Dec/19
Turkey 837007.00 Aug/19
United Kingdom -1819.00 Aug/19
United States -200344.00 Aug/19