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.