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.