The government budget deficit in France widened to EUR 60.1 billion in the first quarter of 2021 from EUR 52.5 billion in the corresponding period of the previous year. Spending increased 13.4 percent to EUR 112.2 billion mainly amid efforts to respond to the Covid-19 crisis and support the economy; while revenues advanced 2.5 percent to EUR 63.4 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 11.2 billion shortfall, compared with a EUR 15.4 billion gap in the same period the year before. source: Ministere de l'Économie, des Finances, de l'Action et des Comptes publics, France

Government Budget Value in France averaged -52.53 EUR Billion from 1994 until 2021, reaching an all time high of -4.21 EUR Billion in January of 2000 and a record low of -178.10 EUR Billion in December of 2020. 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 May of 2021.

Government Budget Value in France is expected to be -40.00 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 -140.00 in 12 months time. In the long-term, the France Government Budget Value is projected to trend around -116.00 EUR Billion in 2022 and -110.00 EUR Billion in 2023, according to our econometric models.

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France Government Budget Value

Actual Previous Highest Lowest Dates Unit Frequency
-60.07 -47.47 -4.21 -178.10 1994 - 2021 EUR Billion Monthly
Current Prices, NSA


Calendar GMT Actual Previous Consensus TEForecast
2021-02-03 07:45 AM Dec €-178.1B €-176.85B €-170B
2021-03-03 07:45 AM Jan €-21.86B €-178.1B €-27B
2021-04-02 06:45 AM Feb €-47.47B €-21.86B €-38B
2021-05-04 06:45 AM Mar €-60.07B €-47.47B € -40B
2021-06-02 06:45 AM Apr €-60.07B €-98B
2021-07-02 06:45 AM May
2021-08-04 06:45 AM Jun € -100B
2021-09-03 06:45 AM Jul


News Stream
French Government Budget Deficit Widens in Q1
The government budget deficit in France widened to EUR 60.1 billion in the first quarter of 2021 from EUR 52.5 billion in the corresponding period of the previous year. Spending increased 13.4 percent to EUR 112.2 billion mainly amid efforts to respond to the Covid-19 crisis and support the economy; while revenues advanced 2.5 percent to EUR 63.4 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 11.2 billion shortfall, compared with a EUR 15.4 billion gap in the same period the year before.
2021-05-04
French Government Budget Gap Widens in Jan-Feb
The government budget deficit in France rose slightly to EUR 47.5 billion in January-February of 2021 from EUR 35.2 billion in the corresponding period of the previous year. Spending increased 16.3 percent to EUR 75.4 billion mainly due to expenses incurred by the government to respond to the Covid-19 crisis and support the economy; while revenues went down 0.2 percent to EUR 39.9 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 12 billion shortfall, higher than a EUR 10.4 billion gap in the same period the year before.
2021-04-02
French Government Budget Gap Widens
The government budget deficit in France rose slightly to EUR 21.9 billion in January of 2021 from EUR 20 billion in the corresponding month of the previous year due to efforts to support the economy hit by the coronavirus crisis. Spending increased 7.7 percent to EUR 37.9 billion while revenues went up at a slower 6.6 percent to EUR 22.5 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 6.4 billion deficit, higher than a EUR 5.8 billion gap a year earlier.
2021-03-03
French Budget Gap Hits Record High
The government budget deficit in France widened sharply to EUR 178.1 billion in 2020 from EUR 92.84 billion in 2019. It is the highest budget deficit ever amid efforts to support the economy hit by the coronavirus crisis. Spending increased 14.4 percent to EUR 455.37 billion, with EUR 17.8 billion invested in the Partial Activity Scheme which helps businesses retain employees, EUR 11.8 billion to finance the solidarity fund for companies and EUR 8.3 billion for exceptional financial contributions from the State. Revenues fell 6.1 percent to EUR 282.7 billion, mainly due to lower VAT and company tax receipts.
2021-02-03

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.